The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-01-31

Gent for one-half of the necessary
development work and that the al
ready small ore reserve will soon be
exhausted. Were the property oper-
ating under the old contract 1t could
continue with a small profit but as 1t
il the property Is justified in con-
tinuing operations only until the pre-
sent ores below the water level have
been removed. However. to provide
for the future, development could be
undertaken at approximately $ll.7s
per foot; this estimate only permits
the work to be done contiguous with
mining operations and allows no
charge for hosting, since in estimat-
ing the mining costs hosting and
pumping are considered continuous"
Mr.. Skeels' recommendations We're
based on physical conditions not per-
hitting further depth, that the pre-
sent zinc contract does not permit
profitable zinc production, small ore
reserves in the lower workings and
heavy expense of unwatering the shaft
in case 1t were ever allowed to be
flooded. His recommendations We're
to remove all ore below the 1200-foot
level as soon as possible, for which
supplies were already on hand In
connection with this to develop the
virgin ground on the 1500-foot level.
Also to make further examination of
the upper workings with a view Of
further intelligent exploration for ore
White Agrees With Skeels.
The actual cash in bank and cash
resources at the time the new man..
agement took hold December 10, 1910
totaled $20349SS against which We're
approximately $21,50000 due for wages
and supplies and there were also other
items totaling at least $3,500.00 which
will be seen that the prospect was
anything but encouraging. However,
the work as outlined by our engineer
was authorized and entered into, pro-
duction was pushed, costs reduced,
and considerable Improvement made
even in the portion of the month of
December remaining after the new
management took charge. At Mr..
Skeels' request for a check in his work
we employed Mr.. Rush J. White a
consulting mining engineer of large
experience to check up the report and
to consider further development work.
While his written report has not. been
made owing to his necessary absence
from home, the two engineers are in
accord in proposed development work
to be undertaken.
Strike Lead Ore Shoot.
Supplementing his report, and for
the information of the directors who
pared further report which we
quote in full;
experimenting my report of Dec
ember 81, 1917, in which l advised .the
further exploration of the 1500-foot
level for the purpose of determining
whether or not commercial shoot Of
ore existed in this heretofore unex-
plored territory, and subsequently ap-
proved by your president, I beg to
state that after so feet of drifting a
shoot of high grade galena ore carry
ing zinc values was uncovered and is
now being drifted upon. A total of
some 40 feet of drifting has been ac-
complished on this ore and shoot
varying from Is inches to seven feet
is now exposed for the entire dis
lance, the present face being five feet
in width. Until further development
is done l can make no prediction as to
its possible extent owing to the fact
that this body is in heretofore unex-
plored territory, and the characteris-
tics of the ore being entirely different
from any former known body.
In accordance with developments
since my report of December 81, l ad-
vised diamond drilling operations on
the 1400foot level as speedy means
of determining the possible existence
of new ore bodies. Since this recon-
mendation has been favorably acted
upon by your board, | wish to state
that arrangements have been complet-
ed with the Diamond Drill Contract
ing company, of Spokane, Washington
to carry on this work and which will
begin within the next few days.
Il also wish to report that the an
ticipated block of ore of some 5000
tons supposed to exist below the 1900
foot level has, under new development
failed to materialize and will therefore
reduce our ore reserve to that extent.
This ore body was some forty feet in
length and some nine feet in width
on the 1500-foot level and was nat
urally supposed to continue downward
to some extent. However Immediately
below the level, the ore body fingered
out and ceased to exist.
II wish to also state that the ore
reserves have been so diminished that
for economical mining contiguous with
the development under way it has been
deemed advisable for the present to
cOntinue milling onaratiopS p,itb ono