The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1918-12-05
REPORT INTERSTATE.
CALLAHAN COMPANY
Operation Con-
fined to Retreat
ing Tailings
MUCH ORE DEVELOPED
Cancel Contract With Amer.
lean Metal--Mine Pro-
duction Resumed
MUCH ORE DEVELOPED
-1HE REPORT of John A. Perci-
val, president of the Con-
snlidated InterSta to Ca lln hn =,

val president Of the Con
solidated Interstate -Callaha
Mining company, for tn
quarter ending September 80, ha
been received. During the perio,
covered the mill was running exclu
svely on tailings, work in the min
being development which resulted il
large addition to the available ton
mage. The mill is now running OF
ore from the mine, the working fore,
in the mine is being steadily increas.
ed and it is expected that the com.
pany will be turning its usual ship
ments soon after the first of the year
The quarterly report follows:
To the Stockholders.
I'VE submit herewith report of op-
erations Of the Consolidated Inter-
stateCallahan Mining company for
the third quarter of the calendar year
1918:
Net value of shipments,
f. o. b. destination ....... 1868 1858. Al
Miscellaneous receipts S51.32
Total net value of ship
ments .,...... ........$2 $270, ,7O9.73
Operating costs, including
provision for 1918 taxes. p. 22O,95S. 90
Profits ..,...... ..........$ 49,750.S6
Cost of improvements ..,.. 622.42
Surplus for period ......,..$ 49,12S44
Operating Details.
"The principal features of produc-
ton and operations during the quar-
ter We're as follows:
Tons of tailings milled, 42,661.
Average contents of mill feed
Zine 11.13 per cent; lead, 2.O5 per
cent; silver, 81 ounces.
Shipments.
Zinc concentrates-Tons, S601;
zinc, 47.19 per cent; pounds zinc, s.
117S06
Lead concentrates-Tons, Al; zinc,
1920 per cent; pounds, zinc, 1852;
lead, 66 per cent; pounds, lead, 62,222
"Total-Tons, S64S; pounds zinc, s.
129,SOS; pounds lead, 62,222.
Costs, Etc.
Total recovery of zinc, 1888 per
cent
Recovery on basis of zinc accounted
for S5.51 per cent.
Total zinc in zinc concentrates
shipped, S,117,SO6 pounds.
Total lead in lead concentrates ship
ped, 62,222 pounds.
ounces of silver in lead concen-
trates, 900 ounces.
Average cost per ton Of shipping
product, f. o, b. Sunset, Idaho, $S.O6S.
"NOTE-The high operating costs
for the quarter are chiefly due to the
extensive development work done and
the alterations and repairs on the
mill. The development work cost $751;
S62O2, while the repairs and altera-
tons came to $3S,446.62.
Cost of Development, Etc.
TN the operating costs of $780,
1888 is included SCI, ,S62.O2, which
was expended on account of mine de-
Velopment, and which added to the
ore reserves in the property approx
mately 10000 tons of ore. Also in
Guided in this item Is $3S, 1862, the
cost of repairs and alterations on the
concentrating MILL With these
chanpnc in tba mill oop,platad II ic ex-
pected that the recovery Of mineral
values in the ore milled will average
better than 90 per cent. There is also
taken into this operating cost sum
OIL $4,000 a month, 100000 for the
quarter, which Is set aside to provide
Tor 1918 taxes. With these three items
deducted from the costs as shown
above, 1t leaves the actual production
costs $9O,65O.29.
The cost per ton of shipping pro-
ouct, $S.O6S, is the cost of producing
one ton of concentrates made from
the tailings. The total production for
the quarter was taken from the tall
'hgs dump, no ore coming from the
mine.
Cut Nipsic Vein.
During the quarter the crosscut
winch we have been driving from the
no level Of the Interstate. through
we Silver State property to open up
'ne known ore body in the Nipsic pro-
perty, encountered the Nipsic vein at
lpolnt 2S3 feet from the Nipsic side
'NAne' AT the point Of intersection this
VEN was from " to feet in width,
.nu an assay of the ore showed 25.S