The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-05-08
Permanence of Rich
Ore Body is
Proved
MUCHORE ON THE DUMP
Letter From Manager to the
Stockholders Gives Review
of Situation

"HE BIG Creek Mining company
is to have a mill. This inform
alton is contained in a letter to
the stockholders of the COM
pany which has just been mailed out
by G. Scott Anderson, of this city,
president and manager OF the COM
pany. The letter covers the opera
tions of the company since last De-
cember, which Is characterized as
zone of the most trying and exasper-
ating periods the mining industry of
this section has ever experienced"
designation which doubtless expresses
the opinion of all other operators of
the district But in spite of unusual
difficulties, the development of the
Big Creek mine has been continued
to a point at which the next step Is
the construction of a mill, and when
open for stockholders to receive
regular and substantial return on
their investment. incidentally 1t may
be stated that since the letter was is
sued to the stockholders the govern
ment has relinquished its control of
the price of silver and lifted the en-
barge on exporting the metal, an ac-
ton that Is expected to be followed by
a higher price for the metal, which
means more profits for Big Creek Mr..
Anderson has had the construction Of
mill under consideration for some
time, and although a mining engineer
of long experience, he evidently felt
that before making a final decision he
should have a report upon the propo-
siton from another engineer. The
property was therefore examined by
Frank j. Davey, of this city, who re-
commends the construction of mill
of so tons daily capacity, A copy of
Mr.. Davey's report accompanies the
letter to the stockholders, both Of
which follow:
Mr.. Anderson's Letter.
Operations at the mine since we
mailed our last report, December IA.
1918 have been continuous, barring
the time covered by the closedown on
account Of the fire which destroyed
our power plant.
"This has been one Of the most try
ing and exasperating periods the mi
ming industry Of this section has ever
experienced. The labor situation,
due to war conditions, has been very
acute. Not only has the cost of labor
uIx ioh hut ttc
cheney has made it impossible to OBJ
tam results. Along with this came
the complications of high prices for
material and supplies, running from
so to 100 per cent higher than normal.
and the price of lead slumping to such
an extent as to make it impracticable
for many of our producing properties
to operate, causing them to close
down and await more favorable condi-
tions.
"The financial statesment of our
treasurer, which is herewith inclosed,
should be gratifying to all parties in
terested in the Big Creek enterprise.
We have bravely faced the many
hardships imposed upon US by the
war and the demands that have been
incidental thereto. including the in
creased freight rate on our shipping
product, after it's costly extraction.
We have constructed buildings to
meet our requirements, installed such
machinery as was necessary to work
our product, met the losses conse-
quent from our fire and the period OF
our cldsedown, and have carried our
operations and development through
and over the investigating and exper-
imenting stage. 1t Is with much sat-
isfaction that l state at this time that
our exploration has developed condi-
tions which assures us of positive and
absolute success, and that by proper
equipment we can produce a surplus
Of $4,000 to $4,000 per month, and do
this continuously for an indefinite
period.
II have deemed it proper to have
an examination made of the workings
in our lower tunnel and the ore which
has been exposed in the slopes of our
ore body, by man who was thor
oughly capable and trustworthy, yet
one who was in no way interested in
the enterprise.
"Mr. Davey is mining engineer
and metallurgist by profession and
has had many years Of practical ex-
perience throughout the northwest