The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-05-08
AMAzON.D|X|E COMPANY
TO USE ELECTRIC POWER
LITTER TO STOCKHOLDERS RE-.
PORTS WORK AND coNDI.
TloN OF PROPERTY.

Inc lfregularlty or the water sup
ply for power and its failure during
the dry season have resulted in the
determination Of the management OF
the Amazon-Dixie Mining company
to install electric power. Plans for
this change are now being worked out
and the substitution of electric power
the summer. Water power will OF
course continue to he used when avail
able as matter of economy, but the
company will be in position to avoid
further delays on account of lack of
power A brief review of the opera =
tions of the company during the past
year, with an outline of plans for the
future, are contained in a circular let
ter issued last week by Wesley Ever
EFT, president and manager, and Her.
man j., Rossi. secretary treasurer
which follows:
To the Stockholders.
Since our report Of May Is, 1918
operations on the property have beer
continuous, the work done and show
ing made being as follows:
"The double accompaniment shaft has
been extended from the 900 to 110(
level At the 100 station was cuI
and skip pockets constructed. A cross,
cut 1886 feet was run to the south weir
and drift 60 feet long was made or
the vein there. A crosscut 303 feet to-
wards the north vein was run, the face
Of the crosscut being approximately
100 feet from the vein.
I'VE are now cutting a large sum-
at the 100 level to hold water and fol
the station pump. AS soon as this Is
completed drifting on the south vein
will be resumed and the full length OF
the ore shoot will be prospected. The
crosscut to the north vein will also be
extended to the ore.
Fine Concentrating Ore.
'"The drift on the south vein has ex-
posed nice body of ore, the extent
of which will be demonstrated by the
additional work above outlined. A
picked sample of the ore from this
vein shows the following excellent re-
suits: Gold, .O6 ounces; silver, 11.55
ounces, lead, 34.4 per cent; copper, 5.4
per cent.
Chemist F. J. Davey in reporting
his assays as above, volunteered the
ic nf
finest concentrating ores I have ever
seen. Two tons would yield a ton of
lead concentrates assaying 62 per
cent lead and % ounces silver and 2-3
ton of copper concentrates assaying
Is per cent copper and $3.50 gold
eve have on hand 100000 feet of
sawed timber, lumber and tagging and
100 900 feet of saw logs cut ready for
the mill. enabling us to confine our
selves to development work under
ground. Treasury shares 232,S1O. OF
which 1888 reverted to the treasury
from assessment No. 1.
Install Electric Power.
lowing to the unequal distribution
of water for power purposes, your di-
rectors find themselves confronted
with the installation Of electric power,
on which plans are now being worked
out.
"The showing thus far made, while
exceedingly attractive and full OF
promise for the future, still requires
considerable further development, but
the outlook can be confidently looked
upon with much satisfaction by the
stockholders, and if the showing con.
tinues, as we have reason to believe II
will, plans for the construction OF
mill may soon need to be made.
"Much as your board Of directors
dislike to have to call upon the stock
holders for further help, no other op-
ton is before them, hence an assess
ment of two cents per share has beer
found necessary to be levied this day
the notice of same being attached
hereto"