The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1919-01-23
SOON START WORK
ON CH|CAGO-BOSTON
Preparing Quarters
and Surface Fa-
cilities
PERCIVAL HAS OPTION
Ore Exposed and Great Pos
sibilities of Property-.Cray
Copper Vein
PERCIVAL HAS OPTION

Preparations are being made for
the development Of the Chicago-Bos-
ton and it is probable that work will
begin in about two weeks, possibly
sooner. Accommodations are now be-
ing provided for employees and it Is
Understood that all surface equipment
will be installed as soon as 1t can be
delivered The control of the Chicago
Boston company Is held under option
by John A. Percival, of New York,
president of the Consolidated Inter-
state Callahan Mining company, but
so far as is known the company has
ra connection with the deai Tho
property Is situated on Lake gulch,
about two miles west Of Wallace. The
main ore shoot has been proved for
several hundred feet in the lower tun-
mel, and while under bond to the Days
a shaft was sunk from the surface to
a depth of 200 feet. At a depth of
1oC feet a drift was run which ex-
posed good body of lead-silver ore,
and at 200 feet another drift was run
with the same result. These two
showings were supposed to be con-
tinuation of the shoot exposed In the
tunnel, However, since the Days gave
up their option cross-cut north
from the tunnel, together with sur
face work, has disclosed what appear
10 be two more veins parallel to the
first, all dipping strongly to the south.
This situation indicates that the ora
encountered at 100 feet in the shaft
is in the second vein; that on the
200 is in the third, ard that the dip
Of the original ore shoot carried It
south of the 100 level. There are also
rumors that the last round of holes
iu the bottom of the shaft broke into
ore. Altogether the Chicago Boston
resents a most interesting PROPOSE
tion and its further development by
Mr. Percval will be watched with ex-
ceptional interest
Gray Copper Vein.
The discovery of the big lead de-
rosit on the Chicago Boston a few
years ago, it's subsequent exploration
and the fact that Mr.. Percival Is about
to undertake further development,
have all combined apparently to over
shadow the original vein which for
many years was the propertys only
claim for recognition. Some very
high grade gray copper ore has been
found on the Chicago Boston and a
considerable quantity was shipped
many years ago. Several tunnels
have tapped the ledge and disclosed
good ore but not in sufficient guam
tity to make it profitable to mine al
the then prevailing price of silver. In
the hope Of finding larger body Of
ore, a tunnel was run Just above the
creek level which had reached the
vein and which made a promising
showing Of ore. Plans for Its further
exploration were stopped when the big
lead vein was unexpectedly discovered
al d which gave promise Of quicker
returns. Now that the property has
PASSED into strong financial hands 1t
is probable that this gray copper vein
will receive attention along with plans
for the development Of the lead vein.
With silver at the fixed price OF
$lO1A per ounce and with a reason
able certainty that 1t will not be low
er at least for period Of years, an
incentive is presented to the new own
ers that can hardly be resisted, par
ticularly at this time when the lead
market is not in a satisfactory con-
dition.