The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-07-22
ORE ON PLACER CREEK
MAY Be CHICAGO-BOSTON
CONSOLIDATION OF TWO GROUPS
ARRANGED AND STRONGLY
FINANCED.

A strike ON what is commonly known
as the old Mccormick property. ON
Placer creek and about mile and a
half from Wallace. last fall attracted
considerable attention and gave sub
stantial encouragement to those who
have long pinned their faith to the
mineral merits of that section. The
strike consisted OF about seven inches
Iof good lead-silver ore and was made
| high up the mountain in an old cross
cut which had been run about 60 feet
and after it had been extended about
20 feet. Work was suspended for the
winter after running on the ore about
80 feet The property consists of five
claims and is owned by Otto Nicolai
and Andrew Christensen. who have
now resumed work, one man besides
themselves being employed. About
400 feet below the crosscut in which
the ore was found is another tunnel
driven many years ago by the for
mer owners which was driven about
400 feet on what was evidently be-
lieved to be the vein. The present
Wv AANA - AANNNNNAf arc VI TIC OIllAAoAA
that this tunnel was run too far to
the south and that by prosecuting to
the north about $50 feet the vein and
ore in the upper tunnel will be en-
countered.
, Cleaning Out Shaft
Before undertaking this crosscut /
the present owners are doing some
urorlr oboxro fo,. tbo ,,,rro.. Of ,,,,,ri,,er
the position of the vein With this /
in view a shaft that was sunk about .
16 feet on the vein many years ago
is being cleaned out. 1t is said by .
old timers that this shaft had ore /
running 40 per cent lead in the bottom. /
The work of cleaning it out is about .
half completed and shows that it fol- /
lows the footwall of strong vein
This shaft is about $50 feet above the /
tunnel in which the ore was struck I
last fall, and while it is being cleaned +
out drifting is being continued on
the ore. Work in these two places
viii give a very definite idea of the
position of the vein with reference to
the lower tunnel, and it is in this tun-
mel that work will be concentrated
when the work above is completed
The outlook for developing a body of
commercial ore by prosecuting from
the lower tunnel is regarded very fla
vorable
Consolidate With Silver Range.
The so-called Mccormick property
is situated on the east side of Placer
creek at the forks. Adjoining the
group on the west and extending to .
the holdings of the Chicago Boston is .
the property of the Silver Range Min .
ing company, consisting of thirteen
claims This ground was located sew
eral years ago by E w. Burt. of Port
land, a landscape artist while spend
ing his summer vacation i'm this dis
trict. being convinced after careful
that he had the extern
sion of the Chicago Boston vein. He
organized the Silver Range company
and has since done considerable de-
work on the property He
was here when the strike was made
on the Mccormick property, and before
leaving entered into an agreement
Nlll MtSSlS- -Nltbldl anu = IIlSleISti
for a combination of the two groups,
Mr.. Burt agreeing to provide funds
Tor extensive development A recent
etter from him indicates that he has
been successful in raising the money
md he is expected here soon to ar
'ange for all necessary equipment
when the development will be pushed !
is rapidly as possible. The ramark-
lble showing Of ore disclosed on the
chicago Boston since it was taken ;
,ver by the Interstate Callahan com c
possibilities of finding equally rich
deposits in the extension of that vein a
through the Placer creek section.