The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-05-27
MARSH ISSUES LETTER
ON APEX LITIGATION
STOCKHOLDERS INFORMED OF
ACTIONS AND EXPEcTA-
TloNS IN SUIT.
Report to Stockholders.


+ panied by the following circular let
7 ter from President Pohlman:
Since the last report to the stock
holders, December 5. 1919, the COM
pany has continued development on
the Russell vein.
EARLY in February the company
commenced sinking a two-compart-
ment Wine on the Russell vein from
a point about 300 feet in from the
portal of the tunnel This winze has
reached a depth of about 24O feet
following the vein all the way. It has
shown uniform width of six feet,
maintaining the same strike and dip
and shows the same general charac-
teristics as disclosed in the entire
length of the Russell tunnel. A larg-
er hoist is being installed to speed
the work, it being the object of the
management to continue the Wine
without interruption.
Purpose of Wine.
THE sinking of this Wine was I'M
dertaken primarily to open a COM
mercial body of ore known to exist in
this ground. at some depth below the
elevation of the present tunnel. and
| if necessary to continue it until a
physical connection is made between
our workings and the workings of the
Hecla company below Owing to the
extreme elevation of the present
workings where this vein is being
explored, and the heavy oxidation
present it is evident that most of the
values in the upper zone have been
leached out and redeposited at great
Ter depth Frequent samples taken !
have shown good values in silver both |
in the tunnel and winze but it is evil
dent that the secondary zone of en- |
richment has not been reached.
Near Top of Ore Body.
Late indications give definite
promise that the bottom of the winze
is close to the top of the ore body. AS
the vein is being followed on its
downward dip from within our COM
pany's own side lines our right to
commence mining this ore when
reached and to continue mining
downward on the same, regardless of
surface boundaries, is indisputable
For this purpose the company's ia
cilities are excellent, and little pre-
paration and additional expense will
be required to place the property on
a producing basic.
TT has been demonstrated to the
satisfaction of the management that
the vein disclosed in the Russell tun-
mel is the same as that from which
the Hecla company has extracted 5
large quantities of valuable ore, and
which is known as the east ore body.
Federal Survey.
las you are aware, our lessor. the
Federal Mining & Smelling company {
commenced an action in the United
States court against the Heca com
oany to quiet title to the Russell
vein, following which it secured per- n
mission to make a complete and thor Il
'ugh survey of the entire workings of L
he east ore body in dispute, which 1
consumed weeks of time This has s.
low been completed and tabulated G.
The information gained by means of a
his survey strongly corroborates the 1!
lain that the east ore body of the Il
iecla apexes in the Russell lode. Id
Petition to Make Raise.
In the meantime. the Marsh com m
any has not entered the suit but last j
lonth filed its petition of interven- We
on therein. The next hearing will M
e held in the United States district so
'urt at Occur d'Alene, Idaho. May T.:
|, at which time the Federal com tn
any will petition the court for per- tn
ission to raise on the vein from the ge
orkings in the Hecla to connect with an
e winze which is being sunk by our
mpany. 1t is estimated that it will Sc
quire from three to four months to
mplete this work. the purpose of
hich is to establish a physical con -
ction between the Hecla workings Nc
low and the new vein on the Rus
II claim, and thereby produce ac-
al physical evidence to sustain the III l,
Tim of our company and the Fed
al company in the trial of the main del
ton. scr
Think Petition Will Be Granted. ind
we reel satlsned that the petition sew
the Federal company to raise on spe
e vein will be granted. inasmuch as ioil
a previous hearing thereon at \
Use. Idaho, on April Z. Judge Die j /
ch of the federal court. in render w
, his decision. said: If all the par
S interested were parties to the A
t. I think I would be inclined to MAJ
mt the petition. If the ON on
rsh company were a party to the on
t. l think I should consider very pan
orably the petition. > wa
This decision precipitated our i'm cost
date Intervention in the action. sale
Production from the east ore body
5 suspended by the Hecla com 9e nj
" in December last, pending the
come of the present litigation IN
tigation has disclosed this to he
of the most valuable ore bodies in Ofic
Occur d'Alene district" pa
NJ
Smelter Officials Here. tbe