The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1921-03-31
Inc shippIna Record.

lows.
Fine Shipping Record
-Four more cars have been shipped
and if the average net smelter re-
turns of S237307 per car holds up, the
total net smelter returns for ore ship
ped to date viii bring $S5.596.O5. The
general average for the mines Of the
entire district that have paid total
.of S97,633,21S in dividends is 80 ozs.
of silver ton and IS per cent lead The
Western Union ore averages 1853 ozs.
lot silver per ton and 525S per cent
lead We can well be proud Of our
ore.
THE property is being worked un-
der lease expiring August is. this
year. We receive a royalty of 25 per
cent Of all net smelter returns with
out any expense to MS. The company
win probably work the mine itself af-
ter that time
1.-THE high grade ore has been run
ming from inches to feet in width
and has been opened mp for about
225 feet in length More mp raises
are being made to the east of where
they are stopping ore. SO far each up
raise has developed little more ore
than the preceding one. There is
more ore in sight today than there
has been at any previous time While
we may have days when the ore does
not show as good as it does today
we are just as apt to have days when
it will be much better 1t is the opin-
ion of those in closest touch with the
conditions at the mine that the ore
will continue to improve and ship
ments be increased steadily as the de-
velopment work progresses.
Fine Ore in No. 8.
ut was necessary to clean out and
retimber No tunnel so as to extend
it along the vein over where they are
getting ore in No. tunnel, where the
two tunnels will be connected by an
lpraise for ventilation and mining
Five practical miners leas-
I'd that level until August 49, giving
rs a royalty of 25 per cent To our
great surprise they have opened up
splendid ore body and are shipping
The old upraise from No .
to No. tunnel is being cleaned out .
md retimbered.
Probably more important than the
bove facts is that a contract to
.rosscut to the north a distance Of ap-
,roximately $50 feet for the purpose
If cutting parallel vein, has been
et For a number of years it has
Deen suggested by several persons
no had examined the property that
We hsould crosscut to the north. The
cad we are prosecuting for shows
10 in the upper tunnels and was re-
emily brought to my attention by
nen whose judgment is considered ex- 1
eptionally good on these matters
TpOn careful examination of the lead
$ it is exposed in the upper tunnels,
hose examining it pronounced it /
nuch stronger in every way than the
cad where we are now getting the
re. This crosscut is being watched
" All of us who have seen it with
much anxiety as while the lead we
ow have is good it is probable the
ne to the north is better and will
rove to be the main lead.
A Warning.
my attention has recently been
allied to a number of false statements
cling circulated among the stockhold-
rs in an effort to get them to sell
heir tsock These statements have ,
cen given out by persons whose sole
urpose is to make a profit or com
Mission on handling your stock. Such
ersons never showed any interest in 8
our welfare until we began shipping
teadiIy. Their letters or converse
ions usual ywind up by saying IF