The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1921-08-18
BULLION HAS A BIG
BODYOF COPPER ORE
Production Waits
a Better Market
for Metal
COST OF DEVELOPMENT
Management Is Considering
Construction of Mill Facts
Regarding Property

- INSIDE shareholders in min
ing companies engaged in
development operations, most
of them residing far away
from the headquarters of the COM
pany and having an imperfect idea
regarding the labor and cost involved
in making a mine; who hear of those
rare and often legendary cases in
which bonanza ore bodies are found
at the grass roots, and who have Wis
ions of similar good fortune coming
to them as soon as they become hold
ers of stock, failing to realize their
dreams of sudden wealth. often write
to the local press and other agencies
asking confidential information re-
garding the company and wanting to
know what has become of all the
money realized from the sale of treas
ury stock and assessments,
and what there is to show
for the expenditure. If there are any
stockholders of this type in the Bull
lion Mining company, the Miner can
assure them that they need have no
anxiety regarding what has become
of the money that has been paid into
the treasury of the company and the
results accomplished, and further
that they appear to be in line to real
ize their long cherished expectations,
though on this point everything de-
Ponds upon how long it will be until
the demand for copper RECEIVERS to an
extent that will justify a resumption
OF copper production. ID. c. JaclSling,
the copper magnate of Utah Copper
fame, says it is now reduced to a
matter of months; other large opera
tors are less optimistic but in any
event when the demand is restored
the Bullion Mining company has the
ore and the management is now Civ
ing attention to placing the mine on
a productive basis as soon as condi-
tions justify it.
Large Ore Body Proved.
A visitor to the Bullion, if he has
any practical knowledge of the cost
of mining operations and particular
ly at a property situated remote from
transportation facilities. will not be
wondering what has become of the
money. He will rather be astonished
that so much has been accomplished
with the money expended. The main
tunnel of the Bullion is a crosscut
running straight north through solid
quartzite 230O feet. This tunnel is
6Xo feet in the clear being designed
to meet all requirements when the
property becomes productive. The last
175 feet is through a huge diabase
dixie, the same that was found in the
upper tunnel, and beyond which the
vein was expected Not finding it, the
course was turned to the northwest,
following a fault assure which it was
thought probable would lead to the
vein. Failing in this after running
about 300 feet, the course was again
changed to the southeast and contin-
Jed about an equal distance when the
vein was cut, and which proved to be
lbout 80 feet wide. containing a large
AMOUNT of magnetic iron, which under
favorable marketing conditions might
prove of commercial value. The vein
proper, the pay shoot carrying the
copper values, was about feet wide
md in every respect the same as
ound in the upper tunnel being chal-
opyrite in a siderite and quartzite
,angue. From here the vein has been
by drift about 500 feet, the
-ein having an easterly and westerly
curse the ore continuous and show
ng improvement as the drift pro-
ressed easterly. corresponding to the
conditions found in the upper tunnel.
Cut by Series of Faults.
A feature of extending this drift
vas a series or system of faults that
ut the vein at irregular intervals and
which proved puzzling until their ac-
ion upon the vein was understood.
he line of these faults was some
ines vertical and sometimes dipped
o the east or west, but in every case
he tendency was to throw the vein
rom its course to the south. The
brow was not far, but it caused con-
iderable difficulty in locating the
Elm after passing through the fault
ntil the movement was understood.
he same faults were found in the
unnel above, but their effect upon
he vein was less pronounced. With
he fault problem solved, the vein
,as followed without difficulty The
lst 400 feet the vein averages 7 or 8