The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1922-12-21
OREANO PROSECUTING
SEEK THE SHERMAN VEIN
CIRCULAR LETTER TELLS OF
DIFFICULTIES WHICH
CAUSED DELAY.

Possibility of an important strike
on the Oreano upon the completion of
the crosscut now being driven has
awakened much interest in that pro-
perty situated high on the divide be-
tween Burke and the east fork Of
Nine Mile. The Oreano lies south of
and joining the Sherman, having a
common side line with the Union and
Sherman claims and also with the
Crown Point claim, one of the Tam
arack group. Several years ago the
Sherman company extended a cross
cut from the Oreano workings and
cut the Sherman vein, which proved
to carry an important ore shoot and
which was followed by deeper devel-
opment of the Sherman through the
Hidden Treasure tunnel near Burke
The theory of the Oreano manage
ment. which seems to be well founded.
is that the Sherman vein, in it's west
erly course. passes into the Oreano
ground, and it is to prove this theory
that the crosscut is now being run 300
feet under contract. The progress of
this work. as well as the difficulties
which have been encountered, are dis
cussed for the information of the
stockholders in the following letter
issued this week by John Dolan, sec
rotary of the Oreano company:
Unexpected Delays.
The work Of driving the crosscut is
now moving along satisfactorily. after
a series of vexatious delays foremost
of which has been caused by engine
trouble While progress has been ma
terially retarded by such it is hoped
and expected that future conditions
may enable acoeleration by having
two shifts put on the work.
Our objective point is defnite-SOO
feet, approximately, from initial point
This will be through hard rock. No
encouraging feature is to be expected
before or near its completion.
zone acquainted with the mining
knows, and recent events
show, the futility of offering any pre-
diction as to the time this may take I
Too many equations are to be taken /
into the reckoning. With ordinary
luck this work would now have been
At least more than One-half done, /
whereas not more than rs feet has +
been driven Good effort has been
made Such will continue. with reas- I
onable assurance of very much better I
-esiiits.
Value Of Patience and Perseverance.
Mention is made of existing condi- /
ions by reason of our realization that
he people who put their money into /
he enterprise are entitled to full .
upon all matters of inn /
)ortance affecting its welfare If. and /
when development warrants you will [
De advised of conditions, be it favor /
lble or otherwise. You viii get a run /
or your money and an account of the /
1T is thought that this assessment, /
notice of w ich follows, will furnish /
sufficient funds for the completion of /
he crosscut and with the progress /
WHICH we may wen nope TO ne maze, ]
his work should be well nigh compile
ion at or near the time same is due /
or full collection. But, remember, /
his is not a prediction. Unforeseen /
obstacles may intervene which might (
lelay the consummation a month OF
wen longer, but in the event that we
ire fortunate in not having such OBJ
itacIes, the money will of need be on
iand and this assessment is the
means Of providing therefor.
Patience and perseverance are
,rime requisites in any business, min
ng in particular, and while our ag-
ravating experience has occasioned |.
ome delay, it has not been such as
hould reasonable cause any dulling
# the fine edge of faith entertained
or very much better progress in the
uture and very satisfactory ultimate
esult"