The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1922-11-23
COPPER KING PREPARES
FOR IMPORTANT WORK
LETTER TO STOCKHOLDERS DE-
scRIBEs THE PROPERTY
AND PLANS.

The Copper King Mining & Smelt-
ing company is preparing to take up
development operations after a sus-
pension of about a year and half.
This information is contained in a let
ter addressed to stockholders by II. w.
ingalls,, secretary treasurer of the
company. An assessment of one cent
has been levied and the funds receiv-
ed from this source Mr. ingalls, says
will be used for making necessary re-
pairs underground and to mine build
ings and TO do certain diamond drill
ing in connection with a raise to be
made above the fault. the same fault
found in the National and Snowstorm
and in both Of which commercial was
found by raising above IT, Mr. In
gals letter follows in part:
Conditions Described.
Work was suspended at the Copper
King mine June A. 1921, since which
time no new work has been done ex-
cept diamond drilling some retimber-
keep the mine open.
Our last development work was in
driving a raise on the ore body open
ed in the west end The vein and
ore on the tunnel level was badly dis
turbed by a heavy fault, and the idea
of the raise was to get above the fault
disturbance. This work was success
ful in proving as we went up steady
Improvement in the vein filling, and
the quality of the lead silver ore in
the vein. The most important condi- |
ton proven by this work is that the |
vein leaves the fault. and at the top |
of the raise we had clean cut assure !
20 feet wide the filling of which is all |
quartz heavily mineralized with high |
grade lead-siIver ore.
Ore Above Fault
Similar conditions have been en-
countered in many other mines in this |
district, where the ore showings were /
not so prominent as IN the Copper |
King, and we feel that where we have |
such a remarkably large showing of
ore as has been developed by our low
er tunnel level that we should con
tinue the work on the ore body away
from the faulted area. as other mines
have done with successful results
This ore showing, as we have develop
ed it. is about $50 feet long and runs I,
from 4 feet wide in the east end to 65
feet wide in the west end All of this
)re and vein system shows disturb
ince caused by the movement locally
Known as the Sonora Gulch fault on
he west end of Copper King ground
md the Snowstorm fault on the east
nd. Conditions similar to ours oc- ,
'urred in both the Snowstorm and ,
National mines along the same fault g,
o the east of MS. In both these mines =
was necessary to raise some 300 feet T.
bove the fault before commercial ore y
a large quantities was encountered.
IN the Copper King we have the
lost extensive ore development that q
as so far been found near the fault II
and we believe our pres
Mt plan of development will show
nat we have the most extensive body
commercial ore above the fault O
In Proved Mineral Belt.
Also we do not want to overlook
lie fact that the Copper King is a big p,
roup of claims located in one of the
'eatest ad-sliver producing belts in -
lie entire world with all the recogniz- "
rock formations and vein assuring y
'culiar to the great producing mines
this belt, The Copper King is in
e same mineral zone as the Hecla. -
ger Poorman. Hercules. Standard
Id Mammoth mines and is only 5000 ..'
ct east of the famous Russell claim
which the Hecla company has de- o.
loped enormous ore reserves 90
THE general prosperity of the min ny
g markets and the present high va
ices for metals indicate a great mar -N'
t for Occur d'Alene mining stocks 10y
the near future. and we see no rea- ~
n why Copper King should not take ,''
place among the active issues. If
editions warrant, your directors w
y make the necessary ar.aa=emeats 90
list the stock on the New York lis
rb market some time during the y
ming year and thus provide a wider ','s
rket" W.