The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1922-04-13
THE HOMESTAKE VEIN IS
EXTENTION OF HUNTER
A SSAYS AND ONDITION
STRONGLY INDICATE CON-
MERclAL ORE.

Although the development of the
Homestake property, lying east of the
Hunter and extending across Dead
man gulch above the National mill
which has been in progress since early
last fall. has received comparatively lit
tie attention from the public, it is new
ertheless an enterprise OF Importance.
The Hunter vein passes through the
/ HOmestake, the latter being separated
from the Hunter by one claim, the
Enterprise, owned by the Silver Reef
company and it is the Silver Reef
company that is developing the Home
stake in order TO obtain an outlet as
well as to explore its property at great
depth. The Silver Reef has another
vein parallel to the Homestake, upon
which it is understood a fine showing
of ore has been opened and which will
be tapped at depth by the extension of
the Homestake tunnel. This work is
being done without cost to the Home
stake company. Beginning with the
lowest Homestake tunnel, the ground
has been explored in a westerly di-
rection for more than 700 feet the
work having disclosed numerous
stringers of ore in a quartzite forma-
ton, and recent samples taken from
the face show galena disseminated
through the quartzite. A sample of
this taken from the face of the drift
this week assayed 81 ounces silver and
1912 per cent lead. The drift or cross
cut is now being run to the north to |
reach the Silver Reef vein, and it is |
expected that the Homestake company
will continue in a westerly direction to /
get under a tunnel on the Iron Cap |
claim in which there is a strong vein |
varying from two to five feet wide and |
carrying values in silver and lead. |
Control of the Homestake is owned by
the National and the discovery of a |
commercial ore body would have the |
of the National mill and |
other facilities of that company.
Engineers Report.
Last January f. G. Gnaedinger, a |
engineer who has made close |
study of the Homestake and related |
made a report on the prop |
erty, in which he submitted a map |
showing the great mineral zone
beginning with the Frisco and includ-
ing in its easterly course the Occur |
d'Alene syndicate, Star Morning, In
Hunter and then the |
After describing the
with much detail, Mr.. Gnaed
niger says:
1.-THE work now being done on the
Homestake ground is being done by
the Silver Reef Mining company which
owns the ground Immediately to the
west and north. This work is not only
being done free of cost to the Home
stake company, but is also prospecting
he ground and will continue to do so
'or some 500 feet or more before the
.unneI passes into the Silver Reef
ground. The agreement with that COM
)any arranges for the payment by {
hem of a royalty on any ore that com
)any may transport through the tun-
lei in addition to allowing the Home /
take company the use of the tunnel {
or their own mining operations at any {
ime. Transportation is available with ,
n quarter of a mile of the mouth Of q
he tunnel by the Northern Pacific !
ailway. Timber and water are abund-
mt on the ground. Cheap electric q
ower to any desired amount is on the r
round from the wires of the Wash f.
ngtOn Water Power company. The n
Iomestake company is fortunate in q
aving as a large stakeholder the Ma
ional Copper Mining company, whose
modern splendid mill would be imme-
lately available in the event of open .
ng a commercial body of ore. The
Iomestake group of claims lies in as
1eally a geographical position as could ,
e desired. The vein is unquestionably {
he eastern extension of the famous '
Iunter vein. The vein itself has all g
he requisites of an ore body" t