The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1923-02-01
FUNDS FOR DEVELOPING
MOUNTAINEERING COPPER.
RAISE ON ORE TO THE MONITOR
sHAFT-oPEN RICHMOND
FROM BIG TUNNEL.

An extensive development program
has been formulated by the Montana
Idaho Copper company and finan-
cial arrangements completed for car
rying 1t out according to announce
ment made this week by w J. Kirby,
of Spokane, secretary of the com
pany Having completed the gigantic
task of driving a tunnel almost two
miles to prove the ore body 100 feet
below the bottom of the old Monitor
to proceed with the next step toward
making a great producing mine. Aside
from the Importance of the enterprise
itself. the operations of the Montana
Idaho have proved of tremendous ben
eft to the copper belt as a whole and
as a result there are now evidences of
general resumption of activity in
that section. The Montana Idaho
tunnel provides an ideal outlet for the
Richmond which the company is now
preparing to utilize. In the course of
his statement Mr.. Kirby says:
FUNDS available.
1.-The sum of 100000 has been sub
scribed by large New York and Dull
nth interests for an increase in the
power plant and to advance the de-
velopment on the property of the
Montana Idaho Copper company
Groups headed by H. F. DeBower
in New York and Gus Carlson in Dull
nth concluded that conditions disclos-
ed in the mine warranted larger and
more comprehensive development.
They laid plans for the year and the
immediate future.
Development Plans.
1.-THE expenditure is prompted by the
completion of the tunnel. 9400 feet
from the portal to vein at 1900 feet
depth. and the revelation on the tun-
mel level of chacopyrite ore of the
same grade as was opened on the 700
foot level.
ut is proposed to add power as soon
as the weather conditions permit Our
engineer, c. II. Goodsell, is working on
the plans, of which there are two. One
10 " uNNtlOD tlC mann NAttfNf hNHA NAAN
mine, by which we would carry water
flume for 5000 feet and OBJ
tain a 40O-foot head. This would pro-
vide about 800 horsepower. The equip
ment would include a PeltOn wheel
and an electric generator, from which
power would be transmitted to the
plant at the portal of the
tunnel.
1.-THE other plan contemplates the
purchase of power from the Montana
Power company. It would he deliver
ed by the substation at Taft, Mont,
on a high tension of 100000 volts.
to 16,5OO and transmitted
over our line and transformed to 2200
on the motor. sufficient for the com
pressor plant and all of our machin
cry The better plant will be deter
mined by a survey in progress.
Raise to Monitor Shaft.
THE mine development contemplate
I'd in the plans includes a raise of
100 feet from the deep tunnel to the
Monitor workings. The raise will en-
provide ventilation and will give two
kits from the mine.
THE bylaws Of the company win
'e so amended at the annual meeting
o be held here on Saturday next as to ,
ermit an increase in the membership
+ the board of directors from five to
even The purpose of the increase is
D give other groups representation.
he retiring members of the board .
ill probably be reelected.
I'VE expect to furnish power to the
edmond Mining Milling & Reduc-
on company for driving a crosscut
] our deep level into their mine from !
If 1S00-foot level. Under a contract 4
ltered into last April we granted
em the right and agreed to supply I
EN- with sufficient power when it
as available. They have asked for \
e delivery of power as soon as pos I
bic"