The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1923-03-22
SAWTOOTH DREDGING GO.
TO WORK STANLEY BASIN
REPRESENTATIVE VISIT HERE
AND TELL ABOUT BIG GOLD
ENTERPRISE.

n. L. Davis, of Twin Falls, vic,
president of the SawtoOth Dredginl
company spent several days in tn,
city last week He was accompanied
10y Charles LeMarinel. who was a res
ident of this city many years and who
still counts himself an Idaho man al
though making his home at this time
in Spokane. Mr.. Davis left last Sat
urday but Mr. LeMarinel will remain
i'm the district for some time in the
interest of the dredging company in
which considerable number of
Occur dAleners have become inter-
ested AS described by Mr. Davis and
Mr.. LeMarinel, their company has one
of the most pretentious dredging pro-
positions in the state and is rapidly
approaching the productive stage. The
Sawtooth Dredging company owns
1900 acres in Stanley basin, Custer
county which has been thoroughly
prospected by no less than 300 test
pits and drill holes. all of which have
shown good pay and which have DEM
Onstrated that $50 acres is dredgable
ground The average depth to bed
rock is is feet. and with the exception
of about is inches of over burden. the
entire deposit appears to have gold
distributed through il and is especial
~ rich on bedrock The ground is
generally free from large boulders and
the bedrock is soft, and all conditions
favorable for successful dredging OPP
erations. Ample water is provided by
Stanley creek and other small creeks
tributary to the basin
High Values in Black Sand.
According to exhaustive tests and
conservative estimates, the ground
will return Sc cents per yard in free
or bright gold. which is exceedingly
high compared with many other sue
cessful dredging enterprises. But this
free gold is only part of the riches
of Stanley basin, according to the re-
suits Of Investigations by Mr. Davis
The company has a dredge on the
ground now ready for operation. that
has a capacity of $500 tons per day
and which is adapted TO the recovery
OF the free gold. But there is a large
amount of black sand with which is
associated much rusty gold, and this
can not be recovered by amalgama-
ton. The company is therefore pre-
pairing to add equipment to the dredge
which will save this valuable product.
and this viii he completed in time to
operate the dredge this season. The
extent of the black sand is indicated
by The fact, as stated by Mr. Davis,
that every so yards of gravel produces
a ton of black sand Numerous as
says of the black sand have been made
at laboratories throughout the coun-
try, the lowest returned being obtain
ed by James A. Pack, of Boise. which
was S2O0.O7 i'm gold and silver The
highest was obtained by r. II. Officer |
& CO. of salt Lake City this show
ing S255S5S in gold silver and platin- |
um. Mr. Davis stated that So pounds |
of the sand was sold to the United /
States smelling company, at Murray, |
Utah. for $4$.G7. being ON Il basis of /
nearly so cents per pound. or S15SS.17 /
per ton.
An Idaho Company
Mr.. Davis says that when he under
took the task Of financing the Saw
tooth Dredging company. he made up
his mind that this should be one mi
ming enterprise in which the people of
Idaho should have the profits rather
than have them diverted to eastern
stockholders, and he states that over
70 per cent of the stock is held by h
Idaho people Stanley basin has been
worked in a crude and limited way by h
placer miners since 1862 and it is es-
timated that i'm this method $500. 600
in gold has been recovered The prob {
ability of rich returns through dredg- q
ing operations has been referred to by ,
Robert n. Bell, for many years state i
mine Inspector in his annual reports. a
and in a letter written last February ii
Mr.. Bell says: d
These properties have been tested v
many times and in various ways. by q
drilling, tcst-pitting panning and b
and it is my opinion that the t
Sawtooth Dredging company, with its n
small issue of stock. Il
which 7 am informed will not exceed n
100000 shares all told. and with reas- a
)nably good management, will produce a
highly satisfactory returns to those n
Interested in the company" ~
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