The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1923-09-27
TO MAKE ANOTHER NINE
ON NINE MILE NEAR CITY
PAT MeGoVERN GETS FINANCIAL
SUPPORT FROM WALLACE
BUSINESS MEN.

The Northwest Mining a Milling
company, of which Patrick McGovern
is manager and chief stakeholder, will
soon take up the development of its
property on Nine Mile. hardly half
mile from the Northern Pacific depot.
Mr.. McGovern has been working on
plans for financing the company for
several months, and a few weeks ago
decided to present a proposition to
Wallace business men as means of
getting the enterprise started The
property is just outside the city limits,
and the possibility of developing
mine near by made a strong appeal
for support. Mr. McGovern started
out to sell 10000 shares at cents per
share, with the specific understanding
that no commission would be paid and
that subscribers to the stock would
not be asked to pay for it until the
entire block had been subscribed.
plan the McPhillips strike. about two
miles further up the canyon. created
a real excitement in Wallace, and
everybody who had SO to spare and
many who didn't was buying Stratton
options Besides it brought Nine Mile
to the center of he mining stage as
a most inviting field for the renewal
mining exploration In this situation,
Mr. McGovern who is well known to
the people of Wallace and is a prac-
teal miner of wide experience, had
no difficulty in securing subscriptions
and this week stated that the entire
block of 10000 shares had been sub
scribed. and he is now proceeding with
plans to resume development
Ore on the Dump.
The Northwest Mining & Milling
company was formerly known as the
Shoshone Mining & Milling company.
1t owns a group of claims lying across
Nine Mile and as stated hardly half
mile from the Northern Pacific de
pot. Much development was done on
the property many years ago under
Mr. McGovern's direction, and recent
Investigations prove that the results
accomplished were far better than he
knew at the time work was suspended
The property is opened by a shaft a
short distance above the wagon road.
sunk to a depth of $50 feet on the
vein. and from the bottom of the shaft
a drift was run 300 feet easterly pas
sing under the creek and penetrating
the quartzite formation on the east
side of the canyon A little ore was
found and the showing was very en-
couraging. but he found il impossible
to finance the enterprise further and
work was suspended. Had he known /
what he knows now Mr.. McGovern |
could probably have overcome the fl
nanciaIf difficulties and continued the |
development The information he now /
has was obtained a few months ago. !
While looking over the old dump he !
was attracted by a piece of galenf |
and quartzite of unusual size and fur
Their investigation disclosed a consider
able quantity of similar ore. which had
apparently been carefully covered /
with waste. Upon exhibiting a sample
Of the ore in Wallace and relating the
under which it was
found. lie was told by an old timer that
he remembered when the ore was
that he was told by the con-
tractors who struck it that they were
It. and that after cOmplet
ing their contract they intended to
apply for Il lease of the property. This
story confirmed by the presence of
ore on the dump. convinced Mr.. Nc
Govern that the extension Of the drift
would soon result in disclosing a body
Of commercial ore. and that is what he
now proposes to do.