The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1923-08-09
COEUR D'ALENE PEOPLE
SIT TIGHT ON PLATINUM
INTIMATE BUNKER HILL REcOV-
ERlNG PLATINUM BLACK"
WHATEVER THAT is.

Platinum and the possibility of its
profitable production in the vicinity of
Occur d'Alene continues to be the sub
ject of much discussion in the lake
city. Last Monday at the meeting of
the chamber of commerce. according
10 the report of the proceedings as
published in the Occur d'Alene Press,
j. V. Hawkins called attention TO
recent editorial in a Spokane paper in
which the public was warned against
investing in platinum promotions
without the most careful investiga-
ton before parting with their money.
Mr.. Hawkins said he thought II
would be we'll to inquire of the editor
whether or not he knew that the smell
ter in Kellogg is enlarging its facili
ties to save the platinum black and
whether or not platinum black is not
being sold to Goldsmith Bros, in San
Francisco by this smelter Mr. Haw-
kins said that person could not be
too careful in investing in any specu-
lation, but that he felt it was the duty
of this chamber to help develop the
resources of the adjacent country and
that the chamber would do well to in
vestigate and find if the smelter at
and market it.
president Palmerton stated that
he wished it distinctly known that the
investigation made of the mines of
this vicinity by Dean Thomson and
others was not instigated by the
chamber of commerce. That a com
mittee was merely named to introduce
the investigators to the property own
ers.
"Mr Hawkins inquired if it would
not be wise to ask Dean Thomson if
he did not know it u be fact that
the smelters are recovering platinum.
"Dr. Loveless stated that Mr.. Doz
Ter of Grants Pass, Mr.. Maxcy of the
Caribou and Mr.. Titus of the Home
builder were all recovering platinum,
but they were not the first to find
platinum in this vicinity, that Baker
& Co., of Newark, n. j, probably the
largest platinum buyers in this coun-
try over two years ago pointed out to
Mr.. Green that ore from this vicinity
contained platinum.
No Stock for Sale.
On July 25, two days after DR.. f. A.
Thomson had made public the report
of the Investigators, the Press had the
following editorial:
1.-THE report of Dean Thomson and
other authorities on platinum, to the
effect that this precious metal does
not exist in the mines near Occur
d'Alene, has stimulated instead of
the interest in the prop
critics, as there have been several in
quiries for stock since the report was
given publicity.
"None of the three properties with
proven ore have any stock on the
market and few if any, of its stock
holders are DESTROYS of disposing of
their stock.
"The Mutual operators announce
that they will have the finished pro
duct at their refinery by the latter
part of the week.
1.-THE Homebuilder has been extract
ing small quantities of platinum with
their experimental model, and have
their large mill now under the course
Of construction.
1.-THE Caribou property has it's re-
duction machinery in place and will
soon be in operation. over 300 assays
have been taken from this property
and a large quantity of valuable ore is
blocked out"
The Proof of the Pudding.
Finally on August ? the Press car
ried this news story:
81. S. Green, manager of the Mu-
tual Mining company today is show
ing platinum taken from the first run
Of ore through the new refinery at the
1.-THE metallic platinum was all dis
played by Mr.. Green as the platinum
black, Mr. Green states. was in large
quantities. and will be fused by cleo
tricity. The gold and silver run were
exceptionally high.
Another batch of ore is being start
ed through the refinery today The
first run was not of picked ore, ac-
cording to Mr.. Green, but was mere
ly run for the purpose of testing the
mills and the refining system. and
was beyond our expectations, as we
would have been satisfied with
mere showing of the precious metals
stated Mr.. Green"