Show IDAHO wallace times the quartet of ore roasters asters ro ordered from the allis chalmers company for the new panhandle smelter ure are now on the ground and the new building will be ready for the installation within a very few days these ro asters will handle tons of ore per diem when operated to their full capacity the new buildings have concrete foundations barrels of cement having been utilized in this work elk city mining news L H of bradford pa president of a company of pennsylvania capitalists owning mining property in dixie district arrived a few days ago accompanied by S R gayton mr gayton will examine the different properties with a view to buying a block of stock for himself and others and if the stock is taken it is reported a 20 stamp mill is to be built on the penn dixie this fall wallace times for the first time during the present year the hecla mining company has declared a dividend of 2 cents a share or a total of on the capital stock in the past the dividend has been I 1 cent last year the 2 cent dividend was the usual order the dividend for august is no 62 and makes the total amount distributed tri buted among the stockholders this year and the grand total to date another gold strike is reported from the snowstorm mine in the elk city district owned by J A coverly of spokane and pittock brothers the strike was made in the main tunnel several hundred feet from the point where the last body of ore was encountered after drifting feet a crosscut was run and four feet of rich ore was cut through in which large beads of the yellow metal stand out the strike is the most important yet made in the district and has caused considerable excitement the owners of the property have now started a new tunnel from the water level which will tap the lead at a depth of feet seven hundred feet of a foot tunnel on the alhambra property near kellogg Kjel logg idaho have been driven the tunnel will tap the ledge at a depth of feet below the upper tipper workings the compressor has been moved from its former position down the hill to a point used in the work and rapid progress is being made in the upper workings feet of tunnel and shaft work has been done and some high grade galena ore has been uncovered the alhambra is one of the best known properties in the coeur calenes dA lenes the formation being identical with the neighboring mines the last chance and the bunker hill and a big mine is looked for when the new tun tunnel nelis is completed wallace press shipments are about to be commenced commence a from the panhandle mine one of the black cloud claims owned by the pittsburg mining company the first car will be shipped within the next thirty days to the smelter at salt lake and it is expected that shipments will be continued at regular intervals thereafter the ore runs all the way from 20 to 50 per cent lead it averages about 40 per cent lead and carries about 30 ounces of silver to the ton A shaft has been sunk on the property to the depth of 75 feet and ore was struck at six feet from this point to the bottom the shaft was in ore all the way over tons of ore were taken from the shaft the bottom of the shaft shows seven feet of ore of which two feet is of first rate shipping quality and the rest good concentrating ore silver city nugget A large air compressor has been ordered for the potosi which will be of sufficient power to run 12 or 14 drills and with the one now in use will enable the work in the mine to be pushed much more than at present silver city nugget only the stamps and concentrators at the banner mill have been running during the past week the pans and settlers being idle during the time required to raise the callow tanks in the meantime the miners have been driving uie the no 3 north drift farther ahead and vave found a body of ore of a good deal better grade than that previously put through the mill the battery assays essays showing a value of per ton the mill level tunnel is in now about 45 feet and is making as good g progress by hand drilling as could be wished for awaiting the arrival of the compressor and power d chills now on the road here from denver |