Show THE RED MONARCH COMPANY special correspondence wallace idalio idaho june 25 the red monarch mining company which owns eight patented claims in the coeur calenes dA lenes ad joining the interstate callahan the ray jefferson and the virginia is planning to begin active development and ralph smith of wallace president and general manager saturday purchased a fairbanks morse oil burning engine and two drill compressor which will be taken in as soon as the wagon road now being built up missoula gulch is completed we expect to have the road completed in three weeks said mr smith in speaking of the company and its prospects in spokane this week while the surface showings seem to indicate that our leads are extensions of the interstate cal lahan vein system our values are principally lead silver although there also is some zinc the claims were located sixteen years ago by samuel duling a pioneer of the coeur dalene who formerly was associated socia ted with james callahan now one of the owners of the interstate callahan the property has a foot tunnel and several open cuts on the north and south lead which cut the east and west leads at right angles we intend to start another tunnel at the water level in missoula gulch which will w ill give us approximately 1100 feet vertical depth on the vein |