Show recent developments in idaho SPECIAL correspondence wallace idaho nov 22 for a reported price of control of the hercules mine near burke the premier silver producer of the west has passed to the day interests of the coeur calenes dA lenes through the purchase by mrs eleanor day boyce of portland oregon of the sixteenth interest in the property formerly held by the estate of the late damian cardoner of barcelona spain with the exception of august paulsen of spokane mrs boyce becomes the largest individual owner in the hercules mines her interest now being seven thirty seconds while the paulsen interest is a fraction over one quarter the aggregate interests of the days in the hercules now amount to thirty three sixty fourths or slightly more than a halt half interest the day interests are divided into three th thirty airty se seconds con ds each for harry L jerome J and eugene R day while blanche day ellis a sister holds one sixty fourth interest the consideration named in n the deed which bears date of october is 1 but it is believed that the price actually paid is the interest conveyed by deed is that left in the estate of car cardoner doner and was appraised in probate court at OCO this interest was distributed to mathilde cardoner widow and the deed is made by her to mrs boyce richmond buys into st lawrence the richmond mining milling reduction company which owns and operates the richmond group of copper gold properties near adair has purchased a half interest in the st lawrence group adjoining according to martin doldson Wo ldson president of the scandinavian american b bank ank of spokane who also is president of the richmond company the st lawrence holdings were owned by the finch campbell estates of spokane and dan and angus sutherland of f wallace idaho and the richmond company has taken over the finch campbell interests production at the richmond is to be increased immediately to a car of ore daily acco according arding to president doldson Wo ldson A contract for transi transporting orting the output to the railway at saltese maltese Sal tese montana has been let to S K fitzhugh w who ho reached the camp sunday with eight four horse teams about 1000 tons of shipping ore has been broken down in the ready for extraction and this will be removed at once A tunnel has been driven through st lawrence ground jointly by the richmond and st lawrence companies into the richmond lines and a contract giving the richmond interests perpetual right to the use of this working has been filed at superior montana new ore at empire copper ore in a body of undetermined width has been entered at a depth of feet in the property of the empire copper company on the little north fork coeur dalene region according to an official report the full face of the drift seven feet wide is of milling grade the shoot has been followed thirty eight feet samples from eighty two mine cars showed a value of 21 per cent copper an advance of feet in the drift will attain a depth of 1000 feet where further improvement improvement in conditions is expected in the meantime the three lower levels will be connected with a view of facilitating operations the property is equipped with a concentrator cen of tons capacity it may be expanded readily to tons toils by the addition of heavier rolls and other equipment W F allen formerly of the mace mine of the federal company is in charge of operations rex increases holdings the rex consolidated mining company has purchased six claims adjoining the rex group in in the nine mile district of the coeur calenes dA lenes paying cash canh and shares of rex consolidated stock for the holdings according to official announcement the new property is said to be remarkably mar kably promising considering the limited amount of development and plans are being prepared for entering the ground at depth from the old rex workings the capitalization of the rex company has been increased from shares at 1 each to shares of equal value and of the added stock shares have been apportioned to rex stockholders at 30 cents the share on a bas basis is of one share ot of new issue for every seven shares previously liel held the late date of subscription expired november etli and secretary FH parks parka states that but a small block of the new stock was left for the syndicate that under wrote the entire issue the shares left after the purchase of the adjoining property and the apportionment of stockholders was transferred to the treasury the sorting plant and tramway at the rex mine were placed in commission recently and the mill also has been given a trial run preparatory to beginning permanent operations about tons daily will be treated at first but as soon as the new equipment is in thorough adjustment the capacity will be increased to tons north star triumph the north star triumph group near hailey acquired several months ago by the federal mining smelting smelling Sm elting company will begin production soon according to reports from the federal management the new mill enill now nearing completion will handle tons of ore daily and the output will be tr transported run sported by wagons to tho the shipping point until a branch of the oregon short line railway is extended to the property the group da developed by three tunnels is credited with production in excess of the result of operations under the ownership of the philadelphia smelting smelling Sm elting company the old lower tunnel feet below the outcrop is 1500 feet long and exposes a body of complex lead silver zinc ore several hundred feet in length and from ten to fifteen feet wide say sRobert N bell state mine inspector of idaho in a recent report on the property A large part of the production was from below this level from which a was sunk feet on the shoot and drifts run every feet this old work has been full of water for over twenty years it was reported to have produced considerable high grade sil ver bearing galena ore and there were left extensive resources of high grade zinc ore which was undesirable and unmarketable at the time and avoided as far as possible by the old operators despite the fact that it was free and cleaner zinc ore than in the drainage level above these lower levels have now been drained by a new lower adit tunnel connected with the bottom drift with the gratifying result that the traditional zinc ore resources of the mine are more extensive than could have been hoped forland for and verify the most optimistic claims of the old timers who had simply gop hered this lower development for the pockets and narrow veins of galena ore in the richmond there is more than worth of ore blocked out ready for extraction in the two upper levels of the richmond mine near adair according to henry M bancas ter mining engineer who has resigned as superintendent of the property to accept the management of the st lawrence group adjoining the richmond values are higher than indicated by an ail early sampling in which WAY the lower figures were used said mr lancaster this is shown by returns on shipments one carload having been settled for on a basis of 1512 per cent copper yielding 1300 after deducting treatment and transportation charges and another on a basis of 1612 per cent or 1700 not net the returns include payment for the gold which runs 4 to 5 to the ton seventeen carloads of ore shipped between september and october brought net these shipments were made from the upper levels and have hardly made a hole in the body the block probably contains tons of ore of a 10 per cen cent copper content while there may be as much more in value between the upper and lower levels there is probably net above the upper level the lower tunnel level which opens on the idalio idaho side of the property has been run rull to a point under the shaft where a depth of feet is attained and lacks ac only a short distance of connection the property is in good shape for the production 0 of f ore |