| Show mining in the northwest SPECIAL correspondence wallace ida mar 8 that it will be at least a year or more before mining conditions return to a prewar pre war level is the opinion of fred W bradley president of the bunker hill sullivan mining company of kellogg idaho and general manager of the treadwell mines in alaska if a property operated under the cond conditions I 1 that now prevail in the case of the bunker hill sullivan company were in control of a single individual it would be shut down immediately but conditions are different since we have a great many stockholders and an entire community that is dependent on the operation yi r the mine at kellogg we have a community that has stood by us and did not run off to the shipyards and it is no more than fair that we should stand by it now A trial run of ore from the lucky jim zinc mines will be made soon in a concentrator built at alamo B C by clarence cunningham the arrangement contemplates the dressing of ore for a month during which time the delivery of 2000 tons is anticipated milling will begin as soon as the plant has been given a preliminary adjustment on ore from a cunningham property healas heavy tonnage A production of tons of ore daily is reported from the hecla mine in the coeur calenes dA lenes this property ranks as one of the greatest dividend payers in the district at present men are employed and the parn arn ings are estimated at close to net which it Js is stated assures a continuation of the dividend rate of 15 cents quarterly which amounts to a month Ore operations rations have been curtailed to six days davs a week A cash surplus of 2000 is estimated as being in the treasury at no settlement of the excess profits tax has been made A carload of high grade silver ore is ready for shipment from the yankee boy mine on dig big creek near wallace idaho A lot of nineteen tons shipped last fall was sold for net and the ore about to be moved is believed to be of the same quality big consolidation the consolidation of twenty properties on beaver creek in the coeur dalene district comprising the sunshine sunset banner and dewey groups covering at least three strong veins and others of prospective through the consolidation value is reported the sunshine min mining ing company takes over the holdings of the sunset banner min ing company of six claims and the dewey which with the nine group of five claims sunshine holdings makes a compact group lying on both s sides ides of the creek A payment of on the reported has been purchase price of made at nelson B C on the mountain chief mine near renata B C the purchasers were represented by J W evans president of the new company and the vendors by 0 wheeler M mcdaniel F A estey and thomas williamson development of the mine has been proceeding since last fall under the agreement to purchase e purchase of copper king stockholders of the copper king mining smelting smelling Sm elting company have ratified the sale of the property to W H jackson of spokane and associates of tacoma at a price of the terms of the sale provide for the payment of the first year the second year and each succeeding year until the purchase price is paid the general office of the consolidated in callahan mining company may be moved from new york to wallace according to a well authenticated report here the change would eliminate considerable expense 4 the rambler caribou the rambler caribou mine operating near three forks B D C has a cash surplus of according to a report for the eight months ending december last which has just been made public in the figures is included in liberty bonds the report shows receipts of of which was carried forward from the previous year was from ore in transit at the end of the previous year 33 from the sale of lead from the sale of zinc and from interest on bonds the net disbursements aggregate as follows ore production development 1625 general mine expense 10 general expense including nearly on account of snow slides milling boarding house machinery and plant 71 a total of from which there is a deduction of 1762 for stores and 26 for special discounts leaving the report was accompanied by checks for a dividend at the rate of a cent a share smelting smelling Sm elting company drilling the consolidated mining smelting smelling Sm elting company owner of the trail smelter has started diamond drilling operations on the voight group of copper claims near princeton B C drilling is in progress at two points under the direction of R M macauley mining engineer the voight group is on copper mountain and is near the property of the canada copper corporation which was developed to a paying ba basis sis by oscar lachmund the ore of both properties is said to be similar in their low copper content and recoverable quantities of gold and silver the deer creek mining company operating a property on deer creek nine miles from forest idaho has completed the installation stal lation of a ton mill and will begin operations as soon as water is available for the generation of power the mill was installed at a cost of and takes the place of a plant destroyed by fire in august 1916 it is equipped for amalgamation concentration cent ration and flotation W J orr is president and manager |
