Show IDAHO at the midnight property in the coeur calenes dA lenes the raise has gone up feet and from that point a drift has been started to block out ore arrangements are reported complete for continuing the development of the chicago boston mine at wallace operations are proceeding on the foot level where ore has been opened by a drift for feet the ore body struck recently on the grangeville Grange ville mine of the gold zone company near elk city is said to have been penetrated for fourteen feet without arrival at the the strike was made by tunnel at a depth of feet according to a kellogg report ore has been encountered in sinking a shaft on the yankee boy mine A carload of high grade ore is said to be ready for shipment A long crosscut tunnel will develop the yankee girl property operations have been started and have reached the thirty foot point ore from the monarch mine in the coeur calenes dA lenes is said to be the highest grade ore with one exception ever shipped from that section it is expected to go 60 per cent lead and eight ounces in silver other shipments of 60 per cent lead have been made and one went per cent lead the clarinda copper mining company has completed the establishment of a camp on howe mountain three miles west of Clarks fork the company has installed a sullivan compressor driven by electric power and is boring a 2000 foot tunnel to cut the veins feet above the level of pen dorceille dO lake the first three carloads of concentrated ore shipped by the nabob consolidated mining company in the coeur calenes dA lenes contained an average of about twenty five ounces of silver to the ton 50 per cent lead and 14 per cent zinc the net carloads ranged from 2300 to 2900 and the total net settlement was two more carloads are in transit the consolidated interstate callahan mining company now the callahan zinc lead company has shipped tons of zinc and lead silver ore and concentrates in the quarter ended march 31 last the total net value of the product was after reducing all operating expenses and accrued income and excess profit taxes for 1920 there was a surplus of out of which the quarterly dividend of or 50 cents a share was paid reports received from kellogg are to the effect that the jim blaine group of eight claims on pine creek in the coeur dalene region is being prepared for development the tunnel which has a length of feet is being widened and equipped with heavier rails and new mine cars A vein was intersected at the face of the tunnel it will be followed by drift and the tunnel will be driven feet farther where the opening of the second vein is expected reports received from adair are that preparations are being made to improve the equipment of the richmond mining milling Re ducton company the company shipped considerable ore broken from near the surface and proposes to engage extensively in exploration at depth with a view to making available additional resources ore is reported to have hav e been developed in the monitor mine adjoining at a depth of feet which is feet deeper than the greatest depth attained in the richmond an electric light and power plant is being installed on french creek on the upper salmon river below florence to light the placer ground being developed it is planned to run a power line to the rich gold quartz mines in the bear creek and mount marshall 1 districts which are being successfully operated ate d and shipping bullion from time to time mount marshall lies on the south side of salmon river and the veins are regarded as a continuation of the lodes traversing the buffalo hump district on the north side of the river the federal mining and smelting smelling Sm elting company has declared a dividend of 1 per cent on the preferred stock according to reports at hand payment will be made on june 15 to stock of record on may 26 the forthcoming comin t disbursement of 1 per cent is equivalent to it is comparable with the last disbursement which was 38 of I 1 per cent and equivalent to in the forthcoming disbursement of the federal returns to the basis used for far some time up to about a year and a half ago the total disbursements on account of preferred stock are in excess of while the disbursements on preferred and common are about the federal operates mines at mullan and hailey the Hypo mining milling company has struck a vein feet from the portal in its new tunnel according 1 to a report from otto A manager of the property we had no knowledge of this vein except in what is supplied by indications at the surface said mr it is the body we expected to cut before the tunnel reached its present extremity its dip which is far to the south explains why it was not reached before the vein has been penetrated for six feet and the drill holes indicate that it must be much wider it contains only a little ore at the point of intersection but the appearance of the vein matter is good if the rest of the veins have the same dip they should be reached at a point feet ahead unless the vein just entered is very attractive we will proceed to the next without drifting at present |