Show IDAHO the quality of zinc l the y lead ead or ore made accessible ill 1 property 0 of f the sidney crea mining company in the pine cree district of the coeur dalene region is estimated at tons according to io reports at hand A bond and lease on the panhandle property near wallace has been secured by patrick brady and it is planned to begin b development work immediately the property is an old one on nine mile creek and its previous shipments of ore have been heavy directors will be elected and plans for future operation will be discussed april 17 at a meeting of stockholders of the alma ray mining company at kellogg favorable showings s have been reported in a drift on the vein copper and biln silver cr and lead values showing g across a threefoot three foot face the property is a half milt mile west of kellogg R A brockman is president and C B forbes s secretary trea treasurer surer doubling of the capital stock of the bullion mining company for the purpose of constructing a mill is proposed by james A taylor manager in a letter to stockholders recently announcing a special meeting for may 5 the meeting will be held at wallace and the matter 0 of f increasing the stock to will be voted upon plans for the mill construction and other development are extensive according to reports at hand the bullion property is a copper and gold mine with an outlet on the milwaukee railroad on the st joe river ore was recently struck on the 2400 foot level of the morning mine according to reports at hand so far five feet of high grade and three feet of milling grade have been entered with the extent of the body not determined the 2400 foot level of the morning is the deepest in the mine and the deepest in its part of the coeur calenes dA lenes region the depth on the dip of the vein is much greater than indicated by the level number the last annual report of the federal mining and smelting smelling Sm elting company owner oi of the morning mine estimates the life of the mine at five years based on economic operating conditions whether the ahe estimate contemplated the disclosure of ore on the 2400 has not been stated the Fede federal ial company has disbursed in dividends on its preferred and common stock one of the most extensive development programs planned recently among larger mines of the coeur dalene was announced at wallace by the hecla company the company is planning developments which are expected to increase the depth of the mine by feet work is already being done on the 2000 foot level preparatory to sinking feet when it is expected another vein will be crosscut if the crosscut is made and other conditions are as expected it is planned to sink feet farther and then to extend the main shaft feet to make possible the removal of ore new hoists have been ordered and it is expected that extensive work will take place within the next few weeks the wide west vein recently struck by hecla interests has shown 18 inches of high grade ore and further development work is planned |