Show IDAHO wallace press the vienna al mine will soon begin shipping ore ore is being taken out as fast as possible and in a day or two the federal mining and smelting smelling Sm elting company will receive the first shipment of ore from this mine the management hopes that it will be able to ship continuously from this on hailey times the idaho lead silver and zinc company has amended its articles of incorporation to permit it to sell shares as preferred stock the purchasers of it are to be repaid before any dividend is declared upon the common stock after which it will cease to be preferred the stockholders are W J mcconnell W C mcconnell McCon nelI C R shaw 0 P mccarthy and W R kivett wallace times some fine looking gray copper ore is being encountered in the tunnel of the arlington mining company said william fisher yesterday there are five stringers of this ore some of which are two inches wide the stringers were encountered on the foot wall side of the vein the tunnel is now in a distance of feet and the depth is about the same the showing of galena is also improving the property is under steady development silver city nugget on the banner the upraise to the south drift on the webster vein has not yet connected with the drift but will be in one or two days more As it is pushed up the east or hanging wall it is thought the drift will be found to be at least eight feet west of it nearly four feet of solid hard quartz is now in the upraise which has been sampled but no assay returns yet received it is not yet determined whether this may or may not be the banner ledge but the indications denote that the banner is still further west and if so the two veins will come together south of the workings feet higher up the mountain wallace press A deal for the sale of the property of the argentine mining company is at present pending between the present owners of the property and butte capitalists the property lies one mile and a half east from osburn and at one time was one of the most promising properties in the country the highest grade silver ore ever shipped from the coeur calenes dA lenes was taken from this mine the price named is reported to be but the deal has not yet been closed white bender and the coeur dalene hardware company are the principal owners of the property the owners are extremely reticent about the matter but the facts as stated above are not denied wallace mines and minerals william fisher has just returned from a trip to the arlington property just north of burke he reports continued drifting on the lead which was cut some time ago and that there is considerable with other indications most favorable to nearness of an ore shoot some good galena streaks were run int a short while back and these improve as drifting progresses wallace mines and mineral at a meeting of the board of directors of the sister mining company held last saturday evening an assessment of 2 mills was levied on the stock of the company A temporary suspension of operations was also decided upon in order to get the financial affairs of the company in better shape some good galena ore was recently cut in the shaft salmon recorder larry wills and jack dawkins returned sunday from musgrove creek thirty five miles west of salmon where they had been developing a mine for some salt lake capitalists under contract newton hibbs who promoted the sale of the property made an examination of it last week and he reports a very fine showing the lead which has an average width of three feet carries a value of over 50 per ton at a depth of feet this promises to become one of the best mines in the county it is favorably located with all the facilities for economical operation at hand the ore is susceptible of chemical treatment being of a more desirable character than what is commonly called tree free ore samples which assay into the hundreds of dollars do not reveal a color to the pan test A prominent outcrop out crop of this lead had been run over for more than forty years by a multitude of prospectors and passed up because it would not pan |