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Show OK Ell GIVES . H INDUSTRY LIFE Coeur d'Alene Discovery Will Be Taken Advantage of Without Delay. Special to The Tribune. WALLACE. Ida., Oct 4. A company, to be lenown as the Augusta Mining and Manufacturing company, Is soon to be organized by local mining men, and it. will have for Its purpose the mining and manufacture of ochre, a new development develop-ment In the- already diversified mining of tho Coeur d'Alones. The property which will bo controlled by the now company com-pany is located in Nine Mile canyon, a few miles from Wallace. It Is known as tho Augusta No. 1, and is owned at present pres-ent by E. C. Cunningham. While running a tunnel near tho top of tho mountain n few weeks ago, Mr. Cunningham Cun-ningham ran into a peculiar formation, almost on tho surface. Ho had samples assayed nnd found that it Is practically clean ochre. In the center of the lodge there Is about twenty-six Inches of brown, whllo on cither side 13 a strip of about three feet of white ochre. It is all of good quality, and Mr. Cunningham plans to start a manufacturing plant In which to convert tho product into its commercial forms. Thc ochre was found ahovo the joining of tho upper formation, forma-tion, which Is a form of porphyrv with the lower slate, and, from all Indications, should continue To that junction. Tho ledgo is constantly widening; and If it continues to widen at the present rate, about ten Inches to four feet, a large body will be uncovered. The ochre is almost pure, and by merelv grinding and washing will be ready to go Into paints, stains, etc. As soon as possible a company will be organized and will start extensive operations for putting all the different commercial forms of ochre on the market Tho two colors found on thc Augusta make thirty of thc paint and stain colors possible by merely heating heat-ing and blending with white. Tests of the ochre bring forth the claims that It Is as good as any of the French ochres. With a large bed of the ochre and the many uses to wlilch It can be put, Mr. Cunningham and associates are confident that this will become one of thc largest enterprises of the district. Not only has the Augusta a very promising future from the ochre, but the property Is reported re-ported to bo looking excellent as the beginning of a lead mine. The original tunnel Is about 300 feet In, with 400 feet yet to be driven for the objective point, tho ledge. At the present pres-ent time the walls of the tunnel 1 are sparkling with small stalactites of crystallized crys-tallized lead. Upper cuts, made In an endeavor to locate an outcrop. Indicate a body of ore In the vicinity, as it is of porphyry formation and Is- liborallj' mixed with quartztte and a considerable quantity quan-tity of Iron. At one place a twelve-foot shaft ha.s been sunk, and toward the bottom bot-tom quartzlte Is found in large quantities. quanti-ties. There Is practically no limit to tho depth which can be obtained, as the outcrop out-crop Is nearly at the top of the mountain, the sides of which are so steep that approximate!- eight inches of depth can bo obtained from evory foot of tunnel driven. Several tempting offers have been made for tho property, all of which have been turned down, as the presont owner Is confident that the Augusta group will develop into a large and steady profit-maker. |