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Newspaper
Wallace Miner
Location
Wallace, Idaho, United States of America
Date
Jan 05, 1922
Page
5
The writer warns that false assay returns cause major losses and urges strict sampling protocols. He recalls Cripple Creek misreads and Mexican samples, stressing independent checks by multiple reputable assayers, proper splitting and mixing of ore, and avoiding reliance on a single judgment to ensure accurate mineral content.
The report notes surface quartz rich in sulphides with fair gold values from an old shaft area operated by a former company. It details a lack of ore reduction facilities, a large dump, strong power and milling readiness, and continuous work in 1921 lifting tonnage. Nearby districts see tungsten and lead-silver prospects, with dredging on Prichard Creek reshaping the valley and plans for future development into 1922.
The article outlines the East Eagle Creek and Columbus groups near Prichard and Jack Waite, noting 1917 shipments of 1,674 tons to the International smelter, value 16,740, plus 4,070 dollars in 1918 1919. It cites placer and hydraulic works, ambitious road plans, and potential new ore camps along the Bald mountain watershed in Union District.
The notice records a January 3 1922 board meeting of the Hypotheek Mining and Milling Company Wallace Idaho. An assessment of five mills per share was levied on the outstanding capital stock payable on or before the date set.
D day of February 1922 noing unpaid assessments on stock will be delinquent and advertised for sale at public auction. If payment is not made before then stock will be sold on March 8 1922 at 3 00 p m in Gyde Taylor building Wallace Idaho to cover the delinquent assessment and costs. Otto A Olsson secretary teller of Hypotheck Mining and Milling Company Gyde Seyler Building Wallace Idaho. 6 F 2 5
In the District Court of the First Judicial District Shoshone County Idaho United States Company plaintiff vs Brady Development Company defendant notice issued December 28 1921 for attachment against Brady Development Company property for 599.45 dollars plus costs witnessed by Clerk Harry A Rogers with seal and deputy Brainard.
Office of the American Commander Mining and Milling Company of Wallace Idaho announces an assessment of one cent per share on outstanding stock No. 10 payable by February 1 1922. Delinquent shares will be sold March 1 1922 at 3 00 p m at the company office 608 Cedar Street Wallace Idaho to cover the delinquent assessment and advertising costs.
Notice announces postponement of the sale of delinquent stock by Big Creek Mining Company Limited Wallace Idaho. The sale, previously set for December 1 1921, moves to January 7 at 200 Osborn at the office of Mrs Reba D Osborn including costs and advertising expenses.
A list of mining firms in the Coeur d Alenes with levies and due dates including Ajax Mining Co managing 1 cent due January 6 paid to J A diavighorst Spokane, and several delinquencies and postponements. Names include Amazon Dixie Mining Co Wallace Iron King Imperial Lockout Mountain New Caledonia Consolidated North Bunker Hill Rob Roy Silver Lode and others with officers in Kellogg Wallace Spokane and Mullan. Delinquent sales and postponements noted through January 21 February 6 4 10 and 30 dates.
Office of the Big Creek Mining Co. in Wallace Idaho dated December 15 1921 issues notice to stockholders delinquent on assessment of ten mills per share levied November 11 1921 with amounts shown opposite each shareholder name following this intro text
The accompanying table shows daily quotations for silver lead zinc and copper used as settlement basis in smelter contracts. Values are reported by the Engineering and Mining Journal and reflect NY and St Louis cash terms. Silver in cents per ounce and other metals in cents per pound. Copper is sold delivered with freight paid by the seller to the buyer.
Stockholders of Slavonian Mining Co. will hold the annual meeting at 301 Sixth Street, Wallace, Monday January 16 at 10 a.m. W Dougherty secretary.
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