Cedar Creek Strikes Ore at Deep Shaft Level
Cedar Creek Mining and Development reports a new ore strike 200 feet below the No 3 tunnel shaft. Crosscuts extend toward the hanging wall with 18 inches to 2 feet of galena ore, promising a large, grade-stable body as development continues toward the shaft bottom and toward a planned mill.
MENTIONED IN THIS ARTICLE
Cedar Creek Mining & Development Company
John Weyer
Wiliam Becker
Cedar Creek
Weyer
No. 2
Rex Consolidated Mining Sells Equipment for Red Monarch Plans
Raymond Guyer and RE Murray visit the Rex mine to arrange sale of underground equipment as operations shift to the Red Monarch tunnel on Beaver Creek side. Heela company buys motors transformers and other electrical gear while Rex seeks authorization to purchase supplies to begin work before winter. The plan aims to extend the Red Monarch tunnel 180 feet to reach under the Rex shaft and access a large ore tonnage exposed there.
MENTIONED IN THIS ARTICLE
Raymond Guyer
Rex Consolidated Mining Company
RE. P. Murray
Rex
Red Monarch
Beaver Crek
Heela Company
Guyer
Rex Company
Tgo
Callahan to take over Vulcan property at Clintonville meeting
Thomas Jay and D A Callahan travel to Chicago then Clintonville for a stockholders meeting to transfer full Vulcan ownership to Callahan Zinc Lead. The Galena west property with a long tunnel could aid Galena development. Callahan expects to gain complete Vulcan control. Callahan family plans extend stay through Christmas. Thomas Jay, veteran Coeur d Alene miner, dies. funeral held with Elks and Odd Fellows.
MENTIONED IN THIS ARTICLE
D. A. Callahan
Callahan Zinc-Lead Company
Chicago
Clintonville
Wis
Vulcan Minig Company
Vulcan
Callahan Company
Galena
Vulcan Company
Callahan
Twin Falls
Boise
Thomas Jay
Coeur d'Alene
Elks and
Odd Fellows
Hugh Toole
Frank Fryan
L. Sweet
Adolph Haupt
Joseph Clark
Charles Garanson
Mr. Jay
Cornwall
England
United States
South Fork
Last Chance
Wardner
Canyon Creek
Standard and Friese
Spokane
Butte
Steady Improvement at McPhillips Property on Nine Mile
At the McPhillips property nine mile, Stratton and Stratton report encouraging development under a ten dollar option plan. A Merriam report notes galena in samples, a blue taley gouge seam, and Revett quartzite nearby, with hopes the drift nears an ore shoot though finances hinder progress and more shifts could accelerate evaluation.
MENTIONED IN THIS ARTICLE
McPhillips
Nine Mile
Stratton & Stratton
Chas
Callahan Zinc Lead reports second quarter results
Callahan Zinc Lead company president John Borg reports for the quarter ended June 30 1923 shipments exceeded first quarter but net returns fell due to lower metal prices resulting in a deficit of 4666. The report notes extensive development at Callahan and Galena with 2500 foot crosscut and 800 foot shaft depth. Mill recoveries improved zinc to 3.22 percent and ore assays averaged 11.30 percent zinc 5.75 percent lead and 2.14 oz silver.
MENTIONED IN THIS ARTICLE
Callahan’ Zinc-Lead Company
John Borg
New York
Callahan
Galena
Borg
Callahan Zinc-Lead Company
Hecla Mine Unwatered Below the 2000 Level
The July fire destroyed the surface plant of Heck Mining Co. Temporary pumping was set up to lower rapidly rising water in the mine. The unwatering of the mine is completed, with 2000 level motors removed for rewinding and temporary pumps to continue lowering water.
MENTIONED IN THIS ARTICLE
Heck Mining Company
Fie
Ford the Money King Sees Cash Surpass Two Hundred Million
Henry Ford remains financially secure as Ford Motor Co reports mid year balance with cash reserves exceeding $200 million despite profits per car falling from 299 to 43. The article notes profits per car were halved in the year ending June 39 1928 and emphasizes Ford's continued financial supremacy.
MENTIONED IN THIS ARTICLE
Ford
Henry Ford
Ford Motor Co
John Borg Announces Abandoned Negotiations at Success Mine
John Borg of New York, president of Callaghan Zinc Lead, announced last Tuesday that negotiations to acquire control of the Success Mine have been abandoned. Borg acted in a private capacity, not as a Callaghan director. No details were released, though three tentative propositions had been offered, with approval open to all stockholders if any were accepted. The Success mine, long noted in Coour Alone mining history, may now resume profitable production.
MENTIONED IN THIS ARTICLE
John Org
New York
Success Minit
Hore
Callaghan Company
Borg
Coour Alone
Oreano Mining shows ore continuity in drift extension
Oreano Mining reports a rich lead-silver find at Oreano with ore continuous for 112 feet along the vein. A crosscut through the vein reveals nine inches of ore and an eighteen inch ore streak, with the wall of the vein not yet reached. The company notes a wealth of mineral area nearby and provides a September 5 letter to stockholders detailing drift progress and financials. The financial statement shows cash on hand 8547.04 with 7267.78 spent on development, leaving 151.80. The annual stockholders meeting is set for October 18.
MENTIONED IN THIS ARTICLE
Hen L Collins
Western Onion Mining Company
Burke
Western Union
Oreano Mining Company
Tis
John Dolan
Sasesament
eHela
Heeta
Studholdves
Hanley Returns From Reno Silver Conference
Hanley, superintendent of the Heela mine, returned from Teno Nevada where he attended a silver conference with U S and Latin American producers. Idaho's Manley Smith Macbeth and Peters joined others to discuss forming a silver export association to stabilize prices. A committee to pursue incorporation will be announced by the conference president after adjournment in Reno and a brief San Francisco visit followed.
MENTIONED IN THIS ARTICLE
L. KE. Hanley
Heela
Teno
Nevada
United States
Candida
Mexico
Central
South America
Coeur d'Alene
Manley
Frank M. Smith
Bunker Hill
I Ravenel Macbeth
Idaho Mining Association
and & EF Peters
Iver City
Idaho
Hanley
Western Hemisphere
Reno
San Francisco
Independence Lead Mines report praised as top undeveloped property
The report for Independence Lead Mines Limited, prepared for Henry Kingsbury and stockholders, reviews development work, outlines future plans, and includes maps and photographs. Stanley Kt. Moore, a Wallace Spokane mining group engineer, calls the property among the district’s best undeveloped assets with strong potential for a large future mine.
MENTIONED IN THIS ARTICLE
Independence Lead Mines, Limited
Henry Kingsbury
Mullan
Independence Ground
Hunter
Stanley R. Moore
ER. M. Atwater
New York
Julius P. Hall
Wallace
Alaska
Moore
Kingsbury
Also Mentioned on This Page
Declared Monarch
Vulcan Meeting
Miner and Pioneer
Arctic Circle
Drift
Merriam
Panhandle
California
Callahan Report
Pres. Borg
Hecla
Coolidge and the Owl
Calvin Coolidge
Coolidge
Northampton
Mass
Ohn Borg
Oreano
Independence
St. Negis
St Regia
Revett and Burke
Coeur d’Alenes