-Running tunnel in ore and will operate new mill June 7, president says
The first annual meeting of the Tungsten Mines, Inc., held in the assembly room of the Victoria hotel Thursday, resulted in the election of the following trustees: James P. Reed, president; W.G. Reed, vice president; C.H. Watt, treasurer, Inchelium; W.S. Lemon and Robert J. Weller, Spokane. The attendance was 40.
President Reed, who directs operations at the property, near Addy, stated that development of ore was proceeding and that the mill would become active about June 7.
The added equipment includes a two-drill compressor which is being used on two shifts. The tunnel, proceeding on ore of good grade, is advancing at the rate of four feet to the shift.
"The width of the ore averages a foot to 15 inches in the drift. Its quality is richer there than at the sufrace. At this time, the face is in ore having a 23 percent content. A product of such quality has a value of $230 to the ton. The rtio of concentration is 15 to 1 on the mill grade.
At a point 35 feet ahead in the tunnel we will begin to raise. Raising will be continued to the surface, a distance of 100 feet. Recently, we found ore farther down the hill. This discovery, with other openings, suggest an ore length of 1200 feet. The outlook for the operation is bright in view of the ore we have developed, the small quantity removed and the possibilities of the vein.
"Also, we are equipped to prepare our product for market. The mill has a capacity of 50 tons daily. At the outset it will be operated a shift daily. Under hand concentration methods, we obtained a 75 percent concentrate. We expect the mill to do better and the concentrate to net more than $1,000 to the ton. We have arranged with eastern people to market our product by the carload. Twelve men are employed."
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