The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1898-07-12
WIN. Adams viii Follow VIM.
EaSSiG to KI0ldikG.
BACKED BY LOCAL CAPITAL
Company Organized Here-An Old Prospeetor
and Engineer-FOund Friends
in Honolulu.

Island capital is to place another
first class individual free handed in
the Klondike gold fields. The first is
VIM. cassie, who left San Francisco
for the north but few weeks ago.
The second will be VIM. Adams. who
is just the same sort Of a man for the
business.
Mr.. Adams goes hence at an early
date as the field representative. the
agent and the practical manager of the
'KIondike Mineral Prospecting Pro-
prietary Syndicate" The organization
of this company here is in the hands
of Harry Armitage, the we'll known
stock broker.
The company will have a capital of
$4,000, with power to increase to
$4,000 There are a number of apIli-
cations for stock in already and the
subscription books will be opened
without delay. The shares are 500
each. Only eighty of the shares will
be sold in Honolulu. This will make
working capital of $4,000, which viii
be deposited with proper safeguards.
Mr.. Adams is to have twenty shares
for his services, in complete payment.
The objects of the company are stat.
ed to be to send VIM. Adams, mining
engineer and explorer, to the Klondike
and adjoining gold fields in Alaska and
British Columbia to explore and pros
pect for gold and other precious m95-
ais. He will be authorized to work,
mine, float, lease or sell such mineral
properties, to form companies, or to
proceed in any businesslike name"
for the benefit of the Honolulu com
pany.
Mr.. Adams will first proceed to San
Francisco, where he will purchase
suitable diamond rock drilling plant
and other machinery for the ex9edi-
tious prospecting Of deep sinking al
luviaI or place deposits or auriferous
quartz reefs or lOdes.
1t is stated that on arrival at the
gold fields with such a plant It viii
not be necessary to hunt up new Dig
gings, as undoubtedly satisfactory
terms can be made with the owners OF
known valuable claims or mines to
| bore and determine the approximate
value of the ground without going to
the expense of sinking shafts and MAX
| inc drives. A diamond drill will do
|
a trifing cost as can be done by sink
ing and driving in a month. Where
the ground is frozen twill not be nee
essary to thaw it out, as the diamond
drill will work equally well, if not bet
ter in frozen ground. Claims and
mines can be bonded, tested by drill
ing and sold or fioated in a few weeks.
AS to Mr.. Adams, he could not argue
=. ,I-,,r Z : h TTvOJ
has had an experience OF thirty years
in the mining and treatment OF gold
silver, copper, lead, etc. In Cal1tornla,
| Neveda, Arizona and in Australasia.
| From 1876 to 1881 he was supernten-
dent of the Indian Queen Mining ana
| Milling Company, in Esmeralda cOun-
| W. Nevada, returning TO the snare
| holders Sl95, 900 in dividends. FROM
| 1882 to 1884 he was the manager OF a
| group of mines near Prescott, 4rlz.,
| including the Belle Gold and Silver
| Mining property and the United Nerdle
Copper Company's mines In 1888 ana
| 1886 he was associated with Mr.. SeeIey
| |. Shaw, now of Honolulu, in the great
petrified forest or chalcedOny park OF
| Arizona. In 1887 he was general man
| ager of the TevOra Gold and Silver
| Mining company, of WarOrongomal,
New Zealand From 1888 to 1890 he
was general manager Of the Broken
HIN junction Silver Mining company
! of Broken Hill, and made the enter
| prise yield $3.50, 900 in dividends. In
! 1894 Mr. Adams went to Western Aus
| tralia, where he was connected as
mining engineer and expert with some
of the leading operators and compa-
MES. Mr.. Adams is an Englishman,
but has many acquaintance on the
Pacific slope in the States. He is OF
the opinion that the coast cities are to
have the mining boom for an indefi-
mite time and that there will be big
money in the scheme he has on hand
Mr.. Adams met friends here in the per
sons of L. c. AbIes, Geo. Ashley and
others.