The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-01-08

score mines in the Klondyke district
are big paying ones; that only about
200 more claims pay expenses or mod
crate sums above. and that all others
fail to pay their working
The Yukon river il. the foundation of
this country. The Klondyke, which
gives name to the mining district,
comes west and opens into the Yukon,
running north at this point. Dawson.
| There are no mines on the Klondyke.
Two miles from its mouth Bonanza
| creek enters into it from the southeast.
| This creek was the first big dggings,
and on IL are some of the big claims.
About 10 miles from the mouth of Bo-
nanZa is the mouth of Eldorado creek
| coming into it from the east and south.
| This is the best guleh. Most of the big
pay claims are on it. There are from
100 To 200 claims located on Bonanza,
and about 80 claims on Eldorado. Above
! the mouth of Bonanza on the Klon-
dyke. eight miles, is the mouth of
bunker creek. 1t is at present the
third gulch in Importance in the Klon-
4 dyke district. 1t is just opening up
and promises some big paying claims;
some are, in fact. assured The above
sums up the present big pay claims as
\ to location. Tributaries to these creeks,
with other tributaries of the Klondyke.
are being prospected, ana some good
mines found. Every available foot is
| located. The only way to get a claim
| or interest is To buy. and prices are
from a few hundred up To many thou
sands. There are few sales among big
pay claims. You can understand how
| 1t is If you have a big pay placer claim
you do not need to sell it. You can
work it yourself. The only opportun-
lty Tor investment is in buying unde-
Neloped claims at moderate prices.
| Then, of course, YOU have Il gambling
proposition. for it may pay or it may
not pay. My suggestion is beware OF
klondyke mining claims under any
circumstances or conditions. OF course,
the country viii be Hooded. but you do
not want any. The oft-told tales viii
be repeated, and will be backed up with
little buckskin bag full of nuggets.
only to-day l examined II most inter-
eSting bag of nuggets owned by "A man
just going out, with big batch of
claims to sell.
The new law limiting claims to 100
feet is being enforced, the government
holding alternate claims and a royalty
OF 10 per cent and 20 per cent on clean
ups. A bad feature of these gold fields
is the possibilities on the face rs it
shows uD to the outsider Most of the
creeks show prospects-prospect that
would be remarkably good pay any
where else. But here claim that paws
$40 per day to the man who works it is
not worth owning; ii cannot be worked
at profit. A $40 per day claim must
pay 20 cents pan to reach that
amount, considering the dead work
and the short days Then working
season is short Exposures ana dan
gers are numerous The mine has d
score of handicaps which it has not in
Montana. Therefore the showing made
by these mines must not be considered
in connection with anything YOU know
about mining Some mining shark COM
ing to you with a dozen claims paying
Is cents to the pan viii appear to be
talking gold right into your pockets.
Since writing the above Captain j. |
j, Heaiy bought claims Nos. &c. AZ and |
as, Bonanza, for 1924, 600 These are |
nearly the best claims in that gulch |
You know, Eldorado has only about 81
claims in all, many Of them not paving I
Bonanza has about 100 claims recorded /
and but less than 30 actually pay. The |
above prices are magnificent. but |
should not be too enticing. There lis a I
great syndicate formed in Chicago. one +
of several millions, and Captain, Healv !
is buying for them. Now, we ali know +
buying for syndicate and buying for |
oneself has much to do in the matter I
of prices.
An important matter in figuring the /
output of a mining country is usually !
overlooked. | mentioned as much as
that possibly innumerable mines may I
be found in Alaska that will nay SO I
per day to the man working them. Saw
there are 1000 such. and that a man
would get in 200 days work i'm the
year. The output would be $1,000 QUO
But when | repeat such claims do rot
pay-or at least do no more than paw
You Will observe in the face OF this
nice yield that the same sum. -. 900. 600
or moro. must be put into this country /
to get this out. Then would ii be rich?
II is estimated that 5000 people came to
the klondyke this year, aud that each
brought on an average uf $i00 Exactly
S2.OO0000 being brought into this
brought into this country. must we not
expect a big sum To go ont? As yet We
can safely say as much money has
been brought in here as has been taken
out.
Our friends need not fear our starry
ing this winter; but we will he on low
fations. There is lot of fresh meat
yet in the market-and some who
stored away horse meat for dogs. |
.hink. are fooling the dogs, or will play
log themselves later on