The daily morning Alaskan., 1899-09-09
Capitalized at Sl, ,OOO,OOO and
 Owns Two Copper Mines
CUSHMAN THE ATTORNEY
Mr' Whitehead Launches a New Enterprise owns Valuable Claims in the Big Horn Country Property Being Dcveio. ed-AIi the Features of Valuable Mining Locntions-PTospec From the Assays.

Mir. P. b. Whitehead has incorporated the first mining company that has been formed to have its headquarters in Skag- way. The advertising and sale of the stock of this company will assist in bring. ing Skagway to the front as the mining center of a wide and well mneraIized dis trtt. The new corporation is called tie Big Horn Gold and Copper Mining Co.,, and Is incorporated under the laws of the state Of Washington for 100000 shares at sI each. Claypool, Cushman X Cush. man are the attorneys in that state for the company.
 The properties of the company at pres ent comprise two mines in the Big Horn country, British Columbi1, which is situ- lted thirty'ilve miles east of Skagway as the crow flies, and within about eigh, miles Of steamboat navigation on the lake route to Atln. The projected branch line 10 Atlin of the White Pass railroad runs near 10 both properties, as also does the winter trail from Skagway to Atlin, known the Fox Tail route. The first of these properties Is called the Big Horn mine, and the second. which is an extension of the same minerllized ledge, the Morning Star. They are situated on a mountain side which forms the bank of the Big Horn river, about four miles from It's mouth. This river is from 2s 10 30 feet wide. runs parallel with the mines and will furnish abundance of water all the year round for milling purposes. belt of heavy timber runs south oi Otter lake some miles and in this telt the mines are situated. So that upon the important points of trlnsporta- ton facilities, water for power purposes and timber for tunneIng and building pur- poses these properties possess all of the best features of a profitable mining enter prise.
 The ledge upon which these mines are located is of solid quartz with carbOnates of copper running through it, and has an average width at the croppngs of nearly 100 feet. The surface indications, the trend of the ledge itself, it's perfect walls and other features that will strike the at tention of the experienced miner, are full of promise of great mineral wealth. lt IS well known that all copper producing ores mcease in value with depth, and an ap- proXimate of the yield per ton of this ore body can therefore be obtained from the assays of surf ee ro;k from these mines recently made by AsSayer Vaughn of this city, which resulted as follows:
 Big Hom-Goli, sr.4o; silver, s,.6o; opper, S}7.So; total value per ton, s42.So.
 Morning Star-GoId, SIo.33; silver, s4. 20; copper, S20 34; total, sl3.S7 per ton.
 The district through which the Big Horn flows and its immediate neighborhood has but recently been discovered to be one of the most richly mineraIIzed in the whole of Alaska; and development work will probably prove it to be the richest in cop per and gold of any part of this great ter ritorv. Miners passed it by last wear on their wild rush to the Atln plaoers with out thought, just as the gold hunters of Forty Mile and Circle city for years passed ever the hidden treasures of the Klondike. A few months ago prOspeetOrs showed some rich free milling nuartz from the neighborhood of the Big Horn to the leading engineers of the White Pass K Yukon railroad, who had this quartz as- saved. and it was found to give values which seemei fabulous, namely, fron 5000 to sI7,Ooo per ton. Upon this becoming known several capitalists sent Tn their prospeetorS 10 the new district, and among the most valuable of the mines since loeat- cd and reported are the Big Horn mine and the Morning Star mine, adjoining it.
 Men are now at work developing the property and Mr. Whitehead has succeeded in interesting quite q number of the prom inent business men of Skagway in his new company.