Mohave County miner., 1900-02-03
General Mining News

III
,,.p- to go into placer mining in that
action, on big scale. Before Mr..
Keating left he purchased 5O,OOOS worth
# American mining machinery for
.hipment to the romsk gold fields. |
The land can be purchased from the !
Government at Is cents an acre. The |
government, however, takes charge of
al gold produced and deducts three
rrr cent of it as the governments por-
tjon The ground yields one dollars
worth Of gold per cubic yard, and there
j, broad scope of such ground. The
climate is similar to that of Chicago
Courier.
On the headwaters of the Koyukuk
river lie the newest and norther- most
cDId diGgingS in the world The an.
nounrement of the discovery of this.
the latest gold-b bearing region of the
great northwest territory, is here made
generally known for the first time. Ii
comes as the result of the work during
the past summer of Mr.. Frank c..
Schrader, one of the best-known geol-
ogi,t, of the United States geological
survey and an old Alaskan explorer,
who has just returned to Washington
after an eight months trip, greater
part of which time was devoted to ex-
P,oring unknown portions of Alaska.
Anywhere from $50 to 200 miuers have
already stakei claims in this country.
To gather in rich harvest of the yell
lOE metal they are awaiting the com
iug of another summer. Meanwhile,
they are undergoing privations and
iscomforts which fall to the lot of few
The discovery of the yellow metal in
paying quantities was made last
spring. BY the Goth of August, when
Mr. Schrader and his party left the
Koyukuk diggingS, the miners who had
already begun work were averaging
from sos to sos per day in gold from
surface diggings, aad were only be-
ginning TO strike the rich pay dirt. All
claims, and Mr.. Schrader estimated
that there is gold in sight for 5000
more men. He says that the miners,
who are for the most part old Klon-
dikers, confidently assert that their
diggiugs will far outstrip in richness
any gold region in Alaska.-Alaska
Morning Record.
Outside of the purely mining states
in this broad land of ours, but little
i, really known of the importance and
the immensity of the mining industry,
nor do people realize that this is the
backbone. the solid rock, upon which
rests the foundation of the finances of
transactions people handle money with
no more thought of where it comes
from or what is back of it than if dol
lars grew on trees or could be found
in profusion on rose bushes; and yet
the majority Of this class, ignorant of
mining and of the manner in which
this industry is daily adding to the
imperishable wealth of the world,
sneer at those who are in any way in
terested in mining enterprises, and
they even go as far a to state that
the world would move along just the
same and that business would still
continue to flourish should the mines
Of the country be abandoned. This
ignorance, this stupidity is to be pitied
d we'll as deplored; and yet, though
belittled and ignored, the producer of
the precious metals, of enduring wealth,
has the best of it, knowing, as he does,
that he is a benefactor of the world,
even if the world at large is ignorant
of the fact, for without a metallic base
TO rest upon, the currency of all ma
tiOns would be nothing better than the
mere promise to pay with nothing back
Of the promise to make it good.-Salt
Lake Mining Review.
One of the Standard Oil men, j. A..
Matbies, has been busy in the vicinity
of Jerome and Prescott for the past
thirty days. He has exported person
ally half dozen properties and his
report has been submitted. John
Burkes, of Jerome has deal on with
Mr.. Mathies for the bonding of two
groups of claims, one in the Verde dis
trict and the other south of that re.
glon. The purchase price of the for
mer is to be 2OOOO0s, and l5OOD0s will