Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-12-26
SAYS YUKON COUNTRY
WILL ATTRACT WORLD
BOYLE Concession Has Enough Gold
Gravel TO Keen FIFTY Drcdgcs
Busy Fifty Years.


territory. who has had official juriadic-
ton over the vast territory covering
100000 square miles, for the past II
years, with headquarters at Dawson.
recently arrived in New York to spend
the winter. Owing to his many years
of experience In that far away gold
producing land OF the midnight sun
MIR. Eilbeck is regarded rs one of the
best posted men concerning the terri.
tory's present status and future possi-s
bllities.
within a radius OF 65 miles of Daw-
SON." he snid, already upward OF $500,
100000 of gold dust has been extracted
from the gravel of only n few creeks.
and the development, / believe. ,is only
beginning. The Yukon Gold company
has expended some s17,000000 in bitches,
fumes. inverted syphons, dredges, pow
er plant buildings, etc. This company,
when under full opera ton, will prob
ably extract 5000. G0Osor upwards u sea-
son. for the next 80 to so years, as 1t
already owns enough good pay ground
to kecpit going for that length OF time.
During the past season the company al
though not yet under full swing, must
have extracted $4,000. 900 to s3,500.000.
Next season and in fact each succeeding
season, the output will be largely In
creased rs the company has millions
upon millions of yards of very rich gold
producing gravel.
VAST CoALEANDs.
I'm addition to the Yukon Gold COM
pany. we have the Northern Light &
Power company, which last summer
completed the installation of n 10000
horsepower plant. This company owns
vast coal mines located at Coal Greek.
some 40 miles down the Yukon river
from Dawson. Our government engi-i
neer T.. j. Beaudetter. reported 100000
tons OF coal in sight on this company's
holdings The corporation, began to
furnish power last fall to several
dredges working in the neighborhood of
Dawson, supplying 1t over its own
transmission wires from the power
house at Coal Creek.
"A. NJ. C. Trcadgold. head of the
Granville Mining company, is building
q ditch six miles long from the north
fork of the tilondike. river to his power
house, which will be completed next
year. This plant will have n capacity 4
of 10.0oo-horse power. all of which will
be used for pumping water for NY
draulicking and power for the conf
pany's own dredges. The Granville
Mining company owns nearly all of
Last Chance Creek. Dago Hill, Lower
Dominion and much other valuable
8
pany employed for the next % years
and result in good earnings for divi-
dends.
LARGEST GOLD DREDGE.
"Thc Boyle Concession commencing
within stones throw of Dawson at
the mouth of Bonanza creek and ex-
tending ZIP the Klondike river for over
seven miles. contains enough pay
gravel to keep so drcdges employed for
sc years. On the Concession two dredges
are working. ono with n capacity OF
4. 900 cubic yards day, and the other
which was Installed this year and be-
gan operations on Nov. II. is the larg
est dredge in the world with a capacity
of 10000 cubic yards a day. With cheap
water power during most of the dredg-
Ing season and steam power furnished
by the Northern Light & Power COM
pany for the early spring and late fall,
dredging work can be carried on for
200 to 2l0 days year.
These are only few OF the largest
companies operating in the Yukon
and we have many smaller concerns
and many Individual miners operating
on large scale. Considerable quartz
development is in progress In the
neighborhood and look for some very
rich strikes In the near future.
1ryrN1,T