The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1914-11-12
ALASKA GREATEST
GOLD PRODUCER
SAYS ALASKA WILL ASTONlSH
THE WORLD IN A FEW
YEARS.

1.-THE Valdez Creek Placer Mining
company expects to be recovering gold
at the rate of $1,000,000 per season
within a very few years." said George
w. Sias, an official of the corporation
upon his return from Alaska. The
company, he stated, completed this
year the Installation of 100000 worth
of machinery and has expended to date
over 100000 on the property and
equipment. Operations are confined to
hydraWicking, The first monitor was
perty on August q and the season
closed on September 20, In this time
there We're only partial cleanups, most
OF the gold released from the gravel
being retained in the sluice boxes
Everything is in readiness, Mr.. Sias
reports, for a full season of washing
next year.
I'VE didn't have time to clean out
the bed rock at the site of our initial
operations" Mr., Sias said, where l es-
innate there is a good 100000, but
from the boxes we took out $4,000 in
the yellow metal, while in doing some
assessment work on other claims we
picked UP about $1,000 in nuggets. Some
of the chunks of gold were worth $50
over a mile in length and with heat
of $50 feet 1t carries more than 200C
miners inches of water every "a hours
In Alaska they figure on five cubic
yards of gravel washed per miners
inch, but if we do next season only
three cubic yards per inch each day
we should wash 5000 yards day. This
gravel bank has returned $40 pei
cubic yard, but estimated at only s
per cubic yard, we shall be making
next year all the money that we coult
ask for We have spent over 100000
in the Valdez Creek properties and ex
pect to be taking out more than tina
every year.
1.-THE working time in Alaska for by
4
Guggenheims, operating about 10
miles west of us, took out 100000
this season dredging, but we can by
draulic cheaper than they can dredgC
expect in a few years to be returnin
million gold a year from our prop
erty.
mo man can go to Alaska toda
without returning an enthusiast on tn
prospective gold output from thu
country / spent a whole day at Jur
eau going over the Alaska Gold Mine
property. This is destined to be II
greatest gold camp in the world Ala'
ka Gold has tunneled the mountain II
two miles and you do not need a mas
nifying glass to see the stringers
gold right through the mountain.
don't believe this mountain can
worked out in hundred years.
THE layout of the Alaska Go
Mines company in its engineering
most scientific and on the biggest sea
of any gold mine in the world. TT
output of this mine combined with Il
Alaska Treadwell and what the Unite
States people are doing in the san
region will give Juneau a gold vie
that will rival that Of the Rand
b South Africa.
Notwithstanding the handicap
the climate | believe Alaska will will
in q reasonable number of years astol
, ish the world. The Alaskan bills tn
have now passed congress will give
great stimulus to this territory .Bro'
Pass, where the government will pro
ably build the Alaskan railroad, h
had a tremendous gold strike. The GU
crop Is claimed to be so feet wide al
has been traced for miles.
"The government estimates that t
r territory through which this road W
. probably pass is capable of sustaini
. a population of 26,000,000 on its mi
e eral and agricultural resources 7
$ Alaska coal fields are bigger than t
!, Pennsylvania coal fields"