Evening star. [volume] (Washington, D.C.) 1854-1972, 1916-05-21

from the miles he had travelled. Warner
and Smith had been working throughout
the summer of 1900 They had gone care
fully over the country, but had found
nothing and were about to leave in de-
spair. They had only few days OF grub
left. but when they came to the kenne
colt river on their way out they decided
TO go up that stream and prospect the
land between Kennecott Glacier and Niko-
las creek. named after Chief Nikolai.
They had gone only three miles when
Warner sprained his ankle on one OF the
rocks He sat down to rest and he and
Smith there ate their lunch. AS they did so.
Smith observed large green patch in the
rocks on the side of the mountain and
called Warmers attention to IT. He said
it looked strange and that they ought to
go up and see just what it was. Warner
replied that Smith might go il he would.
he did not intend to climb up there to
look at BANKED sheep pasture. He
thought the green patch was grass and
the mountain sheep that are often found
on the hills of this part of Alaska.
This objection of Warner discour-
aged Smith. and he was about to give
up. He then went down to the creek
Warner. and saw in the bed of the
stream a piece of float or chip OF min
eral-bearing rock. He picked it out
and took 1t back to Warner. They
studied 1t together and then broke it
in two. The first fracture had a sill
very look, and they thought 1t was
silver. They then went down to the
creek to find more Of the float. 1t in
creased as they walked UP the stream,
and gradually led them to the spot
1Vb hov ha he nh n
pasture. 1t proved to be the outcrop-
pings Of an enormous deposit of cop
per ore, and Of the richest copper mine
ever discovered.
does after making a strike is to select
a name for his flnd." Mr.. Birch is still
speaking. THE question was what
they should call the new mine. Old
Jack Smith. who was ahead of Warner
and first saw the possibilities. turned.
to his partner and said by Cd
Warner, she's a bonanza" To which
Warner replied: well. Jack. that's a
good name for her. Well call her
The Bonanza Mine The find proved
only four and one-half years operation,
she had already yielded over $4,000, 900
in dividends. and she is now earning at
the rate of more than 100000 per
annum. No one knows the actual ex-
tent of the deposit. and 1t is safe to say
that she will be paying dividends for
generations to come"
Tell me something Of how the mine
was developer" said l.
After Warner and Smith had locat-
ed the claim they came out to Valdez.
where they met the rest of their party.
They discussed the situation and de-
cided that they had not enough money
to develop the mine themselves, and
that 1t would be best to sell 1t. was
at Valdez at the time, looking for such
properties on behalf OF myself and
certain capitalists of New York city.
They told me about their discovery,
and showed me the specimens Of ore.
1t was then too late to go to the in
terror. but I agreed to make an ex-
animation Of the property the follow
ing spring IL they would give me an
option upon IT. To this they agreed.
II then went to New York and inter
sstsd Messrs. H. o. Havemyer. James H.
Ralph and Norman sohultx to the extern,
that they agreed to put up enough money
for preliminary examinations and work
sufficient to show what the property was
That was in 1901. I then came to Alaska
and did the work. I found the deposit
all that had been claimed and far nore
than I had hoped. l secured a new option
agreeing to pay 100000 to each OF