The Alaska daily empire., 1916-08-01
ALASKA MINERAL RESOURCES
fValdez Miner)


 Crossing Aaskas great domain are lofty noun tain ranges and valleys of numerous rivers DurGeheu with an almost inexhaustihle supply Of mineral re- sources which when thru change in economic con dons becomes fully developed, will exceed our "llu est expectations Mineral belts of great importance are to be found Prince William Sound anu hS Conner River country near Valdez, the Juneau ana Ketchikan districts in Southeastern Alaska ana many other smaller belts which are being developed In the Alaskan and coast ranges. North or the Alaskan range flows the mighty Yukon which together wltn its numerous tributaries has made many men Ihli' lionares from the placers extracted theretrom Mucn virgin territory awaits the sturdy prospector to dis close its hidden treasures and add t to the areedy large amount placed on the credit siue or Adasha 5 balance sheet. With population or put iVVVU sE1t tered over it's 5O0000 square miles, it is Impossible to hastily develop and exhaust it's mineral resources
 Alaska's yearly gold output eXceeus $1"VuV'VVV'
 which amount ranks third in place all the states and territories of the United States $l45OOOOO was the value of the 1915 copper output the mining oi
 Tungsten Anthony, Silver Asbestos, Gypsum and Coal being produced in larger quantities as capl, tal becomes available The Prince William Sound district occupies unique distinct and interesting place among the mineral belts in that 1t mas many mines and prospects of both gold and copper whlch are found in their respective parallel Delts when extend northeastery from the southwestern snores of the sound and terminate in the weilSnown IeNien district. Some of these mines have been ope. .9lus for years and continually having their plants m creased rapidly as changing conditions VIII war rant The district presents most lnVltlng Nelu TOT capital where colossal profits can be made rom a small investment Even though the price of nearly all minerals are high many prospects are awaiting Inc advent of the capitalists who are finding many attractive and lucrative propositions within it's bor ders Few depart from here without the country leaving a favorable impression on them and almost invariably to invest in some mine or prospect
 That Alaska mining industry is rapidly forging its way to the front indicated by the value or tne total output of mines for 1915, which was $52lbOOOO compared with S19O64,9O3 for 1914.
 It is couservatively estimated that Alaskas min era output for 1916 will exceed $6OOOOOOO or nearly double the production of 1915
 From these figures can be deduced the fact that Alaska is entering upon period of greater prosperity and this can further cOTrObOrated by tha eVueuce lof the great interest being shown in the Territory from the many inquiries being received by the Alaska Investment Company and the new Chamber or Com merce. -...
 If Alaska has achieved large a measure Of sue cess under such adverse circumstances, what may not the result be- when a good system of railways and highways are completed cheap fuel and transpor- tation will be available for the treating and handling of the products Of her many mines!