The Cordova daily times., 1919-08-26
Vein of Silver Ore Extending for Two Miles Has Been Located, as Well as
 Good Gold Find

and now a promising gold strike is reported. Says the Miner:
 While prospecting for platinum at FiVe-mile this week, Messrs. White ford, Cameron and Cook discovered a vein of silver ore extending for two miles and from five to twelve feet in width, according to locators. One ounce of pulverized rock yielded button containing fifteen grains of silver with a slight trace of gold.
 Tt is estimated that the rock will run about thirty-three ounces to the ton, and as there appears to be un- limited quantities of ore preparations are being made to develop the dis covery by the lucky trio.
 Samples have been sent to La touche and Treadwell for further as say.
 "A number of prospectors are securing the hills since the discovery of platinum near town and several gold pockets have been found which, it is believed, will pay to work.
 And Gold Also
 Some of the richest gold-bearing ere specimens ever brought to Val dez came in this week from the Mi Q&s mine, at the mouth of Mineral creek, owned by Wm. Egan and T. J. Devenney of this city. Development work has been in progress for some time, and this week, at a depth of thirty feet a vein of gold quartz about twelve inches wide was discovered. The vein is growing wider with 7 depth. .. Several hundred pounds of ore were brought in, the samples being thickly studded with gold Work on the property will be pushed rapidly and it is believed that the mine will become one of the local producers before this time next year"
 To Benefit Home People
 IlC dIuCA pCOplC 1C1uSC IO UC- come excited, however, over the glowing prospects, and the Miner publishes the following very moder- ately-worded editorial concerning the strikes. The wisdom of the proposi- tiOn to have the mines financed by home people, thus securing the bene- fits for the home town, will be ap- parent to all:
 Since our last issue developments at the platinum discovery show that the new strike is one of no inconsid- erable importance. The fourth hole put down by the drill gave a teacup full of platinum concentrates, some of the flakes being of a good size and increasing also, and it looks as if a discovery of no small magnitude has been made. If the samples being gathered by the drillers assay as we'll as those sent out earlier in the season, large hydraulic outfit will
 
 be installed by MT. Willard and assO- ciates, Valdez capital backing the project. Fifty thousand dollars can be raised here in week by our citizens if the values warrant the expenditure.
 But little publicity has been given h1 c{r- oe as+ wishing to prevent an influx of pros pectOrs to this section, believing that it is better for the citizens to finance the proposition than to have horde of outsiders on our hands for the winter, many of whom would be with out means.
 If developments next week are as satisfactory as those of the past week the drill crew will be pulled off and arrangements made to install ma- chinery to handle the ground. It is a hydraulic proposition, and ample water is at hand to work it. The platinum-bearing ground extends over a large area, and prospectors are find ing traces of the mineral as far along the benches as holes have been sunk.
 Outsiders are warned that indica- tions up to the present time do not warrant a stampede to this section, as no assays have been made other than those sent to Seattle when the discovery was made. Several sacks of concentrates have been sent out and returns will be received in the near future.-ValdeZ Miner.