The daily Alaska citizen., 1919-03-18

Dome 3,76O,OVV 4V 1lvV'VVV Fairbanks creek ......... e,ooo.o0o 70 100000
 21s.soO.ooO : .46 $loo.2oo.ooo
 Since it requires approximately two horsepower per hour to dredge cubic yard of gravel, fleet of dredges having com bined capacity of at least 2,5OO cubic yards per hour, or 1,8OO,OO0 cubic yards per month, and consuming 5000 horsepower, will be re- qllired for twenty dredging seasons to work these gravels. There are several other creeks in the Fairbanks district, including Eva, Pedro, Ready Bullion, Cripple, Gilmore, Twin, Small wood, Fish and Steele creeks, and lower Chatanika river, which are known to contain dredging ground or dredging possibilities, but concerning which the committee was un- able to obtain sufficient data to warrant their inclusion in these estimates, while Cinema and Salcha rivers and Shaw creek are yet almost a virgin field. And in addition to the Fair banks district, at least four other localities of importance to the placer mining industry of the Panama valley (Hot Springs, Tolovana, reserves of low grade gravel that will be de- veloped when cheap power is available. It is estimated that these additional creeks of the Fairbanks district will require at least l,50O horsepower the Hot Springs district approxi- matey 2,OOO, the Tolovana perhaps 500 and the Kantishna and Bonniheld districts 1000 horsepower
 And for lode mining the previous esti- mate of l, 500 horsepower is entirely too con- servative from the viewpoint of future devel- ment because it is based upon the present de- velopment of lode mining which has thus far only been done on the basis of high grade ore. There are, however, large quantities of lower grade ore, not only in the Fairbanks district but elsewhere, which are not workable under present conditions but which will be exploited when cheaper power lessens mining costs. For this work at least 2,50O additional horse power will be required in the Fairbanks dis trict, 500 i'll the Tolovana and 500 in the Hot Springs districts.
 And in the Kantishna and Bonnifeld dis trcts deposits of low grade and so-called "base ores" of stibnite, arsenopyrite and gold are known to exist and have been known for years, which, as far as indications to be had from prospecting are concerned, will out strip by far those of the Fairbanks district. but which the absence of cheap power and transportation have made it impossible even to think of developing. But with the advent of the railroad and wagon roads and with a transmission line to furnish power this country bidsyfair to become one of the larg- est mining districts in Alaska, for which the estimated requirements of 1000 horsepower is conservative.
 And with the development that will fol- low the installation of such plant the popu- lation, and hence the demand for electricity for domestic use will be doubled
 The ultimate market for power will be, therefore, 10000 horsepower, as follows:
 Estimated Total Market For Power
 Pacer dredgng 10000 horsepower Deep placer mining .............. 1000 horsepower Lode mining, Fairbanks district 1000 horsepower Lode mining, Tolovana district ..... 500 horsepower Lode mining Hot Springs district 500 horsepower Lode mining Alaska Range ........ 1000 horsepower Domestic ..................... 1000 horsepower Total 10000 horsepower
 Size Of Plant
 The immediate demand for artificial coal is 6O,OOO tons. A carbonizing section of enough units to supply this demand will pro- duce sufficient free gas to generate 2OOC horsepower, so we will require a gas producer section capable of supplying an additional g.