The Alaska daily empire., 1921-08-18
AMERICAS RICHEST GOLD MINE.

Perhaps mine of similar importance was ever developed in the country with little publicity and less fuss and feathers have attended the career of the Chichagof Mine in Southeaern Alaska. It is probably not generally known, in Alaska, that the Chichagoff the richest gold mine in Amer ica-tha is that it is paying larger dividends to it's owners than any American gold mine, but it Is a fact Of there is for the lack of general knowledge, among mining men, concern ing this wonderful property Unlike most mines, it never foated any stock bonds It developed wholly by individuals Today there are only three Stockholders in jhe propertyW R. Rust, the Tacoma capitalist former Ambassador Hugh C. Wallace and Mrs Edward de Grof, widow of the original owner of the first property developed by the company
 The Chichagof mine is situated the west coast of Chchagof Island off the main travelled roads, where the owners and Manager James L. Freeburn and Superintendent William c. Freeburn have prose cued the development and operation of the property out of sight of the passing throng In the dozen years they have been at work they have developed chine composed of and appliances that is as nearly perfect as that employed in any mine any where and have paid than $5,O0O, 900 in divi- dends to their owners. And the end is not yet. By scientific development they have been able to keep blocked out always sufficient to at least two additional years of mining ahead. The development work, which is continuing is prosecuted without i'm pairing the mine output. Three four separate bodies of rich have been opened up since work began.
 
 gone improvements to the treatment until now in the larger mill, than 97 per of the values of the ore are being recovered less than cent. going to waste in the taiings. The property Is producing more than million and half year and more than million of that goes to the owners profits. This remarkable record speaks volumes for the quality of the mine and for the ability pro- hcency and industry of the modest management that pursues its course without seeking notorety even publicity of any There have been very few e and crews
 The record of this mine is inspiration those who are prospecting in the Chichagof Island region and developing prospects already discovered there. Those who best informed the outlook believe What in the course of time other mines great value will be opened up in that section of Alaska and add to the gold production and prosperity of the Territory
 It would not be fair to close comment upon the development of this big little mine-bg in results and little because the total number employed is only 160-without paying earned tribute matter how disaseful it may be to them, to Manager James L. Freeburn, whose work has stamped him IS one of the really great men engaged in mineral mining and the treatment of ores, and his capable Superin eendent, and brother, William c. Freeburn. They have worked with knowledge of mining and milling, skill and intensity of application soundness of Judgment and fairness to their employees and the public that is unsurpassed in the history of Alaska mining.