The Daily Alaska empire., 1936-06-15
AMERICAN MINE INTERESTSSEEK
 SN|PE BAY ORE
Machinery Already Assem- bled for Undertaking
 40 Miles from Sitka
PRODUCTION OF 30,OO0 TONS, MONTH, PLANNED
E. W. Creevy of Chicago Heading Group Back
 ing New Industry

Verification of previous reports and estimates regarding a huge de- posit of nickel ore at Snipe Bay on Baranof Island, by two Swedish mining experts who have travelled half way around the earth in the last ten days to inspect the prop erty, is expected to result in i'm mediate development of mining project of tremendous importance to Alaska and to the United States.
 E. w. Creevy, of the Creevy Trading Company, Import and Ex- port, Chicago, who represents the capital interested in developing the nickel mine, Ture Haglund and Dr. Eric Hoegheb, Swedish mining en- gineers. arrived at Snipe Bay, about 10 miles south of Sitka on the west coast of Baranof Island, last night aboard the PAA FairchiId .seaplane. flown from Seattle by Pilot Mur- ray Stuart
 Halt Million tn Machinery
 The two Swedish mining spec ialists who stayed last night in Sitka, will inspect the property and report their findings within the next week. and if their report is favor able immediate development of the property will follow. MT. Creevy. who arrived here last night aboard the plane. stated that equipment costing between s500,000 and $60O,- 100 is already being assembled in the States for installation at Snipe Bay if the engineers report is fa- lvorable. The equipment win be used elsewhere in Alaska for mining de- velopment, he said if the Sn'pc BsJ project should prove unfeasible.
 Advance reports indicate that t''c deposit. owned by Sam IT. P Vty- clc.ad inolrdeg at least four n4.I.an ton. os hiel,-grade ore which con- tan two perc'nr nick !, and vary in MaNn'5 or copper. gold, iron an ther minerals. Proposed plans for aevc'7pment of the ore body at pre- nt include installation of equip ment With capacity of 30,000 tons per month. The ore body lies above sea level, he stated. and develop ment will be quarry operation"
 Shipped to Speden
 The United States in the past has lacked almost entirely supplies of nickel. and no American nickel smelter exists. The ore from .Spipe Bay will be shipped to Sweden for recovery of the metal. Only one toth- ed known deposit of nickel exists on the North. American continent. located at Sudbury. Ontario, own ed by International Nickel. at pres ent in control of world production of the metal The Snipe Bay ore yields three-fourths percent higher than the Sudbury deposit, MT. Creevy said.
 Installation of equipment for de- yelopment of the Snipe Bay mine will require about 120 days, MT. Creevy said. The deposit is located at the entrance to Snipe Bay, and suitable dockage facilities will be built at the nearest sheltered point, about mile and one-half distant from the mine, he said. and the ore will be transported to the dock by conveyor system
 Ture Haglupd, who is consulting mining engineer to the Swedish gdy- ernment. holds basic patents in Sws- den and the United States on stain less steeL He once saved his: ooun- try several million dollarS by pro- ducing high grade gold ore from mine, which defaulted to the Swed- ish government when Ivar Kreuger. the match king. killed himself to avoid bankruptcy. The mine has since become Sweden's largest gold producer.
 Dr. Eric Hoegbom, who is con- sidered to be one of the best con- sulting geologists in Europe, is vis- iting the United States for the first time.
 Reach in Ten Days
 The two Swedish scientists trav- eled from Stockholm, Sweden. to Snipe Bay. on Baranof Island. in almost exactly ten days. They left Stockholm, on June 4. at 5:30 p. m, crossed i the Atlantic ocean aboard the Bremen, travelled by United. Air liner to Seattle. and flew by PAA plane from Seattle to Snipe Bay, arriving there a few minutes
 Continued on Page Two)