Show PAO AIN PLACES Leased For Five Years For An Aggregate Ag-gregate of 2650OOO Juneau Alaska Feb 27 vIa San Francisco March lTe nrouertv of the Pando Basin Gold Placer company is reported to have been leased to F P Voorhees who Is sad to represent a New York syndicate for five years The rental Is fixed at 2650000 and 20 000 Is alleged to have already been pad down The remainder is to be paid In quarterly Installments The Pando basin Is a lake out of which early iat January was drained sixt one feet of water through a tU1 nel in order to leave expose gold bearing sand on the beach A mining expert named Turner of New York reported it is said to the New York syndicate represented by Voorhee that the sand would Yield 83 and some cents to the ton and that there was then un that avele at least 7000000 in sight Many mining men here are incredulous over this deal |