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Show I. GOLD STILL lEMBff m Sands Have Produced $50,-000,000 $50,-000,000 and May Yield That Much More. The naming of Seward peninsula. Alas-lcu. Alas-lcu. In 1S9S. was a" eomnwhnt tardy recognition rec-ognition of the man who had negotiated, amid Jeers and ridicule, the purchase of the great territory front Russia years before. be-fore. Nevertheless, this small arm of Ahu-ka haa proved fully worthy of the namej and while bonanza mining In the Nome region. Avhlch has produced over S.'O.OOO.OOO of gold, or foven times what Secretary Seward paid for tho whole of Alaska, 1st now mostly a matter of history; his-tory; the region still contains large bodies of gold gravels, many of which can he profitably exploited. It is not unlikely, according to the United States geological wurvev. that In the futuro more gold will bo won from these deposits than has been mined, in. J.ho past. Furthermore, though less definite, statement 1b possible con- I corning lodo mining. It Is declared by the fiurvcv that the field Ib well worthy of careful prospecting for gold vein deposits. de-posits. Tho geological survey has just published pub-lished a bulletin (No. 533), describing the geology of the Nbmo and drand Centra region of Seward peninsula, Alaska, hy Krcd TT. Moffit. Tho Investigation of the mineral resources of Soward peninsula penin-sula by tho survey was begun In ISflO, and geologic and topographic surveys have been - nutria at various times since. The present' report brings togother all tho information at hand regarding the oc- urrence of tho auriferous gravels of tho area Much of this Information Is stated to be of scientific interest only. as many of the rich placers havo been worked ouL However, a knowledge of their mode of occurrence will be valuable, valu-able, not only In this, but In other regions, re-gions, In helping to establish the natural nat-ural laws which determine the distribution distri-bution of gold In alluvium. As a record of one of tho richest placer camps of Alaska, the roport will have permanent value: moreover, as has boon stated, there still remain many largo bodies of gold gravols as yet unworked. In the earlier days of tho mining of tho rich seashore sands at Capo Nomo speculation was rlfo as to tho origin of the gold, even tho theory that tho gold came from tho sea being advanced. Old miners knew better than this, but it remained re-mained for a couple of geologists of 'the survey who were passing through and observing tho great city of tonts stretching stretch-ing along tho gold-rich beach to recognise recog-nise an undent beach on the higher love! which was presumably also rich In gold. A statomenC of this observation was immediately given out by tho geological survey, and prospectors woro also advised ad-vised to Investigate the beds of streams cutting in to tho coast which had originally origi-nally transferred tbe gold particles to tho beach sands. Subsequent development develop-ment showed tho old and prehistoric beach as well as the stream beds to he rich in gold, and several million dollars' worth was later taken out. Bulletin 53a Is v-il illustrated with photographs and maps and a copy may be obtained free on application to the director. United States geological survey, "Washington. D. C. |