Show ALASKA GOLD GOL MINES WilL RAISE Mill TONS Alaska lak Gold Mines is I. the newest sen een sensation len len- of the mining properties Development qt operations operation on this Juneau estate have hae not only resulted Iti th placing a a. a considerably Jar large t tonnage of at ore or In Insight InSight sight eight than tho the engineers had but a goodly o ly porton portion of very high grade gado Is coming in As a result of ot this Im Improved improved im- im proved showing showing showing- It Is said sIC that the com company com pany will wi got get getup up lp plans plane for tor Increasing the tho mill ml capacity from tons ton I. I aa u originally designed to ton tor tOns This will place It on the same basis basl basl as Utah Copper but at times I 1 show how a larger larer YI yield 1 than than th the Bingham pr properties porle by reason of tho Alo Alaska ka product being a more mora staple article Ie Of the property conditions and the new plan 5 for tor mill ml construction n the News New Bu Bureau Bu Bu- run reau reu has ha th the following to say MY The Tho surprising strength of at Alaska Gold shares In a generally weak market marke In Is due to buying by people who ho are r keeping keepinG close watch of or the ore developments It seems eeme that th the crosscut from the bottom I of the shaft haf ot the connection with wih the Sheep Creek tunnel was through what what would commonly be called caled country countr rock ock underlying under under under- lying the of th the v vein ln but hilt most unexpectedly it developed that forthe last lat feet before It reached reache the tile of or the vein It ran through a gabbro material which was a gold bearing and which was as not known knon from om an any previous developments developments develop develop- ments above e abo to be In existence nce in the tho property All MI feet teet was in com i material and the tho last lat ten tan feet teet averaged 00 pea pec per ton running up In some ome places to as a high 1 per ton ton In addition to this It will wU be recalled that the Alexander tunnel coming cominS in from tram Silver Bow basin buln ab it mid midway WiY In to toward toward to to- ward wr the Perseverance lt vein cut a formation forma fona- fona tion ton which Is now known as No 2 vein velm This Is developing satisfactorily but still sUi further to the north and entirely distinct entre from the Perseverance or the No 2 vein there has been opened up on what Is known as a No 0 5 S level where level where the No 1 shaf to the surface surface for for a distance tanco of or feet a third and recent development develop develop- ments menta thereon show a width of ot 15 feet averaging 3 per por ton Following the tho original policy set eel forth by the management the thee first section of the mill ml should ro go o Into operation the end I of ot this year ear This will wi be followed by byI succeeding sections every thirty da days s 's or orI I I so and In about ninety ty days after startIng start start- ing InS the first section sib nil 1111 mechanical adjustments adjust adJust- ments monta should be b so o perfected that the company should be he able at that time to start immediately tely upon deshna for the ton addition additon bringing ln the tho total ca- ca the thc plant up to tons p per r da day It is I not Dot the Int Intention of or the management management manage manage- ment In an any wa way shape shane or manner to do any financing before 1915 1916 or until the time It determines definitely upon the construction tion ton of the enlarged mi mill The annual annual report of ot the company compari Is in preparation and should be read re ready for pub within the tie next two two- w weeks |