Show t r ALASKA ALAK GOLD MINES ORE RESERVES BIG BIGIn In i to g an n Inquiry as 8 to the probable life of ot the Alaska lalka Gold Mines ln s jJ I properties when the mine mine- I In running at J full fun capacity of or tons dat dolly daily the te following fol foJ ol- ol V lowing H In is given Riven The only of ore reserves s which 3 Te f have havo appeared over the thO of or o cr engineers or entitled to make an i 11 official statement concerning thiM phase of the Alaska company's f affairs affair are arc ao 60 O.- O. I OOOO to toot ton This estimate was waR an made two years ers ago apo aJo Since then vertical erUC and lateral latr developments have havo o h taken place which in all aU conservatism may be Mid eald to double the tonn tonnage c of available ore Furthermore It con n eo bo be tate stated end and this I hs ha h. h a most important bearing beann on your yourI l I question that th the original estimates as asI asto I to o J recoverable values value and costs coats per pe tort ton tortI certain to bo be At Atthe I are certin 1 Improved e upon Un tho the outset It WM was w. w c calculated that tAt 60 per peT ton of oC ore could be b recovered at t a aco 11 co ost t of 7 cents cent Th Tb large bod boie Its of oC I bt higher hu grade crade e ore oro which ba have blo baboon boon been ban cut cutI make make- e I it rr reasonable to expect Tp ct that tho the I 1 average yield will 11 not nt be lees leas than 5 per ton and nd when hen a 2000 daily AUy ca capacity c. c ca- ca has hu been provided It will wi surprise sur sur- price prise those tholo in if 1 the tha total op op- t crating coats Cots of every er character ec exceed cents per er ton ton In a a. 4 vein tin mine It I Is I. I of or Impossible Imp sible Ible to make the accurate estimates as a to t available ore I which heh can cn bo be 0 made when dealing with the tho to large Jao shallow beds of oC copt cop cop- cp t cor er ore oro ore |