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SPECIALIZING IN
MINING NEWS OF THE
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HYDER WEEKLY HERALD
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SUBSCRIPTIONS
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IN ADVANCE
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VOLUME NO. 9, NUMBER 8.
HYDER, ALASKA, SATURDAY, DECEMBER 3, 1932.
BY THE YEAR ?3.00
UNICORN REPORT SHOWS
SPLENDID OUTLOOK
Development results of the
most promising character on
the free gold bearing veins of
the Unicorn Mines property on
the east side of the Big Missou
ri, are disclosed in the annual
report of the company, issued
last week by John Hovland,
president and managing direcf
or. The report in full fol
lows :
Considering o u r limited
means for carrying on, the re
sults of the past season’s work
have been most gratifying.
Two facts of major import
ance regarding Unicorn ore de
posits have been learned.
1— We have definitely prov
en there is a series of strong
east-west cross fractures in the
main north-south mineral zone,
lying on the west side of Union
creek.
2— We have practically es
tablished the existence of an
extensive north-south ore zone:
to be known as the Unity Ore j
Zone. Descriptions of the !
above will be covered in the !
following report.
Cross Fractures:
It has been known for some
time that fissures, with an
east-west strike and a slight
southerly dip, existed in the
main north-south mineral zone,
lying on the westerly side of ‘
Union creek. It was also known |
that in certain places these j
cross veins contained import
ant gold values. But until this
year, ^insufficient surface ex
ploration had been carried on
to demonstrate their possibili
ties.
Realizing the possibilities in
a strong series of veins cross
ing our main mineral zone at
right angles, we devoted a
large part of the past season to i
surface exploration in part of
this area. The results sur- j
passed our expectations. Par- j
tial description follows:
“D" Vein:
This is apparenty the strong-;
est O'f the cross fractures ex- j
plored this year. The strike j
is N. 83 degrees E. and it has |
been traced on the surfacej
with open cuts for a distance
of 200 feet. At a point 250
feet west and 250 above No. 3 !
tunnel, a large, deep cut was!
made across the vein (20 feet).
Assays from this cut gave aver
age values from $2 to $4 in
gold across a vein width of 15
feet. The mineralization con
sits mainly of pyrite, together
with lesser amounts of sphal
erite and galena.
New Cross Fractures:
About 150 feet north of the
“D” vein and at an elevation of
320 feet above No. 3 tunnel, a
CHRISTMAS TREE PLANS
LAUNCHED BY MOOSE
In keeping with their custom
of many years, the Moose lodge
inaugurated this week plans
for the annual Christmas Tree
entertainment for the children
of Hyder by appointing a com
mittee of local ladies to have
charge of the arrangements.
The committee consists of
Mesdames Frank Fisher, Hol
ger Johnson, L. L. Legge, F.
Bushfield and E. D. Haddon.
The Moose have provided an
allotment of funds to meet ex-v
penses and the public will also
be asked to contribute. De
tails of the arrangements will
be announced later.
new east-west vein was discov
ered. Where exposed, the
width is about 4 feet and nat
ive gold can be seen. The vein
is mineralized with pyrite,
sphalerite, galena and some
native gold. Approximately
40 feet farther north and at the
same elevation, another new
and paralleling vein was dis
covered. This is much larger,
the width being 20. feet or
more. Assays gave an average
value of $3 in gold over a vein
width of 20 feet. The mineral
ization consists o f pyrite,
sphalerite and galena.
“E” Vein:
inis vein is located aoout tu
feet north of the last described
cross vein and has the same el
evation. The strike is similar
and the dip southerly. The
width is from 1 to 3 feet and
the vein has been traced about
300 feet on the surface.
For some time we have known
that good gold values could be
obtained from this vein, there
fore we decided to drive a tun
nel on it to determine if it
would hold its size and values
on depth. The new tunnel, No.
4, was driven from the east
side of the hill. It is situated
90 feet below the highest vein
outcrop and at an elevation
247 feet above the No. 3 tun
nel. Results were very satis
factory. We drove this tunnel
on the vein about 40 feet and
while doing this, found speci
mens showing native gold. As
says as high as $40 in gold
across a vein width of 16
inches were obtained. The
mineralization consists of py
rite, sphalerite, galena, a little
chalcopyrite and occasionally
visible native gold.
Other Cross Fractures:
About 400 feet northwesterly
from No. 4 tunnel and directly
west of No. 2 tunnel, we have
two east-west veins. Their el
evation is approximately 400
feet above No. 3 tunnel and
they are about 30 feet apart.
The mineralization is mainly
PUBLIC LIBRARY
OFFICIALS CHOSEN
Officers and directors for the
coming year were named at the
annual general meeting of the
Hyder Public Library, Incor
porated, held in the library
building Friday evening.
The new official roster in
cludes the following directors:
Chas. F. Sandford, president;
Frank Reichenbach, vice-pres.;
Mrs. H. W. Thomas, Mrs. Hol
ger Johnson, B. B. Smith, C. B.
Hager, Richard Wirth. Other
officers elected included Mrs.
E. L. Dale, secretary; T. H. Ev
ans, treasurer;B. B. Smith, li
brarian; Mrs. Ray Snyder and
Patrick Stapleton, assistant li
brarians.
Mrs. Johnson, Mrs. Thomas,
Mrs. J. A. Hall and Mr. B. B.
Smith were appointed to suc
ceed themselves as members of
the book selection committee
for the next quarterly period.
With the exceptions of Mess
rs. Sandford, Reichenbach and
Stapleton, all the new officials
were members of the preceding
administration. Mr. Sandford
was named to succeed Ernest
Blue, who will leave shortly for
the south.
A report by treasurer Evans
showed the library on a sound
financial basis and librarian
Smith reported that circulation
has been keeping up fairly
well and that there has been a
slight gain in membership dur
ing the past year.
The next meeting of the di
rectorate will be held January
6 at 8 p. m.
pyrite, sphalerite, galena, to
gether with small amounts of
chalcopyrite. Assays from $30
to $40 in gold have been ob
tained across vein widths of
two feet. No work was done
on these veins this season.
Near the more southerly of
the above mentioned veins we
have an interesting occurence
that deserves further explor
ation. At present it is exposed
by one open cut which gives
but little information a3 to ex
tent or otherwise. Assays from
$3 to $4 in gold were obtained
over a 20 foot width in this cut.
The mineralization is pyrite,
together with small amounts of
sphalerite and galena. Work
will be continued on this depos
it next season.
No 3 Tunnel:
At this point in the report 1
feel some mention regarding
No. 3 tunnel would be advis
able because of the frequent
references to it and the relat
ion to the Unity ore zone de
scribed later.
The portal of No. 3 tunnel
is situated on the west side of
Union creek near the Unicorn
I THROUGH HYDER RATES
ON BOTH S. S. LINES
Inquiries addressed to the
Noyes Boat Company disclose
that freight for Hyder may be
shipped from Seattle on either
the Alaska Steamship or Ad
miral Line vessels at the pre
vailing through rate charge of
$8.50 per ton.
In their reply the Noyes comp
any said they have through
rate agreements with both
companies and shippers may
specify shipment by either one
when ordering goods from Se
attle. The freight charges will
be the same in either case.
Big Missouri boundary line.
The elevation is approximate
ly 3200 feet above sea level.
The course of the tunnel is N.
25 degrees W. for 321 feet,
thence N. 10 degrees W. for 88
feet. This tunnel was driven
for the purpose of cutting and
exploring the “A” vein at
depth. It was planned to event
ually explore at depth the en
tire mineral area west of Union
creek by crosscutting from it.
The “A” vein is the largest
and strongest east-west deposit
on the property. It has a width
from 40 to 50 feet and has been
traced by surface cuts for 600
feet. The dip is southerly and
the elevation about 150 feet:
above the No. 3 tunnel. The
surface outcrops are 330 feet
northerly from the present
heading of No. 3 tunnel and at
this point surface cuts expose
a good shoot of ore on the foot
wrall of the vein.
Unity Ore Zone:
Our knowledge regarding this
deposit is limited because al
most the entire area traversed
by it is heavily overburdened
and our information has come
piecemeal. Four years ago,
some exploratory work was
done on a large quartz outcrop
on the Unity claim, lying about
2000 feet northwesterly from
the portal of No. 3 tunnel and
about 500 feet higher in ele
vation. This outcrop lies just
south of a large granodiorite
dike. Good results were ob
tained from this work. Assay;
from 5 foot sections gave re
turns of $4 in gold and 10 ounc
es silver. This gave us our first
information of what we now
call the Unity ore zone. Later
that season, about 550 feet
south of the Unity cut, No. 2
tunnel w-as extended a short
distance and a highly silicified
and mineralized zone broken
into for a few feet. This occur
rence is nearly in line wdth the
Unity claim exposures. No. 2
tunnel is situated about 1100
feet northerly from the portal |
of No. 3 tunnel and is 200
[feet higher in elevation.
A. J. EARNS $88,000
NET ON 68-CENT ORE
Mining ore averaging only 68
cents per ton, the Alaska Jun
eau mine made a net profit of
$88,000 in October, according
to the monthly statement of
estimated returns from oper
ation issued by the Alaska
Juneau company.
The total recovery from 354,
520 tons of ore mined and
milled was $240,500 and
yielded a surplus of $92,600.
Gold recoveries totaled $241,
000. Lead and silver recover
ies amounted to $500, making
an average recovery per ton in
all values of 67.84 cents. Min
ing and tramming costs
amounted to $140,000, an av
erage of 39.47 cents per ton of
ore, and other operating and
incidental expenses totaled
$12,500, leaving an operating
profit of $88,000,or an average
profit of 24.82 cents per ton of
ore handled.
-o
In response to many inquiries
regarding the history of Presi
dent-elect Roosevelt, the Her
ald presents on page 3 a digest
of the important events of his
career.
The “Shot-Tite Revue,” pro
duced in Stewart last night un
der the auspices of the Canad
ian Legion, will be presented
again this evening. Modeled
on the lines of the Associated
Oil Company’s humorous radio
presentation, the “Spotlight
Revue,” the Stewart perform
ance is filled with merry tunes
and clever gags and is well
worth seeing., according to
those who attended the initial
performance.
In 1907 the cost of govern
ment in the United States was
one-eighth of what it is today.
Last year, due to certain re
sults obtained while driving
No. 3 tunnel, we deemed it ad
visable to drive a crosscut (No.
101) westerly from a point 370
feet north of the portal. The
bearing of this crosscut is N.
b8 degrees 30 minutes W. It
was driven 35 feet last year
and extended about 15 feet
this season. This work expos jd
a well defned, silicious ard
heavily mineralized zone. The
heaviest mineralization is con
fined to a 5 foot width and con
sists of pyrite, sphalerite, ga
lena, and occasional particles
of visible native gold. This
occurrence also apparently
lined up with the two above
mentioned deposits.
After a transit survey of the
entire area, we concluded the
Continued on Page 3