Local Mines Booming With New Investments
The Seattle Times notes a rush of capital into Washington mining properties amid rapid development and shipping milestones. Investors seek gilt edged assets, expecting multiple smelters to handle growing output, while Alaska gold flows set a backdrop of lower risk for local prospects. The Sunset ledge is highlighted as a potentially major copper deposit per Prof. Henry Landes.
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Golden Tunnel mine and copper stocks urged as quick investments
The Beattie Times notes copper fever in major cities with heavy speculation by traders in Detroit and New York. It highlights the Golden Tunnel mine in King County near Baring Station with a new pulverizer mill, a 260 ton daily water powered capacity, and a rich gold copper vein.
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