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Newspaper
Ymir Herald
Location
Ymir, British Columbia, Canada
Date
Jun 03, 1905
Page
4
The company plans to work rold redge Black Sand nugget placer leases at Hail Siding and buy required machinery. A limited number of fully paid non assessable shares are offered at a bargain. Ground averages 50 cents per cubic yard on 240 plus acres until edge rock is reached. Treasury stock of 200,000 shares remains intact.
The report details a vein over six feet wide with a small ore body delivering 840 to 850 per ton for shipped crude ore and 12 to 20 per ton for mill feed. Milling began in April with losses early, but December’s rich ore improved returns. A 145 foot ground above the No. level holds an estimated 4,000 tons to feed six months at about 14 per ton.
Platinum mining in British Columbia this year is reported confined to Gritnite Creek in the Sinmithdrubven area. The creek yielded only a small quantity, and ore output appears limited.
A historical report notes platinum has not yet been found in place in British Columbia, though placer debris shows wide abundance in province gravel. In 1902 the Quesnel River area in Cariboo District yielded notable platinum occurrences, prompting a special inquiry by an Eastern metals firm representative, with results not disclosed.
A fragmented list displays numerous business entries and names across trades including brokerage insurance furnishing drugs groceries printing stationery mine recording teamsters and undertaker services with several individuals and firms such as Widdowson Gleager Campbell Scott Brean Colman Masterson and Clark reflected in a busy occupational roster.
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