at

Mining Production in the NGorthern District was Noearly $I 1,000,000

[ox

1c?

MINING

HE year 1926 was marked
by noticeable progress in
all branches of the min-
ing industry — prospect-

ing, development and production.

Prospecting has been greatly en-
couraged by the assistance rendered
by the Department of Mines in
property examinations, trails, cheap-
er power, etc., also by the fact that
more capital is available for the de-
velopment of meritorious prospects.

Development has been greater
this year than ever before in all parts
of the northern portion of the proy-
ince, and particularly in the Stewart,
Alice Arm and Kitsumkalum Lake
sections. A great many properties
were under development during the
summer season on which work will
be resumed as soon as weather con-
ditions permit. Several properties
had work carried on continuously
through the winter and indications
are that the coming year will prove
some new producers.

Production was about the same as
last year, reaching nearly $11,000,000

in the three metals produced in this
north country, viz.: gold, silver and
copper. This makes a total produc-
tion in the last five years of over
$50,000,000, and approximately
$100,000,000 in the last twelve years,
previous to which the output of this
part of the province was negligible.

The output of the Granby Consoli-
dated Mining, Smelting & Power Co.
was the greatest in 1926 in the his-
tory of the company.

The Premier Gold Mining Co.
paid dividends during the year
amounting to 1,600,437, or 34% on
capitalization, making total dividends
of $9,750,437 in about six years, out
of a total production of approxi-
mately $21,000,000. The future of
the property is very promising.

The Dunwell, Big Missouri, B.C.
Silver, Lakeview, Terminus and
several other properties under devel-
opment are giving great promise.
The country is at the stage now
when capital is badly needed for
efficient exploratory work.

MINING STATISTICS FOR 1925

Name. |Ore mined) Gold. | Silver. | Copper Lead. Zine.
: ir [Sepelions sm O 7a Oz: baa |S Webs Lb.
Esigimeen 22-3 es Sr ae ee 1,700 | 1,867 | roto fo tal ae oe eke ae |
Cherokee 10 | 1b | 1,898 | |
BS peLanz Ate eee see eee | 156 | tat 8,086 |.
Golskeish’ ......2:.---- Reece me 5,264 | 473 | 2,746 | ..
Hidden Creek and Outsider ........ 17.| 6,997.) 377,910 | |
1G bh i ene aeee ee Pay BAIS BER ar Canin sERC a saat 16Ss2550) 3 | 2212s |
|BYSIbasYO\0 eee Bee ee gre OAs 2 78,640 | 35,086 | 21,273 | eee we
GOLD et ee 2 il 82 | | 648
[BRIN AVIO\ Je: cheers Sieg te= pee eRe ead eee 9 | 1,462 | | PAYS) |
Dandy .... fi | 215 4,915
Indian! =.=: ess 30 | 371 Par al OLON
Porter-Idaho 177 21,735 Si 5273867 |
Premlleriessen see 168,557 He223 03:00 On |e ee | 785,330 |.
Silwerad One t or tee ett eee 2 | 320 | A) Desh see
Spider ....... Th 3 | 2548 Os | Sree cece 1,086 |
Silver Crest . fen tee OT wt ects nt ace as |e
Terminus .. Gielbeeaeee WES OO | sor es eeece 308
| | | i:
Totals, 1925 1,417,843 | 162,917 | 2,807,059 | 40,187,625 | 842,739
Totals, 1924 | 1,297,268 | 180,463 | 3,500,779 | 36,618,688 | 508,711
| | |
WmCreaiS@t) sereceses eee ere tare Nines 2 O17 ee eres eeeteeteetn | oeeenctesecacceve 3,568,937 | 334,028
Decrease ... HU7, AOm te OO Dela ni | eeesee eeeeeecreeene lecgut gees