Please Turn On Your Sound To Hear Virtual Tour Narration Excerpts
History of the Bowser Creek Project
The Win Group of Claims is unique in that unlike most mineral prospects, this project has documentable reserves. The experts who have made this determination are geologists from the U.S. Geological Survey, Homestake Mining Co, the State of Alaska, and consultants who were employed by Homestake. This Win Claim tour is based on a collection of geological bulletins and reports of investigation on the area and property written by experts not in the employ of Murray Mining ó see the Table of Contents, following.
During a heavy metals investigation of the southern Alaska Range in 1967 a U.S. Geological Survey Team discovered occurrences of lead, zinc and silver of potential economic significance. USGS Circular 559 described the find and reported assays of 52.2, 56.3 and 309.8 ounces of silver per ton.
Following the release of Circular 559 I staked the ground for a small limited partnership that was to become The Alaskamin Company. At this time they entered into a joint exploration venture with Homestake and Granby Mining Companies. For the right of first refusal, these major mining companies supplied geologists and operating expenses for a summer's season of mapping and sampling.
The work accomplished was the blocking out of surface exposure (depth measured by trenching and a visible vertical plunge) of 54,000 tons with a weighted total of 7.199 oz/ton Ag, 2.82% Pb, 3.05% Zn, and 0.11% Cu. Within this total, a width of 20 feet was mapped to have a weighted average of 50 ounces of silver per ton.
Professionals who examined the property were impressed with the potential of continuity beneath the talus surrounding the mineralized outcroppings, and the possibility of a very large mineral zone which could be mineable by surface methods. Dr. Neil Campbell, for Humble Oil and Refining Company reported atomic absorption assays for copper at 1.50, and 2.80%.
In March 1980, I acquired the rights to the property and re-staked 75 forty acre State of Alaska claims in my own name. Since then, to satisfy an annual assessment work requirement, Murray Mining [principal, Barry Murray, a professional prospector/ landsman since 1955] has continued a trenching and sampling program under the direction, in part, of geologist Todd Christensen.†
At this date, the assessment work for the previous season has been duly filed with the proper authorities, $100 per claim ($7500), and the rental payment (a program started by the State of Alaska in 1990) has been made by Barry G. Murray, who is 100% in control of the claims.
Our most recent "finds", upon a second intrusive that missed being evaluated in the 1960's, has returned sample values in Au of .136 and .423 oz/ton (the first gold values reported for this property), and an average of 7 oz/ton Ag across 324 feet. However, this sampling has not been verified by outside professionals.
The remoteness of the Win Claims has been the only negative point raised by geologists examining the property for Cominco, Hunt Oil, Anaconda, Exxon óother than a depressed silver market, which untill the price of silver topped $8.00 has been an industry wide problem.
Cominco, with their Red Dog project 120 miles above the Arctic Circle (85 million tons indicated, 2.4 oz/ton AG, 5% PB, 17% ZN) required a haul road of 55 miles to become a viable operation. The State of Alaska, responding to Cominco's needs and demands, built it!
At present, access to the Win Claims is by air, 120 miles from Anchorage. There is a landing strip which with a little work could handle large freighters carrying compact state-of-the-art milling equipment. A proposed road to McGrath, and Nome, as show on the map below, has been surveyed by the State of Alaska, but there is no date projected for this project to begin.†
The breakthrough needed to make this property economically feasible may have came about when the U.S. Bureau of Mines released a Report of Investigations, RI 9022, Recovery of Silver, Gold, and Lead From a Complex Sulfide Ore Using Ferric Chloride, Thiourea, and Brine Leach Solutions. This study shows how to solve the difficulty of milling complex concentrations of sulfide lead/silver/gold ore, as the Bowser Creek ore. It is simple, inexpensive, low-pollution way to process the known reserves. And as the end product is almost pure metal óinstead of heavy concentratesó it is conceivable that a road might not be necessary.
Address: 1121 Harrison Ave. Ste. 333 Centralia, WA 98531 E-Mail: firstname.lastname@example.org
© 2006-2012 Property-Prospect-Showcase.com, all rights reserved