ALASKAN GOLDFIELDS.

Greymouth Evening Star, 22 March 1911, Page 6

ALASKAN GOLDFIELDS.

THE PORCUPINE RUSH,

WHERE FORTUNES ARE BEING MADE. (Pei' Independent Cable). 1 VANCOUVER, March 14. A well-known Alaskan prospector, Herron, who has just returned to Seattle from the Porcupine rush, gives a glowing account of the richness of the field.

He says that the ore is exposed all over the field, and that it is evident that a glacier cut the top off the mountain and carried it into the valley below.

One prospector stripped a vein for 50 feet and “polished it in places, displaying free gold. His trench is 3ft deep, and he asks £40,000 cash for it as it stands.

Augustus Heinze, the erstwhile “Copper King” in Montana, who came a financial cropper in the monetary crisis in 1907, expecyts to clean up £5,000,000 from the Porcupine field. He is already planning retributive litigation against those financiers who were responsible for his downfall. The construction of the railway to the field is being rushed forward. • The line has been completed for a distance of 100 miles, the remainder of the journey being negotiated by coaches, of which nearly 60 are running.