An Opportunity For You
TO INVEST IN ONE OF ALASKA’S
MOST PROMISING GOLD MINES!!
CACHE CREEK GOLD MINES COMPANY IS NOW IN PROCESS OF BEING ORGANIZED UNDER THE LAWS OF THE TERRITORY OF ALASKA, FOR THE
PURPOSE OF MINING AND MILLING GOLD ORES.
The Company will own Nino Rich Quartz Mining
Claims on Nugget creek, a tributary to Cache creek,
known as the Cage property. Mr. Gage knocked out
gold nuggets of the ledge, with a claw-hammer, at the
rate of over $50.00 per day.
The names of the Mining Claims are as follows: The
Iron-Gold, Sunbeam, Jumbo, Hansom. Gold-Dust. Blue
Bell, Ptarmigan, White-Bird and Gold Hill, comprising
an area of 180 acres.
On the Iron-Gold and Sunbeam, claims is a large
Porphyry Dike running through the claims, for 3,000
feet, in some places 100 feet wide. This dike is full of
Quartz Veins carrying high values in gold.
In a letter written to me, and a copy printed below,
Mr. Gage goes into details, telling the richness of the
property, and the amount of development work he has
done on the above mentioned claims. He also describes
the amount of work he has done, on the Ptarmigan and
White-Bird claims. On these claims is also a large rich
vein or dike, 30 find in width, that runs the entire length
through the claims, a distance of 3,000 feet. Both of
these large veins or dikes have already been sufficiently
prospected to ascertain the values.
TONNAGE IN SIGHT.
It is impossible at this time to figure the amount of
ore tonnage in sight on this property, but from the data
at hand it figures into millions. I am here also quoting
copies of letters written to me by Mr. Boleslaw Rittha
mer, Mr. W. A. Baker, and Frank Irwin. These people
have thoroughly prospected the ground and know what
they are talking about.
The ore on this property can be quarried out, and a*
dozen men can keep a 100-ton mill busy. A half dozen
holes sunk down across the dikes with Churn Drills to a
depth of 15 or 20 feet, sprung with Giant and loaded with
Pdaok Powder will break loose over 100 tons of ore at a
time. This is the cheapest kind of Mining
WATER AND POWER.
There is sufficient water on Nugget creek to operate
a 100-ton mill.
The Cache Creek Gold Mining Company will be cap
italized for 5,000,000 shares, par value, $1.00 a share, ful
ly paid, and non assessable. Four million shares will be
placed in the treasury, and 1,000,000 shares, or only 1-5 of
the capital stock will be distributed among the owners of
the mining projiertv. The owners of this property are
not trying to hog all the stock, which is usually the case,
hut are satisfied with a small portion and let the public
who put up the money have a chance also.
It is understood between the owners of this proper
ty, that 1,000,000 shares of treasury stock will be placed
on the market at 10 cents a share, and the proceeds used
for supplies, camp buildings, preparing the ground for a
mill, aud for the purchase of the milling machinery.
It is our intention to install at least a 50-ton mill on
the property, or a 100-ton mill, if we can get the necessary
funds.
We have the ore and lots of it. and what we want is j
a good-sized mill.
Mr. Gage only asks for a small mill, but I will do my
best to raise enough money for at least a 50-ton mill to
start with, and there is no doubt in my mind but that I
will raise it easily on a rich layout like this one. In fact,
this proposition looks so big to me, that I cannot even
make an estimate of the possible production of the mines, |
until I make a thorough investigation and see the prop-"
ertv for myself, and should the property prove to be one
half as good, or even one-fourth as good as the boys
think it is. this stock will bo worth dollars instead of
cents.
The articles of incorporation have been signed and
mailed to the territorial secretary, of Juneau. Stock
books ordered printed, and stock will be ready to be de
livered, on or about May 1st. A board of five directors
will be selected, out of the best citizens in Anchorage.
This Gage property certainly looks good to me. It
almost looks too good to be true. I have samples of ore
Mr. Gage gave me that will assay into the thousands of
dollars to the ton, but the evidence of the miners who
have been on the ground is unquestionable. They have
panned the rich rock, and know that the gold is there in
chunks. Just think of quartz panning as high as $3.00 to
$5.<X) to the pan! I believe that somewhere under the
big blow out, on the Iron-Gold claim, will be found the
Pot of Gold, or chimney, where all this arold came from.
The boys tell me that there are hundreds of small veins, 1
all shot full of gold, in the blowout, and 12 of them, are
of good size, one vein in particular is about 12 inches
wide, and full of gold nuggets.
This big blowout is about 900 feet long, and about
100 feet wide, all rich pay.
Nugget Creek is the richest creek in the Cache creek
district, and has already produced nearly one-half mil
lion in gold. No doubt this gold was washed down from
the veins of the Gage property, as they have found large
quartz chunks in the sluice boxes that were almost dne
half gold.
*1 have told you all about this property as told to me.
Now. I am asking you to take a chance, and buy some
stdck. The proposition looks to me like a sure winner.
Thousands upon thousands of tons of rich ore ready to
quarry out, find put through a mill. You have a chance
now to get this stock at 10 cehts a share, but after the
snow is gone, and I have made a personal investigation
of this property, and should find the mines to be one-half
as good as the boys think they are, the stock will proba
bly cost you more money than you would care to pay.
You may call it a gamble, if you like, but I believe it is a
good one. “Don’t hesitate, but subscribe for some of
the shares, today.”
I am now offering for sale, to the public, shares in
the Cache Creek Gold Mines Company, at the ground floor
price of 10 cents a share. These shares can be bought to
suit the purchaser, either for cash or on the installment
plan; a discount of 10 per cent will be allowed for cash.
For the convenience of the purchasers of stock, I am
quoting tables, as follows :
CASH TABLE
$ 45.00 Cash Buys . 500 Shares
$ 90.00 Cash Buys . 1,000 Shares
$135.00 Cash Buys . 1,500 Shares
$180.00 Cash Buys . 2,000 Shares
$225.00 Cash Buys . 2,500 Shares
$270.00 Cash Buys . 3,000 Shares
$360.00 Cash Buys . 4,000 Shares
$450.00 Cash Buys . 5,000 Shares
INSTALLMENT TABLE.
On this plan, you may purchase your stock, on 10
monthly payments, 1-10 down, and the balance in nine
equal monthly installments.
$ 5.00 Down and $ 5.00 Monthly, for 9 Months, buys 500 Shares.
$10.00 Down and $10.00 Monthly, for 9 Months, buys 1,000 Shares.
$15.00 Down and $15.00 Monthy, for 9 Months, buys 1,500 Shares.
$20.00 Down and $20.00 Monthly, for 9 Months, buys 2,000 Shares.
$25.00 Down and $25.00 Monthly, for 9 Months, buys 2,500 Shares.
$30.00 Down and $30.00 Monthly, for 9 Months, buys 3,000 Shares.
$50.00 Down and $50.00 Monthly, for 9 Months, buys 5,000 Shares.
Anchorage, Alaska, March 27th, 1917.
Mr. George Anderson,
Anchorage, Alaska.
Dear Sir: „
In regard to your request for some reliable data on the Gage
property in the Cache Cree-k Country, I can say, I was on the prop
erty at the time Gage and Baker were doing the work, and saw them
pan the ore, and at that time they were dragging down the ore in a
raw-hide from the claims on the mountain and hammering it out with
a claw-hammer. I don’t know much gold they got, but what they
were hammering out was very rich. I know they have a big blowout
on their claims, very wide and several hundred feet in length, full
of rich quartz stringers and very rich in gold. I have been in and
around that country off and on for about nine years and I have not
seen anything in the way of a quartz property or district as good as
the district where the Gage property is located.
The hanging wall of the large ledge is what is known as Gray
wacke and the foot wall is black slate. If a mill was installed on this
property a large amount of money could be made out of it in a short
time- Yours truly,
FRANK IRWIN.
(Copy of original letter.) . .
Anchorage. Alaska, March 24th. 1917.
Mr. George Anderson,
Anchorage, Alaska. ¥
Dear Sir:
You asked me in your letter what I know about the C. M. (rage
quartz property. The property consists of eight mining claims and
is located at the head of Nugget creek. There are two large por
phyry dikes on the property shot full of quartz veins, some of them
a foot in thickness and very rich in gold. This property is well known
among the oldtime sourdoughs and miners of Alaska. I have seen
ore come from the property that would assay from $10,000 to over
$100,000 to the ton. One of the dikes is oyer 100 feet in width. All
carry rich free-milling ore. The other dike is about 00 feet wide
and can be seen on the surface for over 3,000 feet. I have seen
gold hammered out from this dike with nuggets as large as brown
beans. This ore body is ready for a mill. A small mill will grind out
thousands of dollars daily, and if a medium mill was put up we could
take out a fortune in a season. You know that right below this Gage
property on Nugget creek, they have taken out nearly one half mil
lion dollars in placer mining, and no doubt most of this gold came,
and was washed down from Gage’s property and ledges. There is no
doubt in my mind but that this property is the richest free gold prop
erty in the territory of Alaska, and will produce millions of dollars
in the near future.' A dozen men will keep a hundred-ton mill sup
plied with ore. There are millions of tons of ore in sight ready to
quarry out and put through the mill, and when the snow is off and
you can see it for yourself, you will say that I have underestimated
what I tell you in this letter. I have told you the truth to the best
of my knowledge and belief.
Yours truly,
BOLESLAW RITTHAMER.
(Copy of original letter.)
Anchorage, Alaska, March 21st, 1917.
Mr. George Anderson. Anchorage, Alaska.
Dear Sir:
I am herewith enclosing you data pertaining to the Iron-Gold,
Sunbeam, White-Bird, and Ptarmigan Mining Claims in the Cache
Creek Country of the Susitna Mining District, Alaska.
I have expended thousands of dollars in surface labor and work
on the above claims in the last five years.
Iron Gold Mining Claim.
The development work on the Iron-Gold Mining Claim consists
of, No. 1, open cut 12 feet in depth, 20 feet in length and pans about
$50.00 in gold per ton. No. 2, 16 feet in depth and 4 feet wide, pans
about $100.00 per ton. No. 3, open cut 7 feet deep and 4 feet wide,
pans $80.00 per ton. No. 4, tunnel in about 25 feet on a rich quartz
vqjn about 12 inches wide, where I broke up quartz wnth a claw-ham
mer, netting nie over $50.00 per day for about two weeks time.
Sunbeam Mining Claim.
The work on the Sunbeam Mining Claim consists of, No. 1, open
cut 9 feet in depth and 4 feet in width, and pans in gold about $55.00
per ton. No. 2, open cut 7 feet deep and 5 feet wide, pans about
$50.00 per ton. No. 3, open cut 8 feet deep and 4 feet wide, pans
same as No. 2. No. 4, open cut 5 feet deep and 3 feet wide, pans
also about $50.00 per ton. No. 5 is a shaft which I sank 30 feet
deep. The size of the shaft is 6 by 4 feet; from this shaft I took out
1,700 pounds of ore, raw-hided same down the mountain 1,400 feet,
pounded up ore in morter and got $176.00 worth of gold.
This vein crops on the surface for over 900 feet and averages
from 3 to 10 feet in width. I have started a cross-cut tunnel for this
vein and am now in 50 feet. I think in about 20 feet I will catch this
rich ore body. On this large rich vein is another open cut 6 feet
deep and 3 feet wide.
White-Bird Mining Claim.
On this claim is a large open cut 20 feet deep, 30 feet wide and
80 feet long. Part of this big vein pans heavy in gold. I have had
a dozen assays taken from this big vein that goes irom $32.00 to as
high as $1,700.00. This big ore body runs through the entire length
of this claim and extends through the Ptarmigan claim. Also, all to
gether we have 3,000 feet of this large rich vein.
Ptarmigan Mining Claim.
On this claim is an open cut 12 feet deep and 5 feet wide, and
pans like a house a-fire, often pans from $150.00 to $200.00 per ton.
This is in No. 1 cut. No. 2 cut is 8 feet deep and 5 feet wide, and
pans about .the same as No. 1. No. 3, open cut 4 feet deep and 3
feet wide, pans also about same as No. 1. No. 4, open cut 4 feet
deep and 4 feet wide, also pans just as rich as No. 1. No. 5 is a
sn >1 open cut 3 feet deep and 4 feet wide. All these open cuts I
sp. ak of are on this rich, large ore body, and pan, in free gold, all
alike, and in my judgment, this ore will mill about $200.00 per ton.
In regard to the one foot vein on the Iron-Gold Claim, I believe by
driving that tunnel 50 feet farther we can take out a good many
thousands of dollars in a few weeks, with a small five-ton mill.
That kind of grade ore that I hammered up with a claw-hammer,
I believe would run from $500.00 to $1,500.00 to the ton.
The other Claims cover the rich veins also, but I have not done
much work on them yet.
Get me a small mill Anderson, and we will soon have all the
money we will ever need.
Yours truly,
C. M. GAGK.
(Copy of original letter.)
Anchorage, Alaska, March 22nd. 1917.
Mr. George Anderson,
Anchorage, Alaska.
Dear Sir:
I will drop you a few lines and tell you about the Gage quartz
property on Nugget creek, a tributary of Cache Creek:
I was on the property the greater part of 1913. On the Iron-Gold
we panned and mortared out as much as $65.00 daily. Hundreds of
pans panned from three to as high as five dollars to the pan. As far
as I can see, the entire porphyry dike carries gold.
The Iron-Gold dike is about 100 feet wide, and is shot full of hun
dreds of small quartz Btringers, from a fourth of an inch to an inch
in thickness, all panning rich gold.
There are also about twelve small quartz veins, ranging in width
from three to twelve inches, some of them full of gold nuggets.
I believe it will pay well to run the entire dike through the mill,
and if this mine is properly handled it should make a good dividend
payer.
■ Yours truly,
W. A. BAKER.
Nugget creek, a tributary of Cache creek, is the largest producer
in the entire district. Herndon, Jacobs and Morris, who own most of
the claims on the crook, have extracted over $200,000 out of their
claims by the pick and shovel method of mining. The pay streak
has been located, and it is being mined at a point 200 feet above the
creek bed. Some of these benches were very rich, $1,000 to the box
length having been recovered. The Harper brothers and Grimes have
taken over the Herndon-Jacobs-Morris claims under lease.
—Extract from Chamber of Commerce Booklet, Feb, 1916.
Since the above was written, much more gold has been produced
from this creek.
QUARTZ POSSIBILITIES.
The Cache creek country is an inviting field for the gold quartz
prospector and miner. While very little attention has been paid to
this form of mining, small veinlets of very high values have been
found, which reveal possibilities. The quartz veins in most all cases
have been found above the creeks that contain placer gold, indicating
that theplacers may be formed from the gold originally in veins and
lodes. The Gage gold quartz property at the head of Nugget creek
shows up well for the amount of development that has been done. So
rich is some of the quartz that Gage, with a claw hammer, has pound
ed out over $60 the day.
—Extract from Chamber of Commerce Booklet, Feb. 1916.
CASH SUBSCRIPTION BLANK.
Mr. George Anderson,
Anchorage. Alaska.
Dear Sir:
I, the undersigned, hereby subscribe for.
Shares, in the ('ache Creek Gold Mines Company, at 10 cents per Share,
less 10 per cent, and inclosed please find . Dollars,
which pays in full for same. As soon as the shares are ready to issue,
please mail same to my address.
NAME
ADDRESS
Now is the time to get some
of this stock. Don’t delay but
come and see me at once and
look at the rich samples I have
from the mine. If you cannot
spare the time fill in one of the
order blanks and mail to me to
gether with your check and I
will have the stock reserved in
your name and forward to you
by mail as soon as the stock is
ready to be issued.
INSTALLMENT SUBSCRIPTION BLANK.
Mr. George Anderson,
Anchorage, Alaska.
Dear Sir:
I, the undersigned, hereby subscribe for.
Shares, in the Cache Creek Gold Mines Company, at 10 cents per Share!
and enclosed please find.,.
.Dollars, as first payment on
same. I agree to pay the balance of..Dollars at the *
rate of .
..monthly, until paid for in full, when a Certifi
cate of Stock shall be issued to me, in my name, for the ahove amount
of shares I have subscribed for, and mailed to my address, unless I
should personally call for same.
NAME ..
ADDRESS.
George M. Anderson, Campbell Bldg., 4th and F St., Anchorage, Alaska