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Ai2 - The Terrace Standard, Wednesday, February 28, 1996

Prospector confident ©
of hitting mother lode

A LOCAL PROSPECTOR
is off to a mining confer-
ence in Smithers next week
in hopes of lining up back-
ers for a gald property he
has 33 miles east of here.
Paul Wadswerth’s con-
vinced he’s accumulated
enough information to indi-
cate there may be as much

gold in the ground.
Wadsworth bas spent the
last 15 years working the
property on the railway side
of the Skcena River near the
former _seltlement of
Doreen.
- “Being justa one-man op-
eration I’ve scratched the
surface, If it tums oul the
way [ think it will, the fig-
ures are right off the Richter
scale. If there is gold in
depth in that area, I could be

into a world class mine, but. [-

I need to let the drills and
the geologists de their
work,”’ said Wadsworth last
weck,

What makes Wadsworth
excited is that the property
contains the same kinds of
formations and geological
structures as the Snip gold
mine and Eskay gold mine
farther north.

“The host rock is the
same,’? said Wadsworth
while cradling a sample of
the ore from the property,

He’s already had some in-
terest shown from mining
companies and underwriters
and expects to gencrate
more at Minerals North in
Smithers,

But Wadsworth admits
that turing a promising
property into a mine is a
lengihy, complex and ex-
pensive procedure,

*T’ve been working that
property since 1981 and il’s
only in the last five or six
years that I’ve been asking
why my assays are supgest-
ing there’s gold, gold, gold
there,’’ he said,

Wadsworth's most
promising showing is called
Jungfru, Swedish for virgin
vein.

In conversations = with
potential investors, joint

GOLDEN ROCK being held by prospector Paul Wadsworth Is from a property he’s
Stake east of here, After 15 years of working claims near Doreen, Wadsworth's
convinced he's found something that could just be a world class mine.

partners and underwrilers,
Wadsworth is insisting be
retains 60 per cent of any
development.

“It’s been a challenge all
the way through,”’ . says
Wadsworth in estimating
he’s put $150,000 into the
property since 1981,

The property also contains
a significant lime deposit
which Wadsworth hopes to
develop using revenues
from a mining deal,

Once the lime has been

removed, Wadsworth says
the resulting pit would be an
ideal waste site for north-
west garbage,

A prospector for many
years, Wadsworth became
interested in the property
after hearing of its original
staker in the early part of the
century, a man called Au-
gust Johnson."

“He was a real tough old
bird,’’ said Wadsworth of
Johnson who, on occasion,
ran an informal bar on the
properly for passersby.

ryt ‘tion,

Wadsworth has fixed up
some cabins built by
Johnson and lived on the
property full time for a peri-
od in the 1980s.

He credits original pros-
pectors wilh helping open
up the northwest at the turn
of the century, saying they
haven't been given recogni-

“Tt just floors you when
you hear of what they did —
the work and the toil and it
has gone unheeded,”
Wadsworth said.

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