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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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