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MINE, BECAUSE THE ZINC VALUES EXCEED THE SILVER VALUES. 

 THAT MINE IS 7% ZINC, HAS 24 OUNCES OF SILVER TO THE TON OF 

 ORE, AND WILL ALSO PRODUCE ENOUGH GOLD TO VIRTUALLY PAY FOR 

 THE CAPITAL CONSTRUCTION COSTS. A SHIFT IN THE PRICE OF 

 LEAD, COULD MAKE IT A LEAD MINE, INSTEAD. 



THE FAMOUS QUARTZ HILL IS MINE IS ONE OF THE THREE OR 

 FOUR LARGEST MOLYBDENUM DEPOSITS EVER DISCOVERED ANYWHERE. 

 ALTHOUGH THE PRICE OF MOLY IS NOW COMPARATIVELY LOW, AS 

 SENATOR WIRTH OF COLORADO CAN PERSONALLY CONFIRM, MOLYBDENUM 

 IS SUCH A USEFUL MATERIAL WITH SUCH A HUGE VARIETY OF 

 DIVERSE APPLICATIONS, IT IS OBVIOUS THAT IN A RELATIVELY 

 SHORT PERIOD OF TIME, WE AS A NATION SHALL BE SEEKING TO 

 DEVELOP THAT DEPOSIT TO ITS FULLEST POTENTIAL. THE A- J IN 

 JUNEAU IS SUCH A BIG DEPOSIT THAT IT WILL BE RESURRECTED 

 OVER THE NEXT FEW YEARS TO PRODUCE 125 MILLION TONS OF GOLD 

 ORE IN JUNEAU FOR THE SECOND TIME IN A CENTURY! FOR FIFTY 

 YEARS THE A-J MILL WAS THE HEARTBEAT OF JUNEAU, AND THE 

 SOURCE OF PROSPERITY FOR THE REGION AND FOR ALASKA. IT WILL 

 BE AGAIN. 



I MAKE THESE POINTS ABOUT THESE THREE MINES BECAUSE OF 

 THEIR SIZE AND SIGNIFICANCE, AND I DRAW TO YOUR ATTENTION 

 THAT THEY WERE ONLY DISCOVERED BECAUSE OF THE SURFACE 

 EXPRESSION OF THEIR MINERALIZATION. THE NINETEEN MILLION 

 ACRES OF SOUTHEAST ALASKA ARE COVERED BY A VIRTUALLY 

 IMPENETRABLE ORGANIC MAT WHICH MAKES THE DISCOVERY OF EVEN 



