g and Mining Company," its chief promoters being
a Mr. Willis and a Mr. Wollums of that city. The capital stock was
put at a quarter of a million dollars, twenty-five thousand dollars
being paid up. These organizers interested thirty-three other men in
the enterprise, the agreement being that these should go to Dawson
at the expense of the stockholders, and locate mining claims there,
a half-interest in all of which was to be transferred to the
company. These men proceeded to Calgary, and outfitted for Dawson,
which they wished to reach by ascending the Peace River. At Calgary
they were fortunate in procuring as leader a gentleman of large
experience in the North, W. J. McLean, Esq., a retired Chief-factor
of the Hudson's Bay Company, who pointed out the difficulties of
such a route, and recommended, instead, a possible one via Great
Slave Lake and the Mackenzie River to Fort Simpson, and thence up
the Liard River to the height of land at or near Francis Lake, and
so down the Pelly River and on to Dawson.
In February the party, led by him, left Edmonton with 160 ponies,
sleds and sleighs, loaded with supplies, and proceeded, by an
extremely difficult forest trail, to Lesser Slave Lake. They had
no feed for the horses, save what they drew, and, of course, they
reached the lake completely exhausted. Here, by Mr. McLean's advice,
they sold the horses, and with the proceeds hired local freighters
to carry them and their supplies to Peace River Crossing, where
boats were built in which the party, with the exception of one
of the organizers, Mr. Willis, who had returned in high dudgeon
to Chicago, set out for Great Slave Lake. Before getting to Fort
Resolution, Mr. McLean got private information from a former
servant of his at that post, which led to an expedition to the
north-east end of the lake, where he made valuable finds of copper
and other minerals. Another trip was made, and additional claims
were taken, and on Mr. McLean's return with a lot of samples
of ore, he with another prospector, came out, and proceeded to
Chicago. His samples were tested there and in Winnipeg, and yielded
in copper from 11 to 32 per cent.; and the galena 60 ozs. of
silver to the ton. Other minerals, such as sulphur, coal, asphalt,
petroleum, iron and salt were discovered, all of great promise,
and his opinion is that when transport is extended to that region,
it will prove to be a great storehouse of mineral wealth.
The other members of
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