hundred dollars was extracted, while one unusual vein yielded
$20,000 in gold per ton. Some months the wagon to Ottawa c,k~rried sixty to seventy pounds of gold insured at $20,000. to $25,000.
In spite of the exceptional yields, mining was a speculative and costly operation. The clouds of war loomed over Europe during the late 1930's. Wise investors were led to place their money in steel & ammunition factories. While.operatipns such as Algoma Steel expanded, capital for the Grace