Exploration Men Set Sights on British Columbia Targets

It is now clearly evident that 1963 is witnessing a record year for prospecting and exploration in British Columbia and Yukon Territory, as substantiated by the following facts: ? About 60 large mining companies and many smaller ones are active in the search for new ore deposits. ? More than 500 prospectors and exploration geologists have been in the field this season. ? It is estimated that $10 million has been spent this year on the search for new ore deposits. ? Claim staking in B. C. to July 31, totalling 14,250, is up 2000 over 1962. ? Helicopter companies report a record total of 25 aircraft chartered to mining groups, with additional numbers used in oil-gas exploration. ? Leading assayers state that business with the industry is double that of the previous year. ? Diamond drillers report an increase of approximately 25% in the amount of contracts now on hand. The question is often asked, "Why is mining so active in Canada's Pacific Northwest?"