The Sun.
London, England, 1863-06-25 00:00:00

DIRECTORS.

Col:Abbott,lso, Leadenhall-street, and Upper Spring-street,
Portman-square.
William Ancrum, Esq. (former:y H.M. Consul at Tunis),
Penes, Surrey.
hector E. J. Bridell, Esq. (Dtor of the St. David's 'dining Com-
bpauy), 34, Beaumont-street, Portland-p
ace.
E. J. Cole, Esq., 76, Gower-street, Bedfor,i-square.
Edwards Richards, Esq., Knightsbridge, and Westbourne,
Emsworth, Sussex.
James Young. Esq., 19, Great George-street, Westminster.
With power to add to their number.

BARKERS.
Messrs. Robarts, Lubbock, and Co., Lombard-street.
SOLICITOR.
G. R. Dodd, Esq., F.S.A., 2(3, New Broad-street, E.C.
AUDITORS.
Will be appointed by the Shareholders.
SECRETARY (pro tem.)—Messrs. Letch and Maguire.
Temporary Offices—No. 1, Coleman-street-buildings, Moor-
gate-street, E.C.
This Company is formed for the purpose of
r plro urchasire, ang and
n
extensive and valuable grant of Lead, Copp, n O
Slate, 011 the north side of the noted Cader Idris Mountain,
known as the Cyfannedd-fetwr, in the parish of Llanegryn,
Merionethsh,re, North Wales, held under lease for 21 years,
at 1-15th Royalty on all minerals (except Iron Ore, at a
Royalty of only 4d. per too).
The great grant includes numerous lodes of Lead, Zinc, and
Copper Iron of the best quality, and blende with traces of
Gold—also excellent Slate.
An adit-level intersects several lodes of Silver-lead, or
Galena.
A Copper lode opened upon, gives promise of excellent re
su

-
ilts.
An Iron vein runs through the entire grant.
An extensive bed of Slate of good cleavage can be worked
to great advantage.
The Silver-lead, proved by assay, has yielded 40 ounces of
silver to the ton of ore.
Lead and Copper from a shaft at the end of the adit have
roan- ed £32 per ton.
The Iron vein is estimated to produce 61 per cent. of iron.
The Slate is of superior quality, and can be cut into pave-
ment, flooring, chimney pieces, &c. The streams of water
running through the grant offer great facilities for working,
scouring, and cutting the slate. In fact, a Quarry opened
upon the property will pay well for working.
The foregoing facts and the position of the grant, in a rich
mineral district, warrant the conclusion that, efficiently
worked, the mine is capable of yielding, returns equal to those
of the most profitable mines in the Principality.
The property being advantageously situated about half a
mile from the Welsh Coast Railway, from which a siding can
be constructed
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cost, awl only 2 miles by publx
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The Lessee having agreed to take £3,000 in cash, and 5.000
paid up shares, assigns all his interest in the mine, inc uding
upwards of 100 acres of mineral ground—the previous out-
lav—mining- buildings, smith's shop, offices, dre-sing floors,
bucking house, &c., immediate operations can therefore be
commenced when, in the judgment of the Directors, sufficient
capital is subscribed.
Samples of the different ores taken front the mine, reports,
prospectuses, and forms of app ication for shares, may e
obtained at the Temporary Offices of the Company; and the
deposit paid on application will be returned if no allotment
be made to the applicant.