The Sun.
London, England, 1863-07-14 00:00:00

•
BANKERS.
The National Bank.

SOLICITORS.
Messrs. Hargrove, Fowler, and Blunt, 3, Victoria-street,
Westminster.
AUDITORS.
Messrs. Johnstone, Cooper, Wintle, and Co., SA, Lothbnry.
CONSULTING ENGINEER •
E. H. Bl,ke, Esq., 25, Poultry.
BROKER.
Francis Burnand, Esq , County Chambers, cornhin.
SECRETARY.
M. Wilkin,
Temporary Offices-2, Royal Exchange-buildings.
PROSPECTUS.

The Directors of this Company have secured, by agreement,
the grant of the Mathilde Mines, situate at the foot of the
north-western spurs of the Harz Mountains, close to Neuen-
krug, and distant about two miles and a half in a northern
direction from the town of Seesen, and forty miles from the
city of Bi unswick. The area of the grant is about twelve
hundred statute acres.
The surface of the property from east to west is free from
break or Interruption, whilst in a transverse direction it is
depressed into a slight curve, having. it. greatest depth near
the line of the men road.
The geological -position of *h propc.rby inolntiori +l2lO
grant is precisely idrntical with that of the celebrated Mans-
field Mine, and there can be no doubt but that the cupreous
bed so long and profitably worked by the Mansfeld Company
also exists in the present grant.
The thickness of the copper-bearing schist, at the points
where it has been examined, is very uniform, and the en-
gineer reports it to exist, with lithe variation in this re-
spect, throughout the greater part ot the lands included in
the concess on.
The strata overlying the Kupferschiefer offer no difficulty
to the operations of the miner. The cost of piercing them
must necessarily vary with the dimensions of the shafts.
Labour can be freely drafted from the Ober Harz, and the
scale of wages payable for an eight hours' shift is one third
less than is paid in England.
Materials of every kind are readily procurable in the vari-
ous markets of Prussia. Saxony, and Westphalia, and cin be
transported to the mines by means of the railway which
passes directly through the properly.
The Royalty payable to the Ducal Government is 1-20th
of the value of all Ores raised, sold or smelted. No mini-
mum rent is imposed, neither is there any State supervision
calculated to prevent the free and unrestricted development
of the property.
The copper schist deposit is only known to exist in the
Mansfeld district, at the foot of the Harz Mountains and
New Brunswick, British America, but it has alone been
worked at Mansfeld.

The value of this property and the regularity of the pro-
duce of the cupreons beds may be best estimated by reference
to the following statistics of the Mansfeld Mines, the weekly
yield of which at present is upwards of £B,OOO worth of sil-
ver, and £16,000 worth of copper.
STATISTICS.

Showing the accuracy obtainable by the Yearly Estimates of
the Mansfield Copper Company as compared with actual
results.

For five years, from
1855 to 1859 inclusive.

Estimate. Result.
Copper, Slate, and Silicious Ore....tons 264,117 .. 268,968
Quantity of Mineral to be Smelted „ 249,657 .. 234,999
Refined and other Copper 6,690 .. 6,345
Fine Silver marks 115,018 .. 155,209

The following are also the results of the Mansfeld working :
Amount of Dividends paid on 24 years, ending 1854..£494,712
5 1859.. 289,285

Total £783,907
Average price of each share, 1830-5.... £72
If 1815 .... 418
1855 .... sn
18586391 .... 1,360
79
The property in the Mathilde Mines has been obtained
upon the following reasonabl • terms :—£15,000 in casn and
£Z5,000 in shares. A large portion of the capital has already
been subscribed, and the remaining shares are offered to the
public as a sound and profitable investment.
Abstracts of Reports of Mr. E. H. Blake, C.E., 25, Poultry,
and Mr. Hausmann, Head Government Engineer, of Bruns-
wick and Hanover, are appended.
'I he Reports, in extenso, as also the Analysis by Messrs.
Johnson and Son, of Basinghall-street, and Messrs. Johnson
and Matthey, of Hatton-garden, and samples of the ore, can
be seen at the Temporary Offices of the Company.

ABSTRACT OF MR. BLAKE'S REPORT.
MATIIILDE MINES, NEAR SEESEN, lIAHAUSEN,
I'o REST-REVIE R lIAHAUSEN, GERMANY.
This property, consisting of 1,200 acres of land, held under
grant from the Government on liberal terms, is situated about
three miles north-east of the town of Seesen, and is inter-
sected by the railroad from Brunswick, and also by the public
road from Seesen to Goslar ; it consists of a basin of sedi-
mentary rocks, underlying N.W. at an angle,of 12 deg. from
the south boundary of the property, and extending from W.
to E. through its whole length until cut off at the eastern
boundary by an upthrow fault, on the east side of which are
the clay, slate, and porphoretic rocks, forming the northern
portion of the ti arz Mountains.
The peculiar value of this property is the existence of a
bed of bituminous shale of the same character as the cele-
brated Mansfeld Mines. The shale is here eight inches thick,
with four inches of copper sandstone, while in Mansfeld it
is only four inches, and the sandstone ore is absent, but it is
found at Sangerhausen, and is more productive of copper
than the shale. The contents of which average in Mansfeld
14 per cent of copper The identity of the bed is also proved
by the fossil fish which are tound between the lamina of the
shale, and all in one position doubled up, having been all
dead before being enclosed in the rock.

The existence of this bed, under the whole
_property, has
been proved by the shafts marked on map S.. K., H., in the
eastern portion, and two in the western, markek L„ in all of
which the shale maintains the same character and strength.
The depth from surf ace is, on the south side, about 30 feet ;
and, in the deepest portion, where the main shafts should be
placed, marked M., will net exceed 100 feet, while the depth
of the Mansfeld Mine is 303 to 400 feet. there is also an ab-
sence of water, which offers great advantages in the cheap-
ness of working. This property being of quite an exceptional
character, I considered it right to visit Mansfeld, to ascertain
for myself the method of treatment of the ores, and also the
cost of working and extracting- the copper and silver ores,
which have rendered these mines so famous. The weekly
yield being at present £B,oooworth of silver and £16,000 worth
of copper from eight mines. The nature of this ore is such
that it is treated at a mere nominal cost, and without any ex-
pensive chemical or patent process, and the ores at Mathilde
Mines can be all treated in the same way.
I now give you a statement of the expenses required, and
the results which may be depended upon as being correct,
the prices having been carefully ascertained from Mr. Asses-
sor Hausmann, of Brunswick, the head Government engi-
neer, and carefully checked by personal observations and in-
quiries at Mansfeld, wages being here one-third less than in
England.
I have, therefore, no hesitation in recpmmending you at
once to complete the purchase of this most valuable property,
which contains over 4,000,00 tons of ore ; 1,200 acres gives
54,140,0(,0 feet, which, at 14 cent per foot, will yield a
gross value of over £5,000,000 of copper, and allowing one-
hal r for expenses, will yield £2,500,000 profit, without includ-
ing the value of the silver.
ABSTRACT OF REPORT OF ASSESSOR HAUSMANN,
GOVERNMENT MINING ENGINEER, BRUNS-
WICK.
. .

the new shafts down to the copper schists are from 30 to
100 feet deep, and become deeper as you go farther north. In
a westerly direction, through the length of the property, the
depth may vary from 30 to 100 feet, but in all other parts it
is uniform.

I am, Gentlemen,
Name in full .. .
Residence
Profession or business
bate

The extraction of the schist and sand ores is contracted for
at about 12s. per ton.
The Railway crosses the property in its length from east
to west ; there is a railway station cidse to the newly estab-
lished experimental shafts, and this is the place adapted for
the erection of works for smelting the ores. There is a direct
communication by rail to Harburgh, distance 80 miles;
freight, 6s. per ton.
According to experiments, up to this date, the copper
schist and the sand ores have, on the average, produced two
per cent. of copper ; and, in each hundredweight of copper,
four oz. of silver—there being a considerable portion of gold
hi the silver.
The copper schist layer has everywhere, as in the county of
Mansfeld, the same strength, 14 inches, whereof 7i inches is
malleable ore, and 2i inches sand ore. The whole strength
of the malleable bed, 10 inches.
These items are given in minimum.
In conclusion, I beg to say that in these flatbeds where the
copper schist layer is equally diffused, the profits from these
2 per cent. ores have a great advantage over copper ores of a
richer per centage, which in England and other countries are
firm, mixed with gangue
I must not omit to mention that the whole of the copper,
schist layer has a considerable and equally diffused amount
of bitumen, photogene, and salarial oil, &c., which is strong
that a heap of it once ignited by a little wood for roasting
purposes, continues to burn without further trouble.
Applications for shires must he made in the form annexed
to the Prospectus, accompanied by the deposit of £1 10s. per
Share. If no allotment be made, the deposits will be returned
in full; and if a less number be allotted than is applied for,
Brokers,
and at the Temporary tlsurplus will be used towards tite payment on allotment.
obtained Prospectuses and Forms of Application': for Shares may be
eoTitoemrspootratnrye
COollepeasn,
ya.nd of the Bankers,

RM OF APPLICATION FOR SHARES.
To the Directors of the New Mansfield Copper and Silver
_haresi , . nrsf ,c 1 0 Mining Company (Limited).
Gentlemen,—l hereby request that you will allot me
Shareholders each in the New Mansfeld Copper and Silver
Shart7 `"oinpany, Limited, and I hereby aeree to accept such
and 1 ,zu(tLinY rima4er number that may be allotted to me,
Mfejo place my name upon the
Register of
r the shares so allotted.

ROYAL FREE
TA-,-,
in the immediate':;"tBPlTAL, Gray's-inn-road,
e nitY of the Great Northern Rail
way Terminus, at Iciato
Masterman, Esq.
, s-cross -
Pntr •
President—The DukePatron—TheQUEEN. of ZuTreasurer—Edward ma CCLEUCH, E.G.
This was the first hospitalto tat
and instant admission to the destr4ace the principle of free
tnality ot governors' letters. It is destitute sick, without the f or-
Which is accorn-
of sufficient
tution in its most pitiable torm—viz.,wiely devoted to desti-
panted by sickness and disease, andt that
urieeeres but
b ee Moreover rendered ,
magnitude that, with adequate sa artPO , titanmotley
oioathoet
capable of admitting into its wards very
tion of
the casual sick of this ()Teat metropolis. Itrge prop
funds in order to have 500 beds available forr
these the most wretched of our fellow-creaturesme..,.
it gratuitously affords medical advice and
on the average, than 3,000 out-patients a weer", to more,
The Weekly Board feel it their imperative duty to mot.
EARNEST APPEAL to the public for continued s ---- an
to enable them to admit and relieve the distressing uPPort,
g cases that
daily present themselves.
Contributions are received by the Treasurer, Edward
Masterman, Esq., Nicholas-lane; also by Messrs. Coutts and
Co. ; Drummond and Co. ; 'Terries and Co. ; —it
ansora and
Co. ; Prescott, Grote, and Co.; Smith, l'ayne, and Co. ; Gi.yn
and Co. ; Jones Loyd and Co. ; Barclay and Co. ; Denison
and Co.; W ,Iliams, Deacon, and Co. ; Overend, Gurney, and
Co. ; Nisbet and Co. ; Messrs. J. Barred and CO., Liverpool
and at the Hospital.
SWANFOED O. SMlTll,ficaetary.