The Sun.
London, England, 1862-04-17 00:00:00

PROSPECTUS.

This Company is formed for the purpose of purchasing
the rich and extensive copper, gold, silver, and lead mines,
called La Purisima and Dos Amigos, with their Pertenen-
eias covering 56 acres, including all lodes and veins therein,
situate in Huacayvo, Chihuahua, adjoining the State of
Sonora, on the Gulf of California.
Also for the purchase of a large tract of land surround-
ing these mines, held in perpetuity by virtue of a decree of
the State, thickly covered with woods and forests, the
'whole estimated at 142,000 acres.
And further, for the purpose of working the above mines,
and erecting works for the reduction of the ores, by which
the Company will reap the double profits arising respec-
tively from mining and smelting.
The rivers Fuerte, or Uriquc, and Papagochi running
through the properties afford ample and most valuable water
power.

The Government has conceded, for a period of five years,
absolute exemption from all taxes, levies, and duties of
Whatsoever kind or nature.

The presence of rich ores cropping out and appearing on
the surface of these mines, and the value of the ,lodes, is
established by the survey and report of Mr. Robert L.
lrAumaile, an English engineer resident in Sonora, and
the accredited Government mining engineer and assayer for
that State, and fully corroborated in a valuable paper read
by Mr. Charles Sevin, F.R.G.S., before the Royal Geogra-
phical Society of London, so far back as January 24th,
1859 (See Journal of that Society for 1860).—Extracts from
Reports to be seen at the Company's offices and in full
Prospectus.
The richness of the lode is proved from assays made by
AIL D'Aumaile on the spot of ores taken promiscuously
from every part of the vein, by which an average of 33 per
cent. of copper has been obtained, while those assays tested
in Europe by Messrs. Johnson and Son, Basinghall-street,
London, and by Mr. Thomas Penrose, assayer to Messrs.
Richardson and Co., Swansea, give still more favourable
results, leading to the inference that the yield of metal ex-
ceeds that of any copper mines yet discovered.—Statement
of Assays to be seen at the Company's offices and in full
Prospectus.
It is proposed by the Company to smelt the ores upon the
ground, adjacent to the mines, and only to transport the
metal to the coast, thereby lessening the expense of carriage
to the port of shipment. It is estimated that the very large
alloy of gold and silver which the metal contains will be
sufficient to pay the cost of transport of the copper to a
European market. Very rich gold deposits are also found
in various parts of the main vein.
Under these circumstances it is scarcely necessary to say
that the profits of the undertaking, with ordinarily prudent
management, must be large, in further proof of which the
vendors have consented to postpone the payment of half the
purchase-money until the net profits shall amount in any
one year to 20 per cent. on the called-up capital.
The purchase of this valuable mineral property, includ-
ing the existing reduction works, plant, machinery, &c.,
together with the territorial grant, and all privileges
attached thereto, without any reservation of rights or
royalties, has been agreed for with the proprietors upon the
following advantageous terms :
That £lO,OOO be paid, and 5,000 paid-up shares be
allotted to them on delivery of the property Co the Com-
pany's confidential agent, to be despatched to Mexico for
that purpose.
That a deferred payment of £lO,OOO and an additional
allotment of 3,000 paid-up shares be made when the net
Profits shall amount in any one year to 20 per cent. on the
called-up capital.
That, on a dividend being declared, the shares given to
the proprietors, in payment for the property, shall only be
considered in value the same as the shares of the subscribing
shareholders, whatever amount may have been paid up on
them,
Juan A. Robinson, Esq., of the port of Guaymas, Gulf ,
of California, Sonora, has undertaken with the assistance of
the Company's confidential agent, the management of the
mmes, and the establishment of the reduction works on
the
spot, until such time as the enterprise shall have proved
remunerative, and a dividend shall have been declared.
The long residence of this gentleman in the country, toge-
ther with his great practical experience and high commer-
cial standing, ensure to the Company an additional guaran-
tee for its success.
Samples of the ores, as well as of the copper, gold, and
silver extracted from the mines, together with maps of th©
locality, may be seen at the offices of the Company.
All charges for agency, promotion, advertisements,
brokers' commission, legal and other expenses, including
the costs and fees of registration of the Company, have been
estimated not to exceed 3 per cent. on the nominal capital
of the Company.
, Applications for shares may be made to the bankers and
brokers of the Company in the affixed form. Allotments
Will be made according to priority of application; and, in
case of non-allotment, the deposit will be returned without
deduction.

The Great Copper Lode of Huacayvo (Mexico) Company
(Limited).
Offices, 85, Gresham-house, Old Broad-street.
Form of Application for Shares.
Shares each. Deposit on application, £1 per share.
To the Directors of the Great Copper Lode of Huacayvo
(Mexico) Company (Limited).
Gentlemen.—Having paid £— to your bankers, the
city Bank, for shares in the Great Copper Loa() of
Iluacayvo (Mexico) Company (Limited), I request you to
allot me, and I hereby agree to accept such shares, or any
less number, subject to the provisions of the Joint-Stock
Companies Act, and to sign the Articles of Association
then required,
Name
Address........
Date
, The above form, when filled up, is to be left with the
Dankers on payment of the deposit.

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ENRY SMITH. M.D., of the University of
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