The Sun.
London, England, 1858-11-03 00:00:00

ABRIDGED PROSPECTUS.

The Scottish Australian Investment Company, through
their Manager at Sydney, have long directed their attention •
to the acquisition of Lands known to be rich in Mineral Pro-
ductions. They are possessors of the various Properties men-
tioned in this Prospectus, upon some of which valuable de-
posits of Copper and Coal have already been proved to exist;
but being a Company formed for the Investment of Capital
and not to carry on Mining Operations, they are not in a posi-
tion to develop these Mineral Properties on their own account.
It is therefore proposed that a new Company shall be formed,
-to be called, "The Scottish Australian lining Company
(Limited)," which shall purchase for the sum of Thirty Thou-
sand Pounds, to be paid partly in Money and partly in Shares,
with certain Royalties, the said several Properties and work
aanrcnigreerabyte
purchasescale.T hnre
other
wise them,
willwise such further Mineral Lands in the Australasian,Colonies
as shall be deemed desirable.
'also commencing
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The following are two of the principal Properties mentioned
in the Prospectus :
comprises about 400 acres of generally good, well-watered
No. 1. The Good Hope Property.—This Freehold Property
land. It is situate near the town of Yass. There exists upon
this Estate a remarkable Copper Lode, of great width, and
standing above the surface in a continuous line (with
intermission)slight
for more than a quarter of a mile, and in some
places rising above the level of the ground to the height of
twenty-five feet. The lode is strong and large, and stands
above the level of the River from forty-five to fifty-five
fathoms. Captlin John Dalley, of St. Austell, in Cornwall,
of great mining experience, has twice examined, this Lode
and taken out a ton or two of ore, samples of which, weighing
from two to three cwts. each, are now in London. The ore
is red oxide, mixed with native copper, and green
and blue carbonates; and specimens, broken
_promiscu-
ously from separate blocks now lying at the office of the
Company, have been found to yield on assay the high
per centage of 21k, 27*, 271, 271, 36, and 36 per cent. of pure
copper a one sample which Mr. Morehead selected and directed
to be assayed in the Colony yielded no less than 741 per cent.
of pure copper. The ore is similar in character to the ore at
the Burra-Burra. It will be seen that the opinion of Captain
Dalley, whose Report on this Property will be found in the
Appendix, fully bears out the above statements.
No. it Dartmouth.—This Freehold Property, consisting of
100 acres, is pronounced by H. T. Flews, Esq., M.E., who
, made repeated surveys of. the Hunter • River Coal Field, by
instruction of the Manager of the Scottish Australian Invest-
ment Company, "the best position attainable for commencing
operations" in coal mining in New South Wales. It is
situated abopt five miles and a half from Newcastle, and con-
tains, as may be learnt from Mr. Plews' Report, which is ap-
pended, a seam of coal, lying nearly in a horizontal position,
of superior quality; and six feet in thickness at the outcrop
near the foot of a hill, whence of course it can be worked
without the expense of shafts, and the usual accompanying
machinery. A portion of this property consists of fertile
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Applications. for Shares must be made in the annexed form.
Each applicant will be required to •
pa
in t
Bankers of the Company Five Shillings pit.
ahareoon one of the
te
num-
ber of Shares applied for, in part payment of the d
Ten Shillings per Share ; in exchange for which ae receipt
elpt
of
will be given: • Di the event of the Directors allotting less
than the whole number applied for, the amount paid in the
Bankers will be applied towards the deposit of Ten Shillings
per Share payable on the number allotted ; but in case no
allotment be made, the money so lodged will be forthwith
returned in full.
Prospectuses, Mining Reports, Forms of Applications for
Shares and of Bankers Receipts for Deposits, may be had of
Messrs. Carden and Whitehead. stockbrokers, 2, Royal Ex.-
change-buildings ; at the City Bank ; or the Offices of the
Company, 24,
property, e lode, a section of the Good Hope and ore from that
ed.
property, may be seen and examin
London, 26th October, 1858.
FORM OF APPLICATION FOR SHARES.
[When filled up by the Applicant, to be lodged, with Five
Shillings per Share, with one of the Company's Bankers.)
TO THE DIRECTORS OF THE SCOTTISH AUSTRALIAN MINING
COMPANY (LIMITEE), 24, GRESHAM-STREET, LONDON,
Gentlemen,—Having paid into the hands of the
Bank the sum of .£ • to your credit, I request you
will allot me Shares of £1 sterling each, in the
above-named Company, and I agree to accept such Shares, or
any less number that may be allotted to me. And I hereby
• also authorise you to enter my name in the register of share-
holders for the shares so allotted.
Name and Surname in full
Address in full
Description
Number of Shares (if any) held
in the Scottish Australian In- . ....... Shares.
vestment Company (Limited)
Dated the . day of ,1855.
* * The Prospectus, at 'length, will be found in the.
"TemeB,l, "Daily News," "Standard," and "Daily Tele.
graph" Aewapapers of Friday the 29th inst.