Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1892-08-19
GEORGIA GOLD FIELDS.
The Property and Prospects OF the Atianf"
Gold Mining Co. Fully Described.

Gold Mining Co. Fully Described.
The two articles appearing recently IN
your journal have called forth such hoo
OF induiries IN relation 10 tho plans pros
pects, etc, etc, o. ths Atlanta Gold h'ning
Company, that the company has reqnesIe
your correspOn lent 10 answer through tne
medium Of the press the many questions
which other wise would require score Oh
letter writers.
Tie property upon which the Atlanta Oo|
Mining Company proposes TO begin opera.
tions is situated about 81 miles east OF
Dah'olega, Ca. consists OF forty-acre
tract Of land, which is crossed In direction
slightly east OF north by the famous y VI
houn Gold Belt, having on this lot width OF
about $50 feet. The entire belt is com.
posed of alternate strata Of soft slate ami
quartz all bearing more or less gold. AT
different times within the past twenty years
more or less mining has been done upon
this lot, and while thu wo'; has mainly Deeh
confined to a very small portion OF the vcin'
and has ALWAYS been Of a cruie and desul-
tory character, the returns in gold have
been extremely gratifying, and In seyera'
instances Of sufficient magnitude to put tne
miners. who from time 10 time, nave heii
leases upon the lot, in very strong hnancS'
circumstances. The total cost OF all tue
work thus far done upon the lot wouii noO
under the direction OF competent MINING
engineer. provided with proper appliances,
exceed 5000 and the total gold derived
from this work, covering not over Two acre.
Of tho forty acres, is considerably over SoV'-
900.
The vein or ieal is we'll defined through
ont the whole length Of tho lot about one
quarter mile. an1 has been explored at
number OF places by SHIFTS and tunnels
proving Its cont!nlaucs In size ana ricnness
from one end OF the lot &c the other, fact
which Is further evidenced by the valuable
and rich mining properties lying upon the
extension Of this lead both north and south
of the property Of the Atlanta Gold
Mining Company. The shafts sunk
upon this lead have gone to a depth oil
about forty fett, and have, without excep
ton, followed down quartz veins which grad
uaIly increased in sZ5 and richness as depth
was attained. Hitherto the mining mas Deen
conducted principally with water. except
where shafts were sunk. and the ore plsse
through sluce boxes depending solely for
means Of separation upon the gravity o.
the gold. and consequently allowing mucn
Of the fne gold and all the gold containe IN
the undecomposed sulphurets 10 run To
waste. This loss, resulting from causes noted
above. has amounted to fully one-half the
ASSAY value Of the ore, as demonstrated ny
determinations made with great care and
exactness by the company.
The Atlanta Gold Mining Company no"
proposes 10 put in operation machinery TOT
mining which will greatly cheaper the cost
of the ore per ton delivered at the mills, and
appliances that will save at the mill not
alone thu heavy free gold, but all liner par
ticles and the gold contained IN the su
phurets as well.
The experiments made by tho company
have demonstrated that anil with capac'
itY of twenty tons can be supplied Win ore
for many years and will yield an annual
rroHt Of 100000 or upwar1. The average
assay value OF tho ore approximates ~ per
ton, and q modern mill properly equipped,
costing sl2. 900 TO $1,000, in the hands oil ON
experienced millman, should save at least 5
per cent. Of the iull assay value. The
Atlanta Gold Mining Company has been In
corporated with II capital OF 300 VO, IN
shares of $40 each, fully paid AMI non.asse
able. and one-haif this capital stoc'. OF
$50. 600. has been placed in the treasury as q
working capital.
A portion Of this treasury stock, su uc.en
TO cover the cost OF the mill and sucl other
improvements as the company has in conte'n'
plation, is now offered for sale at % per cent
Of its par value, or s. per share. Tx
Southern Banking and Trust Company o.
Atlanta, Ca, is the transfer agent OF M
company, aud all orders for shares Shout
be addressed 70 them or to the Atlanta Gol
Mining Company, No. North Pryor stree,
Atlanta, Ga