Sullivan republican. [volume] (Laporte, Pa.) 1883-1896, 1892-07-01
GOLD IN GEORGIA.
Where II 10 to be Found In Paying GUAM
tttles.

RICH DEPOSIT DISCOVERED NEAR DAHLo-
MEGA, GA.-How THE GOLD Is SECURED.
Great exciteme ent prevails in the gold belt
Of North Georgia, and mineral property is
rapidly being ''gobbled" up by capitalists
and mining men from the North and West.
The whole gold belt, and particularly that
Immediately about Dahlonega, promises this
year to be the scene of gigantic energy in
mining operations, the like of which has not
been witnessed since the early days in Cali
fornia.
This tremendous revival of an industry
which has been prosecuted In q listless sort
of way for upwards of fifty years in this
field, is occasioned by the result of certain
experiments recently completed on large
scale, in the concentration and subse-
quent reduction by chlorination, Of
the metallic particles contained in nee rly
all of the ores of this camp. These ex-
perments have demonstrated that the old
processes in vogue saved only a small per-
centage of the actual value OF the ores, and
that by the introduction of methods long
practiced in the west, but, strangely enough,
never before tried here, many mines before
regarded as of little value can be worked
at enormous profits. The ores are all more
or less suphuretic, and Increase in sulphur
as well as gold as depth is attained. Some
of the richest ore the writer has ever seen
came from water level and below. but con-
tanned so much sulphur that the stamp mill
it. The new processes introduced do this most
effectively and have the virtues of being i'm
expensive and readily applicable to the
mills now in use. At a point about three
miles from Dahlonega, on the Calhoun Belt,
ore o. the five great gold-bearing belts OF
IL mpSin County, an old mine has been re-
o enc and some marveously rich deposits
OF gol quartz and gravel were discovered
One small spot is reported to have yielded
$4,000 in three days work of two men, while
the whole product of the mine, under crude
operations entirely without machinery, is
estimated at upward of $50, 600.
The mine covers one whole land lot of 40
acres and the gold belt, over 100 feet wide,
extends entirely through the lot. The work
has, so far mainly been done on about two
acres, and the rest of the lot has only been
prospected sufficiently to show the gold
veins continuing all the way across. One
shaft has been sunk about 90 feet on an in
cline in the belt, and the ore taken from it
yielded an average of 60 per bushel, or at
the rate of about Sl20 per ton in free gold.
A party of Atlanta gentlemen have
purchased THIS property lot 523-15th Dis.
trict, LIST Section Lumpkin County, and
named it the Bertha q. Mine. A corpora
tion has been organized to work this mine
chartered by the State of Georgia, as the
Atlanta Gold Mining Company, with a
capital stock of 100000, divided into shares
of $40 each, fully paid up and non assessable
The company proposes to put in reduction
works of the most approved machinery
to save the full assay value of the
ores and to conduct the mine and
mill upon strict business principles
$50, 600 of the capital stock has been placed
in the treasury of the company for the pur
pose OF carrying out these plans and por-
tion of the same is now offered for SALE II
sums to suit purchasers at so per cent. OF it:
par value, or five dollars per share.
he Southern Banking and Trust Com
pany, one of the strongest financial institu
ticns in the South, is the depository of the
company, and issues its stock All orders
for shares should be addressed to The South
ern Banking and Trust Co., Atlanta, Ga.