Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1892-06-17
GOLD IN GEORGIA..
Where 1t i-to be Found In Paying Guam.
IiIIe..

/ RICH DEPOSIT DISCOVERED NEAR DAHLo-
MEGA, GA.-HOw TIE GOLD Is SECURED.
| Great excitement prevails in the gold belt
/ OF North Gcorp Ia, and mineral property is
rapidly being "go5hled' up by capitalists
/ and mining men from the North ami West
I The whole gold belt and particularly that
Immediately about Dnhlonega. 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 a list.ess sort
OF way for upwards OF fifty years in this
field, is occasloned by the result OF certain
experiments recently complete on IA large
scale IN the concentration and subs,,-
quent reduction 10y chlorlnation, Of
the metallic particles contained in neI rly
all OF the ores OF this camp. These ex-
perimentS have demonstrated that the old
processes in vogue saved only n small pr
centage OF the actual value Of the ores, and
that hy the introduction OF methods long
praCticed in the west bat, strangely enough.
never before trlct here many mines before
regarded as OF little value, can he worked
at enormous profits The ores are all more
or less suphurrtiC. and incroas, in sulphur
as we'll as gold rs depth is attained. Some
OF the Richest ore the writer has ever seen
came from water level and below, but con.
tanned 80 much sulphur that the stamp mill
process alone would not save the gol from
II. The new proct sseS introduced do this most
effectively aud have the virtues of being in.
expensive and really applicable to the
mills now in use. At "a point about three
miles from Dahionega, on the Calhoun Belt,
one OF the five great gold.bearing belts OF
Lumlkin County, an old mine has be,n re-
opened and some marvelousy rich deposits
OF gold quartz and gravel we're discovered
One small spot is reported TO have yiellei
tlOOin three days work OF two men, while
the whole product OF the mine. under crude
operations, entirely without machinery is
estimated at upward OF 5000.
The mine covers one whole land lot Of A
acres, and the gold belt, over 100 feet wide
extends entirely through thu lot. The work
has so lar, 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 80 feet on an in
cline in the belt, ani the ore taken from it
yielded an average OF 81 per bushel, or at
the rate OF about sl2O per ton in FREQ gold.
A party OF Atlanta gentlemen hlye
purchased this property, lot 523-l5th Dis.
trict LIST Section LumpXin County, and
named 1t the Bertha c. Nine. A corpora.
ton has been organic Vi TO work this mine,
chartered by the State OF Georgia as the
Atlanta Gold Mining Company. with a
capital stock Of 500, 00J, 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
mn upon strict business principles,
t5o, 900 OF the capital stock has been MACE
in the treasury OF the company for tha nur
pose OF carrying out these plans and nor.
ton OF the same is now offered for sale In
sums to suit purchasers at 50 per cent. OF it's
par value, or five dollars per share.
The Southern Banking and Trust Com.
pany, one Of the strongest financial institu-
hcns IN the South is the depository of the
company, and issues its stock. All orders
Tor shares should be addressed to The South.
ern Banking and Trust Co., Atlanta, Ga.