The star. (Reynoldsville, Pa.) 1892-1946, 1892-06-15
GOLD IN GEORGIA.
where Il 10 TO be Found In Payins Qsss-
t,tIes.
RoB DEPOSIT DISCOVERED NEAR DAHLo-
NEaA IA HOW IuE QnI Il Ia aECIREn-

RICH DEPOSIT DISCOVERED NEAR DABJ0-
MEGA, GA.-Bow THE GOLD Is SECURED.
Great excitement prevails in the gold belt
of North Georgia, and mineral property Is
rapidly being ''gobbled" up 10y 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 a large
scale, in the concentration and subse-
quent reduction by chlornation, OF
the metallic particles contained in nearly
all of the ores Of this camp. These ex-
periments have demonstrated that the old
processes in vogue saved only a small par
centage OF the actual value Of the ores, and
that 10y 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
us 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-
tained 80 much sulphur that the stamp mill
process alone would not save the gold from
1.-THE new processes introduced do this most
effectively and have the virtues OF being in
expensive and readily applicable to the
mills now in use. AT point about three
miles from Dahlonega, on the Calhoun Belt,
one Of the five great gold.bearing belts OF
Lumpkn County, an old mine has been re-
opened ind some marveousy rich deposits
of gold quartz and gravel we're discovered.
One small spot is reported 20 have yielded
IOOOin three days work OF two men, while
the whole product Of the nine under crude
operations, entirely without machinery is
estimated at upward of $50, 90
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 10 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 ii
yielded an average OF SO per bushel or Mt
the rate of about Sl20 per ton in free gold.
"A party of Atlanta gentlemen have
purchased this property lot 5!3-l5tb Dis
trict lst Section Lumpkin County, and
named it the Bertha G. Mine. A corpora
tion has been organic I'd 70 work this mine,
chartered by the State of Georgia, as the
Atlanta Gold Mining Company, with a
capital stock OF 900 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
orcs md to conduct the mine and
mill upon strict business principles.
ESQ, 900 OF the capital stock has been placed
in the treasury of the company for the pur.
pose oi carrying out these plans and II por-
tion of the same is now offered for sale, in
sums TO suit purchasers at 80 per cent. Of its
par value, or five dollars per share.
1he 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.