The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-10-06
PROSPECTUS.

continued 10 improve in value and rich
PRESENT VALUE. The orc that has
! heen removed was taken from near the
surface. and is ardly noticeable in tha
! present magnitude of the mine, Not
| only Is this virgin mine, but 1t 10 also
| fully proved anu very extensive prop
erty. Conservative estimates IN ads by
thoroughly reliable engineers place tho
ore In sight, ready TO remove, ut $1,000
900. 1t Is considered that an estimated
expenditure of 500, 900 will disclose add.
tionai ore TO the value of $1,000, 600. The
ore IL now being mined. milled, tire ated
ana turned into bullion at 4 Ii expense of
GOLD OR SILvER,-Tho smeltors' GER
| tihcates of ore shipments show til at halt
the value is in gold. the remainder sill
| YER Recent developments, however.
have uncovered ore bodies. In which the
gold is largely In excess of the silver.
MINE IL DRY; NO PUMPING.-The
mine is worked by levels from the side OF
| the mountain. No hosting machinery IA
required ut present, aud will not be for a.
long time to come, aud no pumps. An
other tunnel can be run 70 feet below the
present lowest level and still be above the
| foot of the mountain.
EXTENT OF THE WoRKINGS.-ThS
| underground workings, levels cross-cuts
Wines ETC.. are already 5000 feet In aE-
greRate length. ore has been found To
extend continuously tor 1000 feet aiong
| tho lode. There Is good ore in both endf
of the mine; indeed some Of the best is
| in the ends of the different levels and also
I'm the hpttom workings. No limit is YET
known to tine extent OF this great maGf
| OF ore.
ENORMOUS AMOUNT OF oRE-Ths
| lode Is a true assure. and continuous Ia
has been followed Tor over two miles Very
rich ore has been obtained about 1900 fees
north OF the present iurthest wortinnsof
| the mine and II 10 certain that the ore ex-
| tends that distance or more. Similarlyit
| is known to extend Il long way south
Mr.. HAnRtNGToN nLAuvELr. Mining I'm.
Rineer, who made an examination OF this
mine at the titno when developed onIy
| l,e0O feet in length. calculates as is shown
| in his report, that for every 10 feet sunk
On said length OF $500 feet. ore to the
val lie of $50, 900 would he disclosed. On
/ tho generally accepted theory, sustained
| by the history Of mines. the depth of ore
in mine extends 20 about oue-half of
its length, this lode having been shown to
extend north ana south over2In lies n sirn-
/ pie cAlculatioi will demonstrate the
enormous quantity and value OF ore that
may yet lie extracted.
SIZE OF THE PRO PERTY. This min.
ing property covers 9l0 acres. There are
also valuable dam sites, water rlghtk
1 timhers claims and town site.
IlTLE,-Ihe titles are qnqnestionable.
other mines being held under United
States patent
EQUIPMENT The mines are provided
| in very extensive manner with nercs-
snry buildings. such as company's trad
| ing store. assay Offices, stan quarters.
blacksmith and carpenter shops, suitable
miners boardtng.house. lodging house,
m'll. and reduction works. engines and
boilers. cite.
WATER AND FUEI.-Rouldor creek af-
forls sufficient water for running 40.
stamp mill eight months n the year. y
dam eau he built which will afford water
for tho entire year, while wood, both for
fuel aud other pnrpuses.is readily obtain
able. The company owns valuable timber
claims covering 80 acres,
sUBSCRlPrl0NS-rhe right is reserv-