The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-10-06

PRESENT ore that has been 70
iy noticeable Stisa6S in the pr present M m1asniitaSe Of the mine.
Not only IS this a virgin mine. but 1t Is also a fully
estimates made by Their gughly reliable engineers
place the ore in sight ready TO remove, at $1,000. 900.
800. 900 will disclose additional ore TO the value OF
So 100000, The ore is now being mined, milled.
treated and turned into bullion at an expense of only
81 per ton
GOLD OR SILvER-The SHELTERS certificates
OF ore snlpmenes show that hatt she value IS In gold.
ever, have uncovered ore bodies, in which the gold is
largely in excess of the silver.
NINE Is DRY: NO PUMPING-The mine ia
worked by levels from the side af the mountain. No
hosting machinery is required at prescott, and viii
other tunnel can be run IS feet below the preseni
lowest levd and still be above the foot of the noun
tain
EXTENT OF THE wORKINGS-The under
ground workings, levels. crosscuts, wines. tta, arr
found TO extend continuously for 20 10 feet along The
lode. There is good ore in both ends of the mine; in.
emit levels, and also in the bottom workings. NJ
limit is yet Known 10 the extent OF this great mass oi
ore.
ENORMOUS AMOUNT OF oRE-The lode is q
true assure. and continuous. 1t has been followed
about j. 200 feet north OF the present fnrtnest wark
ings OF the mine. and 1t Is certain that the ore extentf
mat distance or more. Similarly. il is known 10 ex
tend a long waYsouth. hr. HARRINGTON BLAUvELT
a Mining Engineer, who made an examination o the
length, calculates. as is shown In his report. that fI
every ten feet sunk on said length sngth of ieo9 feet ore
800 o"e va 1920 "O1c- - O.SN Oh yin
generally accepted theory. sustained by the history OF
mines. the dcp.h OF ore in a mine extends to about
extend north and south over two miles, a simple cal.
culation will demonstrate the enormous qua lti'y and
value of ore that may yet be extracted.
SIZE OF THE PROPERTY-This mining prop.
erty covers 2l0 acres. There are also valuable dam
sites. water rights. timber claims and a town site.
titles are unquestiona5ie. the Seven
Stars, Hillside, Happy Jack and other mines being
held under United States Patent.
EQUIPMENT-The mines are provided in a very
extensive manner with necessary buildings. such "a
COinpanys Tradlng store, Assay Offlces, stan Quar-
tiers. Blacksmith AMI Carpenter Shops, suitable NJ n
ers' Boar.ting house. clearinghouse, Mill and Reduc-
ton Works. Engines and Boilers, etc.
WATER AND FUEL-Boulde creek affords suf-
fclent water for running a 40-stamp mill eight
months in the year. A dam can be built which will
Afford water TO- the entire year. while wood. both for
fuel and other purposes, is readily Obtainable. The
Company OWNS valuable dmber claims, covering lS0
acres.
SUBSCRIPTIoNs-The right is reserved TO reject
any subscription. or to accept it in part before actual
the amount deposited on application will be return ii.
ALLOTMENT the whole m mnt applied for
be not allotted the amount paid ON application VIII De
applied ON sums TO become due on the allotment Re
ceipt will be given for all payments made, and the
CoInpanys engraved certificate will be delivered as
soon as practicable after all payments have been
made. Any instalment may be paid in advance undsr
discount at { ie rate of o per cent per anuum. Fail
nre 10 nay amy installment when due may forfeit ali
previous payments
REGISTRATION-Al certificates will be regis.
tered an countersigned by the Union Trust Company
DIVIDENDS Dividends will be paid in gold,
quarterly, from date of allotment. at the Office of the
PANY, No. Al Broadway. New York, U. $. A.
QUOTATIONS-It is intended TO list the shares
and apply for Stock Exchange quotations.
NEW YORK. september "a, 1882
who have separately I'M the property, also
showing an average yield per ton OF $225.27, and
expense Of only 81 per ton, together with maps.
obtained of INDUSTRIAL AND MINING GUAR