The comet. (Johnson City, Tenn.) 1884-1916, 1893-11-16
RICH DEPOSITS OF GOLD,
Discovered in Randolph County,
Alabama.

A party ofprospectors headed by Prof,
Samuel Aughey, former superintendent
Of the Pinetucky mine, and Col. e. P.
Snow, an expert mining engineer of
Wyoming, have struck an exceedingly
rich body Of ore in Randolph County,
Alabama, in what is described by Prof.
Smith, State geologist as the gold belt.
The party were attracted to the field
by very rich paintings that were made
in the vicinity on surface deposits in
which the section a1ounds, and it was
in tracing these deposits to their source
that Colonel Snow opened up the lode.
The Goldberg Mining Company has
been incorporated to operate the claim,
with Col. L. P. Snow as president Pro-
fessor Samuel Aughey as vice president
and Mr.. j. E. Fiscus as secretary and
treasurer.
The capital stock Of the company is
one million dollars, with
SHARES AT ONE DOLLAR EACH.
The company are now offering FIFTY
THOUSAND SHARES AT TEN
CENTS PER SHARE, full paid and
non .assessable; this is cone in order to
realize additional capital to CONNIE ce
operations at once.
Contracts have been closed for
twenty five ton plant which will sbe in
operation within the next forty days.
The field is attracting much attention,
capitalists are investigating its re-
sources, and prospectors are focking in.
Regarding the richness ofIthe prop
erty, an incline shaft has been sunk to
the depth of over 100 feet, with crafty
ing results, showing constant improve
ment both in grade and size 0 ore body
as it deepens.
The ore body already opened up is
practically inexhaustable, and pans from
$40 to $40 and as high as 800 to the ton,
showing an average Of over twenty five
dollars.
An idea can be formed Of the value
of the property from the opinion of
experts who have visited the field, to
the effect that, with the necessary
machinery, the company is capable of
paying a dividend of rs per cent. per
annum on its total capital, which would
represent to investors at present $50
per cent. profit on their investment,
and stock that will at least be worth
three times its face value: THREE
DOLLARS PER SHARE.
| We leave it to the public to Judge Of
the safety Of the investment and the
immense amount that can be realized,
in short time, on a small investment
at present. We feel safe in saying that
from the present indications, the rich
ness Of the ore and increasing size Of
the ore body, development will no doubt
disclose wealth that will surpass our
most sanguine expectations, and we have
every reason to believe that as soon as
the first mill run is made, which will
be inside Of sixty days, this stock can
not be bought for less than its face
value-ONE DOLLAR PER SHARE.
| Do not let the opportunity slip by.
Secure your stock now at TEN CENTS.
This is positively the only chance. APP
ply at once as this stock will soon be
taken.
All orders for stock must be accom-
panied by remittance to cover the
amount--Ten Cents for each share.
: Upon receipt Of same we will mail you
your certificate Of stock.
: Correspondence solicited. Prospectus
: forwarded free on application. Address
all communications to THE GOLD
: BERG MINING CO., No. 2 South
: Broad Street, Atlanta Ga. 499-6t. (