The Opelousas courier. [volume] (Opelousas, La.) 1852-1910, 1893-11-11
Rich Deposits Of Gold
Discovered in Randolph Co., Alabama

party of prospectors headed by Prof
Samuel Aughey, former metallurgist at the
Pinetucky mines, and Col E. P. Snow, an
expert mining engineer of Wyoming, have
struck an exceedingly rich body of ore in Ran
dolph 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 of surface deposits, in which this Sec
tlon abounds, and it was i'll tracing these de-
poslts to their source that Colonel Snow open
ed up the lode.
The Goldberg Mining Company has been
Incorporated to operate the claim, with Col.
K. z. Snow as president, Prof. Samuel Aug
hey 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 Thou
sand Shares at Ten Cents per Share, full
paid up and assessable, this is done in
order to realize additional capital to COM
mence operation at once Contracts have
been closed for twenty-five ton plant which
will be in operation within the next forty
days. The field is attracting much attention,
capitalists are Investigating its resources,
and prOspectors are hocking in.
Regarding the richness Of the property, an
incline shaft has been sunk to the depth of
over 100 feet with gratifying results, showing
constant improvement in both grade and
size of ore body as it deepened.
The ore body already opened up is practi-
cally lnexhaustible, and pans from $40 to
$40 and as high as 800 to tho ton, showing an
average of over twenty-five dollars.
An idea can be formed of the value of the
property from the opinions of experts who
have visited the field, to the effect that with
the necessary machinery, the company is ca
pable of paying dividend of 25 per cent per
annum on its total capital, which would rep
resent to investors at present $50 per cent
profit on their investment, and stock 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 small investment
We feel safe in saying that from the present
indications, the richness of the ore and the
increasing size of the ore body, development
will no doubt disclose wealth that will sur
pass even our most snnguine 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 cannot be
bought for less than its face value-One DoE
lar per Share.
Do not let tho opportunity slip by Secure
your stock at Ten Cents. This is positively
the only chance. Apply at once as the stock
will soon be taken.
All orders for stock must be accompanied
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 Civ
ing full particulars will be forwarded free on
application.
Address all communications to The Gold
berg Mining Company, No. 2 South Broad
Street, Atlanta, Ga.