The comet. (Johnson City, Tenn.) 1884-1916, 1893-12-14
RICH DEPOSITS OF GOLD,
Discovered in Randolph County,
Alabama.

A party fprospectors 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 abounds, 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. E. P. Snow as president, Pro.
fessor Samuel Aughev 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 done in order to
realize additional capital to CONNIE &C
operations at onc'.
Contracts have been closed for a
twenty five ton plant which will lbe 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 ofGthe prop.
erty, az incline shaft has been sunk tC
the depth of over 100 feet, with crafty.
ing results, showing constant improve.
ment both in grade and size OF ore body
as it deepens.
The ore body already opened up is
practically inexhaustable, and pans from
$40 to $40 and as high as $50 to the ton
showing an average of over twenty five
dollars. ''s
An idea can be formed of the value
of the property from the opinion Of
experts who have visited the field, tc
the effect that, with the necessary
machinery, the company is capable Of
paying dividend of Is per cent. pei
annum on its total capital, which would
represent to investors at present 25C
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 a short time, on small investment
at present. We feel safe in saying that
from the present indications, the rich.
ness Of the ore and incl easing size Of
the ore body, development will no doubt
disclose wealth that will surpass oul
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 car
not be bought for less than its face
value-0NE 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. 1896.