The Opelousas courier. [volume] (Opelousas, La.) 1852-1910, 1893-11-18
Rich Deposits Of Gold
Discovered in Randolph Co., Alabama.

A party of prospectors headed by Prof.
Samuel Aughey, former metalurgist at the
Pinetucky mines, and Col. E. p. Snow, e1
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,
tIon abounds, and it was in tracing these dc
p0sits to their source that Colonel Snow open
ed up the lode.
The Goldberg Mining Company has been
! incorporated to operate the claim, with Col
T.. L. Snow as president, Prof. Samuel Aug
hey as vice-presdent, and Mr.. j. e. Fiscus as
secretary and treasurer.
The capital stock Of the company is one
million dollars with
Shares Al One Dollar Each.
6lhe company are now offering FTfty Thou
Sand Shares at Ten Cents per Share, full
paid up and worcestershire, this is done in
order to realize additional capital to com
mence operation at once. Contracts have
been CLOSED for il twenty-five ton plant which
VIII he III operation within the neXt forty
days. The field is attracting much attention,
capitalists are investigating its resources,
and prospectOrs are Ocking in
Regarding the richness Of the property, an
incline shaft has been sunk to the depth of
over lOO ieet with gratifying results, showing 1
"a constant Improvement in both grade and
size Of ore body as it deepened. y
Ihe'bre body already opened up is practl- ),
cally lnexhaustlble, and pans from $40 ,oA
$40 and as high as 800 to the ton, showing SnN
average OF over twenty-five dollars.
An idea can be formed of the value of ( ~
property from tho opinions of experts WHO
have visited the field, to the effect that with
the necessary machinery, the company is ca
pabIe of paying a dividend VI 2j 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 ut
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 a 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 sanguine expectatioDa,
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 Dol
Tar 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. 9 South Broad
Street, Atlanta Ga.
For full information apply to G. j. Thomp-
son Real Estate and Loan Agency sole agent
for Opelousas, La. Gnov Ii