The Opelousas courier., 1894-03-24
Rich Deposits Of Gold
Discovered in Randolph Co., Alabama.

A party of prospectors headed by Prot.
Samuel Aughey, former metallurgist at the
| Pinetucky mines, and Col. L. 2. 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
ton abounds. and it was in tracing these de-
| posts to their source that Colonel Snow OPEN
ed up the lode.
The Goldberg Mining Company has been
incorporated to operate the claim, with ttoi.
L. P. Snow as president, Prof. Samuel Aug
hey as vice president, and Mr.. j. e. Fiscus as
secretary and treasurer.
The capital stock Of tho company is one
million dollars with
Shares Al One Dollar Each.
The company are now offering Fifty 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 a twenty-five ton plant which
will he in operation within the next forty
days. The field is attracting much attention,
capitalists arc investigating its resources,
and prospectors are ilocking in.
Regarding the richness of the property. an
incline shaft has been sunk to the depth of
"NCi wv itcb Will Slutlil lus iSSuIlS, SuOWlhS
a constant Improvement in both grade aud
size of ore body as it deepened.
The ore body already opened up is practi-
cally inexhaustible, and pans from $40 to
$40 and as high as $50 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 a dividend of % 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 wilt 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 q 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 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 Dol
lar per Share.
Do not let tho opportunity slip by. Secure
your stock at Ten Gents. 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 FREQ on
application.
Address all communications to The Gold
berg Mining Company, No. ? South BROAD
Street, Atlanta, Ga.
For full information apply to C.. j. Thomp-
son Real Estate and Loan Agency, sole agent
for Opelousas, La. [nov II