The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1901-02-22

Capital Dividends
Name Of Mine. Stock Paid.
Empire State ..,.$1, 100000 $165,00t
Idaho ........ :. 100000 $4,000
lie Roy. 100000 S25,00t
Reco ........ eel 100000 1900
Standard ..... .. 100000 Las, ,00t
War Eagle ....... 100000 3O9,0 ,00C
! Alice ..... ..... 10,000,000 1,0O0, ,0OC
Anaconda ..... 80, 100000 10000 .00C
Parrot ....... =. 100000 5000 ,0OC
Mont'a Ore Pinch 2,50O,0O0 1,125, ,00t
The Colorado .... 100000 1000 ,000
At the time stock was sold in the
foregoing mines at only a few cents per
share no one dreamed that within q
few months tlse shares would be worth
much more than par, and that the
mines would be earning dividends
amounting to millions of dollars an
nually. Yet such is their history, as
can be verified by the statements pub
lished by the director of the mint.
Other mines, no more promising than
| are the mines of the International Min
ing & Development Company, have paid
| such dividends; why may not this COM
pany's mines, with proper management
be added to the list of big dividend
payers?
DETAILED REPORT ON THE COM
PANY'S CLAIMS.
In order that prospective purchasers
of stock may be fully advised of the
exact condition of each of the mineral
claims owned by this company, a full,
| detailed description of the same is
herein given, showing the amount of
development work done, the values OF
the ores already mined, the results OF
assays, mill runs and other tests.
THE MOLLY STARK GROhP.
The Molly Stark group of quartz
ledges is located near the village of
Auburn. in Placer county, California,
upon 100 acres Of patented land, the fee
simple title to which is owned by the
International Mining & DEVELOPMENT
Company. The titles are perfect. and
the four separate quartz lodges which
compose the group, traverse the 100
acres diagonally across the center of
the tract.
Through the land extends Dutch ra-
vine, which forms the course of Dutch
creek, a living stream of water, capa-
BILE of furnishing water for mill and
power purposes the entire year. Along
this ravine, in the early sixties and
seventies, placer mining was carried on
extensively, and along the course of the
creek, upon the 100 acres owned by this
company, the gravel has been worked
over and over again. hundreds of
thousands of dollars having been wash.
ed from the bed of this stream.
PLACER GOLD
can still be found in the gravel along
the banks of the stream at almost any
point.
The quartz ledges upon the land
owned by this company no doubt fur
nished large part of the placer gold
which was washed from the bed of this
stream, as it is matter of common re-
port. in and around Auburn. that the
rich placer washing in Dutch ravine
was all below or down stream from the
ledges on this land.
There are four separate lodges upon
the land. The Eureka" the "Ethel. !"
the Flora and the LENA. "All of these
ledgesoutcrop at the grass roots and
can easily be traced for hundreds of
feet. Indeed, from the grass roots to a
depth of IL to IA feet nearly all the
quartz has been removed by old miners
who mined out all the quartz from the
surface and hauled 1t to the custom
mills for
THE FREE GOLD
which 1t contained. This work was
done many years ago, before the land
was patented, and the course of each
of the ledges may be traced by deep
trenches or excavations which were
made when the quartz was so removed.
The quartz upon the surface along
each of these ledges will average from
81 to SIS ton, and is all free milling.
The 'Ethel," Lena" and "Flora''
ledges are from 2 to 3K feet wide and
each true contract lodges. The "Eu-
reka" is a strong six foot ledge rum
ming east and west and parallel with
the other lodges. 1t Is upon the Eureka
that the shaft is being sunk. At depth
OF 30 to 40 feet, remarkable changes in
the character of the ore were noted;
across the entire width of the ledge at
the bottom of the shaft at this depth
the
ORE WAS DECoMPOsED
anu stronBiy mlAeu WIN Ocnre. NO
finer ore was ever taken from any mine
In Placer county than was taken from
the shaft at the 40-foot level. Several
sacks of this ore were taken out and
shipped to the Selby Smelling & Lead
company, of San Francisco, and from
the report returned the ore was found
to run from $39 to $1O2 a ton. A drift
was extended east at this level for a
distance of 80 feet and continued all
the way In this high grade ore. This
drift was abandoned, however, as 1t was
feared 1t would injure the mine II II
was continued SO near the surface. The
shaft was continued to depth OF 120
feet. Until depth of 80 feet had been
reached the ledge continued from four
to six. and In one place was seven feet
In width. and the ore In value from
e4.50 70 $50. 4 number Of assays were
- -. -.