The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1908-08-08
MEXICO And THE ANCIENT
CITY OF GUANAJUATO

|
be in few years. The widest stor-
| les of ancient fiction will pale before
the actual accomplishment of
science and invention in this camp
within the next quarter century.
| Modern mining methods are already
taking millions out of ore that was
| thrown on the dump cast into bot
ftoms of drifts, and passed by be-
cause if was not of high enough
grade to be handled by old methods.
The present plants of the district
day. which will yield ten millions
{$10, 10000, 100000 a year profit. 1t
is safe to say that this will be null
tipled by one hundred within few
years.
AT this point the question may
arise in the mind of the reader,
How long will it last?" will it
not soon play out?" Not IL our life
time.
The Spaniards have been at it for
nearly four hundred years and have
really only scratched the surface.
The deepest of their works was
shallow in comparison to what is
being done by modern methods, and
where they did work they did not
take out over SO per cent of what
is now considered pay dirt.
Rand & McNally's Geography
says: Three centuries of constant
productiveness have not been suffi-
cient to exhaust the principal mines
originally worked in Guanajuato
WHILE BY FAR THE LARGER
PRODUCTION OF THE GREAT
VEINS REMAINS UNEMPLOYED"
The present cost of mining ores
in the Guanajuato district is not
over one-fourth to one-half of what
it was under old methods, while the
saving is now 80 to 95 per cent Of
the values, as against 40 to 60 per
cent with old methods.
1t is conceded that GuanajuatO
leads the world in the low cost to
which the recovery of silver has
been reduced
The American Mining and Mill
ing Company, composed of success
full Texas business men, with head
quarters at Dallas, own $50 acres of
!, valuable mineral land in the heart
, of the Guanajuato district On their
, properties are located several mines
among them the "SIGLO Xxx" q
| mine that was worked a hundred
years ago by the Spaniards. In this
> one mine they have 100000 tons o.
: low grade ore which will, with The
, recent installation of electric power
Z In the district and the application
: OF the newly perfected cyanide pro
/ cess of extraction, net them $500
: per ton with a stamp mill.
J For the purpose of installing this
mill, limited amount of the COM
: pany's full-paid and worcestershire
, stock will be sold in 500 shares
for s25 per share
: A small experimental mill of fiji
!. teen stamps has already been in
: stalled and has just completed a
test run of 100 days, which has
proven conclusively that the new
company can pay handsome divi-
dends with a large mill and cyanide
. plant and other modern equipment
sufficient to handle one thousand
tons OF ore a day. These will be put
J in at once and within IL months
time the first dividend will be paid.
i Already hundreds OF thousands
of dollars have been spent in the
development OF these properties, we
have a gravity railway Of steel from
the mine to the mill, over one mile
in length. The mine is equipped
throughout with chutes for the cheap
and rapid handling of the ore. A
telephone system has been put in
connecting the mine and the mill
and both are supplied with electric
lights. We have an invaluable gov
eminent franchise on the waters OF
the Santa Anna and La Joya rivers
J for milling purposes and hold per-
feet titles to all our properties.
Il 1T is NOW NOTHING MORE
NOR LESS THAN A MANUFAC-
TURING PROPOSITION. WHAT
RISK THERE WAS WE TOOK, AT
! AN EXPENSE OF HUNDREDS OF
THOUSANDS OF DOLLARS, BE-
FORE INVITING YOU TO JOIN
US. 1t is matter of running a
} large amount OF raw material
through modern appliances. THE
PROFIT IS SURE.
i W. s. Davis of Guanajuato, the
financial agent of the American
Mining and Milling Company, is at
the Rogers Hotel in Waxahachie for
a few days and will take pleasure in
explaining the proposition fully.