The Colorado statesman., 1912-03-30
THE ANTLER's GOLD MINING AND
MILLING COMPANY PROPERTY
IN ROUTT COUNTY, COLORDO.

OF ground with large deposit OF Tree
filling ore. The metals are free gold
and native silver. The gold is pre-
dominating. Assays can be picked to
run up into the thousands; samples
can be picked from the ore that are
more than half gold, but the average
value cannot be properly determined
until the ore can be extracted from
greater depth and tested by the car
lot. The surface ores, as nearly as
can be determined with their present
SIS and $40 a ton. The company is
going to install complete plant of
machinery in the spring of 40-horse
power capacity and sink the main
shaft to find the quality and quantity
of the ore at considerable depth, and
as soon. as the mine will justify it. the
company will erect mill to treat the
ore at the mine. The ore deposit on
the surface is twenty-siX feet wide and
can be traced for a distance of 1,400
feet, and | am not afraid to say that
in short time Will be able to prove
the Aptler's to be as good a mine as
any in this state.
The "Antler's" mine is situated in
the Hahns Peak Mining District, in
the county OF Routt and state of Colo
rado, and is the main source of the
placer gold in that district. The Hahn's
Peak placer was first discovered in
the COS and great deal of gold was
taken out of the gulches by panning
and rocking, and later on a hydraulic
plant was erected by j. B. Farwell of
Chicago, and a great deal of gold lIas
been taken out, but only a small per
centage of what exists in the ground
yet that can be taken out with a large
profit. For the last thirty-five years
continuous prospecting has been car
ried on and hundreds of thousands of
dollars have been spent in the search
for the source of the placer gold.
came to Hahn'S Peak in the spring of
1881, and seeing all the course gold
and nuggets taken from the placer l
took the gold fever and, together with
others, we started the first tunnel in
the district to find the lode from where
the gold came; but, like many others,
we met with continuous failures.
Placer gold can be found on all sides
of Hahn's Peak, but the most eXten-
sive placer is on the south side, and,
therefore, all prospecting has been car
rier on on that side, but in the mean
time a party of prospectors from Raw
Inns, Wyoming, came through the coun-
try and found some float on the north
side of the mountain which assayed
$1,000 in gold. Another party, from
Denver, found float in the same vicin-
ity assaying $44 in gold. Later on
Mr.. p. c. Coryell of New Castle did
some placer mining at the head of
Little Red Park, and through it |
found the gold was going up the noun
ta,, ,s..I,.
floats were found | started to follow
the gold up the hill until got on top
of a Flat Top mountain, where the
Antlers is now located. But was not
through, my discovery was not COM
pleted. | have. since that time, spent
eight years and $4,000 dollars to find
the ore in place. fhe ore body is now
cut at depth of fifty-five feet from
the surface in place and in a fairly
solid position. See what Mr.. Newton,
editor OF the Daily Mining Record and
one of the best mining experts, has to
say about it:
have now formed the Antler's Gold
Mining and Milling Company with a
capitalization of 5000 shares of stock
of the par value of 81 per share and
worcestershire. There is only one kind
of stock; 100000 shares of the stock
| call capital stock, and 100000 shares
are placed in the treasury for devel-
opment, machinery, mill and general
expenses. No salaries are paid to Of
ficers except for actual services.
am only holding $1,000 shares of stock;
$4,000 shares are sold to small hard
working business men in Denver at 90
cents per share, part cash, and the
balance | am to take out of the divi-
dends on the stock held by them until
paid, 80 cents per snare, which will
give me 500 in cash for the mine.
Now the company is offering $4,000
shares of the stock at 10 cents per
share, and possibly a few shares Will
be offered with a raise of to 10 cents
per share to raise the necessary money
to install a small plant of machinery
and to do the necessary development
on the mine to Justify the installment
of mill.
Now, at the present time this stock
is too cheap for the millionaires, and
we are not hunting them now, but we
will try to have the mine properly
opened up by September next, and by
the showing we now have the stock
should be considerably above par, per-
haps 81 per share. Then is the time
to draw the attention of capital, now,
in the meantime, while this 10-cent
stock is on the market, if you have
hundred or two dollars, and not enough
to make a start in any kind of busi-
ness, read this well over until you
understand it correctly and figure for
yourself what an investment of 500
is liable to bring you in one year, and,
take it on the other hand, with the
capitalization of 100000 shares it is
nothing big to expect dividend of
81 per share annually, which will give
$4,000 a year on an investment of $100.
If you have not got the amount of
money you would like to invest in this
stock, send us one-fifth of the amount
you want to invest and pay the balance
by June /, 1912. We will receipt you
for what money you pay, and if some