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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Nov. 6, 1906)
17 OF GOLDFIELD t Authorized Capital, $500,000 Treasury Stock, $250,000 NON-ASSESSABLE THE MORXING OREGONIAN. TUESDAY. ' NOVEMBER 6, 190G. iwoMawlkJ ramie Leas UNION PAR VALUE $1.00 FULLY PAID SUBSCRIPTION PRICE 25c PER SHARE Adjoining the "VELVET" Adjoining the "SILVER PICK" Adjoining the "JUMBO" Adjoining the "MOHAWK" Five Hundred feet from the " HAYES -MONETTE" lease with a monthly output of $2,000,000. Two Hundred feet from the "RED TOP" with $3,000,000 in sight. A GLANCE AT THE MAP OF THE GOLDFIELD MINING DISTRICT WILL SHOW FEW MINING PROMOTIONS OF RECENT YEARS THAT HAVE' EMBODIED SUCH UNLIMITED POSSIBILITIES AS THE MOHAWK JUMBO LEASING SYNDICATE STOCK. THE PROPERTIES OF THIS SYNDICATE COMPRISE TWO LEASES, KNOWN AS THE JUMBO EXTENSION LEASE AND THE MOHAWK EXTENSION LEASE. THE JUMBO EXTENSION LIES BETWEEN THE VELVET AND JUMBO, AND IS SURROUNDED, OR ADJOINS, THE FOLLOW ING BONANZA LEASES, WITH OUTPUTS AS FOLLOWS: DRISCOLL $ 500 a day GARDNER-ERICKSON 1,000 a day KANSAS CITY : . . 2,000 a day VELVET . 4,000 a day KALFUS-PENNINGTON 10,000 a day ST. IVES 10,000 a day HIGGINSON .. 15,000 a day and is about Three Hundred feet from the Bowes-Kernick lease, with a prodtiction to date of $1,800,000. The Mohawk Extension lies between the Silver Pick and Red Top, and is an extension of the MOHAWK the latter now generally conceded to be the greatest gold mine in the world. ' The Mohawk Extension lease is about Four Hundred feet from the following leases, with a production as follows: V MACKENZIE NO. 1 $ 1,000 a day KALFUS 5,000 a day BR ADBURG-CURTIS 7,000 a das SHEETS-ISH , 10,000 a day FRANCES-MOHAWK '. 50,000 a day and about Five Hundred feet from the world-famous "HAYES-MONNETTE," with a monthly output of $2,000,000! It will thus be seen that the MOHAWK-JUMBO LEASING SYNDICATE properties are surrounded by bonanza mines, and a comparison of prices will show that this is really one of the most extraordinary investment opportunities of recent years. What the possibilities are'can best be shown by giving the results of surrounding properties. - The great MOHAWK, the adjoining property, which is quoted at FIFTEEN dollars a share, sold at eleven cents a share in January last. RED TOP, Two Hundred feet to the north, sold at $4.25 a share this week, while a year ago it was twenty cents. SILVER PICK, adjoining on the west, sold at $1.60 this week, while six months ago it was begging at eight cents. THERE IS NOT A PROPERTY IN THIS ENTIRE DISTRICT THAT DOES NOT SHOW A HANDSOME ADVANCE OVER QUO TATIONS OF SIX MONTHS AGO, AND A PURCHASE OF THIS, THE FIRST OFFERING OF TREASURY STOCK OF THE MO HAWK JUMBO LEASING SYNDICATE, PRESENTS POSSIBILITIES OF PROFIT EQUAL TO ANYTHING IN THE DISTRICT I The SYNDICATE is officered by men who have achieved marked success here on the ground, the Board of Directors being composed of such men as J. R. DAVIS, of Loftus & Davis, who opened and developed the great Sandstorm mine. Mr. Davis is the principal owner and Vice-President of the Gold Bar, the famous mine of the Bullfrog District, as well as being Vice-President and principal owner of the Nevada Hills, the principal mine at Fairview. H. T. BRAGDON, Vice-President, is also President of the Goldfield Mining Company, and President of the Goldfield Stock Exchange. Mr. Bragdon is prominently identified with many of the most successful enterprises of Goldfield and is also President of the Mohawk Jumbo Leasing Company, operating the Truett lease, which returned to its shareholders on its first dividend the amount of their investment of twenty-five cents per share. v SAMUEL R. MASON, President of the California Borax Company; AUGUSTUS TILDEN and E. H. LATIMER complete the Board. MAJOR W. A. STANTON, Manager and Consulting Engineer, is one of the most favorably known engineers in Goldfield, and has no superior in his knowledge of the District. Under his direction the work is proceeding at a rapid rate, with double shifts of men at work on each property. - The shaft on the JUMBO is down sixty-four feet, while on the Mohawk it is down one hundred feet, and has already cut a stringer of ore running One Thousand Dollars to the ton, showing close proximity to big ore body, which is likely to come in with any shot. Two 20-horsepower gasoline hoists have been ordered and wili be on the ground within fifteen days. There is no reason why the Syndicate should not be shipping within thirty days ; dividends should quickly follow and in all probability the first one will equal the present price of the treasury shares, as was done on the Truett lease and scores of others. This will be the first, last, and only offering of Treasury Stock at 25c per share ; so ACT QUICKLY IF AT ALL. Reservations should be made by Telegraph to insure consideration, and remittance by bank draft or certified check must be forwarded immediately after allotment is made ; otherwise allotment will be void. COMPANY O NEVADA GOLDFIELD, NEVADA References: Any Bank in Nevada