The Sumpter miner. (Sumpter, Or.) 1899-1905, May 01, 1901, Page 5, Image 5

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    Wednesday, May i, 1901
THE SUMPTER MINER
YOU STILL HAVE
A CHANCE o &
THERE ARE JUST 18.500 SHARES REMAINING
UNSOLD ON THIS FIRST DAY OP MAY, OP
THE 50,000 SHARES OP STOCK OFFERED AT
FIVE CENTS-
Gipsy King Gold Mines Company
Shares Non-Assessable
JrX. I yOtNWf Soy --". V
-ZiMjr Ir s' v
Strerotf rovfif &roenry
GrrsrA'ArG &JLTrrS Copy. c3r3.
THIS company's properties are situated in the rich Cable Cove district. The ledge has been stripped for a
distance of 200 feet. On the surface it is five feet thick, and averages better than 20 in gold, with silver,
copper and lead values in addition. The lowest assay gave $14.92, the highest 49.60.
A tunnel has been driven 7c feet and is now in the casing of the ledge. The vein will surely be cut in less
than 1 5 feet, at a depth of about 48 feet. Just across the creek within 200 yards of the mouth of this tunnel, on
the same vein, in the Gipsy Queen, at sixty feet in depth, the ledge is eight feet wide and the average values run
about $30.
All Gipsy King stock, except treasury shares, is pooled and placed in escrow in the First Bank of Sumpter,
guaranteeing buyers of treasury stock against a flooded market. This is an important feature for prospective
buvers to consider. Underground miners in the vicinity, knowing the property and the men who are working it,
are buying this stock with money saved from their wages; others offered to work in the mine and take half of
their pay" in stock. '
"""" "After the 18,500 shares are sold, no more Gipsy King stock will be sold at that price. When the ledge is
cut, at an early day, the price will be advanced to whatever figure the indications then warrant.
' ' Granting that these plain statements are true, mining men will concede that no better buy could be desired
than Gipsy King at five cents. That they are strictly and accurately correct, enquiry will demonstrate.
They are made in The Miner here at home, where their truth can be' proven by a two hours ride. Wl III ' shltf JM.!'
All orders for stock should be accompanied by the money, addressed to J.' H Robbing, President 'or the
First Bank of Sumpter and treasurer of this company. For further-information, address " -'. "
OTTO HERLQCKER, Secretary.
Sumoter. Oregon
"ii 1 1 i4.,w it ' 1 -rtT ft ft 1, ml trlt
wa tifWinv
M
i
1.3W. t-l f v 4t I