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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (March 4, 1903)
Wednesday, March 4, iqo? THE SUMPTER MINER MMMihhhhmtWWlt 9 it i If you will glvo us just n few mill utea of your valuable tlmo wo will briefly sot forth tho Merits and Future Possibilities of Our Property. Wo know wo have a splendid Busi ness Proposition, aud believe wo aro rendering good Borvico in spreading tho Untlntod Facts before you. Wo wish wo had au hour to talk tho mat ter all over with you; hotter still, we should llko to take you to our Property and show you every Foot of Gold Bearing Ground. Siuco theso are impossibilities, for the present at least, we kindly ask you to listen to our story. We are an Incorporated Body, known as tho OLD AltRABTRA GOLD MINING COMPANY. Tho Capitalization has been fixed at Ouo Million Dollars, Divided into Ouo Million Shares of the Pur Value of Ouo Dollar Each. Ouo half of this stock has been Reserved as Treasury Stock, tho salo of which will provldo amplo funds to Further Exploit the Property aud Purchuso tho Necessary Machinery to make it a steady aud Profitable Producer. This Stock is Nou-Asaossablo and carries no Porsoual Liabili ties. Siuco our Incorporation is Under tho Laws of Arizona. It is also Fully Paid whou tho Cortlflcato is Issued to tho Purchaser. In view of our vory reasonable capitalization, Not Prollt of only Ten Thousand Dol lars Por Mouth, would pay Twelvo per cent per annum, on tho pur valuo of tho entire stock, or tho Enormous Profit of Ouo Hundred and Twouty per cent per annum on tho present price of stock. Our Superintendent and General Managor, a mau of largo mining and milling oxporionco, vory conservatively estimates, that by handling ouly Twenty Tons per Day from our Richest Ledgo wo will havo a net Prollt of almost 920,000 por month, which would mako over 200 por cent Dividend a Year on tho Investment at tho Prosout Prlco. Where can You IIopo to Place Your Money that it Will Havo Greater Earning Power? The property which we own, free of all encumbrances, is located in the Granite District of the rich Sumpter Gold Fields. The Cougar, with a cy anide plant of 250 tons daily capacity, and the Monumental, one of the first Producers of the district, are near neighbors. We have four full quartz claims equal to 80 acres, ten distinct ledges varying in width from two to twenty feet across our ground. There have been exposed on the surface by the placer mining of previous days, and by 900 feet of underground development Three crosscuts have been run tapping these veins at depths of 50 to 100 feet. From two of the tunnels the former owner took ut ore netting him 7 5,000. The ore is free milling and concentrating, and carries some silver and gray copper values, gold predomi nates very largely. Numerous assays made at different times show the ore to be very rich; the av erage ore is about $40 per ton, the lowest assay showing $b and the highest 5jjq.7B. In addition to large ore-bodies, with splendid values, we have all the accessories necessary to Sumpter mining in the way of timber, water and buildings. All we need is your co-operation. Our stock is placed at a very fair figure considering the development and results achieved. We are anxious to have you make large money out of this entei prise, and therefore offer you stock at Ton Cents por Share, or one hundred dollars for one thousand shares "worth one dollar each. If you are interested in this Proposition, write us and we will be glad to place an interesting booklet iii your hand embodying all the details. Address all inquiries to Secretary Old Arrastra Gold Mining Co. SUMPTER, OREGON imMXIMWMtW mmmmmmmvmm i