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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (March 11, 1903)
Wednesday, March n, 1903 THE SUMPTER MINER tortrtrtWtwwMiWiwwniMrtiw V.. If you will giro us just it few min utes of your valuable tliuo wo will briefly set forth tho Merits mid Future Possibilities of Our Property. We kuow we havo a Bpleudld Busl Iie88 Proposition, aud believe wo lire rendering good service iu spreading the Uutiutod Facts before you. Wo wish wo had an hour to talk tho mat ter all over with you; bettor still, we should like to take you to our Property and show you every Foot of Gold Bearing Ground. Since these are Impossibilities, for tho present at least, wo kindly ask you to listen to our story. Wo are an Incorporated Body, known as tho OLD ARRASTKA HOLD MINING COMPANY. Tho Capitalization has boon fixed lit Ono Million Dollars, Divided into Ono Million Shares of tho Par Valuo of Ono Dollar Each. Ono half of this stock has boon Reserved as TroiiHiiry Stock, tho salo of which will provido umplo funds to Further Exploit tho Property aud Purchaso tho Necessary Machinery to make it a steady and Prolltublo Producer. This Stock is Non-Assessablo aud carries no Personal Liabili ties. Sluco our Incorporation is Under tho Laws of Arizona. It is also Fully Paid whou tho Certiilcato is Issued to tho Purchaser. In view of our vory roasonablo capitalization, Not Profit of only Tou Thousand Dol lars Por Mouth, would pay Twolvo per cout per annum, ou tho pur valuo of tho outiro stock, or tho Euormous Profit of Ono Hundred aud Twenty per cout por annum ou tho presont price of stock. Our Superintendent and Gouoral Mauagor, a man of largo mlulug aud milling experience, vory conservatively estimates, that by handling only Twouty Tons por Day from our Richost Ledgo wo will havo a net Profit of almost 120,000 jw mouth, which would mako ovor 200 por cout Dividend a Year ou tho Investment at tho Presont Prico. Whore cau You Hope to Placo 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 500 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 75,000. 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 $6 and the highest $$9.78. 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 per 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 in your hand embodying all the details. Address all inquiries to Secretary Old Arrastra Gold Mining Co. SUMPTER, OREGON 6wmrwTrnTnTrrnTr "" ji m whiwmmmww