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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (March 18, 1903)
Wednesday, March 18, 1905 THE SUMPTER MINER l&Wt(XHWWW0(WtX If you will give us just a few min utes of your ralunble time we will briefly net forth the Merita and Future Possibilities of Our Property. We kuow wo hnvo a splendid Husl nesa Proposition, and believe wo lire renderiuK Reed service in spreading the Untluted Facts before you. We wish wo had au hour to talk tho mat ter all over with you; better still, we should like to take you to our Proporty und show you every Foot of Gold Bearing Ground. Since these are impossibilities, for the present at lenst, we kindly ask you to listou to our story. Wo nro an Incorporated Body, known as the OLD AKKASTKA GOLD MINING COMPANY. Tho Capitalization Iuih boon llxod at One Million Dollars, Divided Into Ono Million Shares of the Par Value of One Dollar Each. Ono half of this stock has boon Reserved as Treasury Stock, the salo of which will provide ample funds to Further K.xploll the Property and Purchase tho Necessary Machinery to make it a steady and Prolitablo Producer. This Stock Is Nou-Assossable and carries no Personal Liabili ties. Sluco our Incorporation is Under the Laws of Arizona. It Is also' Fully Paid when tho Certlllcato is Issued to tho Purchaser. In view of our very reasonablo capitalization, Not Prollt of only Ten Thousand Dol lars Per Month, would pay Twelve por cent per annum, on the par value of tho ontiro stock, or tho Enormous Prollt of Ouo Hundred and Twonty por ceut per annum on tho present prlco of stock. Our Suporlntoudont and General Manager, a man of large mining and milling oxporlouco, very conservatively estimates, that by handling only Twonty Tons or Day from our Richest Lodge we will have a not Profit of almost 920,000 por mouth, which would mako over 200 per cent Divldoud a Year on tho Investment at the Present Price. Whero can You Hope to Place Your Mouoy that it Will Have 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 cyanide 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 56 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 enterprise, and therefore offer you stock at Ton Cents &&r 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 gbHwmimmmmmmmmwm tuMWMWMwumwwtiwHiwuniwn mmmmimmmimmm0i0m w tl