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About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View This Issue
Wednesday, April 22. 1003
THE SUMPTER MINER
-x ' .
THERE IS GOLD
IN THIS TUNNEL
t e $ t et jft e
THE MAGNOLIA IS A MINE
It is equipped with a con. plete modern 1 o-stamp mill.
No company in the state has better buildings, boarding and bunk houses, barns,-
shops, etc. These improvements cost $50,000.
There is over 1700 feet of workings on the vein. The tunnels are connected by up
raises. The lower level is in over 700 feet, having a vertical depth of 400 feet.
There is blocked out and on the dumps ore worth more than $$00,000, with an aver
age value of eleven dollars a ton in gold, which is increasing every foot gained in depth.
THE MAGNOLIA WILL PAY DIVIDENDS IN 1903
$50,000 is needed, with which to double the mill capacity and put in a cyanide plant,
which will place the property on a dividend paying basis. There are no "ifs or ands,"
conditions or contingencies qualifying this statement. It is as sure and certain as anything
can be in the realm of human affairs. To raise this money, the property consisting of
seven full claims, with four distinct veins has been incorporated for only $1,000,000, and
100,000 shares are offered for sale at
SO Cents Per Share
Make drafts payable to R. H. MILLER, treasurer of the company, who is also cashier
of the First National Bank of Sumpter.
For further information and illustrated prospectus, address,
Magnolia Consolidated Gold Mines Co.
SUMPTER . OREGON