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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 01, 1910
Page
18
Demonstrates ability and willingness to furnish investors with mining property facts. Claims largest up-to-date reports system cost 25000 dollars per year. Reports offered free to legitimate users including banks and brokers upon request. Prints part of a report covering properties across the country and Canada in varying development stages.
Calaveras Copper Company lists capital of 5 million dollars in 1,000,000 shares at par 5, with 450,000 shares in treasury and 550,000 outstanding. Bonds total 6 percent, $450,000. Directors include P Chester Thompson as president and Charles M Hayden as vice president. The Ames estate of Boston holds all bonds and a large stock block. Hayden and Cole serve as trustees. The property lies at Copperopolis Calaveras county about 16 miles from Milton on the Southern Pacific. The mine complex includes a 1618 to 510 acre land area with a 200 foot wide mineral belt proven for 8000 feet, with modern mills, smelter, power, and town lots. The ore deposits run parallel to the Mother Lode. ore chalcopyrite occurs in schist and serpentine. Eight ore chutes, three worked to 670 feet, with over 5000 feet of drifting. two-compartment shaft and a new three-compartment shaft in development. Buildings are steel with concrete foundations. concentrating plant planned for 600 tons, first 300 tons installed. second unit ready. Electric tramway links mine to plant. smelting plant includes a 100-ton reverberatory furnace and room for two more furnaces. Leaching and assay facilities described. all facilities designed for rapid start.
The Ohio Copper Company, Maine chartered with 15 million capital, outlines 120 acres at Bingham Utah and a 1480 acre mill site. A 4500 ton daily concentrator, Mascotte tunnel electric haulage, 1400 foot depth, and a 13 million ton ore block with high copper and gold values set the stage for an early May start. Contiguous with Utah Copper, the firms set a boundary line to avoid future disputes over ore reserves.
Ely Consolidated Copper Company reports updated drilling on the 400 foot level at Ely Consolidated near Ely White Pine county Nevada. Two samples from the west drift show assays of 5.00 and 5.40 dollars per ton gold with 41.2 and 31.4 percent copper respectively. The firm notes a strong gold value unusual for the Ely camp and outlines a quartz porphyry contact near Ruth Nevada Consolidated.
The Colorado Mining Company owns key Tintic district mines including Colorado Butte Morning Star Red Bird Success and more and is led by Jesse Knight. It has a 1 000 000 share capitalization at 20 cents par with strong ore-bearing channels and planned push to connect with Sioux Consolidated and Iron Blossom. past share prices surged to over $8. Operations include long-term ore deliveries to United States Smelting Refining and Mining Company and Jesse Knight Smelter with potential for doubled tonnage and higher dividends.
Nipissing Mines Company Ltd of Maine and New York reports a 846 acre property in the Cobalt camp centered near Little Silver and Kendall shaft. It outlines 1906-1907 developments, including multiple veins with high silver assays, 3500 ounces per ton in Kendall, and ongoing trenching, crosscuts, and shaft work across several crews. The Kendall vein, found May 1907, has produced around 75,000 dollars monthly at times.
The Ray Central Copper Company treasury holds 400000 shares and officers elected March 20 1909 include Julius Lewisohn president A Turner vice president B A Hazell second vice president J H Susmann secretary and treasurer. The company owns 180 acres in Arizona including Globe Isabella 30 acres Calumet 100 acres and Copper Contact 50 acres with substantial exploration and potential high grade ore. Development funds include a $2000000 mortgage bond offering convertible at par and a $285000 development funding arrangement with General Development Company giving Lewisohn and associates control options. A full stock report is available upon application from Charles A Stoneham & Co.
Two Acacia firms limit their duties to the offer terms and verify accurate authentic participation. Both organizations declare their roles clearly and commit to compliance with the stated conditions.
Fragmentary OCR text yields no clear entities or events. Summarization limited by unreadable fragments. no verifiable individuals, organizations, places, dates, or actions detected.
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