Rich New Douglas Creek Diggings Draw Miners At $780 Per Ton
News dispatch from Cheyenne reports vast placer deposits in the Douglas Creek district valued by US Geological Survey experts at 15 to 26 million dollars. Assays show dirt running 78.71 per ton in gold with magnetic iron and hematite. American Gold Placer Mining Company controls 480 acres and plans development led by Cheyenne executives including Max J. Meyer and Harry A. Chirke with backing from First National Bank.
MENTIONED IN THIS ARTICLE
New
Douglas Creek
Chayenne
Wyo
Experta
Frank Bevans
David T. Day
Division
United States Geological Surveys
Tay
Muneas City Journal
American Gold Placer Mining Company
U. S. Geological Survey
Occ
Medicine Bow Mountains
Gilpin
Boulder
Clear Creek
Colorado
State Geologiat of
Wyoming
Eartern
Medicine Bow Range
F. G. Bevans
Cheyenne
Albany County
Office of State Geologiat
Satrang Company
David Dey
United States Geological Survey
Value of a 480 acre placer claim yields vast gold profits
A 480 acre deposit holds 9,080 cubic yards of gravel per depth six feet totaling 3,546,400 yards with $1 free gold per yard. Extraction costs under a cent per yard leave net profits around 4.27 million from free gold, plus black sand valued at $780.71 per ton. The company anticipates millions for stockholders from the black sand alone.
Gold Mining Officers Named in Survey Item
Mr Bevany a listed officer of American Gold Player Mining Company and the gold bearing wand submitted by Lin to the U S Geologic Survey originated from our Douglas Uréek holdings.
MENTIONED IN THIS ARTICLE
Bevany
American Gold Player Mining Company
Lin
U. S, Geologica Survey
Douglas Uréek Holdings
Gold Placer Mining Company Stock Offer Highlighted
The document outlines the American Gold Placer Mining Company plans to develop rich Douglas Creek gravels. It urges purchase of stock at six cents per share to fund a proper mining plant and seize an anticipated surge in placer yields with the aim of becoming a major U.S. producer.
MENTIONED IN THIS ARTICLE
American Gold Placer Mining Company
Douglas Creek
New York Central
United States
Uchford
O. Glenn
Amores Civid Phicey Mining Co
Gold Ship Type Planned by American Gold Placer Mining Co
The company plans a dredge with huge buckets that scoop gravel and separate gold, using water power for low cost, boosting profits. Six such dredges are proposed, with funds to purchase them to be raised as needed.
MENTIONED IN THIS ARTICLE
Klondike
American Gold Placer Mining Co
Six Dredge Operation Promises Huge Placer Profits
The article touts six dredges as a path to high stock value, estimating two thousand cubic yards daily with low costs and a net profit around 1540 dollars per day. It highlights potential platinum and gold gains, claims a record production possibility, and urges investors to join before funds vanish.
MENTIONED IN THIS ARTICLE
Udeen Welentific
Also Mentioned on This Page
America
Geological Survey
Max J. Meyer
Wye
Harry A. Chirke
A. D. Jobustes
Flist National Bank
A. Claske
A. D. Jobuston
Frank
Bevuus
van L. Gilford
Guldawith
First Neifumul Bank
Henry C. Beeler
M. KL
Douglas Creek Placer District
Anc
Laramie
cotgRand
Erfear
Milan
Department OF the Interior, United States Geological Survey
Henry, Beplem, WM. M
Kansas City
Kansas City, MO
Prosperius
BITE
Torbay
E. U
Ulenn
Americae
Don
Kansas City Life Bidg
Kausac City
Sudkess
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