The North Platte semi-weekly tribune. (North Platte, Neb.) 1895-1922, May 05, 1916, Image 4

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    The Greatest Mnisig Offer
Ever Made in Colorado.
Colorado's most famous gold
mine that has produced and
paid in dividends to its former
owners one million dollars.
Shares at 10e a Share.!
This is probably the last proposition this cor-1
pomtion will make to the inveoting public This j
is the Company's cleon up yeor end this issue of
stock will probably furnish all the money needed, i
1 E
Because of life recent rise of Silver to 73 cents per
ounce, the Holy Cross Gold. 'Mining and Milling Company,'
in order to get ready to meet the urgent demand for Sll-1
ver and also to remodel its mill, has concluded in order to
raise the necessary money immediately so as to get to
work, to sell (200,000) two hundred thousand shares at,
(10) ten cents per share, which is an opportunity never be-
fore offered to our investing public, to buy stock at a low j
price on a rising market value of the same. But the own
ers of the Holy Cross Gold Mining nnd Milling Co. so as
to expedite matters must get right to work (o'takq out the
ore and milling the same ready for sale as a bullion. With
the now Cynide and Flotation of ore the mill, when re
modeled and equipped up-to-date, can and will save and
produce moro money now for the Company and its stock
holders out of its ores, Gold and Silver, with Silver at 73 V
cents per ounce, as it is today, than it ever did before the;
dcmonitlzntion of Silver In 1893. The cost of treatments
and the Improvements in machinery and devices and elee-.
tricnl inventions are the sole cause of tins, together with
Silver's raise in price..
The mine has produced over ($1,000,000) one million
dollars to its' former owners and operators at the (500)
live hundred foot level. There is a shaft sunk on the prop
erty, which consists of the Pelican Group of five patented
mining claims, tb a depth of (400) four hundred foot, and
a 3800 foot tunnel which cuts the shaft at a depth of (100)
one hundred feet lower, and there is a mill now on the
property, as the accompanying picture in this announce
ment shows, that cost about ($200,000) two hundred thous
and dollars.
Wo extend to you an invllaiton to join us in our un
dertakings, and by so doing you got in on the ground Jioor.
We feel that in asking you to invest with us in this en
terprise that we arc not only giving you a chance to male1
a large amount of money quickly, but that you and your
heirs will be permanently benefitted by an investment that
will pay you a continuous dividend in the years to come.
Our holding are located in the rich gold-bearing dis
trict is known as the Mt. of the Holy Cross, in close proriin
ity to Leadvlllc, Red Cliff and Breckenridge three of the
best known producing mining camps in the Btate of Colo
rado, and said to bo the greatest gold fields in the country.
This mine is not a prospect, but it is patented proper
ty, and has actually produced rich mineral-bearing ores,
and paid in profits to the stockholders and investors of the
former company before this, our present company.
They paid out in dividends to former owners over one
.million dollars ($1,000,000.00). The ore that was mined
and milled rau in value from one ounce to eight ounces per
ton, or from twenty ($20.00) to one hundred and sixty dol
lars $160.00 per ton.
This is shown not only by the assays made but by the
retorts 'f the gold bullion taken from tho plates when the
mine and mill were in operation. This ore was all taken
out below the four hundred-foot (400) level, both by shaft
and tunnel, thus leaving open a vast amount of stopiug
ground above on tho fourteen foot (H) vein of mill ore for
our mill for years to com6. The shaft being something
over four hudred (400) feet deep tho thirty-three hundred
(3,300) foot tunnel, which is run direct into the mountain
to cut tho fourteen (14) foot vein of mill ore on a level
with, me mui, uy which means tno ore is in easy access
through the tunnel to tho mill.
This property only awaits operation and not develop
ment to become a big producer and a big dividend payer.
As stated above, It has paid over one million dollars
($1,000,000,00) to former owners and stockholders, and it
will still produce. and pay large dividends If the right
amount of work is done on It under competent management.
Picture of Our Mill now on the Property.
ia
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mnirnmi r i
V I Ml MMB J I
i murium if
'.! at-1
1
Vlow Showing Open Vein
ASSAY
Recently talien by a. E. Stearns from fourtoon (14)
toot vein of mill oro.
No, 1 1.78-100
No. 2 l,7a-100
No. 3 1.(50-100
Tills Oro liody Still dues Down and Still Holds Its
11 Foot Width.
Gold lias made more wealth for the
country than any other single product, and
if it were not a profitable business it would
be discontinued. Because of our new and
late electrical devices and late modern ma
chinery and now processes, and with
the cyanide and flotation methods now at
hand it is a well known fact that mining in
all clascs is much cheaper done today, with
more accrued profits, than the same class
qf ores yielded fifteen or twenty yenrs ago.
Five hundred dollars ($'500.00) invested
today in gold mining stock will make more
money for the investor in a short time than
tho average man or woman would be able
to get investing in ether lines of business
in a whole lifetime. Stop and figure what
this means to you, regardless of the value
of the original purchase of the stock or the
amount of your investment.
It is the intention of of the mnngemonl
to dispose of only enough treasury stock at
this time to remodel the mill with late, up-to-date,
modern machinery, for the treat
ment of its ores, and when this is done tho
company should easily pay a 25 per cent
DIVIDEND THE FIRST 'YEAR. '
Tho quicker the stock is disposed
of and money raised so as to place the mines
and mill in operation, the sooner the com
pany can pay dividends.
This property is located on the head
waters of Cross Creek, and on the north
east slopo of Mt. of tho Holy Cross, and
about sixteen miles from Red Cliff and
eighteen miles from Loadville, with several
tributary streams which affords plenty of
water for power, mine, mill and also do
mestic uses. There is plenty of timber right
at hand for mine timbering, building pur
poses and luel.
The preaeht company has the utmost
confidence in the valuc-qf the property and
feels that in offering two hundred thousand
(200,000) shares of its treasury stock at 10
cents per share, that it is offering more than
it is asking, in other words, if the promot
ers were themseleves financially able to ex
pend the necessary money to again put the
mine in the producing class, they would not
now be offering any of the stock to the pub
lie. 'So in order to be able to put the mine
and mill in working order, t.o again pay div
idends, we have decided to sell two hundred
thousand (200,000) shares of its treasury
stock at ten cents (10c) per share, which is
far below its real value. We want to raise
the money quick and we believe this low
price will accomplish the result.
There has been about five hundred
thousand dollars ($500,000.00) spent in de
velopment work on this property.
The mill on this property cost about
two hundred thousand dollars ($200,000.00).
The great Homestead Mine, which has
produced millions of dollars, is. within a
short distance of this property.
The Hunk-a-Doory Mine, which pro
ducedHhe largest free-gold nugget Colarado
ever produced and which took the premium
at the Omaha Exposition, is within a half
mile of this property.
There is only a four thousand dollar
indebtedness against this property.
This company's property, Tho Holy
Cross Gold Mining and Milling Company,
consists of the Pelican Group of five patent
ed mining claims, of 24 49-100 acres, situat
ed on the northeast sido of the Mt. of tho
Holy Cross mountain, Holy Cross Mountain
Mining District, Eagle County, Colorado.
Below is an exact copy of a letter from
the Treasurer of Eagle. County, Colorado.
The district in which this company's
property is located is a gold; silver, lead,
copper and zinc mining district, and within
close proximity of this company's property
are such rare metal as carnotite, molybe
nite, pitch blende, uranium, vanadium,
tungsten and radium, and it is the inten
tion of our company to take over and .oper
ate such properties as the company would
deem profitable to them.
The Eagle County Treasurer's letter
follows:
"Red Cliff, Colo., March 25, 191G.
Mr. S. Goodwin,
1G41 California Street, ' '
Denver, Colorado.
Dear Sir: In response to telephone
call from Leadville, I would say that the
Pelican Group of mining claims consists of
five claims, viz.: Pelican, Pelican Extension,
Calumet, Little Mattier and Dclphine. Num
ber of acres, 24 49-100, and are located, on
the norteasterly side of the mountain.
Yours very truly,
A. F. CARLSON.
There is" not a line or quotation in this
announcement but what is an undisputed
fact, and will stand the most rigid and care
ful scrutiny and investigation, and the men
of the company are men of sterling integ
rity and wortlfTand their character is above
reproach, and they are known in their com
munity where they maintain residence and
home for their honesty and uprightness.
The company and its managers solicit
and invite you to call at Room 1, The La
mar, North Platte, to see samples of ore
and obtain literature. . -
Holy Cross Gold Mining and M
(LIMITED)
HOME OFFICE: LEADVILLE, LAKE COUNTY,
JOE M. BOTT, Secretary and Treasurer.
Local Office: Room 1, Lamar Rooming House.
iiling Lo.j
Phone Red 437
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