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MINEBK00120
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Last modified
1/6/2009 9:35:32 AM
Creation date
11/18/2007 11:54:38 AM
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Mine Books
County
Clear Creek
Volume
7
Document
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Suffix
C
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~I' N!ONtIRCH POINTERS. <br />Monarch stack is full-paid and non-assessable. No personal liability. <br />~ ~ ~ <br />All stock registered by The International Trust Co., of Denver, Colo., which guarantees <br />against irregular or overissue of stock ~ ~ ~ <br />The Freeland mine has been worked for forty years, and the tunnel makes it good for at <br />least as many more. ~ ~ ~ <br />According to competent engineers, there are thousands of tons of low grade ote in the oli <br />hreeland dumps, and as much more in the stalls in the mine. As cost of treatment is reduced <br />all this will be worked. ~ ~ ~ <br />Treasury stock is now offered for the purpose of raising funds to drive the McClelland Tun <br />uel. There is sufficient stock in the treasury to drive the tunnel to the great Freeland veins. <br />~ ~ ~ <br />All stockholders are on equal terms. No preferred stock. <br />~~~ <br />Clear Creek and Gilpin counties, which adjoin each other, although the two combined cove <br />a very small area, have produced to date over $aoo,ooo,ooo in precious metals, and the Freelau <br />mine is in the very center of this district. ~ ~ ~ <br />' trw..: <br />There bas never been a labor strike in the Clear Creek section, in which the Freeland mine <br />~~ located. ~ ~ y <br />IL is an all-the-year-round camp, as they do not have the extreme cold weather and dec <br />snows of the western slope. Good roads are established all over the district. <br />~~~ <br />Clear Creek itself is one of the most important +vater courses in Colot•ado, and affords abu <br />lout water power for any purpose. The emupauy expects to utilize it. <br />,~ ae re <br />'Phe properties of the Mourach company have a known prodttctiou to date of over $3,Soo,oc <br />and this probably does not reach 5o per cent of t he gross vat tte of the ore taken from the props <br />ties, owing to losses by the old treatment methods. <br />~~~ <br />On the theory that a penny saved is a penny gained, it is interesting to note that the c <br />hreeland company paid mi average smelting charge of $ty.oo per ton. The same grade of < <br />can now be treated at less than $y.oo per Lon. FrcighC charges were formerly over $3.00 1 <br />ton, and arc now but $t.5o per ton. Powder, which averaged 42 cents per pound, can now <br />bought for tq cents, Slecl, candles and other supplies are proportionately cheaper. <br />~~~ <br />A good home reputation) Rend on the following pages what the people of Idaho Spri. <br />say about the Monarch company's properties. At date of issttnuce of this prospectus mos <br />the treasury stock sold has been taken by home people who are acquainted wftL the mine i <br />the officers of the company. <br />rq <br />
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