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I,onexgan back to the H' sneos connirc to farther investig'a'te the minaral Possibrliiies, and a two-yesrs' contract was entered
<br />in}o xei{h liim, with the object of bavingfor myself and associates the desirable properties there.
<br />T was #ally contemplated that to bar these properties right, it world take time. Has investigations covered a
<br />.period of thirteen months be#om inveiing s dollar. >I'is nrst pTn'ehase was the interacts of the Hon. 4eorge Bauer, a
<br />banker of h3aneos whose interests were larger than .are other htilder, and a#ter two pears' faith#nl and inteIligent work,
<br />he ~-ncceaded in getfino ~e titles io th iie.4rable groap oS gaId-bearing properties• The details of -Prodnetion; dfficial and
<br />snbstaniaaied 'oy ti. 5. 3Fini mtnrnc Qi the 'nnIlion sold, and Smel•__p Companc Certificates of ores sold to the Smelt-
<br />irTe Compsnr are given hereTCiih. - ...... ,
<br />Durine the stammer and faIl of 1S9S, a :RTn of 9x0 ions was made in the small mill mentioned, Melding bullion
<br />which sold far e6.5S5.7-3. Daring the sammer of 1399. the time of 3Lr. I,onero°an's visit to these properties, 735 tons were
<br />treated fir. the mill daring the months of Tmme; _Jnly and ~ngnst, Welding $11;66a3~; -;'fielding on the plates an average of
<br />Si 5.97 ^ ion. of bullion 900. fine the tnilix4~r from-ibis o_perarion being impommdedw.
<br />Eeceral cared fia=t of ih~;s tailinsr have been made. the rwge of ralnes shown from $21.SD a ton to 20.I0 a
<br />ten. ihl'n la.: sampling being order me awn ace and superirion. ~',- ~~
<br />about the 10th of 9ngWrt_ o: f"i; czar. one-afiness~claims, the SU~~OT9Id, passed temporarily into the hands of
<br />a pWrzhaser order contract of nnrchare and lea:•e at 8ixiy Thousand DoLars, who commenced shipments to the Smelter
<br />a: Dn~.e, Cola., on Sep. i3. 1599. and continued .o \oc. 18. i699, daring which time 001,570 pounds of ore were ship-
<br />xc. ;.stag an av~~..gz calve of ?9.40 p=_r ion n-ithont,orting. Disagreem?nts between the operators and owner:
<br />ariin_. izd nn io iitigaiion and dosed down the properties miil the summer of 1900, and zn the fall of this year my agent
<br />~ee>zaed iP. negotiating the Saner interim-fir and continued his purchase= rep to Deeemberlst, 1901; sTlrceying for pat-
<br />er~ me r"nnatzsted claims. commenced the ereerion of a modem miL, ore bins, boarding horse, commissary, office and
<br />laboraiarc ;Wilding, bmk hoar, #or th=_ men. getting,in maehinerv; #Wel and..-other supplies, which work is now in pro-
<br />gr= =with thz inientioi of having eceryfhiag in cromeeiion with this prope*ty in firsbelass condition before starting; SO
<br />TEST TEE PEDPEETF ST3ETS OFP li'ITH 3L71 ITB PSOPEETP P9ID F'OP, WITH dLL ITS EQO'IP-
<br />3,'F_l~Z' Pa7n FOE, 3_~1D TS'ZTH 3 CASH S7iEPLL'S OF EIGHTY THOITS~ND DOLL9.&S 71V" CgSH dS ~.
<br />rsSFPrg FZ'_'+D; mdz the advice and eoWnsel of me Engineers; That a good strong reserve in cash should be estab-
<br />l~zc_ arc a it apnzals to me own commercial sen_=e as ii v t1Te consensus of opinion of my associates and a part of our
<br />~~.~~i n-iih each other. Enough sha^~ are nf4ered ior =-aiT~eriptionat 20 cents a share to raise this cash reserve of
<br />F;vhc Tna-..~nTi DollsY sn'rc~iption blan'ssceing Beni oat with this .statement for corer consideration" Ecenthing
<br />iha= morzc. mil and espe-ienez can do to bring w Companc into the front mnk of the prodneing mines of the state
<br />..~ ...3 r.T...:, +.,.4 tt,o -_1-;TTe.7 a...7 oRi~: o.~+ mm~lncar7 to hrinn }hit rwcn~l'.
<br />a~.a~ ma cf long e~-pz*ienc~ tzchnicai t"aining. taxable and indW.=trious,. I ]mow of no reason why even- expectation
<br /><_hau'c na:-be reaLzzd" - - ~ -
<br />have plaezd before van z1 wz imown fac'~, the fie=is of past nroduetion, and it is not Trnreasonable to e~.-pect, un-
<br />de- s= ea_-~~ managzment scnic'n w;n ce _ic2r to thesz proper5e_, that, within s reasonable time the shares should reach
<br />a ca?ae c Ni.DD a sharz. -
<br />J3~fE5 DOYLE, of Victor.
<br />Sm~TY'ltFl~-T pF E. H. TO?1L. af. E..
<br />8anerir>er,denYln Ci,arae 3t 'hz affixes.
<br />i=aan mp risi: ;~ tae Eao: 3ianc~ reg'sor ? }vas mneb r~lrpri~ed and -impre~ed -with the magnitude and rich-
<br />n~ e the ore bodice Thz eW~*e eomm?r is mm-: h"9 1r r~nexalized, the monniain_ ecercwhere exhibiting signs of great
<br />raiz&nie di-mrbance, ~-~-zr, ^~ae:e~ and pane: of weal-nz" #omTing a veritable network of mineral careing in char
<br />a..r'vm imr3, cropaer, manganz~ and =~vn are_ an he La P~;;- ode, to silver and gold bn the North side Hof the Earl
<br />Tree pa*ticniar v=e `a* Fri;s_ -tee p=~, n m= designed z~~estiallc gold; the calves being abcmt oquaiic divided
<br />b?~~ :z z~lpnidz< rmc ..e astir m~.a. Z' s?= in a Ulankei denoai in the -centaet beticeete the limestone and th¢
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