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<br />THE SARATOGA PYRITIC SMELTING COMPANY,
<br />By
<br />- Reference:- Cashier Bank of Ouray, 0uray, Colo.
<br />P. S. The State of Colorado maintains a Bureau of Mines at
<br />- Denver from which information of a statisticial character can be
<br />obtained.
<br />C. b. ANDREW b, Pw,warw,.
<br />y/, J. BAWYERi Yar Pwn, Iwo GLw~Y Maw.
<br />E. C, pNODEb, Dww,on.
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<br />E. N. MATNCR, SronminY. ' ~.~ I'
<br />r. E. BUeeY, Tnuwnq,~~l++pp (p'9' {;
<br />The Saratoga Pyretic Smelting Company
<br />home Office, 204 Califoroie Building. 6enerel Maneger'b Office, Ironto0. lulu. ~ .~~
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<br />BMELTEp LODATION ~ ~ ~ ~'
<br />pEp MOUNTAIN DISTRICT ~ ~ '
<br />OURAY COUNTY, COLORADO DpR,T~mn CO~ ,
<br />"' ~ , ..+" 1902. ,
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<br />DEAR SIR:
<br />Our attention has been called to the fact that you would
<br />probably be interested in a good investment and therefore we
<br />desire to submit to you the proposition of the SARATOGA PYRITIC
<br />SMELTING COMPANY.
<br />Our property consists of the °°Saratoga Group ". of seven lode
<br />claims in the famous San Juan Mining Country,. Within a radius of
<br />six miles of the smelter are located the greatest mines in
<br />Colorado, The Virginius, Yankee Girl, Guston, Camp Bird, Gold King,
<br />Sunny Side, Tom Boy, Smuggler-Union and others too numerous to
<br />mention, having an aggregate output of over $150,000,000.
<br />Our Saratoga has a recorded output exceeding $250,000 and has
<br />in sight hundreds of thousands of tons of ore assaying under $25
<br />per ton.
<br />In the days of the operation of this mine, no ore was shipped
<br />that ran less than 40 ozs. silver per ton. We mention this fact
<br />to lay special stress on the immense values that can be saved by a
<br />Pyritic Smelter whlch is especially adapted ,to the. treatment of
<br />low grade ores containing gold, silver and copper.
<br />On our mill-si.te is a solidly constructed.bui~ding 186x192
<br />and 75 feet high, having five floors, and containing a reverberatory
<br />furnace for the treatment of high grade gold-silver ores.
<br />We propose to remodel this smelter putting in a pyritic
<br />furnace of 100 tons daily capacity, in which we can extract all
<br />values at an expense of $3.00 per ton.
<br />To furnish part of the necessary funds the Board of Directors
<br />havo a„4hnainnA +l.o cnlc of Gn nnn L. 1... of ikc +.. .++,, .. ~.
<br />..v v.i v.Vt rV Yll v/ J41V V1 VV,VVV IJ 11Wi Vll V• 1Y9 YL VaNll ~ly g4Vti ,~
<br />at 50e per share, issuing no certificate for less than 100 Shares
<br />or over 5,000. Books open for subscription Feb. 24.
<br />In our prospectus which contains views of the Company's property
<br />is given Mining Engineer reports and data showing the actual daily
<br />profits of a 100 ton Pyritic Smelter to be about $200 per day.
<br />Same will be sent upon request. The directors reserve the right
<br />to return all over subscriptions.
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