OCR Text |
Show I "The Greatest Greenwater Offering of the Year.9 "The Twin of the Furnace Creek Copper Company. 9 1 - . W - 1 We Otter for Immediate Subscription 250,000 Shares Tiwury Stock FURNACE CREEK SOUTH , A EXTENSION COPPER CO. AT $1.00 PER SHARE A 'J Mines adjoin those of Patsy Clark's Furnace Creek Copper Company and Both Properties have the Same Vein i 7 V CAPITALIZATION, $1,500,000 (1,500,000 Shares ol the Par Value of $1.00; Fully Paid; on-Assessable. I f ji Treasury Stock, 500,000 Shares. j " ? , OFFICERS AND DIRECTORS; v M HON. JOHN SPARKS President J. L. LINDSAY v..,..... Secretary eeroTnor ef Kevada. (ashler Bute Bank ft Trust Oompany, Ooldfleld. C. B lmNm . ;'. . ViceVresident GEORGE D. PYNE . ; . . Counsel Mining Partner of Patsy fkfff w Anaconda Copper - Attorney at Law, Ooldneld. L. M. SULLIVAN ... Treasurer JOHN D. CAMPBELL Consulting Engineer President of L. M. Sullivan Trust Company. . Mine Operator and Mining Enginaar. ! - I ; i r 1 P 48 Feet Vein of 22 Per Cent Copper Ore ' ... ; The mat Anxiety-Copper Sboe groups of claims, adjoining on the south the ground of Palrick Clark's Furnace Creek Copper Company in Green-water, Green-water, ha?e been taken o?er by the newly incorporated FURNACE CREEK SOUTH EXTENSION COPPER COMPANY. ' This announcement is equivalent to the statement that a twin of the Fnrnace Creek Copper Company has been born. The Furnace Creek Copper Company, with a capitalization of 1,250,000 shares, is selling today around $4.25 per share. It was originally promoted at 25c per share. The Furnace Creek South Extension Copper Company has a capitalization of 1,500,000 shares, of the par ralne of one dollar each: 500,000 shares -are in the treasury. Treasury stock is offered at one dollar per share. From the report given below by J. D. Campbell, the noted mining engineer, and which is indorsed by J. P. Harvey, the consulting engineer of the Furnace Creek Copper Company, it is apparent that the Furnace Cik South Extension Copper Company owus practically a rounterpart of the property of Patrick Clark's Furnace Creek Copper Company. The same croppings of high grade copper ore are in evidence on both properties, the veins having been proved to be continuous. The Copper Matte claim of the Furnace Creek Copper Company has the greatest showing in the Greenwater camp to date. This claim adjoins the Anxiety No. 1 claim of the Furnace Creek South Extension Copper Company. The immensely rich veins on which the present valuation of Furnace Creek Copper Company's stock is based pass from the Copper Matte claim of the Furnace Creek Copper Company into the Anxiety and Copper Shoe claims of the Furnace Creek Sonth Extension Copper Company. These veins have been traced for a distance of 4500 feet on the two properties. On the Furnace (reek Copper Company's ground this belt of ore shows 48 feet of 22 per cent, copper ore; 30 per cent copper ore has been found on the surface, and no ore of lower grade than 10 per cent in copper has been encountered at the 250-foot level. - It can be stated as an absolute fact that at the time when Mr. Patrick Clark purchased the estate of the Furnace Creek Cooper Company he en-deavored en-deavored to secure the important claims which are now a part of the estate of the Furnace Creek South Extension Company, but tney had already been . acquired. Clark's and Heinze's Properties Adjoin This I The tremendous mine showing presented at surface by the property of the Furnace Creek South Extension Copper company is n a measure shown by Engineer John O. Campbell report, re-port, sade before the purchase, and heartily concurred in by J. P. Harvey, who is Mr. Clark's chief engineer. It follows: "The Furnace Creek South Extension Copper company's property consists of the Anxiety and Copper Shoe groups, embracing the following mining claims: Anxiety. Anxiety No. 1, I Anxiety No. 2, Copper Shoe and Nos. 1 and 2, a total of 120 acres. The territory is heavily capped with gossan, one of the truest Indications of immense copper deposits beneath, with occa sional croppings of high-grade copper ore. ' 'This property has the advantage of exceptional location, being bounded on the north by the estate of the Furnace Creek Copper company and the Heinte holdings The Copper Matte claim of the Furnace Creek property, which has the greatest shoving in the camp to date, lies next to the Anxiety No. 1 claim of the Furnace Creek Sauth Extension. "The great copper ledge traversing the Copper Blue and Copper Matte claims of the Clark holdings has been disclosed at surface on both the Anxiety and Copper Shoe groups, and has been traced for a miiftnft OX AWO feet on the acreage. These croppings are clearly denned and cut through the formation with the directness of a railroad track. On the Furnace Creek estate this belt of ore shows forty-eight feet of twenty-one per cent copper ore. ' 'Thirty per cent copper ore has been found on the surface, and no ore of lower grade than ten per cent in copper values has been encountered down to the 250-foot level. "The Anxiety and Copper Shoe groups form what is regarded as one of the richest pieces of inside ground in the entire district. It is my opinion, based upon the showing of the prop arty of the Furnace Creek Sonth Extension Copper company and its location with reference to the trend of the copper veins of the Clark mine, that it should develop into one of the greatest great-est copper producers of the Greenwater district." Ownership Stock Pooled and Not For Sale I In iin'WTnrt"g th promotion of the Furnace Creek South Extension Copper Oompany, we beg to call attention to the fact that copper just at present is commanding a higher pnee than ever before in the history of metal mining. The supply falls far short of meeting the demand. Never before has the consumption of copper been so heavy. It is finding more general use every day. Copper stocks have been the distinct features of trading in all market centers for many months. 1 1 Figured on a basis of the present market value of Furnace Creek Copper Company's shares, stock in the Furnace Creek South Extension Copper Company at one dollar per share is a gift- An investment at this time and at this price is a practical guarantee of tremendous quick profits. Of the million shares of ownership stock which were paid to acquire the property, 860,000 shares are pooled for one year and cannot be sold or transferred. This will convey an idea of the high opinion of the future of this stock which Is entertained by the owners of the controlling interest. The present offering is of 250.000 shares of treasury stock. .The net proceeds from the tale of this stock wlU be put into the treasury of the company and used for development work entirely. It is believed that these funds will be ample to provide all moneys needed for the opening up of the property and the making of it a dividend payer for many years. TiM following recant promotions of Greenwater, which include all the important ones, will convey some idea as to the opportunity presented here for auick or oft t making: Furnace Creek Copper Oompany, recently promoted at 25c, with a capitalization of 1,250,000 shares, now $4.25 per chare. Oreenwater tc Death Valley, recently promoted at one dollar per share, with a capitalization of 3,000,000 shares, now $2.75 per share. United Oreenwater Copper Company, recently promoted one dollar per share, with a capitalization of 3,000,000 shares, now $1.25 per share. Sullivan Issues Always Oversubscribed Subscriptions at one dollar per share should be made at once to insure consideration. The recent offering by the L. M. Sullivan Trust Oompany of treasury stock of the Eagle's Nest Fair view Mining Company at 35c per share was over-subscribed by upwards of $00,000 shares and that stock is now commanding a big premium. Telegraph your reservation as soon as you have Bade up your mind that you want some of this stock, and we will immediately reply as to what allotment we can make, if any. On receipt of notice of allotment, it will be necessary that re-sittanoe re-sittanoe be made in full to cover at one dollar per share. As soon as payment is made stock certificates will be promptly issued and forwarded by registered mail, or stock can be ordered shipped attached to draft, If your reliability Is known to us. L M. SULLIVAN TRUST COMPANY GOLDFIELD, NEVADA . . V Sacrifice Steinway & Sons Piano eost H750. Will sell for cash $SO0. Address j?,-teinway this office. |