Prospectus of the Dahlonega Gold Mining and Milling Co.
author: Dahlonega Gold Mining and Milling Company
extent: 23 p.
publisher: Standard Printing Company
publication place: Kansas City
repository: Chestatee Regional Library System, Lumpkin County Branch
collection: Madeleine K. Anthony Collection
More information: About the Digitized Version
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Page:  [view image]VALLEY PLACER "Brier Patch"
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show that they will average, for a mile at least, over five hundred feet in width. (See cut showing saprolites, on outside cover).Underlying Quartz Veins Carry Gold.
It is a rule without exception in this district, that the veins underlying the saprolites correspond in size with their out-croppings [outcroppings] on the surface. This being true, the removal of these saprolites by hydraulic mining will disclose the biggest gold veins yet discovered in the district.Value of Saprolites.
Many assays, pan and mill tests, show these saprolites, exclusive of quartz veins and rich shoots, to be worth more than a dollar per ton.Profits of Saprolite Mining.
With a hundred miner's inches of water one thousand tons can be mined, sluiced and milled daily. The cost of mining saprolites by hydraulics does not exceed fifteen cents per ton. The profits which this method of mining will yield can readily be computed; the width of the "pay dirt" can be measured accurately and its value definitely ascertained by pan amalgamation and by mill test.
The saprolite deposits of this Company are so vast in extent that the profits to be derived therefrom will be limited only by the capacity of plants which will be hereafter constructed.Cheapest Mining Known.
There are few localities in any country where mining
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can be carried on this way, and it is the oft expressed conviction of competent and experienced hydraulic engineers that no mines in the world are so favorably situated for mining by the hydraulic method.Company's Water Rights.
As can be readily seen, this Company has an abundant supply of water, the Chestatee river running for over a mile through this property, and is capable of furnishing all and more water than can possibly be used.Extent and Value of Quartz Veins.
The numerous quartz veins on this property have never been worked, except in places near the surface. Enough has been done, however, to show the existence of immense bodies of ore, varying in value from $3.00 to $50.00 per ton, and accompanied by numerous shoots of high grade sulphurets [sulfurets], all of which grow richer as greater depth is reached.Tons of Soprolites [Saprolites] That Can Be Handled Daily.
While, as stated, with one hundred miner's inches of water, one thousand tons can be milled daily, this Company have in the Chestatee river water to increase this tonnage many fold, and as it is the Company's purpose to erect a fifty stamp mill, which will easily separate with water twenty tons of the bulk into one ton of mill stuff and enable them to handle at least five thousand tons.[pages missing]
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