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New Reliance Gold Mining Company Stock - WIth Unique VIgnette (91687)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
New Reliance Gold Mining Company Stock - WIth Unique VIgnette  (91687)
SOLD
50.00USD+ (12.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 May 17 @ 17:03UTC-7 : PDT/MST
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# 403 for 700 shares to LJ Mathewson. Singed by Velsur(?) and president Olson. Dateline Minneapolis 1911. Incorporated 1910. Vignette shows "Plant of New Reliance." This was a re-incorporation of the Reliance Gold Mining Company. Mine at Trojan shows gold ore in quartzite formation. Ore body said to have an average width of 8" over a distance of 1,000' and to assay $4 per ton. Equipment: includes a 30 stamp mill treating slime by the continuous decantation, countercurrent system, drills and air compressor. During fiscal year ending April 1915 mill treated 23,088 tons of ore an average of 63.1 tons per day. Bullion recovery reported as $3.12 per ton or 91.8%. [Mines Handbook, 1912 edited by Garfield et al] (Seen on the Internet as high as $295.00) Ken Prag Collection

Date: 1916
City/County: Deadwood
State: South Dakota