Rosario Silver Mining Company (110851)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 800.00 USD
Rosario Silver Mining Company   (110851)
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Incorporated in New York. Certificate #172. ,I/U, Issued to Mary Jane Temple for ten shares on March 5th, 1868. Signed by R.A. Sinclair, president, Vignette at center of miners working underground with headlamps. 25ct. revenue stamp at lower left. Black border and print, embossed seal. Printer: S. Benedicks, N.Y. Datelined New York. Small tears along right edge. Few holes through seal. The property is located about 7 miles west of Patagonia and 1 ½ miles northwest of the Salero Mine in the old Aztec District, which later became known as the Tyndall District. The mine was worked by Mexicans or Spaniards in the 1700s–1800s and is one of the early mines discussed by Lenon and others in their papers in the Mining History of Arizona by Canty (3 vols.). It was financed by some of Heintzelman’s and Colt’s associates in New York. Here, northwest quartz veins cutting diorite were mined (mostly prospected) for gold and silver for decades, even though by 1900 there were still less than 1000 feet of underground workings. The ore was reported to average about $25 per ton, which might be why it was merely in an advanced stage of prospecting, when Schrader wrote Mineral Deposits of the Santa Rita and Patagonia Mountains for the USGS in 1915. This company is not related to Rosario, Mexico [Ref: Holabird).

Country (if not USA):
State: Arizona
City/County: Santa Cruz
Date: 1868