TO CAPITALISTS
The attention of
Capitalists is particularly called to the following Mine - COPPER,
SILVER, and TIN WORKS, as a safe and profitable Investment:-
The Mine is called OKEL TOR, situate to the East of Calstock Town, County
of Cornwall, adjoining the navigable River Tamar, on which ships of two
hundred tons can float, close to the Quays belonging to the Mine. This
Mine has been worked twelve years, and is now eighty fathoms deep below
the adit level, and in exploring have laid open large masses of Coppery
Arsenical Pyrites, yielding ten, twelve, sixteen, and twenty tons per
fathom in places, and at the bottom of the Winze, in the fifty fathoms
level, the lode is yielding twelve tons of Copper Ore per fathom. In
back of sixty-five fathoms level ten tons of Copper Ore per fathom. In
the eighty East, five tons of Ore per fathom, which level is just
entering the course of Ore discovered in the upper levels.
The Mine is thoroughly ventilated with Winzes from level to level, and
sufficient ground laid open to break and raise three hundred tons of
Copper Ore , and Coppery Arsenical Pyrites per Month, for many years to
come. There is a fifty-inch Cylinder Engine erected for draining the
Mine of water, and a twenty-two Cylinder Engine, which is used for the
purpose of drawing the Ores, &c., to the surface, and for crushing the
same by a very powerful Crusher attached. Besides this, there are the
necessary buildings erected, and other appliances for effectually
working the Mine.
It is now decided by the Company to erect Arsenical Works, also Works for
roasting the Ores, and extracting and precipitating therefrom the
Copper, Silver, and Tin that it contains, agreeably to Mr. Wm.
Henderson's patented process. The capital for erecting these Works is
already subscribed for by present Adventurers, and when completed and in
operation, the following will be the results from monthly returns:-
| |
£ (GBP) |
s |
d |
300 tons of Ore of an average of over 3 per cent.
Fire Copper, containing 10 tons, at £100 (GBP) per ton |
1000 |
0 |
0 |
| 450 ozs. of Silver contained in the Ore, at 5s. per oz. |
112 |
10 |
0 |
| 38 tons of Refined Arsenic do., at £7 (GBP) per ton |
266 |
0 |
0 |
| 1 ton of Tin Ore do., at £70 (GBP) per ton |
70 |
0 |
0 |
| |
1448 |
10 |
0 |
| |
|
|
|
Total monthly Mine cost to break, raise, and prepare this
300 tons of Ore |
515 |
0 |
0 |
Extra cost to treat the 300 tons by Henderson's Patent to
extract the Copper, Silver, &c., at 20s per tons |
300 |
0 |
0 |
| Royalty on 10 tons of pure Copper, at £5 (GBP) per
ton |
50 |
0 |
0 |
| Royalty on 450 ozs. Silver, at 6d per oz. |
11 |
5 |
0 |
| |
876 |
5 |
0 |
| Leaving a Monthly Profit of |
572 |
5 |
0 |
| And giving an Annual Profit of |
6867 |
0 |
0 |
Being equal to 27 per cent. on the capital expended in bringing the Mine
to its present position, and including the necessary outlay for the
Works.
As the Mine, with all the Works and appliances appertaining thereto is
onlt 4,096 shares, it will enable the Shareholders to declare regular
Quarterly Dividends.
A few of these shares are offered to capitalists, who may feel desirous
of investing in a lucrative, safe, and certain dividend paying property.
Present price £4 (
GBP) per share, and likely to be double that
price within a short period.
The patented process of Mr. Wm. Henderson is now in successful operation
at the Works erected near the above Mine.
Applications for the Shares to be made to P. WATSON, Esq., 79, Old Broad
Street, London.
BANKERS:
London and County Branch Bank, Oxford Street.
Devon and Cornwall Bank, Exeter.
FORM OF APPLICATION FOR SHARES:
Sir,
I hereby request you to secure me
shares in the Okel Tor Copper, Silver, an Tin Mining Company, and I
agree to accept such shares at the above-named price.
Dated this day of
Name
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Address
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To
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