Golden West Mining Company - Stock Certificate - Montana 1935 7
Item History & Price
| Reference Number: Avaluer:42412060 |
Available is this Golden West Mining Company of Montana original stock certificate for 200 shares common stock to Victor Anderson.
From a mining archive:
GOLDEN WEST MINING COMPANY. Five miles west of Rochford the Golden West Mining Company has recently possessed itself of what appears to be a most valuable piece of mining property. Like all other favorites in the Black Hills, it is a big low-grade proposition. But the natural advantages at hand are of a character enjoyed b...y few Black Hills companies. There is a waterpower flowing 1, 000 cubic feet of water per minute in a creek having an average grade of over 75 feet per mile. The ground is covered with a heavy growth of the finest Norway pine to be seen in the district. Fuel and mining timbers are assured for years to come. And the ore body itself is of a character that from present explorations will equal anything ever found in Pennington county. It is an immense dike or vein of mineralized hornblende, perhaps an altered schist impregnated with hornblende. The grade is low-$3.50 per ton-but on ore of that value a good profit can be made. The company owns two distinct groups of mining claims, the Benedict of 200 acres and the Yellow Bird of 57 acres. Applications for patents have been made. On the Benedict an ore shoot of very soft material 100 feet wide between walls and 400 feet long has been explored by over 900 feet of underground workings. Conservatively, 150, 000 tons of ore are exposed, of a value of $3 per ton. The ore is most easily mined, hardly any powder being used. In doing the 900 feet of development work mentioned, not over 500 pounds of powder was used. On the Yellow Bird, $12, 000 worth of ore is in sight.
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From a mining archive:
GOLDEN WEST MINING COMPANY. Five miles west of Rochford the Golden West Mining Company has recently possessed itself of what appears to be a most valuable piece of mining property. Like all other favorites in the Black Hills, it is a big low-grade proposition. But the natural advantages at hand are of a character enjoyed b...y few Black Hills companies. There is a waterpower flowing 1, 000 cubic feet of water per minute in a creek having an average grade of over 75 feet per mile. The ground is covered with a heavy growth of the finest Norway pine to be seen in the district. Fuel and mining timbers are assured for years to come. And the ore body itself is of a character that from present explorations will equal anything ever found in Pennington county. It is an immense dike or vein of mineralized hornblende, perhaps an altered schist impregnated with hornblende. The grade is low-$3.50 per ton-but on ore of that value a good profit can be made. The company owns two distinct groups of mining claims, the Benedict of 200 acres and the Yellow Bird of 57 acres. Applications for patents have been made. On the Benedict an ore shoot of very soft material 100 feet wide between walls and 400 feet long has been explored by over 900 feet of underground workings. Conservatively, 150, 000 tons of ore are exposed, of a value of $3 per ton. The ore is most easily mined, hardly any powder being used. In doing the 900 feet of development work mentioned, not over 500 pounds of powder was used. On the Yellow Bird, $12, 000 worth of ore is in sight.
Thanks for looking.
