Utah-Apex Mining Co. - Stock Certificate - Mining Stocks

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Seller: labarre_galleries ✉️ (2,174) 100%, Location: Portsmouth, New Hampshire, US, Ships to: WORLDWIDE & many other countries, Item: 185088372996 Utah-Apex Mining Co. - Stock Certificate - Mining Stocks. Mining Stock. Eagle perched above coat of arms with beehive and industry -1847. Scarce!!! Please specify color. UTAH-APEX MININO CO. UTAH- Office: 53 Tremont St., Boston, Mass. Operating office: 306 Anerbaoh Bldg., Salt Lake City, Utah. Mine office: Bingham Canyon, Salt Lake Co.. Utah. Employs 60 men. E. R. Hastings, president; John W. Home, treasurer; preceding officers, Henry R. Bradley, Jas. D. Casey, Wm. F. Fitzgerald, John P. Gorman, R. F. Haffenreffer, Jr., Cowley Lambert and Chas. A. Morse, directors; Robt. S. Oliver, general manager; H. L. Parker, superintendent; E. D. Gardner, engineer; Arthur L. Pearse, consulting engineer. Organized May, 1902, under laws of Maine, as a merger of Copperfield Mining Co. and York Mining Co., with capitalization $2,500,000, increased, 1906, to $3,000,000, shares $5 par. leaned 26,000 shares of new stock, to shareholders, early 1907, and stock outstanding, April, 1907, was $2,641,000. Has authorized the issue of $500,000 convertible bonds, at 6%; outstanding, $189,000, September, 1908. Owns a 50% interest in the Markham Gulch Mining & Milling Co., which has a 150-ton mill. Has absorbed, since organization, the Highland Boy Mining Co., Petro Mining Co. and Minnie Mining Co., and December, 1908, secured, for circa $100,000, a controlling share interest in the Phoenix Mining Co., property of which adjoins the Utah-Apex. Federal Trust Co., Boston, registrar. Annual meeting, second Tuesday in September. Lands, 24 claims, area 162 acres, on York Hill, in Carr Fork Cafion, adjoining the Utah Consolidated on the south and west, location being considered good. Property originally was the York and Copperfield groups, to which the Dana, Petro and Highland Boy Consolidated groups were added. The properties, before absorption by the present company, produced circa 300,000 tons of ore, including chalcopyritc and lead carbonates and sulphides. Lands show limestone and quartzite, carrying the Parnell, Petro, York and Andy bedded deposits, 3 of which are more or less developed, these being traversed by 6 fissure veins, of which the Leonard, Louisa, York and Petro have been opened, and proven to carry ore, the Dana fissure, which is the widest, being undeveloped. The property carries ore values mainly in copper, thongh with good values in lead, silver and gold, ores carrying an excess of iron, giving low smelting charges, because of the premium paid for each excess unit of iron by Utah smelters. First class copper ores carry only about 2% copper and circa $6 to $8 per ton combined gold and silver values, while second class copper ores carry about $3 per ton in combined gold and silver values. First class lead ores carry 36 to 50% lead, with gold and silver values, and second class lead ores range 7 to 14% in lead tenor, with small gold and silver values. In October, 1908, sixteen shipments returned an average of 1.67% copper, 35.69% lead, 8.44 oz. silver and 50 cents gold per ton. The mine shows considerable first class ore, and large quantities of second class ore, and ore reserved were increased largely, during 1908, being estimated, at end of year, at 154,000 tons of silver-lead ore, of $17 averag Item ordered may not be exact piece shown. All original and authentic.
  • Condition: Used
  • Condition: Excellent

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