COPPER MOUNTAIN MINING & DEVELOP Stock 1905 Alice Lake Nanaimo, Vancouver Is. BC

Description

The Copper Mountain Mining and Developing Company. Stock issued May 25, 1905 at Tacoma, Washington. Incorporated September 20, 1899 in the State of Washington.
Gold embossed company seal lower left. Certificate
No. 1292
was issued to
Martin R. Bartlett for 1,000 shares
of capital stock (10¢ per share). Company capital was
0,000
. Hand signed by company
president S. B. Cowen
and
secretary Joseph Hutchinson
. Certificate is about 8” x 10.” Black print with gold underprint. Vignette with underground miners.
The Copper Mountain Mining and Developing Company was formed in 1899 to mine the June Group of crown grant claims in the Alice Lake Area of the Nanaimo Mining District, British Columbia. The company mines were located at the north end of Victoria Lake and west of Alice Lake in the northern part of Vancouver Island.
Copper Mountain Mining and Developing initially carried out a surface program of open pitting and trenching in the June Group in 1903. A total of 20 open cuts were reported which identified an area of magnetite-chalcopyrite-bornite mineralization approximately 3,000 feet long, and extending from the June claim through to the Helen claim. Mineralization from the main pit assayed .80 gold, 1 oz. silver and 3.3% copper to a ton. In 1907, 50 tons of ore was taken out of the main open pit on the June claim which was reported to have assayed an average 5.95% copper, .50 gold and .60 silver to the ton. By 1916, an adit, 450 feet long, had been driven below the face of the main open cut, and about 500 tons of magnetite with irregular impregnations of chalcopyrite had been stockpiled.
Condition:  Very Fine++
, two light vertical folds, very minor creasing, no tears, light signs of wear/handling/toning (see photos),
uncancelled.
Printer:
(none noted)
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