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Bullfrog,NV - Nye County - 1906 - Original Bullfrog Mines Syndicate Stock Certificate :

Currency:USD Category:Collectibles / Western Americana Start Price:200.00 USD Estimated At:400.00 - 600.00 USD
Bullfrog,NV - Nye County - 1906 - Original Bullfrog Mines Syndicate Stock Certificate :
Incorporated under the laws of the Territory of Arizona. Certificate No. 2324 issued in 1906 to W.E. Miles, Trustee, for 500 shares. Signed by John E. Lutz as President and W.E. Miles as Asst. Secretary. Datelined San Francisco, Cal. Ornate green border with large green bullfrog under printed at center. Uncancelled. This was the first mine discovered at Bullfrog by Shorty Harris in August, 1904. Shorty sold his share in the mine for a measly $100 while blindly drunk. Two years later, this mine and the Montgomery Shoshone were the only two to have reported shipping ore, but the company died by mid 1907, according to Richard Lingenfelter in Death Valley and the Amargosa. In fact, the ore occurred in a relatively thin zone directly related to a nearly horizontal fault separating some young rocks that hosted the deposit, from very old Cambrian sediments. The ore only occurred in the younger rocks, so exploration had to occur laterally. Shorty and his partner hadn't staked enough ground. Years later, Pete Galli pulled the dumps and mined a shallow test open pit for a heap leach operation. The dumps were not crushed, and most of the values stayed in the pile as a result. By the time we got around to the deposit, a number of drill holes had pretty well defined the deposit, indicating that there were only about 50,000 ounces of gold remaining. This is the most popular by far of the Bullfrog stock certificates, though it is not particularly rare. We get about one per year.