sp67  

Date: 1920 

Color: Red

State: Montana

Size: 11 3/4 in. x 8 1/4 in.

Cascade Silver Mines and Mills. This issued and cancelled stock certificate has a vignette of a miner working. Please look at photo's for condition. Printed by New York Bank Note Company.

The Moulton mine is located on Rock Creek about one-quarter mile east of Neihart. The claim was located in the early 1880s by Jonathan McAssey and was surveyed for patent in 1888. By 1893, the mine had produced 450,000 ounces of silver. A gravity concentrator connected the mine by a tramway was constructed in 1899. With the concentrator, low-grade ores and tailings were treated until 1900, when the mine became inactive. Cascade Silver Mines and Mills Company took over the mine in 1917, and renovated the old mill. By 1919 it was treating as much as 150 tons of ore a day. The mill burned down in May, 1921 and was not rebuilt. Production basically ceased by 1923. Production of the Moulton mine to 1923 is estimated at about 1.5 million dollars. By 1949, all of the mine workings were inaccessible

Free shipping on this item in the US.  Click the vault below to visit my eBay STORE, with lots of BUY IT NOW items!