Crescent Gold Mining' Company

(Incorporated under the Laws of Montana)

Capital Stock - $120,000

Full Paid

Non-Assessable

No Preferred Stock, Bonds, or other Indebtedness

OFFICERS

L C. Weinmann President and Treasurer

A. R. Petersen Vice President

Wm. A. Gwinner Secretary

PRINCIPAL OFFICE

Ann Arbor .... Michigan

Board of Directors

L C Weinmann

Andrew R. Petersen

Wm. A. Gwinner

Fred’k Barker

Wm. G. Henne

Geo. J. Mann

John Christensen

J. L. Duffy, Attorney, Ann Arbor

D. W. Springer, Auditor, Ann Arbor

Where the Crescent Company is located, where their properties are situated, how they came to start this mining enterprise, what they owned when they started, what they own at this date, how they acquired it the amount of work finished up to The present, the amount of ore blocked and on the dumps, the prospects for the future, the object of the company and the recapitalization will be found in the following lines.

WHERE LOCATED

The Crescent Gold Mining Co., organized under the laws of Montana, are located in Ann Arbor, Mich., with their principal office at 112 East Huron street, Room 1, 2 and 3.

WHERE PROPERTIES ARE SITUATED

The CRESCENT properties are situated in Granite county, State of Montana, about 10 miles straight away in a direction from Phillipsburg, the county seat, in what is known as Rock Creek district, surrounded on all sides by great producing mines, in that portion of the country where more precious metal has been mined than in any other section of the globe during the past few years. Granite county, with the seven that surround it, mined in 1901 $70,000,000, which is $10,000,000 more than the whole state of Colorado, $40,000,000 more than the state of California, $6,000,000 more than the three great states of Washington, Idaho and Oregon combined; more than doubled the output of the now famous Alaska, and placed the entire balance of the United States in eclipse. Silver Bow county stood first in this precious production, Granite county stands second, Lewis, Jefferson, Cascade, Deer Lodge, Missoula and Ravelli counties in the order mentioned. Look at your map of Montana, find the town of Phillipsburg, when you are within 10 miles of the CRESCENT properties, and see how near you are to the center of this wonderful, rich country. So much for location.

HOW THE CRESCENT CAME TO BE STARTED

In the month of October, 1899, the fact of there being a great body of gold-bearing quartz located where the CRESCENT properties now are, was disclosed to several of Ann Arbor's citizens by a prospector of much experience, and who owned the discovered claim of 20 acres. The object of the disclosure was to secure aid to open up and develop the claim. Details were accordingly arranged, and it was decided that one of the party should make a trip to the property and report the situation. The trip was made in the month of November, 1899, at which time ore was taken from the discovery hole and from other portions of the croppings and placed in the hands of experts for assay. On Dec. 9, 1899, an assay was made by Baden & Bapty, of Butte, Montana, showing values of $46.00 in gold. On Dec. 12, 1899, assays were made by the Custon Assay Department, of Butte, Montana, showing values of $44.40. On Dec. 21, 1899, assays were made at the University of Michigan by Mr. Alfred H. White, showing values of $44.50. These assays, with many others taken since, can be seen on file at the Ann Arbor office of the company.

Steps were immediately taken to secure the property and within a few days the details were arranged satisfactorily to all concerned. Next in order was the formation of a company, which was accomplished in the early days of January, 1900, with a capitalization of $60,000.

Thus the CRESCENT Company stood possessed of one claim of 20 acres of undeveloped mineral lands, with a capitalization of $60,000.

Stock sales commenced some time in the latter part of January, 1900, and on the 10th of March of the same year and as soon as the weather would permit, development work began. Two shifts of miners were put to work tunnelling in on the ore vein. This vein extends in a northerly and southerly direction over and through a sharply defined hill, with its apex standing 850 feet above running water. The work continued in, directly on the vein from the north side of the hill to a distance of 309 feet, exposing great bodies of high grade ore nearly its entire length, some of which broke out to a width of 12 feet. At this stage of the work it was decided to drive a new tunnel in from the south side of the hill, 90 feet below the line or level of the first work. Accordingly this work was done and the tunnel was driven to a depth of 655 feet, passing through and under the tunnel above in a lengthwise direction a distance of 350 feet the last 400 feet of this tunnel showed a well defined vein of high grade ore. A shaft was stoped out running on the vein from the lower to the upper tunnel, disclosing ore the entire distance, averaging 6 feet in width. This block of ore with tunnels on the top and bottom and stoped or shafted at one end gives a fair Idea of what can be expected in the lower workings. Over 15,000 tons of ore hang in this ground and can be taken out to great advantage in the future and on the completion of the great cross cut tunnel now under construction.

Previous to the completion of the above work, the management became convinced that other properties could and should be secured to add to what they already possessed, and steps were immediately taken to this end with the result that they now own 220 acres in the place of the 20 acres, with no debts or obligations on their hands. This 220 acres are made up as follows: Crescent No. 1 claim (original), 20 acres; Crescent No. 2 claim, 20 acres; Crescent No. 2 extension, 20 acres; Trenton claim, 20 acres; Excelsior claim, 20 acres; Discovery claim, 20 acres; Red Boy claim, 20 acres; Big Sandy claim, 20 acres; Broken Ledge claim, 20 acres; Lost Lead claim, 20 acres, with the mill site of 20 acres and the fraction, making in all 220 acres.

At the time the company had secured the three claims - Crescent No. 1, Crescent No. 2 and Trenton - it became evident that great riches lay buried in Remington and Trenton hills, and the only businesslike way to get at it was to drive a cross-cut tunnel, or main roadway into these properties from the western end. Therefore the ground was surveyed, the tunnel staked out and work commenced on the tunnel that will be, when finished, 1,800 feet long, and will tap the different ore veins from 400 to 1,600 feet below their croppings. No ore veins were known to exist inside the limit of the 1,800 feet at the time the cross-cut tunnel was commenced, BUT MARK WHAT HAS HAPPENED. When the tunnel was in on its way a distance of 200 feet the miners broke into a fine body of ore about 5 feet wide and carrying values to about $18 per ton. This vein was traced over the hills and found after much work amongst the slide rock to crop out in places 9 feet wide. This vein of ore became CRESCENT property by reason of discovery and tunnel rights. Work on the tunnel progressed until the 420-foot mark was reached when again the miners broke into another body of ore which shows up nearly 4 feet wide and assays close to $100 to the ton. This great find also became CRESCENT property by discovery and tunnel rights. Again the work on the big tunnel continued until the 910-foot mark was reached, when still another body of high grade ore was encountered, showing values equal to the second discovery. The cross-out tunnel is now in 940 feet and is running through a zone of country rock percolated; with low grade mineral, giving indications of still another ore shute not far away, and the work on the cross-cut is but a little over one-half completed. What will be encountered in the next 800 feet we will leave to conjecture. It is well known that at the finish the tunnel will enter a body of ore vastly superior to those already in hand. This will be the great CRESCENT No. 1 and Trenton claims, where the ore hangs from 800 feet to 1,600 feet above the tunnel level, and the best experts figure the bodies of ore will approximate 3,000,000 tons.

THE AMOUNT OF WORK UP TO THE PRESENT TIME

There are eight cabins and a blacksmith shop on the premises, all built as well as log cabins can be built and supplied with steel roofs. Roads have been built to the mines. Two splendid bridges have been constructed across the creek that will furnish water power for the mines for all time. The dam is built and several hundred feet of the race finished to conduct water to the mines. There is more than 2,400 feet of tunnelling, shafting and stripping complete, showing, blocking out and on the dumps more than 15,000 tons of ore.

PROSPECTS FOR THE FUTURE OF THE CRESCENT PROPERTIES

Situated as they are in the very center of the richest precious mineral bearing country known to man, with their large holdings and splendid water power, they have a great future. There is more than 3,000,000 tons of high grade ore hanging in the hill above the level of the Great Cross-Cut tunnel. When this is extracted the ore can be taken from the lower workings to a depth of 2,500 feet with every indication of its growing richer as the lower levels are reached. Ten million tons of ore lay buried in the Crescent Hills, which can be turned into the cleanest money ever produced, and when dividends come to the stockholders they can receive them with a clear conscience, as there has been no person robbed. No person has suffered by reason of the great treasure being taken from Mother Nature.

Mines are located on all sides of the Crescent from which vast fortunes have been taken, ranging from one to as high as one hundred and twenty million dollars. The Crescent is far from the lesser ones and expectations are that it will crowd the greater ones.

THE OBJECT OF THE COMPANY

The object of the company is to bring about dividend-paying conditions as quickly as possible and at the least minimum of expense; to drive the Great Cross-Cut tunnel to the Main CRESCENT and TRENTON LEDGES; to erect concentrator for handling the ore, shaping the same in the best condition to ship for smelting and finishing the uncompleted water power. This work finished and good, substantial dividends will follow with unbroken regularity, each one equal to or greater than its predecessor for months and years to come. The best experts give assurance that the mines cannot be exhausted for many, many years.

RECAPITALIZATION

At the time the company became possessed of the larger share of the properties now in their control, it appeared that the original capitalization of $60,000 would prove inadequate to carry on the greater work. A special stock-holders' meeting was called for on March 12, 1901, just one year from the beginning. At this meeting a vote was taken for the increase of capital from $60,000 to $120,000. The vote went through without a dissenting voice and the new CRESCENT COMPANY stood out with title clear to 10 regular sized claims of 20 acres each and 20 acres in the mill site, making in all 220 acres, capitalized for $120,000.

TO THE STOCK BUYING PUBLIC

Stock is being sold at the low price of 35 cents per share. Only enough will be offered to complete the undeveloped work as above stated. A better opportunity to place a little money in gold mining stock never was and never can be offered. Take into consideration. The Crescent Company is a home concern, 85 per cent of the stock sold to date being owned in Washtenaw county. The capitalization is small. The dividends will be correspondingly large. The mines are situated in the richest mineral belt in the world. The properties are grand and large. The amount of work accomplished cannot be duplicated in any mining enterprise for the same expenditure. Big, fat dividends are assured you as soon as the machinery can be placed. We want your money to continue the work. Can you do better than to buy stock with us? Call at the office of the company, where you can learn all details and inspect the rich ore that is sent on from the miners from time to time.

$10 will buy 33 shares of stock.

$35.25 will buy 100 shares of stock.

$66.50 will buy 200 shares of stock.

$166.25 will buy 500 shares of stock.

$332.50 will buy 1,000 shares of stock.

$665.00 will buy 2,000 shares of stock.

$1,662.50 will buy 5,000 stores of stock.

$3,325.00 will buy 10,000 shares of stock.

United Verdi stock went from 35c to $40 per share In a short time.

Leroy stock went from 35c so high that it cannot be bought at any price.

Granite Mountain stock went from 35c to $82 in two years.

The Great Republic went from 35c out of sight, there being none for sale.

Anaconda went front a very low price to $126.

$500 worth of Gold Coin stock is now worth $80,000.

Consolidated Virginia went from 35c to $500 per share in four days.

Hundreds of more mining stocks have increased in value equal to the above. Statistics show that more than 70 per cent of the gold mines in the United States have proved profitable, while less than 30 per cent have proved failures.

The CRESCENT is one that cannot fail. There is enough ore in sight and on the dumps to make every stock-buyer safe many times over. Here you find yourselves with a chance to buy stock in a mine at ground floor prices, with all speculative features eliminated. You are absolutely safe in the investment and the chances are as 99 to 1 that The CRESCENT will go up among the big ones in the near future. Don't fail to get into the Crescent and get in now.