Ad01202

LISTS CLOSE ON MONDAY , 31 st AUGUST . THEGOLDENHEXRIVIERMINES, LIMITED . Incorporated under the Limited Liability Acts . CAPITAL£60,000,in60,000Sharesof£1each; £ 25 , 000 Shares are reserved for Working Capital . Payable , 2 s . 6 d . on Application ; 2 s . 6 d . on Allotment ; 5 s . in One Month ; and the Balance as and when required . DIRECTORS . COLONEL MONTAGUE HICKS , Director of Transvaal-Westralian Concessions , Limited . CAPTAIN J . EDWARD HUNTER , R . N ., F . R . G . S ., Director Walworth Gold Mines , Limited . A . COLQUHOUN JEFFREY , Rumford Place , Liverpool . . R . SUMMERSIDE SIMPSON , Chairman Ballarat Gold Fields , Limited . ( And one Director to be nominated by the Vendors after allotment . ) Solicitor—HENRY MURRAY , ESQ ., 18 Warwick Street , W . Bankers—AFRICAN BANKING CORPORATION , LIMITED , 43 Threadneedle Street , E . C . Consulting Engineer—A . H . MANNING , Heidelberg , S . A . R , Secretary ( pro tem . J ^ MR . C . ERNEST . Offices—31 LOMBARD STREET , E . C .

Prospectus.

PROSPECTUS .

THIS Syndicate is formed to acquire and develop a block of 118 Gold Claims , situated on the Farm Hex Rivier in Heidleberg , South African Republic . These Claims are bounded on the north by Ecksteins Mijnpacht , and another block lying between this block and the well-known Claims of the Nooitgedacht Syndicate ; , on the South by Messrs . McFarlen , Wurzburg and Youngelson . These Claims are approached by good roads from all directions . Coal has been opened up in the district and can be delivered on the property at a moderate cost . There is plenty of water , a stream being on the northern boundary of the property , where the water right will be situated .

Mr . A . H . Manning , M . E . ( late Manager , Nigel Gold Mining Company ) , who has consented to act as Manager or Consulting Engineer to this Company , has reported upon this property , and is now , and has been for some years , resident in the District , states : — " On your northern boundary there is a stream of water , on which your water right will be situated . This boundary runs nearly east and west with

the course of the stream . From this line your Claims extend up a gently rising ridge of ground to the southern boundary , which includes an outcrop contact of shale and sandstone , with a banket reef or pebble bed in the contact . All the formation is dipping from south to north , hence whatever reef lies in the contact of this shale and sandstone must dip through the whole of your ground .

For some years past I have paid great attention to the geological features of , and especially to , the characteristic pebbles in the numerous banket reefs ( conglomerate beds ) in this district , and after a careful inspection of your property , I have come to the conclusion that the whole of your Claims cover a section of the same reef series as that found in the properties of the Molyneux Gold Mining Company , the Heidelberg Roodepoort Gold Mining Company , the Heidelberg Daspoort Gold Mining Company , and the Nooitgedacht Syndicate , the latter almost adjoining your Claims on Hex Rivier . "

" On the property of the Nooitgedacht Syndicate , which is the nearest to your Claims , the outcrop of the Reef is almost barren ; but this being to some extent developed , I have taken 20 samples of ore from the 80 feet level , which has given me the very satisfactory milling assay of 25 dwts . of gold per ton of ore ; and from official returns of fire assay , which I have seen , the Reef yields up to over 3 ozs . of gold per ton from the lower levels , and I believe that there is every probability of the Reef on your Claim giving at least equally good results . " Mr . Manning says in conclusion : —

" I have pleasure in stating that m my opinion , taking into consideration the great and proved value of the gold properties near at hand—the proximity of coal , the good water supply , and the general facilities for working and the extent of your property , that you have a legitimate and sound mining venture . "

Since the above report was sent , Mr . Manning writes in a letter received the 11 th May , as follows : — " The owners of the adjoining Claims have struck rich ore ; the assay value of the Reef is loz . 17 dwts . of gold per ton . This Reef lies to the south of our Claims , and dips into our ground with the outcrop distant about 500 feet from our boundary . We therefore have , in addition to the Reef , actually found in the Claims the first dip of this new Reef . " Mr . Manning writes again ( letter received 18 th June ) : —

" The Deep Level Claims of your Reefs have just been sold locally for £ 250 sterling per Claim . " It is not intended to call up the whole of the Capital at present , but to commence at once development work by means of a rock drill . This , it is estimated by Mr . Manning , would cost about £ 2 , 000 . The anticipated result from this operation would so thoroughly prove the great value of the property , that there would be no difficulty in disposing of such portions of the Claims should the Company so desire , at a very large profit , themselves retaining a good interest in the same . The only Contract entered into is ono dated the 16 th July 1896 , between the Founders' Prospecting and Agency Syndicate , Limited , the Veadovs , and

Prospectus.

C . Ernest , as Trustees for this Company , and which provides for the payment of the amount of the Claims , which is fixed at £ 35 , 000 , £ 20 , 000 of which will be taken in Shares , being the largest amount allowed the Vendor under the Stock Exchange rule , and the balance in cash . The Vendors will pay the preliminary expenses incurred in the formation of the Company , except brokerage .

Applications for Shares must be made upon the accompanying Form and forwarded to the Bankers , or to the Secretary of the Company at the Offices of the Company , accompanied by the deposit named thereon . The Report and plan of the Property and the Memorandum and Articles of Association , and the Contract , can be seen at the Offices of the Solicitor of the Company .

Prospectuses and Forms of Application can be obtained at the Offices of the Company . August 25 th , 1896 .

FORM OF APPLICATION FOR SHARES . This Form should be filled up and forwarded with a cheque for the amount of the Application Money to the Company ' s Bankers , the African Banking Corporation , Limited , 43 Theadneedle Street , London , E . C . To the Directors of

THE GOLDEN HEX RIVIER MINES , Limited . Gentlemen , —Having paid to your Bankers the sum of £ being a deposit of 2 s 6 d per Share , payable on application for Ordinary Shares of £ 1 each in the above Company , I request you to allot me that number of Shares , and I hereby agree to accept such Shares , or any less

number you may allot to me , upon the terms of the Prospectus of the 25 th August 1896 , and the Memorandum and Articles of Association of the Company , and to pay 2 s 6 d per Share on allotment , and the balance thereon according to the terms of the Prospectus , and I authorise you to place

my name on the Register of Members for the Shares so allotted to me ; and I agree with the Company ( as Trustees for the Directors and other persons who may be liable ) to waive any claim I may have against them for further information or compliance with Section 38 of the Companies Act , 1867 , than that contained in the Prospectus or otherwise .

Name ( in full ) ( Mr ., Mrs ., or Miss ) Address Occupation Date

Usual Signature To be retained by the Bankers . FOBM OF RECEIPT . London 1896 . Received of the sum of £ being

the deposit of 2 s 6 d per Share on application for Ordinary Shares m the Golden Hex Rivior Mines , Limited . For the African Banking Corporation , Limited , £ ( Stamp ) Cashier .