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Commercial
June 17, 1829
The Hillsborough Recorder
Hillsboro, Orange County, North Carolina
What is this article about?
A company in Buncombe County, North Carolina, purchased land for over $4000, installed mining machinery, and recouped costs in three weeks, now averaging $1500 weekly in gold profit. Similar rich mines noted in Burke and Rutherford counties; gold found in other areas.
Clipping
OCR Quality
95%
Excellent
Full Text
Gold Mines.—It is astonishing that the people of North Carolina are just finding out the wealth of their state. We have been credibly informed, that a company recently purchased a tract of land in the county of Buncombe, for which they were to pay upwards of $4000;—erected the necessary machinery for mining, and in three weeks paid for the tract of land, and cleared other contingent expenses; since which time, the same company averaged $1500 worth of this precious metal weekly, clear of all expense. It is thought the mines in the counties of Buncombe, Burke and Rutherford are richer than those in Mecklenburg. Gold has been found in several places in this and Chesterfield district, and no doubt, if properly sought after, would prove probably, as profitable as any.
Yorkville (S. C.) Pioneer.
Yorkville (S. C.) Pioneer.
What sub-type of article is it?
Resource Discovery
What keywords are associated?
Gold Mines
North Carolina
Buncombe County
Mining Company
Resource Discovery
What entities or persons were involved?
Company In Buncombe County
Yorkville (S. C.) Pioneer
Where did it happen?
North Carolina
Commercial Details
Location
North Carolina
Commodities
Gold
Key Figures
Company In Buncombe County
Yorkville (S. C.) Pioneer
Notable Details
Purchased Land For Upwards Of $4000
Recouped Costs In Three Weeks
Averaging $1500 Weekly Profit
Richer Mines In Buncombe, Burke, Rutherford Counties
Gold Found In Chesterfield District