The Atlantic Monthly, Volume 13, No. 79, May, 1864 by Various
page 131 of 285 (45%)
page 131 of 285 (45%)
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veins already explored on this estate alone are in number not less than
thirty, and that there is every reason to expect more discoveries of importance, as the results of future explorations, already foreshadowed by facts which have been stated," enough, we think, will have been deduced, on the highest kind of scientific testimony, to bear out our opening statement, that there exist in Nova Scotia veins of auriferous quartz practically inexhaustible, by any known methods of mining, at least for the next two hundred years. One very remarkable characteristic of all the gold hitherto produced in Nova Scotia is its exceeding purity, it being on the average twenty-two carats fine, as shown by repeated assay. In this respect it possesses an advantage of about twenty-five per cent. of superior fineness, and consequently of value, over most of the yield of California, much of which latter reaches a standard of only sixteen or seventeen carats' fineness, and is therefore inferior by five or six carats in twenty-four to the standard of the gold of Nova Scotia. The gold from all the districts named is sold commonly in Halifax in bars or ingots, at about $20 the ounce. Professor Silliman states the value of some of this gold, assayed under his direction at the Sheffield Laboratory in New Haven, Connecticut, at $19.97 per ounce, while the standard of another lot, from the Atlantic Mine in the Tangier District, is fixed by him as high as $20.25 per ounce. The Official Report of the Provincial Gold-Commissioner for the year 1862 assumes the sum of $19.50, Nova-Scotia currency, as the basis upon which his calculations of gold-value of the yield of all the mines is made up. A quantity of gold from the "Boston and Nova-Scotia" mines in the Waverley District, just coined into eagles at the United-States Mint, and the results of which process are officially returned to the President of that Company, required a considerable amount of alloy to the ore as received from the |
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