1910 Canada 25 shares Cobalt Star Mining Co. with warrants

$42.00 USD

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Attractive stock certificate for 25 shares of the Cobalt Star Mining Company Limited. Cartouche image of two miners underground using pick-axes to dislodge ore.

            Incorporated under the Laws of
The Ontario Mining Companies Incorporate Act
Divided into 2,000,000 shares of $1 each.  Head Office Montreal
Shares No. 1276026 to 1276050 of $1 each
Montreal Canada this October 10th 1910.

Signed by Secretary ------ and stamped by Vice president----. Paper Seal dated ‘1909’.

At bottom 14 share warrants #45568, 6 have been removed and converted into shares.

Printed by 'Union des Arts Graphiques. 11 rue de la Grande-Batelière Paris'.

Vertical and horizontal folds, some paper creases.

40 x 32 cm

 

The Cobalt silver rush started in 1903 when huge veins of silver were discovered by workers on the Temiskaming and Northern Ontario Railway (T&NO) near the Mile 103 post. By 1905 a full-scale silver rush was underway, and the town of Cobalt, Ontario sprang up to serve as its hub. By 1908 Cobalt produced 9% of the world's silver, and in 1911 produced 31,507,791 ounces of silver. However, the good ore ran out fairly rapidly, and most of the mines were closed by the 1930s. There were several small revivals over the years, notably in World War II and again in the 1950s, but both petered out and today there is no active mining in the area. In total, the Cobalt area mines produced 460 million ounces of silver.

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