Beaver Dam Gold Mining stock certificate c1889 (New York)

Stunning mining certificate. Fantastic vignette of three beavers trimming logs. Gold border and gold company name. Unissued and not cancelled.  Circa 1889. Dated 18__. Approximately 9.5 x 7 inches. 

The Beaver Dam Gold Mining Company was first founded with offices in Washington DC in 1880 before reincorporation in Kittery Maine in 1889 and soon after in New York for finance purposes and issuance of stock.

The company was formed to mine gold in Beaver Dam, Halifax, Nova Scotia. Historically, gold was discovered there in 1868, leading to a period of historical mining activity with a 15-stamp mill built in 1871 and subsequent mills in 1886 and 1904 to separate the quartz from the embedded gold.

D. J. Thomas worked at Beaver Dam for a few months for an English company, but the area received little attention until William Yeadon became interested in it in 1886. He built a 4-stamp mill, run by waterpower, and carried on development work in 1886-87. In 1891, Yeadon sold his Beaver Dam interests to the Beaver Dam Mining Company. Yeadon did not give up his interest in gold mining, however. He also worked in the Mooseland gold district in 1896.

Tests conducted by the Beaver Dam Mining Company were promising and it built a 10-stamp mill under the management of D. S. Turnbull. Little else seems to have been done, however. In 1895 the property was leased by G. M. Christie and William Tupper, who employed fifteen men but apparently did not carry on significant operations. In 1896 the mine passed into the hands of J. H. Austin, who erected another 10-stamp mill.

In 1902, a 98-foot shaft was sunk on a belt of veins 15 feet wide. Tunnelling revealed a gold-bearing belt 74 feet wide. Samples gave an average value of $3.50 per ton of ore. The same belt was uncovered 400 feet farther west. Beaver Dam continued to be worked intermittently in the years following.

Beaver Dam is a rural community on the Eastern Shore of Nova Scotia, Canada, in the Halifax Regional Municipality. It is located along Route 224, about 13 miles northwest of Sheet Harbor and about 12 miles southeast of Upper Musquodoboit.

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