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Magna Gold Mines Company

$19.00

SKU: 7594
Product Details

Beautifully engraved antique stock certificate from the Magna Gold Mines Company dating back to the 1920's. This document, which is signed by the company President and Secretary, measures approximately 10 1/4" (w) by 8 1/4" (h). 

 

NIce piece with a vignette of a group of miners working a hydraulic drill in a tight seam.

You will receive the exact certificate pictured.

    Historical Context

    The Magna Gold Mines Company was incorporated in Nevada on October 9, 1926 as a reorganization of the Magna Mining Company. In 1927, the company purchased the Buzanes Camp in Lander County.

    John Buzanes had found gold ore on his property the previous year and sold the claim to the Magna Gold Mines Company for $200,000. The property included a mining office, an assay office, two bunkhouses, and a cookhouse.

    Ore values fell dramatically during 1929 and mining was no longer profitable. Magna folded the following year.