April 24, 2014 
 Thursday 
 
 
Mine Tours Directions to the Sixteen to One Mine
Exploration of the Red Star Project The Tertiary Gravels of the Sierra Nevada of California - Introduction
THE TERTIARY GRAVELS OF THE SIERRA NEVADA OF CALIFORNIA - More excerpts History and Geology of the Sixteen to One Mine
Historical Production Records The Largest Gold Pockets Found in California
Chronology of Events What does "Sixteen to One" Mean?
Geology of The Sixteen to One Mine Map of the Sixteen to One Mine Underground - 1998
The Brown Bear Mine The History of Deadwood - Shasta Courier-1886
Bureau of Mines Report: Mine Accidents from 1911 - 1950 The Bible of the Geology of The Alleghany Mining District
The Original Sixteen to One Mine Preliminary Report June, 1980 RENAISSANCE AT THE ORIGINAL SIXTEEN TO ONE MINE - Sierra Heritage- Nov./Dec. 1992
PROSPECTUS OF THE GOLD CROWN 1949 Newsletter to the shareholders of the Gold Crown Mining Corporation-1956
Gold Crown Minority Stockholders committee-1959 Gold Crown stockholders committee-1959
Alleghany Townsite Auction (AP Article) - July 15, 1996 HOW UNCOUNTED MILLIONS OF GOLD WERE MISSED - L.A. Times June 27, 1897
Recent ore shipment brings large returns - L.A. Times June 22 , 1911 MINES AND MINING- Activities in the ore districts of the Great Southwest - L.A. Times September 5, 1909
MINES AND MINING - Activities in the ore districts of the Southwest - L.A. Times Oct. 24, 1909    
       
Chronology of Events
 
1849 Beginning of the California Gold Rush
1852 Placer Mining began in the Alleghany District with the discovery of the first gold by Hawaiian sailors.
1853 Earliest report of lode mining (Rainbow and Irelan mines)
1861 Peak of placer production in the Alleghany district.
1870 The Placer Act limits placer claims to 160 acres.
1878 - Dec. 4 Bald Mountain (281 acres) claim verified, located about 1859.
1882 A 1000 troy ounce slab of quartz and gold from the Rainbow mine on display in San Francisco.
1887 - Feb. 8 South Fork Placer Mine claim located.
1891 Ruby and Bald Mountain Extension mines only ones to maintain payroll.
1891 Three-way partnership formed to relocate vein (Tightner vein) from the Knickerbocker tunnel.
1896 William Jennings Bryan gave "Cross of Gold" speech advocating coinage minted from 16 parts silver to 1 part gold. (16-1)
1896 Tom Bradbury located the Sixteen to One vein in his backyard.
1900 - March 14 U.S. on gold standard.
1908 H.L. Johnson applies for patent on Contract, Contract Extension and consolidates Rainbow, Red Star & El Dorado.
1908 T. Bradbury options Sixteen to One to partnership of Lawson, Wilson and Van der Beugle, they hit rich ore and Wilson slips out of town with the gold.
1911 H.L. Johnson sells his interest in the Tightner to O'Brien, Foote & Assoc. ($550,000).
1911 - October 6 J.G. Jury, W.I. Smart and H.K. Montgomery incorporate as Original Sixteen to One Mine, Inc
1918 Fred Searls Jr. forms the Alleghany Mining Company and takes over Tightner Mines Company. He then begins to rework the Red Star.
1918 Tightner Mine has produced $3M and distributed $.5M in dividends under Foote & O'Brien.
1919 Sixteen to One's Twenty-one Mine litigation. Settlement of $93,000 in favor of Sixteen to One which bought the Twenty-one Mine for $60,000.
1922 Sixteen to One has discovered orebodies to the value of: $2M, $1M, and several at $.2M.
1923 - April 23 Dr. R.G. Raymond (Mariposa Mine Assoc.) quit-claims Ophir and Eclipse properties to the Sixteen to One.
1924 80 pound lot of ore from the Sixteen to One yields $5,000.
1924 The "Sixteen" has paid $1.283M in dividends.
1925 Sixteen to One acquires Tightner Mine from Alleghany Mining Co. (Fred Searles).
1928 A 160 pound chunk of ore form the Sixteen to One mine yields $28,000.
1929 - 1935 Sixteen to One mine is ranked 117 for amount of gold production in the world and 10th in the United States.
1930 Depression. Payroll averages 80 to 100 men.
1934 - February Price of gold fixed at $35 per troy ounce.
1934 Bullion receipts of the Sixteen to One total $.578M for the year. Dividends that year were $.287M (almost 50% of bullion receipts).
1940 Up to this year, $4.4M in dividends paid out.
1940 Peak of U.S. gold production. 150 tons for 1940.
1941 - August 25 F.F. Cassidy buys the South Fork properties on behalf of the Sixteen to One.
1942 - October 8 War Production Board Order L-208 reduces mining activities in many mines to nil.
1942 Up to this date Sixteen to One has mined .608M tons of ore with a yield of .749M ounces of gold. Handsorting totalled 164 tons with 73.25% of the yield.
1943 - April 15 Sixteen to One acquires Rainbow property.
1954 Fire in hoist room of the Tightner shaft.
1954 - Oct. 18 Rainbow Extension and Fraction acquired.
1965 - Dec. 9 Sixteen to One mine phases out of mining, having produced over 1M ounces of gold.
1968 - March 17 London Pool dissolved; U.S. off the gold standard.
1975 - Jan. 1 U.S. Citizens permitted to own gold
1976 Lease to the Sixteen to One Mining Company, an unrelated Nevada corporation
1976 Tightner Mines Company merger. Proxy fight for the control of the company commences.
June 1980 The same stockholders, or their descendants, some 300 of them still own Original Sixteen to One Mine, Inc., but the officers have been wracked with dissention and troubles persisting until June 1980.
1980 - Jan. 21 Price of gold reaches a high of $850.00 per ounce
1983 - July 14 Lucky Chance Mining Corporation acquires Sixteen to One Mining Co. and changes name to LCM Corporation.
1984 - April 27 High-grade ore discovered by LCM Corporation.
1984 - November Bald Mountain Partnership options Forest properties from Sixteen to One.
1985 - Jan. 27 Company modifies lease. Red Star claim reconveyed to Sixteen to One.
1985 - March Company acquires old school in Alleghany.
1985 - April 1 Transwestern Mining takes over as operator of central lease from Kanaka Creek Joint Venture. (KCJV).
1985 - May 13 Completion of first audit in thirty years.
1985 - Feb. 24 Lowest price of gold in this decade. $284 per ounce.
1986 - Jan. 26 Mine office ( the Alleghany School ) destroyed by arsonist.
1987 - June 19 Royal Gold, Inc. replaces Transwestern Mining as operator of KCJV.
1987 - July Acquisition of lease of Osceola Mine.
1987 - Sept. 11 Successful completion of Private Placement Financing. $430,634.
1988 - April KCJV gold production approaches minimum royalty level.
1989 - May 19 Public listing on the Pacific Stock Exchange.
1989 - June Completion of initial phase of Red Star rehabilitation.
1991 - June 3 Agreement with Royal Gold terminated. Company reconsolidates its assets.
1992 - Jan. 26 Hand held metal detectors work magic. 1000 ounces of gold discovered.
1993 - August The Whopper discovered. An eighteen pound specimen, mined from the 2200 level, contains 141 ounces of gold.
1993 - December 17 Greatest recorded single day production. 2500 ounces were mined from the 1330 stope. (value:$1M).
1994 - January Company purchased Brown Bear Mine in the Trinity Alps. 500,000 ounces reported gold, one million dollar drilling data at town of Deadwood
1994 - October First breaking of rock on the 2483 winze. This represents the first deepening of the mine in forty years.
1995 - March Sixteen to One equips its own mine rescue team.
1995 - July 5000 ounces mined in ten days. (value:$2M).
1995 - August Original Sixteen to One Mine announces first dividend in 40 years.
1996 - January Company has 731 shareholders of recored and approximately 100+ in street name.
1996 - October 28 Sixteen to One Mine honored for 100,888 work hours from January 1988 to October 1994 without fatal accident or permanent total disability.
1996 - December 12 Ian Haley promoted to Mine Superintendent.
1997 - April 1 No joke. 300 ounces re-enforces the beginning of new pay chute.
1997 - May 1000 ounces mined in less than a week
1997 - November 14 Miners set record and hoist 100 skips of ore.
1997 - December Rainbow Mine is reopened after being inactive for over 70 years
1997 - Dec. 31 Rainbow mine yeilds 100 ounces and earns a six month look.
1998 - April Mine survives the worst of El Nino, operating every day with only minor interruption.
1999 - January 21 California Sesquicentennial Commission honors Company as Official Golden Partner commemorating the gold rush and statehood of California 150 years ago.
1999 - February 12 Black Friday. Crew disbanded.
1999 - June Company acquires Plumbago Mine.
1999 - October 1 Downsized crew is back on payroll.
2000 - March 31 620 ounce production for a profitable first quarter.
2000 - September 30 Company ends the third quarter with a gold production of 1,454 troy ounces.
2000 - November 6 Tragic accident takes the life of Lead Miner Mark Fussell.
2000 - December 31 Company has its first profitable year since 1995.
2001 - December 31 1,259 Holders of Common Stock
2002 - Jan. 10 Approximately 1000 ounces produced since December 14, 2001
2002 - July 9 Private Lawyers initiate criminal charges against company re: fatal accident.
2003 - Feb. 13 Sierra County Superior Court Judge throws out criminal charges. Website forum celebrates, victorious and company presents claim.
2004 - Feb. 14 Company files a complaint for damages against private lawyers and CA District Attorney's Assn.
2004 - July 15 Miners hit 1,400 ounce pocket on the 1,100 foot level.
2004 - December 31 Company shows a $400,000 profit for the year.
2005 - June 22 Company acquires the Gold Crown Mine adjacent to the Sixteen to One Mine.
2005 - September 12 George Gilmour, friend and Corporate Attorney, killed in a car crash near Alleghany.
2006 - March 30 U.S. Ninth Circuit Court of Appeals vacates all charges related to fatal accident.
2008 - January 3 Maintenance program begins. 800 level near Tightner Shaft first location.
2008 - March Company gold collection photographed for sales catalog.
2009 - February 20 Spot gold prices tops $1000 an ounce.
 

  
 
2014 Original Sixteen to One Mine, Inc.
PO Box 909
Alleghany, California 95910
 

Phone:   
Fax:
E-mail:
 
(530) 287-3223      
(530) 287-3455
corp@origsix.com
 

      Gold Sales:  


(530) 287-3540

goldsales@origsix.com
 



Design & development by
L. Kenez