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The term 'Haute Italie' refers to the northern region of Italy, which includes the Alps and surrounding mountainous areas. This area was known for the presence of placer deposits, which attracted the interest of mining companies in search of mineral resources.
The Société des Placers de la Haute Italie proposed to exploit these placer deposits in the region. The company would invest in the equipment and technology needed to extract the valuable minerals from the alluvial deposits. These minerals could then be sold on the market to generate profits.
