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(Pbr Pbehs Association.) Invbroargill, December 12, The dlaouvory of oiroaoa tin at Stewart Ifilaud appears to be of some importance. The looallty (a Port Pegasus, on the south atst corner of the Island, where Swain and party have boen prospecting for gold for a long time past. While at work they came abrois what appeared to be garnets, or rubles, and sent the specimens to Profeacor Black, who thought the matter of sqoh Importaroe that he visited PegaßUs. He oume over yesterday and returned today. What his estimate of the value of the find la,- is not known, but an asaay m»de hero of 118 grains gave 65 1.25 th, of metal ; o'earod of impurities, 49 1 25 th, or nearly 50 per oent. Tha Professor thinks this rather under the true quantity. It appears that some one hat been In oommunioktlon with Australian oapitalists to forestall the prospectors, and a party is now on the way «to PogaßUs to aeoure the ground. The prospectors, however, came noroas yesterday and scared a lease of 640 acres, paißßlng thu rivals windbound m a cutter ut Port Adventure. It, Is said there is plenty of ore to be got, and a Company to work tho ground is already spoken of.

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Bibliographic details

DISCOVERY OF TIN AT STEWART ISLAND, Ashburton Guardian, Volume VII, Issue 2012, 13 December 1888

Word Count

DISCOVERY OF TIN AT STEWART ISLAND Ashburton Guardian, Volume VII, Issue 2012, 13 December 1888

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