[per press association.
Jncinlngr. Auckland, August 16. The result of the trial crushing from the Red Mercury Mine at New Kuaotuna goldfield was at the rate of 3oz of retorted gold to the ton for 18 tons, or a total of 54ozs. News was received this morning that a new reef has been cut m the low level, showing gold freely. There is great excitement on change. Red Mercuries are selling afc 4s on to 5s ; Try Fluke, 14s 6d to 15s. All other Kuatonu scrip jumped considerably. The success of the field is considered assured.
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TO-DAY'S TELEGRAMS, Ashburton Guardian, Volume VII, Issue 2493, 16 August 1890
TO-DAY'S TELEGRAMS Ashburton Guardian, Volume VII, Issue 2493, 16 August 1890
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