TARARU.

Auckland Star, Volume XXVII, Issue 305, 23 December 1896, Page 7

TARARU.

ECLIPSE LICENSED HOLDING,

Mr Thomas Cottle haa, it ia stated, acquired the Eelip'o licensed holding for en English syndicate. The documents were forwarded to London by :he September ruaii, and tha first payment haa elready been made to the vendors ; the balance will be forthcoming in January. This property, although or limited area, comprised the principal part of the old Vulcan working?, which u-.ive excellent returns to the party of men who worked the claim in the old day?. At the time the Caledonian came to the from, the losa of their battery by fire caused tho owners to throw up their claim, and wo understand the ground has not b.en worked since. On examining tiie property for the purchas ing Comoany very promising prospects were discovered. The rear's n:<n through the adjoining property, the Ako Ake, in the direction of the Puru Consolidated. GOLDEN OPPORTUNITY. The annual meeting of shareholders of the Golden Opportunity Gold Mining Company waa held on December 21st. Mr Spencer Yon Stunner (Chairman ot Directors) presided. The balance-sheet showed a credit balance of £96 17s 6d. Tne report and balance sheet were adopted. Messrs J. D. Connolly and M. Niccol were raappointed directors. Mr Churton said a cablegram had beon received, that morning comploting the option. The New Zealand shareholders raceived £1,500 cash. Of this amount £250 bad bean paid to the company's credit iv London, .abject to arrival of document?. New Zealand shareholders also received 50 par cent, of sharea in the English Company fully paid up, !e---a the working capita!. TARARU EXTENDED. At a meeting of shareholders in this company held on December 16th resolutions were passed authorising tho directors to diapo_9 of the property.