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WEST DERBY(KENNEDY BAY.)

(«9M OUR OWN CORRESPONDENT.)

Coromandel, this day. The general outlook in this mine continues of* vary encouraging nature, and tha works now in course of prosecution should satisfactorily demonstrate tbe valuible character of the property. The low level crosscut which is being extended to emtio ts»in reef is now in over 60ft, and going thrdngh firat-claaa tolocky country, w ."? judging from the volume of water ab preaant coming from the face, the reef should be nsar at hand. In the beginning of last week, a small leader from 2in bo 3in! ia thickness, cams into the face- aba long •ogle, and from . its appearance and bearings ib ia evidently a dropper ?*" the larger , body. ~. This - leader i«now being followed in with the.drive, »nd as.she atone composing the same, of a rahbjf and heavily oxidized, nature, shows gold freely, it should act as some criterion o.wtyt.the main lode is like at'this level. At.the upper level, which" has" now been driven over .Oft on this reef, good results contiase to be met with, the lode maintaining Ms average of 2ft in width, of nice stone which it productive of excellent prospects when pounded and washed in bhe disb. In eT._rj respect the outlook for the. property "•.very favourable one, and ehould the prospects of the reef at the low lerel comPM6 wtla'factorily: with those in evidence "the upper working, np difficulty should B°* ..PW.ienced in obtaining the capital to waerUke a more extensive system of works in order to place the mine upon a prodnctivn basis.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18970123.2.4.15

Bibliographic details

Auckland Star, Volume XXVII, Issue 19, 23 January 1897, Page 5

Word Count
257

WEST DERBY(KENNEDY BAY.) Auckland Star, Volume XXVII, Issue 19, 23 January 1897, Page 5

WEST DERBY(KENNEDY BAY.) Auckland Star, Volume XXVII, Issue 19, 23 January 1897, Page 5

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