NEW FIND KARAKA BLOCK.
(By Telegraph.—Own Correspondent.)
COROMANDEL, this day.
Mr Battens, manager of the Kapanga mine, has visited the above property, inspected the reef, and expresses himself very pleased with the outlook. He considers it will prove average grade lode of good quality, which means a great deal in a large body of quartz. Gold seems to be evenly distributed throughout the stone, and should run £3 per oz. The reef is so far exposed only at the outcrop, but the character of the country is such that it should maintain all its present qualities at a depth. The spur on which the reef outcrops at the ridge is almost vertical, and the whole can l>e inexpensively mined. Altogether the discovery as far as can be seen is one of the most important that has taken place in Coromandel of late years, and the attention which it has attracted outside is proved by the fact that a large party of mining men are coming from Auckland to inspect the new lode and its surroundings.
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Bibliographic details
Auckland Star, Volume XXVIII, Issue 254, 2 November 1897, Page 2
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175NEW FIND KARAKA BLOCK. Auckland Star, Volume XXVIII, Issue 254, 2 November 1897, Page 2
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