Page 4 Advertisements Column 1

Auckland Star, Volume LXIII, Issue 185, 6 August 1932, Page 4

THE WETHERSTONES GOLD MINING COMPANY, LIMITED (A Company to be incorporated under the provisions of the Companies* Act» 1908.) CAPITAL - - £65,000 Divided Into 260,000 Shares of 5/- Each. 168,000 shares are now offered for subscription at 1 /- on application, 1 /- on allotment, and the balance of 3/- is subject to calls not exceeding 1/- per share at intervals of not less than one month between each call. DIRECTORS: "^Chairman*' erchant, Q n completion of the purchase r our oar . contract, JAMES FLETCHER, of The Fletcher Con- JAMES KERR SIMPSON, Gentleman, struction Company Limited, Auckland, „„„V awrence (Mayor of Lawrence); Contractor. ILLIAM ROGER SMYTH, Mine Manager, Lawrence; JOHN R. TEMPLIN, Fe1.A.1.E.E., A.M.1.E.E., JAMES ROBERT SMYTH, Retired. Consulting Electrical Engineer, Christ- Lawrence, church. will be added to directorate. THE FIRST COMPREHENSIVE PROJECT FOR TREATING THE CEMENT CONGLOMERATES OF OTAGO CENTRAL. AVAILABLE: 106,000,000 CUBIC YARDS OF GOLD-BEARING DEPOSITS OF POTENTIAL VALUE. THE FOLLOWING FACTS HAVE BEEN ESTABLISHED: That — 1. The famous Blue Spur Cement, which has 5. The plant is designed to treat not less than yielded great wealth to early prospectors, is 1500 yards per week, showing a weekly profit identical with the cement deposited at Wether- of £375, or £18,000 annually. stones. Note.—These figures are based on gold at a value of £4 per oz. (With 2. The total quantity of cement at Wetherstonea gold at a price of £5/10/-, plus prcexceeds 400,000,000 cubic yards. Compared the^ro"'wwkly re£fcta by with the Blue Spur deposits of about 10,000,000 50% without increasing costs, i.e., a cubic yards, it can be surmised what colossal gross weekly return of £1462 with a wealth is concentrated at Wetherstones. net wee kly earning of £862.) 6. MR. G. W. THOMSON, THE WELL-KNOWN. 3. The Company's property is estimated to contain MINING ENGINEER, STATES THAT the pos--106,000,000 cubic yards, of which 100,000,000 sibilities of the open cast or mass principle CUBIC YARDS immediately overlying the schist mining system at WETHERSTONES probably rock IS KNOWN TO BE HIGH GRADE. OFFERS ONE OF THE GREATEST OPPORTUNITIES IN MINING THERE IS TO-DAY. 4. According to the Golden Crescent Sluicing - Operations can be commenced immediately Company's average figures, based on their sufficient capital is secured. tunnel working on the Wetherstones Cement, 8. The scheme has been investigated and promoted the value of gold per square yard of floor by Industries Limited, who have expended the amounts to 16.8 shillings (at £4 per ounce of Bum Q f ove r £8000 in development and testing gold). f or fhg protection of the investors. The opportunity offered is unprecedented in mining investments, and investors are invited to apply early for a copy of the prospectus and subject it to the closest scrutiny. Shares will be allotted according to priority of application. For prospectus and full particulars apply to any member of the Stock Exchange, or to — The Organiser, P.O. Box 713, Dunedin, or to The Organiser, P.O. Box 929, Auckland. ISSUED IN ACCORDANCE WITH THE RULES OF THE DUNEDIN STOCK EXCHANGE.