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PROSPECTUS OF TUB CANADA QUARTZ MIMING COMPANY (REGISTERED.) To be registered under the ' Mining Company's Limited Liability Act, 1865. Capital, £4,500 Sterling, in 450 Shares of £10 each. 150 Shares to be held by the present holders of the Claim as the price of the Mine. The Balance^of 300 Shares are now offered to the Public, but from 100 to 150 of these will be applied for by the proprietors cf the wine, who are to have the preference till Friday,4h^S9th December. Deposit on application, £1 per share ; £2 on allotment j'^the balance as may be required. Provisional Directors. MsA Higgins, Esq., Waitahuna. E. MWryatt, Esq., Tokomairiro. HeinrichsWiese, Esq , Waitahuna. ;i. James SmiWijEsq., Tablehill. Dr Stewart, ThaDeka. . — Peynian", Esqi^Dunediu. BankersNv Bank of Xew Zealand — ManagfesYpro. tern.), William Henry Line.^s. Brokers and Agents, Messrs Giffies and Street. Office — Corner Prices and Dowling Street, /^Dunediu. rFIHE Cana<hrTs|pyjts* situated near Table .1./ Mpttndyon tneTtf©o^§hgjM)ranch o^ the To>koramrirj/ri7er. It crops rfut on Jh#bro# ot'\ tire hijti several hundred/feet hiupr o^ctloo'Kng^he river; and B)is/circuin»mce^ill enable/the mine to be \vfcKed in a^ryjßpnomical manner — no shaft beingjaJcesspry, but simply^drives in the face of the^jml, jpr*quartz being wheeled out on trucks, ami n^sed down a shoot to tlie level of the river, where a supply of waterNqcists more than sufficient to drive the largest enfes^of batteries. The Claim of the rrisgnectors extends 20 acres along the line ot" reef^which has been traced fully half a mile. A s!h*Ct has been sunk alongside of thereef to a deptub<3o feet, where the .reef is found to be about 4 feet vvide,' i^d increasing in width and richness as it descends. Itjhas all the -characteristics of a main reef^beinaJalmost vertical, and having a well-d^incd fqqi wall, with pipeclay casing, on the onefrside, ana rotten blue slate on the other. Gold i&jplainlywisible in almost any piece of stone taken frA the reef, and the result of the first crushing^as 1 oz. 18 d»ts. from 30 cwt. of stone. This stonowas not picked in anj' way, being taken from the top of the reef, and much superior stone having since been obtained. Abundance of timber, suitable for all the I purposes of the mine, is obtainable in" the itu- 1 mediate vicinity, and an excellent natural road to Tokomairiro is at present in existence. A race, of about a ir» s ile long, is all that is necessary to make the river available as a driving power,' the first right to which the company have secured.. The advantages of this celebrated mine may be summed up thus — Extensive and rich mine reef of stone. Economy in outlay, no shaft being required, and no expenditure for pumping Economy in working — ample water power, and abundance of timber, obtainable at small cost. Locality of the mine easily accessible.. From the position of the other claims along the reef, this Company will be in a position to crush for all the others more advantageously than they could for themselves ; and from this source a considerable income may be expected. Applications for Shares to be made to the Brokers, Messrs Gillies and Street, from whom all information can be obtained. As numerous applications have already been received, parties anxious to obtain shares will require to apply at once. On the share list being closed, a meeting will be called for the election of officers, and for the adoption of rules for the management of the .Company. Form of Application for Shares. To the Provisional Directors of the Canada Quartz Mining Company Registered., Gentlemen, . I request you. will allot me shares in the Canada Quartz Mining Company Registered and I undertake to accept such shares, or any less number that may be allotted to me, and, in consideration thereof, to pay the calls as they become due, in conformity with the Prospectus. Name . .-. : .'. . ..... . . . . . . . . .■...'... ...;...;.... ; Address * 3 Occupation.....-./....;.,..; .../...;,.......,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/BH18651228.2.20.2

Bibliographic details

Bruce Herald, Volume III, Issue 91, 28 December 1865, Page 9

Word Count
638

Page 9 Advertisements Column 2 Bruce Herald, Volume III, Issue 91, 28 December 1865, Page 9

Page 9 Advertisements Column 2 Bruce Herald, Volume III, Issue 91, 28 December 1865, Page 9

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