Page 12 Advertisements Column 4

Press, Volume LIX, Issue 17938, 5 December 1923, Page 12

The Capital £30,000 Divided into 120,000 Shares of 5/- each of which 40,000 are offered to the following terms.— and sixpence upon application; Two shillings and sixpence upon allotment, PROVISIONAL DIRECTORS: , „ ALFRED KELYNGE ENGLAND, Esq., of Christchurch, Timber Merchimr WM FRANCIS McARTHUR, Esq., of Chnstchurch, Chemist. ,' f V GEO "VV. J. PARSONS, Esq., of Christchurch, Monumental Mason GEORGE DUNCAN MACFARLANE, Esq., of Christchurch, Auctioned " > JOHN GRANT MACK3E, Esq., of Christchurch, Motor Garage Proprietor. VJ BANKERS * THE BANK OF NEW ZEALAND. The Company is being formed to take over from the vendors:— -,' t (1) The Special Quartz Claim Number 4282 on the register of the Noscby Minin-nu" triet situate at Stoneburn in the Dunback Survey District, and known Moore Special Quartz Claim containing 19 acres. . (2) The option of purchase of the whole of tha Deep Dell Five Stamp Batter* . * -i—i- i-vAinrr rmnn tiio bniri w the Deep Dell Compiy jj" ■, - ■t,* treatment plant now being upon the area held by liquidation. The property has been prospected and developed to a considerable extent — (1) Near the northern 'boundary a tunnel has been "driven in from" just above the creek level at a distance of over 500 feet and timbered where necessary, and other workings carried out enabling the reef to be proved. (2) About 1 chain to the south of the tunnel a reef of a width of about 3ft. 6ins. has been opened to a depth of about 20 feet, and three samples taken from this reef assayed 1 oz. 6 dwt. 3 grs., 3 oz. 2 grs., Soz. 8 dwt. 15 grs. to the ton respectively, or an average assay of 2oz. 10 dwt. 23 grs., equal to £lO/2/10 per ton ore. (3) A short tunnel about 159 feet has been driven, about 3 chains further south, and at the further end a chamber of 20 feet square by 10 feet high opened; from this a rise to " the surface about 10 feet has been made to the foot waU of the reef at the outcrop. An assay taken from this reef showed 1 oz. 2dwt. 20 grs. to the ton, equal to £4/10/- per ton ore. (4) About 10 chains further south there is an open cut where a reef has been opened as a quarry, and two samples taken from the reef and rubble assayed 9 dwt. S gw, 1 gr. respectively, or m avtffMMf ifS 2 grs. for this place, equal to tSJB/- «Jt!b ore, ~ The total workings by my of mof m'aJ velopment must have cost at least £3OOO. 4 The long tunnel was proved by I from the same:— (1) One sample from a point Matt % fatt from the face and one about 100 (2) Two samples in the stope# off tta in side drive; ™ (3) One in the extended drive at 460 feetfai (4) Three from the operations at the end long tunnel , ™ ' These last operations disclose an esany the reef about 36 feet long, 18 test wKLa reef was 5 feet thick. The samples van tSj;| each from tho north and south faces of the cat! one ffom the body of the reef at abmfc-tiWj of the excavation. These returns show an avenge vital* whole reef of 9 dwts. 20 grs,, equal to fgj/ti ton ore.. "'^4, It is considered that this proves tile 4ml this reef. hetand,. P..6. .65 T&,, ..(k.i. Wherever tested, no sample of stone has failed to reveal gold, and the 15 assail (7 taken from all along the face of the hill and 8 from the tunnel, testing the reef ior'ji feet in) show an average yield of the ore to be 18 dwts. 17 grs. to the ton, equal fit prices to £3/16/3 a ton in value. Reports from Two Practical Miners MR. DAVID McCONNELL, of Meßae's Flat, a miner of over 30 years! states:— "I am intimately acquainted with the Mount Moore property (late Golden Bar), and have no hesitation in stating that this i 3 undoubtedly the finest mining proposition I have seen in Central Otago. The enormous bodies of orb to be seen upon the surface and in the 500 feet tunnel carry gold in highly payable quantities There are seven distinct reefs on this property, varying in thickness from 4ft. to 40ft. v MR. WILLIAM ANDREW SHAW, late of Reefton, btlt now of OhristcharcV*T 30 years' experience, states:— "I have worked upon this mine from July, 1923, having been engaged to clear & fall and retimber parts of a long tunnel upon the property. "This tunnel (500 feet about) is driven in near the northern boundary of the property and just above the creek level about 200 feet below, the crest of the hill which rises at an angle of about 60 degrees, and the fall of the earth referred to was about 500 feet in from the mouth. . ; ■ , "This tunnel is driven through 350 to 400.feet of apparently continuous quartz, and at the end of tho tunnel the reef commences to turn over and dip, and in my opinion will ultimately become almost vertical, or at least continue to go down at a sharp angle. In a Report upon this mine, dated November 4tb, 1923, PROFESSOR 0. B. (Otago School of Mines), M.1.M.M., says:— "I have to state that if the property is handled along the lines I suggest, ISrt recommend it as quite a sound mining venture. The money spent in the wprks would be represented by plant, by development, by working places, and by-OWF all would be of value. In addition to the work mentioned, the sum stated woolc _ driving for some distance, on the reef at a lower level." - The original reports are open to the inspection of prospective applicants may be seen at the office of the Secretary. Application for Shares may be made to - C. ,GIFFORD MOORE, 136 Holly Road, St. Albans, Chief Salesman CHARLES McINTOSH, Shirley Rdad, Assistant Salesman. Or to F. WHITCOMBE, 12 Chancery Lane, Interim Secretary of the "The property has been tested and a tunnel driven near the northern'ta proximately 600 feet) just above 400 feet of which is driven body of gold-bearing ore; all of the drive was crushed in 1902-7 by the upon the place under the Golden Btt and yielded highly payable results. 0 "The tunnel has been driven lowing a line of gold ore, and idea of developing the mine, and the 1 ; its length on the right-hand er scnttjwjtt-j that the operators were testing it <2& i and in various places had left thelflaSMfctftl some such indications. . 1 "At one place (about 200 fßet ifet mouth) a drive has been pittlaila& 'llw turned east parallel to the Mil about 150 feet, and off this drive *i.| couple of stopes have been takes , chamber into a reef formation : ~ about 30 feet by 12 floor space, a sample was taken from here for amy, i was proved at 19 dwts. 14 grs. to the "' LU.VO »|l|f c '.uMfaiisr ] (Iwttfe* GOOD SMOKE sn m m Ifjp# UliiS fllitiit Mm.| i-XirPFft&'iH mm wm 4i SK# ■}& iiv.'i ■xS ■w Si; Three C% £ Brands Ci w " k- ■ V ■- , d W. D. <St H. Q» WILLS SRISTOL AMD LONDON «. <•. "> r o» ******