WORLD'S RICHEST RIVER.

Press, Volume LXII, Issue 18634, 8 March 1926, Page 10

WORLD'S RICHEST RIVER.

COMPANY FORMING FOR DREDG- . ING. The Lower Shotover River is the only outlet for a fabulously rich goldbearing district, and is the main source of supply for the Kawarau Basin. For centuries nature, by glacier, flood, and erosion, has been converting the bed of this river: into a huge natural sluice channel. For countless ages gold has been pouring into it, and its bed is believed to be impregnated with gold. Experienced miners of the district estimate that there are literally "tons of gold waiting to be lifted by. a modern dredge. For the purpose of erecting a powerful modern, electrical gold-idredge and working this El Dorado, "The Golden Tetrace Extended Gold Dredging Company, Ltd.," is now being formed. Its operations are in NO WAY dependent on the Kawarau Scheme, and dividends should be earned as soon as dredging operations commence. Thirty million pounds worth of gold has already been won in the district — the gold is there. With a modern, efficient dredgg there can be only one result. r The Prospectus of the proposed Company contains full information of the valuable rights that will be the property of the Company. Estimated earnings of a conservative nature based oil actual results, show that from, an investor's point of view, few, if any, propositions show promise of such immediate and substantial profits. Copies of the prospectus are obtainable from the Local Brokers. Messrs J. S. Day and Co., National Chambers, 161 Hereford street, Christchurch. —2