THE TAIRUA GOLDFIELD.

Daily Southern Cross, Volume XXXI, Issue 5515, 27 April 1875, Page 3

THE TAIRUA GOLDFIELD.

Tin im is not lmuh news of importance fiom the Tan ii.tgoldheld Tlic principal sliiircholdcis and the manager of the prospcctois' claim weie in town on Saturday, and the Litter was engaged making p reparations foi actively opening up the mine, prouuing tools and other requisites. These .no, it possible, to he lorw.udcd on to the ground today (Monday) and ii< tive opei.itions towards developing 11 10 limit' will be st.ii Led on Tuesdiv mot mm,' '»V stilting a drive to inlet so< I (Ik u-fl at sin h .1 depth .is will allot d K ood link-, . md Hu ,luft will be continued down to hIiiIu' Ih. tuniu'l. Owing to the lonn.'tioii ol tlie coiintiy the dnve wilt not H'(|iiiic to he .1 veiy long one tostnke the ire' at a t-ood dcjilli It H (liute ( \ 1dciit lh.it the pio.speetois.havo no intuition ofieslingon then o.us or taking ad\.m- ( igc of my protection. We may alfao ,idd th"t the pin ch.is'e of a four-stamper b.vttuy h. is, we understand, been effected, and we ohsuive th.iL teudeis avccilled for the supply of a 20 stamper battery to be delivered .it the Ciah.uiiHtown wlurf have been called. This looks like business, and promises well for the early development of the rich prospects which h.ivc been found in this mmc. Opcr.itimis in the stock Of the Tairua G. M. o. havo bet n started. We were bhown the ti.msferof ir»5 shares on Saturday, which h.id l)een purchased by Mr. Jackson, of T.uui.i, for a lump sum of f 3G0, or at the i.ite of C2 (Is 5d per share. Subsequently apaicel of . r )0 aharcs was purchased by Mr. Khi en fried, of tho a'liaines, for £100, or at the rato of £2 xjcr share. There arc 10,000 ,

bliaieb in the company, so that the value of of the J"icl is already estimated at a high hgiuc In other respects there has been little de\ clopment, and the miners on the Held appear restive and and uneasy under the feeling that they ha\e been wronged in haviinthenew distiict pioclaiined under the U old Mining Districts Act, but some parties a\ ho have been prospecting down the No. 4 Inunch of the Tairua liner, north of the ptospeotois' claim, have found prospects which they con side l payable. The country is pegged out ior some miles, but theie ia no wo: k doing, and the prospectors' claim is a perfect foict>t of pegs where claims have been maikcd out on it. — Thames Ail 'vt rlho: