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THE TERAWHITI GOLDFIELDS.

AVellington, This day. Tho value of tho gold taken from tho Golden CroAvn claim is stated by good authorities to range from £3 15s to £3 18s per ounce. Mr AVilliamson, the manager of the Golden CroAvn Company, Avriting to a local paper on the result of tho crushing, says ; — "It settles once aud for oa'ci- all question of a payable goldfield in the immediate vicinity of AVellington. There is reason to believe that the inevitable loss arising from tho cleaning of the plates, and in connection with iicav machinery, as avcll as an admittedly insufficient supply of Avater to keep the tables clear during the greater portion of tho crushing, may be moderately estimated at not less than half an ounce per ton. It may therefore safely be asserted that the first trial crushing of stone at TeraAvhiti has produced at least tAvo ounces of retorted gold from each ton of quartz stuff passed through the battery. The unanimous verdict of experienced minors rroes to show that the supply of golden stone is practically unlimited in the Golden

Crown claim, and as no one can suppose that this quartz is confined to this particular claim, for in fact avo have daily reports of reef outcropping all along a vast length of lino, avo may with every assurance predict a speedy development of a iicav goldfield to a degree difficult to realise at the present moment.''

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DTN18830815.2.14.16

Bibliographic details

Daily Telegraph (Napier), Issue 3770, 15 August 1883, Page 3

Word Count
239

THE TERAWHITI GOLDFIELDS. Daily Telegraph (Napier), Issue 3770, 15 August 1883, Page 3

THE TERAWHITI GOLDFIELDS. Daily Telegraph (Napier), Issue 3770, 15 August 1883, Page 3

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