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MINING.

Travelling through Central Otago in the past few weeks, Mr Horniblow Mayor of Dargavillo, was deeply impressed with the very pronounced evidences of a revival of interest in gold mining in that onec-famed goldbearing region (says the Auckland ‘Star’). “Among the places I visited,’ he said, “were the headwaters of the Kawarau River, the outlet for Lake Wakatipu- A big syndicate is at work hero spending over £60,000 in blocking the outlet, in order to drain the bed of the Kawarau and its tributaries, including Ihe Shotovcr, the Molyneux, I lie Roaring Meg and ether streams. At the present time surveyors are employed pegging out claims all along the river frontage from Cromwell right down to C lyde. These claims are quartor-acre ('.} sections and each of thorn is being sold for £I,OOO. During my visit there were representatives from Australia and America seeking to secure options over private properties for mining purposes, and one Australian syndicate secured very extensive options in Arrowtowu. The excitement in the locality is very high over these river claims, many of which are yielding very rich godl under primitive conditions. In some eases several ounces of gold have been taken out of small pockets below water level. As a matter of fact, the excitement in mining circles down there, especially among the old campaigners, points to a revival almost equal te the hey-dey of the Central Otago gold days.”

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DUNST19240512.2.36

Bibliographic details

Dunstan Times, Issue 3219, 12 May 1924, Page 5

Word Count
235

MINING. Dunstan Times, Issue 3219, 12 May 1924, Page 5

MINING. Dunstan Times, Issue 3219, 12 May 1924, Page 5

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