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PROSPECTUS OP THE CtUTHERLAXD GOLD MINING COMO PANY, Bartlett's Creek, Wairau District, To be registered under " The Mining Com- , panics Limited Liability Act, 1865," and •' The Mining Companies Limited Liability Act Amendment Act, 1869," as soon as all the shares are taken \ip. Capital : £20,000, in 5,000 Shares of £4 each. Provisional Directors : Benjamin Sutherland, Esq. John Connal, Esq. James Balfour Wemyss, Esq., J.P. "William Henry Eyes, Esq., M.H.K. Henry Dodson, Esq. Bankers : The Basis, of New Zealand, Blenheim. Temporary Offices : Harry Pitt's Offices, High-st., Blenheim The Quartz Reef which it is proposed t< work is found cropping out on a spur on thi Wairau side of the main range dividing tin Pelorus and Wairau Valleys, at an elevatioi of 900 feet above Criterion Creek, a fcribu tary of Bartlett's Creek, the country being i blue slate formation running N.E. by E. am S. W. by W., the Reef itself running N. W by N. and S.E. by S., thus dividing th country at right angles ; and it is a notabl fact that the Reef can be traced across mail range to the sources of the best tributaries o the Wakamarina River, from which so mud heavy gold has been and is still being taken The Property consists of a Lease, fo fifteen years, under the provisions of " Th c Gold Fields Act, 1866," of 1200 feet alon 1 the line of lode, by 300 feet on each side c * the lode ; together with the priority of rigb 1 for Ten sluice-heads of water in Criterio c Creek, which will give abundance of wate for the efficient working of a waterwheel an other necessary machinery. The present proprietors have, under th protection of two successive Provincial Gt vernments, prior to the proclaiming of th district as a Goldfield, spent nine raonthf and a considerable sum of money, in openin and testing the reef. They have proved i r on the surface, at a depth of forty feet by * shaft, and ha/c just finished a tunnel at height of SOO feet above Criterion Creel) striking the reef at a depth of 115 feet froi the outcrop. There being no apparatus fc crushing in the Province, and owing to th great expense of sending away to Aucklan or Melbourne any large quantity of ston< the tests have necessarily been on a sma scale, but have been sufficient to show thai 3 throughout the depth of 115 feet, by a fac ! of nearly 100 feet, the reef— which is a wel i defined one, being three feet through for th T whole proved depth— contains a very eqiu \ distribution of gold, averaging from two t 3 six ounces to the ton of stone. ] With such satisfactory results, the presen proprietors would not wish to extend thci proprietary, were it not for the expense ( f placing the machinery on the grounds. The} therefore, propose to retain in their ow hands 4000 paid up shares, and to place a j the disposal of the public 1000 shares of £ each ; but, as it is confidently expected tha les3 than one-half the full vulue of thes shares will be sufficient to put the machiner on the ground and in_ working order, and 3 ' the mine will then be'rcproductive, the othe half will probably never be called up. Th 1 proprietors would direct the attention of th : public to the fact that, notwithstanding thei already heavy outlay, none of the money t be raised is to be given co them, their onl reason for disposing of shares being the e> pense of the machinery, they themselve being willing to await the proceeds of th . crushiugs as their remuneration ; and, wit the exception of the expenses of advertisin Bnd disposing of shares, none of the nione paid on application will be drawn out nut the whole 1000 shares~are disposed of, Deed of Association prepared, and permaneu Directors elected. Every application for Shares to be made t the Provisional Directors, at Harry Pitt' Offices, Blenheim, accompanied by a copy c the Bank of New Zealand deposit slip, dul signed, for £1 per share ; and a further ca! not exceeding £1 per share to be made whe the Machinery has to be paid for. *./ Since the issue of the above, one ton c quartz has been crashed' at the Perseveranc Company's one head stamp battery— run ove new plates, which even then gave the resul of 1 ounce 5 grains of smelted gold ; and th reef itself has been proved to run through th entire length of the property, only a few fee from the surface, with uniform width c about three feet, and has been tested am found to be gold-bearing along the whol course. FORM OF APPLICATION For SHARES To the Provisional Directors of the Slither land Gold Mining Company. Gentlu:>ie>-,— l beg to apply for shares in the above company, for which I en close Deposit Receipt of £1 per share j and hereby agree to pay the residue of the saic shares, and to sign the Deed of Associate when called upon to do so. Name in full j Address '.'.'.'"" Business ....... Usual signature Date FIREWOOD. FIREWOOD. FOR THE WINTER. g^ REEVE begs to inform his customers and the public of Wellington, that he has on hand a large stock of SEASONED RATA FIREWOOD. All those who favour him with their orders will meet with general satistaction. Orders left at Mr. Mountain's, Lambtou Quay, or sent by post, will receive immediate attention. B. REEVE, Johnsonville.

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http://paperspast.natlib.govt.nz/newspapers/EP18700915.2.12.5

Bibliographic details

Page 4 Advertisements Column 5, Evening Post, Volume VI, Issue 182, 15 September 1870

Word Count
917

Page 4 Advertisements Column 5 Evening Post, Volume VI, Issue 182, 15 September 1870

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