RUSH EXCITEMENT CONTINUES.

Evening Post, Volume LXXVIII, Issue 19, 22 July 1909, Page 3

RUSH EXCITEMENT CONTINUES.

SAMPLES CONSIDERED GOOD. [BT TELKGBAPH — PBESS ASSOCIATION.] INVERCARGILL. 21st July. _ The rush excitement at Orepuki continues and riders are going out dailj' in search of prospects. Mr. John Moffett, solicitor, »vlio was r.n actor in the 1380 rush to the Lot ?»\oo Is, has boon to see the 6cene of the excitement, and returned with bampls, wni'jti h considers good, and he is having Uem analysed. Asked whether he thought the rush would "fizzle out," Mr. Moffett replied that he did not think so, the prospecting results having been so good. The claims have been pegged off for miles along the supposed line of reef, each applicant being allowed an area of one* hundred acres, and Messrs. Love ancl party having an area of one hundred and fifty acres. The quality of the gold from the Orepuki ancl Longwood district is of the best, ancl worth the full value of £4 per ounce, and the same thing may bo said of the platinum, which has been increasing in Adlue as tho demand for the 6ubstanco for electric lighting purposes had improved. In 1872 this mineral was worth only some £1 8s per oz., but in. 1882 it had increased to £1 15s, to £2 in 1889, £4 in 1892, and it had gone on increasing until to-day it was worth any thing from £8 to £10 per ounce, more than twice the value of gold. Should the test come up to expectations, the chances are that the 1909 boom will be more pronounced than that of 1880, big though that one was. lie remembered it well, too well.