MINING IN OTAGO
SIGNS OF 11EVIVAL
(By Telegraph.) (Special to "The Evening Post")
DUNEDIN, This Day. The mining industry in. ptago shows signs of a revival, English mining interests having, approached' tho Big Beach' Gold Mining , Company, Ltd., with a view of acquiring its mining properties at Arthur's Point, near Qucenstown. An option has been granted to the English mining interbsts for six months to enable them to send' a mining engineer to New Zealand to report on tho properties. The English company will put a dredgo on tho Big Beach claims, in addition to sluicing operations already being carried on. The price- stated in the option will givo tho shareholders of tho Big Beach Company 25s a share, part in cash, and tho balance in fully paid shares in tho English company.
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https://paperspast.natlib.govt.nz/newspapers/EP19290209.2.39
Bibliographic details
Evening Post, Volume CVII, Issue 32, 9 February 1929, Page 9
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133MINING IN OTAGO Evening Post, Volume CVII, Issue 32, 9 February 1929, Page 9
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