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JJJ N G LI’S H A/T AIL. THE HOME NEWS ' For November, Will be -ready for delivery early ToMorrow Morning. Price reduced to Is.. 3d. per copy. LLOYD’-S WEEKLY NEWSPAPER, via Southampton, only 4d. FASHION BOOKS, la. 6d, each. Everything else equally cheats. WILLIAM HAY, Bookseller. PROSPECTUS ' of the gKIPPER’S d SCANDINAVIAN REEF, Known as MILLER, PINKERTON AND CO.’S CLAIM. To be Registered under the Mining Companies’ Limited Liability Act, 1865. Capital, £12,500 ; in 2,500 Shares of £5 Each. But it is expected by the Promoters that no more than £3 per Share will be required. Deposit, 10s on application, 10s on allotment, and Calls of 5s each at intervals Of not less than One Month. Q UARTZ jy/JsINING old P A N Y. Provisional Directors Dunedin . Edward M'C-lashan William Fuller W. H. -Reynolds Bankers : Bank of Otago (Limited) ‘Local. Louis Miller Samuel Thompson Dennis Powell Brokers Richard Creeth, Evans Kennelly and Co. Office : Temple Chambers, Princes-st., Dunedin. THE object tbe promoters of the Company have in view is to work the celebrated claim known as Miller, Pinkerton and Co.’s, immediately adjoining that of the prospectors of the Scandinavian Reef, so famous for its rich returns. The present shareholders of this claim, nine in number, agree to accept the moderate sum of £3509 for their rights, and take the price out in paid-up shares, and also -make additional investments, so confident are they of the value of this property ; the sole object in forming a company being to introduce capital for the proper and immediate development of the claim. The claim extends 405 feet along the reef, and very rich quartz has been struck In the two prospecting shafts. The proprietors -ai-e now putting in a tunnel from the hill side, in order to cut across the reef and its main leader, which runs parallel with the reef, when a very large oody of rich quartz will be immediately * available; abundance-of'timber can be had on the spot for. all requirements. The richest quartz struck by the adjoining claim —the Scandinavian Company—is in the . shaft immediately adjoining the boundaries of this claim, and the reef here is over four feet wide ; the stone from it shows gold likely to give a yield of from ten to twelve ounces to the ton ; this is the estimate formed by good judges who have examined the claim. The prospects obtained from the stone already struck show excellent results. The claim is one of three, situate between the Scandinavian Co.’s and Messrs Perry, Watt and Co.’s, but immediately adjoining the former, ■ and arrangements to. amalgamate can be entered into with :the intermediate sections. The facilities for working the claim cheaply are very great —no expensive shafts being required—and the quartz taken out from the tunnels can’readily be conveyed by means of a tramway and shoots to the crushing machine. ■ A valuable Water Right is attached to this claim, which takes up the water as it leaves Messrs Perry and Co.’s machine, and can be made available for crushing stone for other Companies. Forms of applications for shares can be. obtained from the Brokers of the Company, Mr Richard Creeth, or Messrs Evans, Kennelly, and Co., Temple Chambers, Princes street, Dunedin. A large number of shares have already been applied for, and the Share List -will remain open but a short time. Dunedin, 23rd January, 1866,

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https://paperspast.natlib.govt.nz/newspapers/ESD18660124.2.10.4

Bibliographic details

Evening Star, Volume III, Issue 848, 24 January 1866, Page 3

Word Count
560

Page 3 Advertisements Column 4 Evening Star, Volume III, Issue 848, 24 January 1866, Page 3

Page 3 Advertisements Column 4 Evening Star, Volume III, Issue 848, 24 January 1866, Page 3