Article image
Article image
Article image
Article image

PROSPECTUS. ROSPECTU: OK THE ROXBURGH AMALGAMATED MINIM AND SLUICING COMPANY (LIMITED). To be incorporated under the provisions o "The Mining Companies Act, 1886." Cahtal L 45.000, In 90,000 shares of 10s each, of which tin Vendors agree to take 80,000 shares in par payment of their several properties, the re maining 60,000 shares being offered fo: public subscription on the following term: viz,, Gd per shara on application, Is oi allotment, 6d one month, and 6d twc months thereafter, and the balance as re quired in calls not exceeding 6d per shan at intervals of not less than one month. » Provisional Directors : Hon. J. M. Larnach, C.M.G., M.H.R., The Camp, Peninsula Hugh S. Valentine, M.H.R, Gore Vincent Pyke, Esq., M.H.R., Dunedin Andrew L'.ughrey, Esq., M.H.R., Christchurch Richaid H. J. Reeves, Esq., M.H.R., NeUon Richard M. Smith, Esq., M.C.C., Roxburgh 1 Joseph Haughton, Esq., Roxburgh John H. Waighth, Esq., Roxbu gh Charles S. Reeves, Esq., J.P., Dunedin. Bankers : The Bank of New Zealand. i Solicitors : Messrs Smith, Chapman, Sinclair, and White. Brokers : Jabez Burton. Esq., J.P., Roxburgh J. Alwent Chapman, Esq., Princes street, Dunedin A. G. Fenwick, Esq., Dunedin Jas. Henderson, Esq., Hereford street, Christ church Messrs Reeves and Co., Nelson P. Brennan, EFq., Reef ton William Duncan, Esq., Hokitika Messrs Arthur WarburtonandCo.. Wellington, TEMroRARV Offices: Cheviot street, Roxburgh. The Roxburgh Gold Mines are situated on theBait bank of the Clutha River, opposite the Township of Roxburgh. They comprise Seven Working Claims, held by separate miniDg parties : and it is now proposed to amalgamate these for their more economical and efficient working. These mines are alluvial, the terraces being composed of gravel and sand, deposited in remote ages by aqueous action, as explained in the report of Professor Ulrich, F.G.S., in 'Geological > xplorations,' 1883. besides the reports of H. A. Gordon, Esq., tho Government Inspecting Mining Engineer, and W. L. Simpson, Esq., late Warden of the Otago Goldfields, which are attached to the Prospectus, and are of a very favorable nature. The properties have been reported upon by Thomas Hedley, Esq., Hydraulic Mining Engineer, a highly qualified expert in sluicing from MittaMitta, ia the Queen's District, Victoria, who, in his report, says after recommending certain works to be undertaken by the Company:— "To carry oat the required works will practically cost LIO.OOO. " I estimate that this plan will be capable of dealing with 1.000,000 cubic yards per year, at a cost of LB.OOO. "I estimate that the yield will be from 6d to 8d per yard, and equal to 130,000 value per annum—affording an annual profit of at least L 20.000. "I have every confidence in the payable nature of the ground, and the area is so extensive that 150 years' working under the most favorable circumstances will not oxhaußt it. "The amount of money required to open the mine in a complete manner is unusually small when compared with the vastness of the venture. "I am confident if the ground be properlyopened up—water scheme extended so as to command at the high level all tho available water, and the whole directed efficiently— the returns will exceed my estimate, and I have no hesitation in recommending the venture with every confidence." Beside the water races which havo been constructed at great cost by the original owners, there are several "dams" on the ground for water storage, and a large quantity of mining plant, valued at 1.2,500, all being included in the purchasing price. These are in good working order, and available for immediate operation ; indeed, thev are now in use, and all tho. new plant required is hydraulic piping and more effective gold-saving appliances. The price asked for the whole of these mi»s» is L 35.000 in cash and pail-up shares. By the substitution of "hydraulic" sluicing or "surface" sluicing, the output can easily be quintupled, and improved gold-saving appliances will certainly double tho proportionate yield. Under such conditions the mines would it is estimated, produce from 6,0000z to 7,0000z per annum for the next 150 years at least. It is worthy of note that any amount of water can be obtained from the Teviot River from any desired elevation up to 2,500 feet. Prospectus and forms of application for shares may be obtained at the Offices of the Brokers or Bankers of the Company. The share list will be positively closed on the 31st day of August.

PUBLIC 3TOTIOEB. to £4 per day to be made by persons of either sex, in their own localities, at work for us. New business. All meet with wonderful success. Anyone can do the work. Capital not required. We will start you. Outfit worth LI mailed free. The employment is particularly adapted to the region in which this publication circulates. Boys and girls earn nearly as much as men. Fall particulars and instructions mailed free. Now is tbe time; don't delay, but write to ua at once. Address Sticson and Co., Portland, Maine, United States. OFT' 3 GREAT CLEARANCE SALE. Now's your time to SAVE MONEY and SECURE BARGAINS. Come Early. Firct-class GOODS Fifty per cent, below Cost Price. The Goods arc all Remarked and guaranteed to be of th<; Beat Quality. Remf;r«b*r thi* 1* no HHAM but a OK.'i'f.'JNH KALE. Pricix too numerous U> rn<;ntir<n. DON'T FORGET. MRS E. LOFT, 9.10,11, and 12 ROYAL ARCADE. THE REGINALD PATENT SELF-ACTING CINDER SIFTER AND FUEL ECONOMISER. THE above is in the maiket, and can be obtained from Martin, Watson, and Co., Octagon, sole agents for Dunedin. It is remarkable for its simplicity; gives no trouble ; makes no dust; pays its own cost in a month in saving every particle of fuel; and Rives the highest satisfaction to mistress and maid. If i once used no home will ever be without one. GREAT FALL IN BOOTS. IMON BROTHERS, Having purchased a quantity of HEATH'S BANKRUPT STOCK At Ridiculously Low Prices, will clear them at once at priceß which will Astonish Everybody. Be in time to secure GENUINE BARGAINS. SIMON BROTHERS, George street (near Octagon). "lOLENT Raging Toothache soon cured by using Marshall's Odontalgicon, _ tho instaneous remedy: Is. Marshall, chemist.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18880828.2.4.2

Bibliographic details

Evening Star, Issue 7702, 28 August 1888, Page 1

Word Count
1,013

Page 1 Advertisements Column 2 Evening Star, Issue 7702, 28 August 1888, Page 1

Page 1 Advertisements Column 2 Evening Star, Issue 7702, 28 August 1888, Page 1