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THE NENTHORN REEFS.

[From Our Parliamentary Reporter,] WELLINGTON, August 24. Reporting on tho Nenthorn reefs, Inspector Gordon says:—“ The schist rocks on the terrace are nearly horizontal, but from what could be learned from those who are sinking shafts the strata changes, and tho bedding has the same depths as the underlie of the lodes, which go down at a high angle. Tho quartz in some places is of a soft, loose character, greatly colored with wet oxide of iron. In other places the quartz is solid and hard and very crystalline. In some of tho crystalline quartz traces of copper can be seen and a little antimony, and there are small spooks of sulphate of Icon disseminate A through ft great deal of the stone. In some of tho claims shares are changing hands at high prices. According to the prices paid for the shares, the value of some of the claims would bo L 3,750, and others are valued as highly as L 4.000. With regard to this field, there are a number of licensed holding# now applied for that will never do worked, and it is very probable that some of these are merely taken up with the view ol selling shares during tho time the excitement lasts. Indeed, there are many people who believe that it is the richest quartz-reefing district that has been discovered, and who are purchasing shares, although they have never seen the field, but are merely guided in their opinions concerning its value by seeing specimens that come from the district. There may be parts on some of these lodes that will pay well for working near the surface; but there is nothing to justify the high prices being paid at the present time for shares in the best of the claims, as it is very questionable if the lodes will carry gold that will pay for extracting to any great depth. However, there is near tho surface sufficient quartz that contains gold to pay for working if a small battery were erected in the district, but none of the claims are as yet sufficiently prospected to warrant the owners of any individual claim in putting up machinery. The whole of the claim-holders have put up a small crushing plant with good concentrating appliances, in order to test their claims properly before erecting expensive machinery. Unless concentrating machinery is erected a great deal of tho gold will be lost, as some of the quartz contains a deal of iron and arsenic. Some of the stone appears as though there was a little silver in it, but unless it were analysed this could not be definitely determined. There were at the time of my visit from sixty to seventy men on the field, and no doubt the country in this direction will be well prospected for quartz reefs ; indeed, a piece of rich stone was shown me by A. Macky, a miner well known in the Hyde district, who had on the day of my visit brought the specimen from a reef he had found about six miles distant from the Nenthorn reefs, but as he had not got the ground properly secured he would not tell exactly where the new discovery was situated.”

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https://paperspast.natlib.govt.nz/newspapers/ESD18890824.2.19

Bibliographic details

THE NENTHORN REEFS., Evening Star, Issue 7994, 24 August 1889

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541

THE NENTHORN REEFS. Evening Star, Issue 7994, 24 August 1889

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