PROSPECTUS. individual?, and combination has become necessary. Tt ere is a largo area of ground to work, believed to be equally payable to that already worked; and, if so, a combined system of working, with labor-saving and gold-saving appliances, ought to make it a bemdnebative INVESTMENT, AND ONE WORTHY THE ATTENTION OF MINING INVKSTOBS,— Yours, etC., WILLIAM LAURENCE SIMPSON. Mr H, A. Gordon, Government Inspecting Mining Engineer, in his Report on the Goldfields, dated Ist May, 1888, thus comments on the claims included in the Company: - Roxburgh District.— The principal workings here are on the banks of the Clretha River, and a few parties are also dredging its bed. There is a large flat on the opposite side of the river from the township of Roxburgh, where frontage mining claims have been worked for the last twenty-five years, from which A LARGE AMOUNT OF GOLD HAS BEEN OBTAINED, The owners of these claims have arranged to put their claims into a large company, and bring in a large water supply to work them on a different principle. The method on which some of the claims have been Worked is draining the ground with Californian pumps worked by overshot water wheels, the washdirt being then hauled up au incline on trucks. They now propose to work the deep ground on the hydraulic elevating principal, after sluicing off all the top stuff down to such a level as the river will admit. To get a sufficient quantity of water to work the ground on this principle a high-level water race will have to be constructed from the Teviot River; and it is also proposed, if they are successful in floating the Company, to construct a dam near the head of the Teviot, at Dismal Swamp, for tho purpose of storing water to work with during dry seasons. Some idea may be formed of the value of the ground in this locality when it is stated that two of the claims last year produced 2,3000£ OF GOLD ; and, from what I can learn, equally as good ground is likely to extend back into the flat. Indeed, from the appearance of this flat, it is likely that good buns of gold-bearing wash will be got, here and there, all the way back to the foot of the terrace, for there is no doubt the river has been flowing all over here at one time. Only tho easily worked portions of the Clutha Valley have yet been touched. Rich leads will yet be found In many of the flats all along the side of the river, and I do not know of any place better worth PROSPECTING, The several Properties offered are as follow 1 DAM SITE at Dismal Swamp (now renamed Lake Onslow), held under grant from Warden’s Court. This magnificent natural reservoir is situated on the Lammerlaw Range, at the elevation of 2,sCoft. The Teviot River, tho Troutburn, tho Slowburn, and other streams flow into and through it. It is estimated by the Vincent County engineer, Mr Macgeorgc. M. Inst. C.E , London, that “with a depth of 2Sft of water at the dam, an area of 1,500 acres will be covered, with an average depth of 10ft over tho whole area.” Where the river debouches from the reservoir the gorge is only about 30ft in width, thus offering unusual facilities for the storage of a practically inexhaustible supply OF Water at comparatively small expense. 2. TWO DAMS of 3 Acres each, and ONE DAM of 2 Acres, for working purposes, already constructed, on Teviot Flat, held under certificates from the Warden’s Court. 3. WATER RAGES.—A grant for 50 Government heads has been secured in the Warden's Court. In addition there are TWO RACES already constructed, carrying 18 Government heads of water, and including the Ist, 3rd, and sth rights from the Teviot River, held under certificates. The whole comprises the right to 68 Government heads of water, giving a CONTINUOUS supply of 2,720 inches, with ample fall, and consequently strong pressure. 4. TAIL RAOBS.-There are THREE TAIL RACES, held under certificates. 5. SPECIAL CLAIM of 88 Acres, held under grant from Warden’s Court, approved by Hon. Minister of Mines. 6. An AMALGAMATED CLAIM of 17 Acres, held under certificate from the Warden’s Court, Making in all a compact block of 105 Acres of Auriferous Alluvial Ground, bounded by the Clutha and Teviot Rivers. The RIVER FRONTAGES to this ground have been profitably wrought for nearly 25 years, and so far only about 12 acres have been operated upon by the crude appliances in use. It may therefore be fairly estimated that even with improved hydraulic processes, whichare estimated to lift upwards of 2,000 cubic yards daily, and the large supply of water available, IT will TAKE THE B7BT PART OF A CENTURY to exhaust these valuable claims. So thoroughly is gold distributed through the wash that it is found in almost every dishful taken out. The bottom is now too deep for individual mining. Ancient beds and channels of the Clutha River are believed by such eminent geologists as Professor Ulrich, Sir James Hector, and by competent mining experts, to exist in the ground now being entered upon, and present appearances confirm that opinion. It is therefore anticipated that some very rich deposits will shortly be struck. PLANT,—The working plant already on the ground is of the estimated value of LI,OOO, and by the use of these appliances the Company is now obtaining gold and will continue doing so during the construction of tho new dam and water race. NEW WORKS and MACHINERY are now estimated to cost about L 7,500. The Claimholders have agreed to accept paid-up shares in lieu of cash as payment for their properties, rights, and interests; the WHOLE OP THE MONEY CONTRIBUTED BY THE PUBLIC WILL THEREFORE BE DEVOTED TO THE CONSTRUCTION OF THE WORKS AND THE NECESSARY APPLIANCES FOR HYDRAULIC SLUICING, and no part of it will be paid to the vendors. A largo number of shares have already been subscribed for, and early application is therefore necessary. In the event of the required capital being over-subscribed, a pro retire distribution of shares will be made. No application for less than 20 shares will be received. Any further particulars may be obtained from tho Brokers of tho Company. BOARD AND RESIDENCE. SUPERIOR Board and Residence for 5 Gentlemen. For address, J. M'Larcns Store, Castle and Frederick streets. WANTED, a few Boarders. Apply Mrs Gaffey, Grosvenor street, Kensington (near school). WANTED, by Two Gentlemen, superior Board and Residence; two bedrooms and sitting room; no other boarders taken. P.O. Box 293. WANTED, Two respectable Men Boarders; friends preferred; terns moderate. House below Fortsea terrace, Stafford street. SUPERIOR Board and Residence for Two Single Gentlemen; five minutes’ Octagon. Apply “ L.T.,” Post Office. OBRAKI. bupe ior Accsmmodetion. Terms, etc., apply Mrs Hull, Moeraki. PRIVATE Board and Residence for Gentle men; bathroom, hot and cold; every comfort, Gordon House, Moray place, _ LOST AND FOUND. LOST, Fox-terrier Pup. Reward on bringing it to Alfred Low, Canongate Hotel, Brown street. FOUND, Black - and - tan Collie Dog; owner can have same by paying expenses. Hy. Harraway, jun., Burnside. AUCTIONS. THURSDAY, 10th OCTOBER, At 12 o’clock noon. At tho Dunedin Horse Saleyard. GREAT UNRESERVED SALE OP SPLENDIDLY-MATOHBD PAIRS OF CARRIAGE AND BUGGY HORSES, LIGHTHARNESS AND SADDLE HORSES; OMNIBUSES, PALACE CARS, HARNESS, ETO, \\T RIGHT, STEPHENSON, AND CO. V? are instructed by Mr W. A. Young to sell by auction, at the above time and place, 70 first-class harness horses, comprising splendidly-matched carriage and buggy pairs, light-harness horses and hacks, and medium draughts. 8 patent Palace cars, beautifully fitted, and licensed to carry 30 to 45 passengers. 6 omnibuses (light), built by Cousins and Atkins, Auckland (carry 30 passengers each) 60 single seta of American car and bus harness, stable utensils, etc. In calling the attention of tramway contractors, mail contractors, livery stablekeepers, farmers, and others to this great unreserved sale, the Auctioneers would just state that never before in Dunedin has such an opportunity as the present been afforded the public of securing so many first-class light harness horses in one lot. The purchase of the buses and cars by the Tramway Company or by cab owners is certain to prove a very remunerative concern during Exhibition time. N.B.—Tho horses and plant will be on view at the stables, Moray place, on Bth and 9th mat,
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Page 3 Advertisements Column 7, Evening Star, Issue 8030, 5 October 1889
Page 3 Advertisements Column 7 Evening Star, Issue 8030, 5 October 1889
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