Fnblic Notices. ZEALANDIA SYNDICATE OPTION. . PUBLIC in |ORMATION ONLY, MORE THAN DOUBLE THE NUMBER OF SHARES AVAILABLE BEING APPLIED FOR. PROSPECTUS Of the A LI) INGA gold dredging company, limited. (To be incorporated under “The Companies Act, 1882.”) CAPITAL £9,000, In 9.000 Shares of £1 each. Thesurnof fpqn y in >a *'V Up j ‘‘n 65 are to bc al,ottc4 tbe vp "dors. who will also receive 6 750 w en f h ; n fu " payn,eilt fo " bb ® and the balance of the shares, on niinliriHmT offercd tbe public on the following terms—viz: One shilling per Share Ji.iir ’ 0110 sLillmg- per Share on allotment, and the balance in calls not excerris ulling and sixpence per Share at intervals of not less than ono month. The the Memorandum of Association will act as Directors until the first General Shareholders (to be called immediately after registration of the Company), when permanent Directors will be elected. Bankers: THE NATIONAL BANK OF NEW ZEALAND, LIMITED. , Solicitor: Mr JOHN WHITE, Eldon Chambers, Princes street, Dunedin. Messrs SLIGO BROS., Colonial Bank Buildings, Princes street, Dunedin. Secretary; ■““ r LESLIE, corner Water and Crawford streets, Dunedin. a mhAno- 9°”', Pa p y ( ,n 3 being floatccl to acquire and work mining areas, and in particular from 12th' inri^ionn^oo 3 ( more °r less), with the right to purchase within six months AJSull April. 1900. 29 n/IVOU <W nil iwm. aim. ana is at present held under prospecting License No. 265, but has now been applied lor Timiya-i, 1 Claim, and all preliminary court ices paid by the Zealandia Syndicate, Ihe land being unsurveyed, tho ana is only approximate, the wf 6 “v j * froeb ? bl property containing 20 acres included within the boundaries of the land applied for winch is under offer fc,r sale to the Company for the sum of £2OO. C all l l , ■ A “ouhtlcss prove to be ore of the richest on Nelson Creek. It has been Tea by several highly auriferous tributaries, and tho terrace that it has cut its way through is topped by washdirt that would pay splendidly for sluicing if water was available. ■ be “ auriferous wash covers many square miles of country, with Nelson Creek' nnrtb i 1 B c ® utre o f lt - The ancient rivers that deposited this wash had their courses ana s . omh > and must have been of great widtlh. Tho present creeks and rivers in cutting their courses through this ancient rivei formal ion concentrated the material, and left the gold and heavy particles behind in the beds of these rivers, hence the rich deposits of gold-bearing gravels that are now found at comparatively shallow depth in the different creek beds and watercourses on the south side of the Grey Valley. 'Che wash on the t-rrmxs contains an equal quantity of gold to the superficial area as that obtained in the creeks, but b«» i f^?t ij reS i ROn j en J tratloulll,snot been (;arried 011 these beds of wash cannot beds a bllndredtb part as ,nucb as 11,0 concentrated gravels in the valleys The area known ns the Aldinga claim is a splendid example of tins theory, and owiim to it being confined to a greater extent than all the claims above or below if. it/should prove to bo a regular golden tail race, and give wonderful returns to a dredge treatin'* 100 or more cubic yards an hour. Tne prospects obtained by (ho Zealandia Syndicate’s o experts all so sskHiss;’ s s?aaf. n ' oi " 18 " tr “ 10 u “ c " bic ** w ” ” b ‘ ai,, “ i ertij'r gr °, Utld , l ,a ' S bccn T ll proap ectcd by the Zealandia Syndicate’s experts, and ill their estimation should prove to be one of the nebesi dredging claims on the West Coast. deal ahnveMe? 11^1 ° f 1 T rep f 01 1: s attacllP( J s,,nlll(l convince anyone that this claim is a great coa can bo din val,lcd '-edgmg claims, and well worth investing in. Blackball (ant from the ikaTnl ° U b ° arC th<s dreds<! at low ocr ”’ tbc pit bein ” onl Y a few miles disDividonds will be paid per share, irrespective of the amount paid up. be borlioin^'pa e id°by a tim Company. '° flot " tion Bnd ineor T« a tion of the Company will The only agreements are; 1. Agreement dated sth February, 1900, made between Michael Malone of the one part, and the Zealandia byndicate, Limited, of (he other part Z. Agreement dated 18th April. 1900, made between the Zealandia Syndicate, Unntecl, of the one part, and David Leslie, on behalf of tho intended Company, or the other part. * 3. Agreement with Michael Malone, for sale of 20 acres of freehold above-mentioned, date 12th April, 1900. • f . cp,p f t,bps f agreements, together with the original reports and prospects obtained by tho experts, may be seen at the office of the Interim Secretary. opiamea oj No application for less than.2s or more than 200 shares will be accepted. REPORTS ON THE ALDINGA GOLD DREDGING COMPANY, LIMITED. Tho Directors of tho Zealandia Syndicate. AhaUra ’ 12U ‘ Apri '> 1900 ’ < c e m 1 v m ®r , T AC i t T 1 r K i Cm VCIUr inp t™clin m , 1 have prospected the prospecting dredging SfSSSSt** h °' d th * ° p{i ° n ' 1 & "A a! The area is situated in the bed of Nelson Creek, and is one mile in length along the course of tho creek. It is bounded on the lower end by the claim of the Victory Gold Dredgmg Company, and on the upper boundary by ClaughesVs Freehold and Sadler’s prospecting dredging area and on each side by perpendicular sandstone cliffs. In the absence of a Purvey it is impossible to estimate correctly (lie acreage within the area, hut I should think it would contain .rom 60 to 70 acres. It is grandly situated for containing rich deposits of opld as the creek has cut its way through aurifert,us lernices of a great height depositing the gold which they contained in the grave! forming tho bottom wash of the present’river b ? d - bt Pont ams the junction ot the right and left-hand branches of Nelson Creek both ft have . l ’ eeu " ch enough to he worked b- the early diggers wherever it was possible to work foi water. There arc several places wilhm the area which have been worked to a certain extent, but as the beach formations on which the old workings are to be seen were limited in extent, ami could not be connected by a tail race, it, is verv doubtful if ever they got on to the bottom. “ The circular bonds which occur in the gorge within the area of the claim are very favorable for containing rich gravel wash, as a great portion of the force of the stream ’in flood time is spent against the sandstone walls forming the outer circle of the bend, allowing the gold to find shelter and settle in tho hack water ot the inner circle A boro has been put down near, the lower end of (he area., which reached the bedrock at a. depth of IDtt below the water level. On washing the borings (one cubic foot and a yie>« of two and one-ninth grains of coarse gold was obtained, indicating a yield of a little over two pennyweights to the cubic yard. ‘ ■ I gashed 19 cubic yards of gravel from a beach near the lower end of the claim for a yield of Idwt 12gr of easily-saved gold—l 6he seen in sample bottle marked No 1 I also washed seven cubic yards of gravel from a bench near Hie middle of the area tokirc the gravel to a depth of Sit below (he water level, for a yield of Idwt of coarse gold—to be seen manmidebotUc marked No. 2 The deepest ground within tho area is not likely to exceed Zsft. Tim bedrock is composed of soft: sandstone. Although, as a rule, the rr ra vel is verv coarse, there are not many larg:e boulders to bo seen on the area. * There is a beech and waterhole near the lower boundary of'the area, which will be suitably for building and floating tho pontoons of tho dredge. The distance from the Ngahere railway station is about five and a-h.alf miles. The best, road for the cartas 0 f materials fw construe ting the dredge will bo up tho bed. rf the creek. There is a sawmill within three and a-half miles, from which sawn timber can be got for the construction of the pontoons There is plenty of growing limber on tho terraces on both sides of the area from which supply of firewood can be cut. It will be much cheaper to use firewood than coal There are no snags of any consequence to bo seen on the area. The highest beaches are not than 6ft above water level. The dredge can be worked with the neatest safety Securely highSt floods 6 Sr °' Wm " trePS ° n both S ' deS 0f lhe creek ’ al,e will be perfectly "safe in the With a modern dredge and good management, I have every confidence in recommendin'* it as a good and safe investment for capital. *m>icimiii„ I am, yours faithfully, JOHN DON. Sir,-I have lived in Nelson Greek for the last 30 years, and know a good deal about the creek. I have seen very good prospects washed on your claim. I was one of a nartv wlm brought in a tail nice to this ground, but could not bottom it. My opinion is that 4nr claim will pay well for dredging. - 1 •’ ur PATRICK LEANEY. Mr D. Leslie, Secretary Zealandia Syndicate, Limited Dunediif * laUra ’ 2tb b 9CHL • ? ear ■ S ' r '- Foiloft ; i ' l e- ?o«r instructions, I have inspected and prospected Malone’s dredgein# claim, and herewith submit the following report: * ultJU » e Tl]’ 6 abea ' known locally as the Nelson Creek Consolidated, is situated on Nelson Creek adjoining the upper boundary of the Victory Dredging Company's claim -,,,,1 ‘ ueek: ' mile of Nelson Creek and flats; estimated area. eWres““■Fhl? clat is dTd^st °or down stream, by the Victory Dredging Company’s c'-im- north inrl <.nntb ' claries for the first. 45 chains, by vertical sandstone cliffs nflv to seventy’ fccUn height From Creci PO f m 6 T ek n ' pidl ti ? pens 0U ~ a i l Ck C loning with the left-hand branch of Nelson Creek, forms a largo open flat, over which the continual'shifting of the creek course is nHinh evidenced by a senes of free wash beaches standing at an elevation of from V Plainly above water level. Above tins junction of left\..id / ect known ns Claughcsy’s Freehold, running parnllel forms the north hnnndarr im of this area. The first 45 chains of this cmim possess features distinct frrm ill foiu to eight chains, and averaging about six chains. Tin's 45 dnin* of trom be describee! as a veritable sluice-box for all the <*old carried down from hotuYf? b j d ■ Dl ul y hand branches of Nelson Greek, and, altlmugirmirrowTas none n dank on gorge claims on Bast Coast. A soft atteadahsenco of large stones and travelling drift, should allow all the <mld to an •i° ntlr ? quickly. That very rich gold exists over thifmrt o" Hairi. s erident nnd unsuccessful attempts by various means to bottom - mort of the be-mho! th nim 1 10 ™ Pa above water level have had the surface wash cradled for good re-nlts nnd b' ng b , el^ bt of reef at foot of cliffs was bottomed, rich gold was obtained ’ wherever a The left-hand branch, rising from Lake Hochstetter nnd drninmo- , i c ■- ous country, has been worked for good results to where' it emntins"nn i°^ - aur . , i e }~ M'Ccll and O’Brien’s reports). llero emphcs °n to this claim (vide The right-hand branch, rising from Bell Hid dio-mna: a,.,,;.,,, „ , , , , , aunferons country, very good gold having be en got from its source to ju^sti^ 1 wStK*Gt^f IZS SfiS. Sf feiV.W'T -“V with an occasional large tree is growing on t!i" S o U tli" beach S H.k l. m.,' b f lt hgbt S "- n,b «t Art* £2 10. p„ Tne upper ( “ CXAXI JX north beaches and creek bed, and sparsely timbered hv benvw t ronc „ * * 1 Y? n l , There are no siiags visible along any of the cut the”claim.’ S ° Uth beaCh ‘ The wash is free, easily treated and although both wash and gold are heavier than lower area, no large stones or anything to interfere with rapid dred-mg are risible Bot t0 a ***■<* feet ™ n n,lle the latter halfroado0 '’ 1 CaU deliv ° red VPry Cbentl,y from N e abp rc coal depot, five miles distant by good aCC6SSib,e - and Witbi " threc cbains <>f b °ttom bounA saw-mill is in operation within two and a-] la jf m ;i es 0 f c i a j m u^ l M n J [ ohn i?° n baa ca 4 refl ; l 1 1 - v and systematically prospecWthe surface beeches to water level, but as the constant sifting of the top gravels by the action rf water gravitates the go d towards bottom the results obtained by Mr Don point conclusively to rich deposits of gold m tho lower strata or wash and on bottom. *■ 1 Appended aro results of surface work: , No l test.-At bottom of claim nineteeen cubic yards of surface wash were treated for Idwt 12f?r of pold: equal to I.B9jrr per yard (sample Xo 1) No 2 test (taken to three feet below water lcye!).-Seveu cubic yards were treated for Idwt of mco snotty gold; equal to 5.42gr per yard (sample No 2) A bore under the supervision of Mr Alex S ligo. was sunk about four chains above the lower boundary, and bottomed on soft sandst one 19 feet 6 inches from the surface and 18 feet 6 inches from water level. * Highly payable prospects were obtained i„ this bore from the surface, getting richer and heavier each snccessu-e foot until bottom was reached. Inst pumping bringing up a splendid sample of gold and showing conclusive evidence of the value of this part of Nelson Creek as a dredging claim, and also bearing out the testimony of experienced miners who assert that the whole of this area would pay to work by band, if sufficient fall for under" ground toil race could be obtained. ~,luer eubi^yard.° f Borß ’- DrillinKS ’ L 25 cubi ? (pei - result, 2Jgr; equal to 2dwt 0.60gr per and ft dnu4^ on to ,e 4lrelmlt “ " dred *’ ~g inTOstmenl > wbicb la rge I am, sir, yours faithfully, NORMAN K. SLIGO, Mining and Dredging Expert. , I) f e!n : been asked by Mr Malone to stateX amounf l oVgold I, that°caine out of the Chinaniens Claim, to the best of my knowledge we bought between three and four hundred ounces from the party, B tnree ana I remain, yours truly, p - BRADLEY, Gold Buyer. Sir, Being an uninterested party, I willingly gire report JfwbiS'l’kJSS'ron. corning your claim. I have known miners working in the creek above your claim Thev made good wages, getting a good sample of coarse gold, and I believe the same w d tuns through your claim. The quantity of water in the creek has prevented miners from working the ground in your claim Very good gold has been got in the left-hand branch wh ch empties into your claim I also know a parly of Chinamen who sunk a paddock in your ground, getting very good gold, but they had to abandon it owing to water. 1 remain, yours respectfully, I*. O’BRIEN, Gold Buyer.
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Bibliographic details
Evening Star, Issue 11251, 26 May 1900, Page 6
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2,595Page 6 Advertisements Column 1 Evening Star, Issue 11251, 26 May 1900, Page 6
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