Gold Mining.
-*. | Per Press Association] Melbourne, January 27. The report of the Broken Hill Proprietary Company shows a profit for the six months ended November of £153.000, of which .£144.000 will be distributed in dividends. Perth, January 27. A sensational find of alluvial gold is reported near Kanowna. A prospector named Hurst found a 60oz nugget and several smaller pieces. All the surround* ing country has been pegged out. Auckland, Jan. 27. Most important developments have occurred at the Scotty's Hauraki mine, i Coromandel, a property held by an i English company. Very rich stone has i been obtained at a depth of 353 ft. Tbe ' supervisor (Captain Hodge) states that i the discovery does not appear to be a ! mere " pocket," for tbe reef is a strong 1 body sft wide, and he has every reason '. to believe that a run of cold has been struck. Stone was obtained yesterday i which is equal to anything found in the i Hauraki mine. In one breaking-down ■ 1501 bof specimens was obtained. One < piece, 501 bin weight, realised £300,. The * discovery should, Captain Hodge says, i exert a powerful influence in inimogiu ! this locality. '>
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Bibliographic details
Feilding Star, Volume XVIII, Issue 176, 28 January 1897, Page 2
Word Count
193Gold Mining. Feilding Star, Volume XVIII, Issue 176, 28 January 1897, Page 2
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