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AUSTRALIAN GOLD STRIKE

ALLURING PROSPECTS. (United Press Association—By Electric Telegraph Copyright.) SYDNEY, Nov. 27. The official report of the gold discovery in the Yass district describes the reef as from 8 to 14 inches wide and containing good, rich gold. Tlie prospects are most promising. The strike referred to is in the Yass district, near Jera-wa. A prospector reportedl that the sand between two hills yielded an ounce of gold to a panful of sand. There lias, been a. general rush .0- peg out claims. FEDERAL BONUS. TO ATTRACT ENGLISH CAPITAL. CANBERRA, Nov. 27. The Federal Government has decided to pay a bonus of 20s per oz. on all gold produced in Australia in excess of last year’s production. The Labour Caucus, claims that this will attract millions of English capita] and probably give employment to 50,000 miners and' prospectors ,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19301128.2.82

Bibliographic details

Hawera Star, Volume L, 28 November 1930, Page 9

Word Count
140

AUSTRALIAN GOLD STRIKE Hawera Star, Volume L, 28 November 1930, Page 9

AUSTRALIAN GOLD STRIKE Hawera Star, Volume L, 28 November 1930, Page 9

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