Hawke's Bay Herald FRIDAY, AUGUST 20, 1869. GOLD DISCOVERIES.

Hawke's Bay Herald, Volume 13, Issue 1076, 20 August 1869, Page 2

Hawke's Bay Herald FRIDAY, AUGUST 20, 1869. GOLD DISCOVERIES.

No sooner does a steamer arrive from Auckland, the bearer of newspapers replete with accounts of enormous yields of the precious metal, and of rapid fortunes being realised by lucky diggers and fortunate speculators, than the wires bring us intelligence of fresh discoveries " down south." Stewart's Island is the scene of the very latest discovery, but Canterbury, Wellington proper, and Wanganui, all claim to be auriferous. And. we have no doubt they are. The whole country is a mine of undeveloped wealth, and capital only is ■wanted to bring it to the surface.

The latest telegram would seem to indicate than one of the numerous quartz companies recently formed in Wellington has actually struck gold. News of a similar character may be hourly expected from Wanganui. In Wairarapa the most assiduous prospecting is going on, the residents being cry sanguine that a gold field exists in the valley. "And "what for no?" as Kirsty Claver would say. In ail probability gold exists in veins stretching continuously from north to south along the backbone of the two Islands, serving to enrich adjacent valleys, and to open up mines of inexhaustible wealth to lucky prospectors in the future.

Referring to recent reported discoveries in our own province, we have to regret that no later intelligence, confirmatory or otherwise, baa reached us. Of the vein of quartz said to have been discovered on the run of the Messrs Carlyon, or the auriferous stone found in the gizzard of a duck at Oakburne, we have heard nothing further. But we are sanguine, nevertheless, that gold discoveries will yet be made within or near the boundary of this province, and tbat, sooner or later, mining companies will become as much the fashion in Napier as in other parts of the colony.