KEEP IT DARK.

Inangahua Times, Volume III, Issue 87, 9 March 1877, Page 2

KEEP IT DARK.

Wednesday, Mahc^ 7. '■ Shares in this company,, at the nresent , time are quoted at six shillings, although few indeed are inclined to part nt that price. The prospects of the mine continue to improve every week, and, accord* ing to appearances there is e^rery ljkelihood of a siiil lu>t\i<i.r advonce taking , place, as the work of every d,»y foi* weeks past has proved tLe mioe to have become a. really taiuable [irpjjerty. References^ ia fpi-mer. rppo/is have been made io ibe reef having at a certain point divided itself into two dis.inct bodies of stone. One bus already been pipyed, for nearly 5,0 feet in length averaging 7i"t thick, the more reeenfc worts have been in tbe form of preparation for, follow mr» the s one in ibe opporUe dt.ection, good svb«*iantu»l sets. of timber giving been put in suitable,for opening out tlie sione is now being rf'iven on, and this morning six feet of a fine face of quartz was exposed, and every foot that a lode of this character is shown to exist, leavi.ig the same overhead and underfoot, must unquestionably enhance the vsiue of shares. Anoi'ier imporian,t d'scovery was made last week in this company's around, in ihe form of a mass of solid .quartz, cropping through the surface at tlie foot of- the hill on the flat wber.etbemaclrneis. erec»ed. The sur» face has beep removedjSufScienily to expose a huge block of guld be;irinw stone, but being situated underneath 'he, iramjway it is not advi-nb'e Io disturb mp;e o? tbe surface for the )>«esent, it therefore remains for a fuiure di»y to prove whether it ia a reef, or only a boulder slipped from tlie hill—sufficient h how< ever shown that pnother bij; bo.ly of stoneexUts nea,r at band. Bvepara^ons onibe sn>f;if« hay? now been commenced in o.dpr to Mnk to meet the uprise, and the late obstacle with the crashing company having been flmica'dy settled, tbft mil! will be starteu at the end of, this week.