ASBESTOS DEPOSIT
DEVELOPMENT IN NELSON Initial steps taken to develop an asbestos-bearing area in the Nelson district were outlined in an interview with the Minister of Mines (the Hon. P. C. Webb). Ho said that for twenty years an area had been held for speculative purposes, but no serious attempt had been ma.le to prospect it. The Government decided to get direct control of the area and a prospecting warrant over 114(5 acres was taken out by the Miues Department. Applications had been invited by public advertisement for rights to prospect and develop the area subject to stringent conditions ami a bond of £2OOO. One application was received only. The offer was accepted and a mineral prospecting warrant had now been assigned to the company, which also had a license to build a hydro-electric scheme on the Cobb River. The same road will serve the power scheme and the asbestos deposit. Since obtaining the rights the company had had a geological and magnetic survey made by the Department of Scientific and industrial Research at the expense of the company. The report on the survey would be the basis for framing a prospecting programme which would be commenced as soon as the weather permitted, the area being about 3000 ft above sea level.
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Bibliographic details
Kaikoura Star, Volume LVI, Issue 94, 30 November 1936, Page 3
Word Count
212ASBESTOS DEPOSIT Kaikoura Star, Volume LVI, Issue 94, 30 November 1936, Page 3
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