NEW EL DORADO.

Mataura Ensign, Issue 1412, 17 November 1904, Page 6

NEW EL DORADO.

TALKS UK CKKAT IiICHKS IN' NKVADA. Auia/intr stories are trickling through about the new K.I Do)alio in Nevada. The sequel is likely to be a "did rush worse than that which fol lowed thiw Cripple Creek finds, cables a New York correspondent. The district is remote, and not easily accessible, and news comes through slowly, but already over lilK'O |>eople ate camped on the ground. Hundreds arc selling all they have to raise enough to go there. Almost fabulous wealth is said to be just a few feet Mow the surface. A man has only to tickle the earth with a pick to come away with a fortune. That is tin' tenor of the most of the tales that are reaching here. Proba'bly tlu-y are a good deal exug but there is no doubt the field is a rich one. The new goldiield was discovered in April last year, but llie, original prospectors were short of capilal. and the liud was temporarily abandoned. Knrly in the summer a new aynili cate was formed, anil bought a claim there for .Cl.yOlM.r. The first slmfi stink produced over tliiii.Oiiu. On another claim four months' workings is said to have yielded a profit of JC 1-20,000. Three brothers who sold (heir homestead and bought a share in a claim, worked at it day and night for two months without success. They sold out for little more than they gave for if. and the next day the new coiners struck the reef. They have already made isn.ooo. The 00110 people already on 111ground arc likely to spread to tiO.ooo under tin- stimulus of reports of this kind. Hundreds tire attempting; the almost impossible task of walking- to the district. The lode is reported to be 10ft. wide, and deeper than anv vet found ut Cripple Crwk, The first assay of the ore was reported to have vielded .0 200 to the ton. Later assavs li\ il at Cli'.OO. Jn four months nearly jCSOO.OOO li„s been realised, and enthusiasts declare that l»v .Tamiarv the vield will have totalled £2.0011,000.