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NENTHORN.

(From Our Own Correspondent). April 14, 1890. The general outlook at Neuthorn is not so bright just now as a newspaper correspondent could wish. Tho temporary stoppage of the Blue Slate Company's works and also of tho Prospectors haa thrown a cloud over tho place which is rather depressing to the business portion of tho community especially. I use the word " temporary " because lam hopeful that tho claims will not bo allowed to stand idlo altogether, although the present shareholders seem to have suffered from oxhaustion of patience, if not of means. Many u mino has ogon left like them, and yet tin.nod uo a splendid claim. There is one near Orange, in New South Wales, which lias been left idle fur many years, but lin.s been started by fresh shareholders recently, and it is turning out stone of phenomenal richness, some of it going as high as ten thousand (10,000) ounces to the 'ton, aiid any amount of stone reported to go from 5() to 00 cuucco to tho ton. Of course I do not tncan to say that such a case as the one quitted is much of a guarantee for tho ultimata success of tho Blue Slute or l'ros, cctors, but it is ono of many cases which could be quoted to show that whereever a good strong quart/ lode is got which is once proved to carry gooil prospects of gold, it is it likely place to find aomo more, even in Otago, or any other country. Now, the work done in the claims mentioned only goes to show that they are gold-bearing lodes p.t or near I lie surface. What they may contain ut. lower levels remains to be tried yet, and I trust they will lie tried by some party who will not expect them to pay by expending all the available power ot the company on tho surface or within haudwindlass distance of it. The shareholders of both claims have shown a respectable amount of Millingncss and pcrsevcrence, and every one seems to sympathise with their want of success ; but still, I think, the claims aro worthy of a more extended trial, and I hope to see them get it.

The school building is advancing toward completion, so fur as to form a conspicuous object on the crown of the spur on the north side of the township, and it is likely soon to bo ready for its numerous occupants. Tho Victoria Company arc likely to have tlio whim ready for work in about a week's time, judging by tlio Bpceil with which the contractor is getting on with tho work. In tho Eureka work is being pushed on vigorously, and very good prospects are reported.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MIC18900417.2.7

Bibliographic details

Mount Ida Chronicle, Volume XXI, Issue 1063, 17 April 1890, Page 3

Word Count
454

NENTHORN. Mount Ida Chronicle, Volume XXI, Issue 1063, 17 April 1890, Page 3

NENTHORN. Mount Ida Chronicle, Volume XXI, Issue 1063, 17 April 1890, Page 3