THE THAMES COLDFIELD.

Manawatu Standard, Volume XLVI, Issue 175, 25 June 1926, Page 10

THE THAMES COLDFIELD.

REVIVAL OF MINING. THAMES, Juno 22, Tlie finding of gold in the Alburnia' and Lucky toiiot mines at Thames has created quite a renewed interest in other mines of Thames, and in mining generally. These revivals in the mining industry seem to come in cycles, appearing ao intervals of eight to ten years, and lasting for several years. During these jjenods much capital is spent in development work, which has been rewarded by promising hnds of gold. In almost, every instance small nnds have been the cause of creating an interest in the mines that later produced considerable bullion. This nas been the case ever since the field opened, and was the experience of such famous gold producers as the ishotover, the Caledonian, Long Drive, iUoanataiari, . Cambria, and the last big patch in the. Waiotahi, which i\as struck about thirteen years ago, when nearly half a million was paid in dividends. The position of several mines at Thames to-day is that anything may ■ happen,' and the prospects ot meeting with a patch of gold are exceedingly bright. Especially is this the case in the Alburnia, Moanataiaii, Lucky Shot, and Waiotahi mines. The first-named recently secured a small patch which has been the means of creating considerable interest, among investors, and at the same time producing sufficient capital to permit impor taut •development work to be undertaken.