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GOLD IS THE NORTH.

Pkoji time to time reports of gold discoveries in the !Xorth reach us; arid we have no dcubt the precious metal is extensively diffused all over tho .Northern districts. But up to the present time no find has been made of gold in such quantity as would lead to the conclusion that a payable goldfield exists in the North. AVe have occasionally seen samples of reef gold from the line of country lying between the head of the TVairoa and Hokiangtt river; and two samples of stone from this locality weie tested the other day at the Bank of New Zealand, with the following result : —

No. 1 yielded a return at the rate of 1 dwt. S grains to the ton.

No. 2 showed gold; but the quantity was inappreciable.

At the same time wo arc of opinion that steps should be taken to prospect this district thoroughly. The Provincial Government have tit their disposal a sum of money for aiding prospectors ; and we suggest that a portion of it should be expended in equipping a reliable party of men, and paying them while engaged in the search lor gold. We are aware that this would be a risky undertaking ; tho chances being that the prospectors would not do their work honestly. Still, it is worth trying ; and conditions might btmade which would ensure a thorough search.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18720221.2.47

Bibliographic details

New Zealand Herald, Volume IX, Issue 2519, 21 February 1872, Page 7

Word Count
231

GOLD IS THE NORTH. New Zealand Herald, Volume IX, Issue 2519, 21 February 1872, Page 7

GOLD IS THE NORTH. New Zealand Herald, Volume IX, Issue 2519, 21 February 1872, Page 7