MOUNT AROHA MINING COMPANY.
COMPLETION OF THE SALE.
The transference of the Battery Company's
mining property at Te Aroha to Mr. W. R. Wilson, by Messrs. Firth and Clark, has
usfc been completed and the purchase
money, £25,000, paid. The following is, we believe, a fairly correct list of the properties transferred : — . Battery, 40 stampers; tailing plant, containing 55 berdans; one large patent White-Howell roaster, assay office, retorthouse, &c., driven by six Pelton wheels, supplied from solidly constructed water races of some miles in length ; one race running up the Waiorongomai ravine, the other along the face of the mountains, flanking the Thames Valley, tapping various mountain streams along its course. The mineral lands consist of Firth's
special claim, 140 acres; Canadian, 10 acres ; New Find, 20 acres; May Queen and Galena, 10 acres: total, 180 acres. Through this ground the master reef of that part of the country runs for nearly two miles. Every one of the reefs of the district, both on the east and west sides, are believed to make junctions with this great reef in the company's ground. The quartz is brought down from the mines to the battery by a substantially-constructed tramway, leased by Messrs Firth and Clark for ten years, and transferred by them to Mr. W. R. Wilson. There is an abundance of timber for mining and fuel purposes. 10,000 tons of tailings go with the rest of the property. Mr. Gordon, the Mining Inspector of New Zealand, has well declared the Battery Company's property to be one of the finest mining properties in the colonies. This magnificent property, with its 2000 feet of backs, and from its position never requiring a drop of water to be pubiped or a pound of ore to be raised, the whole being level free, presents possibilities which the future may make brilliant realities. We understand that this property has cost Messrs. Firth and Clark- upwards of £45,000. Their transference of four-fifths of the property to Mr. W. R. Wilson and his Broken Hills Proprietary friends cannot fail to be of great benefit to the colony, and we very cordially wish a brilliant future for the new proprietors and Messrs. Firth and Clark, who, all through, have been distinguished by pluck, enterprise, and public spirit.
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Bibliographic details
New Zealand Herald, Volume XXV, Issue 9025, 11 April 1888, Page 5
Word Count
378MOUNT AROHA MINING COMPANY. New Zealand Herald, Volume XXV, Issue 9025, 11 April 1888, Page 5
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