KAPANGA: IMPORTANT FIND.

New Zealand Herald, Volume XXXIII, Issue 10132, 15 May 1896, Page 3 (Supplement)

KAPANGA: IMPORTANT FIND.

In the Kapanga mine they have struck a ret» with gold showing in the eliafb over 900 feet deep. lb is in splendid country. The find is a most important one, as it is the deepest gold yet got in New Zealand. This discovery is of more importance than would appear at first siuht, for not only is it the opening of gold-bearing strata at the deepest levels ever opened on the Thames peninsula, or for the matter of that in New Zealand, but the surroundings are such as to afford very great encouragement for future deep levels. The Kupanga Company, after exhaustive working 011 higher levels, had sunk to a depth of 800 feet, at which they opened out in a very promising olass of country. Subsequently Captain Argall. manager for tho company, procured the use of diamond drills, and bored nearly to a depth of 200 feet, or 1000 feet in all. The cores taken up showed a most encouraging change for the bettor in the andesite rook, and some quartz bored through gave traces of gold, On his suggestion the company authorised the sinking of the shaft to 1000 feet. It i« now down 920 feet, or 120 feet below the last level opened out on, ihe country rock iu the shaft has been most encouraging for some time, and quartz stringers have been coming in frequently, but the best and most encouraging indications met with, so far, is a nice quartz vein, about four inohes, thick, and showing gold' through the solid quartz; and amongst the: ore taken out of it is a piece about two inches in length which might fairly be classed as a, good specimen., Of course, under present, ciroumstances no fresh developments of • this vein, can Immediately, take place. The, sinking of the shaft has to bo' continued, and it is probable.that in tl/e country now being penetrated other veins ot, perhaps larger size will be intersected.