DIAMONDS AT HENDERSON.

New Zealand Herald, Volume XXXV, Issue 10837, 22 August 1898, Page 5

DIAMONDS AT HENDERSON.

REPORTED VALUABLE DISCOVERY. Considerable interest is being manifested in alleged discoveries of diamonds at Henderson, and the representatives of several financial corporations who have New Zealand offices have been making inquiries into the value of the find. The discovery was made by Mr. Alfred Bullock, who has had considerable experience on the diamond fields of other countries, and he states that the drift containing small diamonds extends over 1£ milos, the precious stones being found under a basalt formation. In hardness and crystallisation, the diamonds are said to be in every way equal to those recently found in New South Wales, which property was subsequently purchased by De Beer's Company for something like £50,000. Opals, sapphires, and other precious stones have also been discovered at intervals, and the prospects are considered so promising, that systematic development will probably be proceeded with as soon as possible. So far operations have been confined to a depth of from 4ft to 6ft, and Mr. Bullock expresses the opinion that there is every indication of the discovery proving a valuable one.