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COLOSSAL WEALTH LYING IN WETHERSTONES The gold of Wetherstones, dug out by the hardy pioneers with picks and shovels in the roaring sixties, solved tho unemployment problem of that day. These men and women risked their lives and placed New Zealand on tho map of the world. Since then nearly £100,000,000 worth of gold has been exported from th's country, and about one fifth of this sum was recovered from the Golden Molvneaux and its tributaries. Mining engineers, miners and geologists have frequently stated in past years that when modern methods are applied to the rich goldfields of Otago, the efforts of those who did so much with pick and shovel will be easily out-distanced. Leading professional and business men jn New Zealand have staked their reputations that the colossal wealth which has been proved to be lying at Vfetherstones can bo easily mined at huge profits by modern methods. Dr. P. Marshall, Government Geologist, has reported very favourably on this field, the Mining Department in Wellington has keenly its development, and Mr. G. M 7 Thomson, a world-famous mining engineer, has made no secret of his opinion that this field has possibilities Of becoming one of the largest mining enterprises in the Southern Hemisphere. The balance of the 5s shares in the Wetherstones Goldmining Company, Ltd., are being sold rapidly and we confidently recommend this as the outstanding mmin# investment in New Zealand to-day^ Particulars from W. Stuart Wilson and Co., or any member of the Associated Stock Exchanges of New (Advt.) v-

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https://paperspast.natlib.govt.nz/newspapers/NZH19321121.2.18.1

Bibliographic details

New Zealand Herald, Volume LXIX, Issue 21345, 21 November 1932, Page 5

Word Count
254

Page 5 Advertisements Column 1 New Zealand Herald, Volume LXIX, Issue 21345, 21 November 1932, Page 5

Page 5 Advertisements Column 1 New Zealand Herald, Volume LXIX, Issue 21345, 21 November 1932, Page 5