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NOTES PROM WAKATIPU. (FROM OUR OWN CORRESPONDENT.)

AKROWTOWN, -• April B.—Mr William ' Thompson, who some time ago came down from Wajhi, North Island, with aome other ' young men to try his fortunes in Otago, and ■ who now holds a share in the Bracken's Gully . Cooperative party, otherwise known as the '" Miner's Dream," showed me the other day an ' oiince slug and some smaller pieces of nice ■ water-worn gold got in the claim. Since then. , it has leaked cut that the party have got soma ; very handsome patches of the precious metal, ' and recent indications go to show that there is a highly payable deposit of considerable ex- • tent in their claim. Coarse gold—up to 15dwt ■ pieces—is met with in the gravel three and four , feet above the bedrock. Pleasing as all this ' is in itself, and welcome as it cannot help he- •' ing to the fortunate party, it in addition gives * the reassuring proof that all the alluvial,, gold in our hills and streams has not been got yet. ■•; ' It is true that the ground in' question always was looked upon as pile ground, biit the difficulties in the way of opening it have hitherto frightened miners off until the present- party took the job in hand, and therefore they richly deserve the success they are meeting with.' ' The clean-up of the Glenrock Company.for March last was 3060z 12gr from 456 , tons ' crushed. This yield-gives an average of_lßdwt • llgr per ton, and leaves a surplus over and above working expenses for remittance to Lon- ' % don. Mr William Patton, who is. in charge of the .mine during Mr. Stanford's absence, reports that satisfactory as this return is, tho }. outlook for the current month ie not so good as the quantity of stone >»> sight is very lirni- ■ ted. . , '.*

The dredgemaster of the Matau Dredging Company (Limited)' wired yesterday: — "Started dredging to-day. Working well. Will not wash up this week." '..'■■■

An Auckland telegram states that the Mari- '. posa Company, Kuaotuna, obtained £404' worth of gold for the past month's crushing operations. The month's yield of golaV'For Auckland . is valued at £45,706, with returns of about £4000 yet to come in. The increase onithe p"revious month is £3610. •' ■ '

Tne Tarawera Mining Company have engaged ' Mr James, a metallurgist recently from Mount." Lyell, Tasmania, to make a full report on their copper lodes at Isthmus Bay, Preservation/In- . let, with a view to deciding upon further action $ and the most desirable method of treating, tie complex ores.—Southland Times. . .'./

Stevens and Edwards, in HoskingV paddock", Quartz Reef Point, washed up on the 30th ult. for a month's work, and got about. 20oz.—Crom. well Argus. ■■--•■.'

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18990414.2.64

Bibliographic details

Otago Daily Times, Issue 11397, 14 April 1899, Page 5

Word Count
436

NOTES PROM WAKATIPU. (FROM OUR OWN CORRESPONDENT.) Otago Daily Times, Issue 11397, 14 April 1899, Page 5

NOTES PROM WAKATIPU. (FROM OUR OWN CORRESPONDENT.) Otago Daily Times, Issue 11397, 14 April 1899, Page 5

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