MINING NOTES.
By Obadiah, tfifi Scribs. Another new find at W»itekaun\ Mile* of claim* peqrffed mlt ' ™pf y", 8 thick, prospects Wtrtr tW Eu^ell a; Borne more of our idlers should *tP'C9 prospecting. There wo-ld be a chanrt of imorovinf? their own and the *oldfield's prospects, as tlipve is not the least doubt that flior» i«« utill plenty of irond mimup country on tho Thames golrlfielrig, flo fl^tnfi of our^ young dancers ha^ better pack AeirWWjrs and see w"hat they can drop on before the mosquito season sets in. 1 see 'b" Paeron people are anxviua to run a Karanpfhake mine on their own account. TW are floating a rnmpanv, the office, mnr-flgrer and dinotors of which are aU in that city. The mine is a pood on*, and is to ,ba worked for the bullion i* contains and not for the market. Perhaps it i« just as well for them to Veep it to themselves, but I thirk the Imperial, from its prospecfa and position, should place some of it° "shares on 'he Anck* land market, as KHranpfthake stock is rather in favour just now. Bnt,they want a little more capital, end there should be no difficulty in placing th« 10,000 shares offered locally. ■
[*ROM Otltt OVN 'CORRSS^ONtoENT.] La^er news from the Waitekauri Vatlpy new find say that the new reef is tbe finest ever Relied in the place. The gold is thick in the stone, coa cc I and of excellent quality. Several n<aw claims were tiken up ypsterday. A rmd is easily piaeticdble from tho Waitekauri battery and could be cheaply mode. There are rftmouta of abig silver find in the district.
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Bibliographic details
Ohinemuri Gazette, Volume I, Issue 46, 29 October 1892, Page 8
Word Count
275MINING NOTES. Ohinemuri Gazette, Volume I, Issue 46, 29 October 1892, Page 8
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