THE DIAMOND DRILL.
We learn from late Californian papera that this drill is in general use in the, mining districts in America, and that great swindles have been perpetrated by the directors and officials of same of the large mines there, who have kept the information obtained by prospeoting with this drill to themselves, selling out when it disclosed the fact that a rich vein was almost exhausted, or buying in when they knew from it that they were approaching a rich level, the shareholders and the 1 outside public being kept in total ignorance of the information on which the' initiated were acting with a certainty of profit. It is now demanded that all the
shareholders of mines working these drills shall be furnished with immediate information of any change in the prospects, The drill is used there (in California) for putting in cross bores from a shaft or drive, so as to discover parallel veins, as well as to sink, and it is therefore, after a shaft has been sunk, available for the discovery of vertical reefs or lodes as 1 well as those that lie flat.
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Bibliographic details
Otago Witness, Issue 1341, 11 August 1877, Page 3
Word Count
189THE DIAMOND DRILL. Otago Witness, Issue 1341, 11 August 1877, Page 3
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