The Silverton Mines

Otago Witness, Issue 1754, 4 July 1885, Page 22

The Silverton Mines

We have been shown a letter just received from the Silvertou mines, which created so muohtalk not only in Australia, but also in New Zealand last year. The writer .says :—" There is very little doing in mining matters, except at Broker Hill, on a line which extends about eight or nine miles. This neighbourhood was not much thought of unl.il about three mouths ago. Seven months ago I could have bough! a full share lor £10. JBStiOi) it. now the buying price. It is estimated by competent judges that there is £10,000 worth oi'ore in sight, and the quality is improving as the sinking proceeds. . . . The expectations ot the people here are at as great as ever, but I do not see how matters can improve until the railway reaches the border, and thnfc will not be tor two 'years yet. The Siberian Smelting Company has jlist been formed, and the smelter is expected to lie' in full blast in about three mouths. Tue fresh -water is all done, and we are compelled to use brackish wafer. Typhoid fever is very prevalent, und has carried off a great number of young men during the past five mouths. The doctors do not <=eern to be able to check its ravages. ... A man of influence with capital could make money here very fuhfc. The place is very little known yefc.'and I have no hesitation in asesrting that even the poorest claims I know , with the outlay of a few pounds and careful management, would make fortunes for the owners. ■ i