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Notes from Central Otago.

(From Our Own-Correspondent.)

NENTHOKN. The last of the la3t public company on Nenthorn has disappeared in the sale of the Eureka Gold Mining Company, in liquidation. The sale took place on the premi-es on the 22nd, and was attended by about 20 persons, mostly those in the neighbourhood. The sale could not be said to be a success, as most of the heavy machinery, with the exception of the rockbreaker and one sft Huntington mill, which were purchased by Messrs "W. aud G. Donaldson to add io their plant at Golden Point, Macraes, remained unsold. I understand the engine and boiler are to be sent +o Dunedin, as also the new Huntington mill, which was never erected. The mine was not offered for sale, but all the gearing, such as whims, poppetheads, trucks, &c, were disposed of for small sums.

Mr Wicks, who erected a windmill to pump the Crcesus mine, is waiting for wind now that the tumn is in order, the previous gale having disabled it! Holden is taking stone from a small reef on the south of the old Blue Slate. Another party is taking stone from the Jacob, and another from the Homeward Bound. As a rule these fossickera mike a livins; and something more. Holden is reported to have cleared j£<soo in a fewmonths, and this lucky find has induced more prospecting, and we may reasonably expect other rich patches to be found. The Bonanza is to be sold in a few days. Thin course has been resolved on by the majority of the shareholders, who are members of one family. This seem'-i strange, as all the dead work has been done in the mine and the low level, which coat about £1500, ia completed and the stone ready to come out. MACRAES. Quite a number of sluicing claims, held by

Chinese, have been sold to Europeans at prices ranging from £5 to £70. One Celestial has just left for the Flowery Land with some £1200, got in about IS months.

At Golden Point the battery ia kept going constantly, and the owners have purchased a sft mill and rockbreaker, which, I am informed, they intend to erect alongside their present battery, which will make the plant equal to a 25-head battery.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18940705.2.27.6

Bibliographic details

Otago Witness, Issue 2106, 5 July 1894, Page 13

Word Count
381

Notes from Central Otago. Otago Witness, Issue 2106, 5 July 1894, Page 13

Notes from Central Otago. Otago Witness, Issue 2106, 5 July 1894, Page 13