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Notes from Wakatipu. (From Our Own Correspondent.) Arrowtown, March 19

I THE MACEIOWN ItEErS. ! The announcement of a, rich r«ef having been ' struck in the mine of thy Wchtralia and 3Sew Zealand Gold Exploreis (Ltd.), which is the old Tipperary mine, will Le good r.twa to the shareholders, a g.-odly number of the shares beicg held ia Otugn. The loJe is leporled to be Gft wills aud to show gold from wu.ll to wall, 'tbe discovery was made in the west drive t/f the low level adit, and consequently in new countiy. j The body of the stone and the surrounding in- ; dicatioDS are favouiable to the supposition tb.it ! a really valaab'e discoveiy has been made, although it is still toe soon to pronounce with any degree of certainty as to tbe ultimate capabilities; of the flail. A trial crushing is aowgr>iu° thiough the mill, aud about the end of the currant month the yield will ve.y lik^l-/ be made knovvu So far ;io prospects and small tesiw are concerned tbey arc very encouraging In addition to the nfw fin' it is icported that the shaft now boing su:.k from tbe floor of the low level adit U also on good gold. This shaft i* now down S2ft, ard so far lirtle water is being met with— the quantity to be laised amounting to no more than fom gilli'iis per hour. The shaft is going down upon the live of stiike and following the underlie of the main body of stone from wbic'a s.ucb good r.turns were obtained about 20 year" a£o. The new find is due entiteV to tbe persistent and systematic w .y of prospecting adopted hy the manager, Mr W. T. Stin,for<i, who lias p«ist;ve:erl, aud succeeded in the face of rnaoy and great c ifhculties in provirg the worch of tbe properties under h s chaige Messrs Martin Trainor, W Lyon, and .T Nirul, who are bringicg in a race from Long Gully for bhe purpose of working a claim iv the Shotover River, are making good progrtsa with the work. Although the rrtre is no' a long on?, bein? only about a ii.ile and a-half, the undertaking is sn aiduous one. By far tue greater part lies along an nliKost perpenaic -lav biuff of ro 'k, wh eh has baffled many other parties who entertained thoughts of taking the work in hand.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18980324.2.51.4

Bibliographic details

Otago Witness, Issue 2299, 24 March 1898, Page 20

Word Count
397

Notes from Wakatipu. (From Our Own Correspondent.) Arrowtown, March 19 Otago Witness, Issue 2299, 24 March 1898, Page 20

Notes from Wakatipu. (From Our Own Correspondent.) Arrowtown, March 19 Otago Witness, Issue 2299, 24 March 1898, Page 20

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