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THE STEWART ISLAND PROPRIETARY TIN MINES' SYNDICATE.

Operations are being actively carried on hs the Stewart Island Proprietary Tin Mines' Syndicate under the management of Mr J. H. Dennis, on the properties acquired by the syndicate at Port Pegasus. The tunnel at ■the south end of the leases started about 12 years ago, has been cleaned out and securely timbered, and driving the same is being continued to cut the lode at a depth. Good prospects of tin have been obtained along the cap of the lode,, -which, on the surface, varies from 60ft to 100 ft wide ; and if the values continue at a depth it should pro\-e a source of j^-ealth to the shareholders, and give a decided impetus to mining on the island, where, for many years, several men have been sluicing the stream tin with beneficial results. *

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19040615.2.129

Bibliographic details

Otago Witness, Issue 2622, 15 June 1904, Page 26

Word Count
141

THE STEWART ISLAND PROPRIETARY TIN MINES' SYNDICATE. Otago Witness, Issue 2622, 15 June 1904, Page 26

THE STEWART ISLAND PROPRIETARY TIN MINES' SYNDICATE. Otago Witness, Issue 2622, 15 June 1904, Page 26