Article image
Article image

Prospectus. If yc require any information re coat of plant of different clashes and powers, I shall We glad to furnish th^ same if so requested. I remain, ynnrs faithfully, R. KAY, M. Inst. C.B, Invercargill. 13th December, 18«9. J. P. Sprimi, JSsq., Secretary, Bush Point Dredging Company, Limited Dear Sir, — In accordance with yonr instructions I nave visited tke claim at Bushy Point on six different occasions during the past three months, thoroughly prospected same, and now beg to submit the following report : — Before referring to the prospeotintj just completed, I may here say that the Bushy Poi t Bea^h is well known to me during the pa t twenty-two years as one of the richest goldbeaiiug sea beaches in New Zsaland. 1 was | engaged on the same ground wirh many other : miners as far back as 18(57 or 1868. All made good wages, and some very considerable i amounts, with the primitive appliances thrn in vogue; but wo could only work, com ['aratively, ! the Er>rf«c*, the watT preve- ting us going any depth) aml we had to carry the washdirt in barrows to the lagoon at back, a distance of about four chains, where the washing and saving was dooe. The sea CODet ntly bring. ng in freah material enabled aa to woik the ground ov<r and over again — indeed, the beach has nev< r been abandoned, and at the present tune some four or five miners are making goud wages working in the above way described, and which is terme'l " beach-combing." As already stated th ■» presence of water prevented work at any depth, and it k, I think, only necessary to prove the existence of the goldbearing strata in the solid ground below te assure the property being » valuable one. Wi h this view I commenced prospecting the ground by means of tubes some twenty feet long and a force pump, an t am p'easi-d to be abl« to state that the result fully justified my ! opinion that the grouud would pay nan lsomely : for dredging purposes. I found the pr^g^nce of gold to a deptu of fifteen feet, right through the stuff The app. Lances in dm would not act at a greater repth, but I am convin. ei that the gold seams ex<st lower down — indeed, that richer washdirt w.ll be found *t a lower depth, as indications p int to this ; and when we consider the sei has for c« turies been continually depositing this golden material, no other theo y is tenable I washed np several loids of staff taken from various depths and found that th pre ions mettl varied from foir grains to iwecty-t»o H amato t ; e load. These i>rospncts were taken ' from various pla es and a' rirTcpnt depf.e, and I h.ve no he-ita'ion in spying that the average yield w u.'d be considerably nver the smaller figure ; but even mpi-o.^ing tbe returns : did not exceed f«u- grains, the wonld ' ne a mo-t pr .fit.ble one and give handsome , profits on a ca ital o\ say, LBOOO, as the following fi.urts wul how: -i d'e^gn lifting | 40 tons an hour wou d put througi <K0 tons a I day, or 57» 0 tona per w-ek, which 4 grains to the ton would yield 23.U40 grains, or ab-.ut 48 ounces of retorte i gol.t. valued at say, Llßo sterung fi.r a week's w. rk, and an one and a j half grair.s to t e load would cover all working ! expense, this would le^v 8 a net profit of LllO j per week, or i-4>oo a year of forv working ! weeks. But the facilities for working are so I ex epiionally good that the rxiv n-es, I am of i opinion would be much lower thin those | genertlly c .nnfctrd with d edging ; and the cla.mhas tne great a vantage of being quite tree :rom Msk of fl >od* aud htorms, w ich often interrupt operation- in river cU ms, to say notningtothfigre.»t >is!c of damage to plant. The timber for C"n-«trucung the dredg ran be obtained from the sawmills on the Mitaura (tiver clos' b ', and goods of all dea ription landed at the bend of the rivtr by the Kakanni or other coastal steamers. Oa the rior.ti r-ide of the lagoon there is a large bmb reserve, with abundance of all sorts of timber for fuel — manuka, blsck pine, totara and other pines. The Mataur* River is two miles distant from the lagoon, with which it is connected by a good read. In conclusion I can hafe )y sav th*t I consider tht property a valuable one, and will well repay the outlay required to work it profitably — I remain, yours faithfully, j2l THOMAS GILLIES. Public \otices U I 8 B I N G FBIENDB Ramsay, James— Angus Sinclair will be glad to hear something of his old schoolma a. Address at the oflice of this paper. jlB ALM4. COTTAGE, Lkbt Street MISS HEARK desires to intimate that she will resume Masic teaching on Tuesday, January 21st. yIQ rpO BLACKSMITHS BRUNNBR NUTS. A SHIPMENT of Double- Screened Brunner Nuts exuected in a few daye. Orders for truck lots now being bo >ked, jl6 NICHOL BROS. JOHN O'HALLOKAN, Solb Aobnt For TIIK KAITAXU4TA GOAL, LIDDEL BTREBT, IHVIRCARGILL. Tne K"ATTANG.VTA COAL is the favorite '• Household Coal," and orders for delivery to any part of the Town and Suburbs w.ll have prompt attention. j 15 T> H. BATTRAY * BARRTST W.R AND SOLICITOR, Ebk Str kt, Invbroabgill. Having decided to return to Victoria. I have this day sold my interest in the firnfof Fi^nand Rattray, Solicitors, to my late partner Mr R H Ratt ay, by »h>m the bnsinecs will bft carried on at mv 1 ite offices, Esk street, Invercargill, as h ret.^fore. Dated at Icvercargill this 13th January, 1890. j IT P.T.FINN. (CAMPBELL, V*_^ / T p^~Photo. Artist, i TAY STREET. EXHIBITION AWARDS: OHnifTcHURCH ... Ist Order of Merit, and Medal DrNKßiw Ist Order of Invim caeuill ... Ist Order of Merit. London Certificate and Medal. Ryhnky Cenificate and Medal. WE ARK CASH 'BUYERS of PRIME SACON PIGB. P. A YYWBR 4 CO., 8a Bjfti Bush. ,

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST18900121.2.28.5

Bibliographic details

Southland Times, Issue 11362, 21 January 1890, Page 3

Word Count
1,023

Page 3 Advertisements Column 5 Southland Times, Issue 11362, 21 January 1890, Page 3

Page 3 Advertisements Column 5 Southland Times, Issue 11362, 21 January 1890, Page 3