THE PERSEVERANCE AND DECIMAL MINES.

Colonist, Volume XVI, Issue 1643, 17 June 1873, Page 3

THE PERSEVERANCE AND DECIMAL MINES.

To the Editor of the Colonist.

Sib, —The show of gold and quartz now in Messrs. Buxton's window, brought over last week from the Decimal, is very refreshing, more particularly as the returns from the Perseverance mine have groatly fallen off. Considering that the Decimal is a next door neighbor, that thn division is so fine as hardly to be discornable, now is a fit and proper time for the Decimal Company to make an eligible offer for the rental of the Perseverance. The stone brought over is precisely the same as sent from the Perseverance lately, clearly proving that a payable reef is there, and that the m na is right, the fault being in the style or manner of development. The large amount of gold already procured from the claim proves a grt'ab fact, strongly and corroboratively borne out by the Decimal, i.e., next claim.

As the Decimal has worked so successfully and with so little expensecompared with the Perseverance, the Directors should rent the Perseverance. With two or three batteries on the grjund, two of them workable, what could be more advantageous, more eligible, or more propitious. The Perseverance is not m a position to purchase the Duciaial, nor the Decimal to buy the Perseverance, because there is no money in the fiwt rase, and in the latter too many shareholders to contend with—4ooo shareholder are no joke. Kent, rent the mine.

Collingwood in proving itself auriferous and valuable in every mineral sense, let us hope that a future is dawning upon us hitherto obscured by the usual mining difficulties applicable to an undeveloped country. Hoping you will ventilate the within notions, —I am, &c,

H. J. L. Augabde, Trafalgar-street, June 16,1873.