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MINERAL DISCOVERY AT GOLDEN BAY.

By the nature of, the Government Analyst's report and the granting of a small GoveVriment subsidy to assist in further development, the prospectors (Messrs Ryan and party) have' boen.oncouraged to further efforts in finding out the true-value of a reef which.they have been tracing. Tho reef (according to information supplied to the "Golden Bay Times") is situated on Mount Richards, 3500 ft above sea kirel, and distajit from Takaka about 7 miles in a direct'line. The lode, varies from 80ft to 100 ft in widr'i, is well mineralised, and-carries p'ir./ipally gold, silver, and co"]i"!-. Tho outcrop of the reef, on the c, ■■: ..-;i of ti;-.-' nil! is 40ft high, lying'in avn.-r^Mtly s-..:!:J country, with a nortli and ,s.-:.;:h *.!ri •■• c ;-.n. '.; i'lo prospectors aver thi'.t (:]■••■ haM- faced the wutcro-p for over 5 i. :■• •, •' :■! at present they Mre continviiin; r'i.,.i:v Golden Bay. The tracing of f;- r ■■'■'■ lias boon <'.ar!-iod out'under cl-~:\>■'•<:''■' .. ii' ; - Jiardsbip and privation, c:i_K'!■;,:>!> (]•<:. ■• ing last winter, the men having i--> f;i' their way through dense bnv's ;•".*] s".idorsc.riib," in all about 7 mih's oi v;::rU. having been made at t!;cir <y:-n (:..: H.owe\-er, a>s mentioned abov\ t:u>. Covernmont has now Com" to the. r-'iscne and assisted the party with a. smiill subsidy. .

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TC19160419.2.45

Bibliographic details

Colonist, Volume LVII, Issue 14156, 19 April 1916, Page 7

Word Count
208

MINERAL DISCOVERY AT GOLDEN BAY. Colonist, Volume LVII, Issue 14156, 19 April 1916, Page 7

MINERAL DISCOVERY AT GOLDEN BAY. Colonist, Volume LVII, Issue 14156, 19 April 1916, Page 7