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SUPPOSED GOLD REEF.

DISCOVERY AT ROTORUA ASSAY NOT ENCOURAGING. By Telegraph—Press Association. Wellington, Sept. .4. Recently publicity was given to the fact that a quartz reef, supposed to be gold-bearing, had been discovered in the Rotorua district, somewhere in the vicinity of Mount Edgecombe. Hopes were entertained that the find might prove a valuable one and a specimen of the quartz has now been examined by assayers and it is stated that the sample submitted by the prospectors showed no trace of gold. Specimens taken by officials of the Mines Department showed the reef to be gold-bearing, but only to the value of 20s a ton, which would not be at all a payable proposition. It is understood that the prospectors have been advised to put in cross-drives and when these are finished the Government experts will take further samples from the reef.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19240925.2.80

Bibliographic details

Taranaki Daily News, 25 September 1924, Page 6

Word Count
143

SUPPOSED GOLD REEF. Taranaki Daily News, 25 September 1924, Page 6

SUPPOSED GOLD REEF. Taranaki Daily News, 25 September 1924, Page 6

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