GOLDMINING PROSPECTS

Taranaki Daily News, 3 December 1930, Page 4

GOLDMINING PROSPECTS

C NION OF GEOLOGIST. IDEA OF BOOM DEPRECATED, . That thorough prospecting was necessary if there wap to be a revival of goldmining in the South Island, was the opinion expressed by Professor R. Speight, of Canterbury College, when a statement by the Minister of Mines, the Hon. A. J. Murdoch, that there was a possibility of a boom starting in the South, was referred to him. Professor Speight deprecated, the ■ idea of ..a boom, .as a boom, he said, would have to burst. Op the West Coast there were areas that might repay investigation, but the country was extremely ditficult and only experienced men could undertake prospecting there, In the gra J ite country near Reefton there mig i cert?in prospects of obtaining g . payable quantities, and the old 01 ' iims which were abandoned owing to the. lack of suitable machinery could posgibly be opened arid extensions • Ju some parts of Otago, too, there was t o bZ found and, with dredges powerful than had been used mt b e past, it could be go.t in certain Kawathe Clutha, the Slwtover and the Kawa Speight said he could definitely whether or not there weie nnv chances of a large output of gold bein« obtained in the South, but he emphasised the importance of steady and scientific prospecting. Isolated borhm he said, was in most cases fallacious, for’either gold was obtained-from only X piece of ground, which was not similar to the area surrounding it, or the area containing gold w»s not