THE BULLFINCH MINE.

Taranaki Herald, Volume LVIII, Issue 14346, 26 October 1910, Page 3

THE BULLFINCH MINE.

ENORMOUS RETURNS. 400 OUNCES TO THE TON. By Electric Telegraph.—Copyright. PERTH, Oct. 25. Dirt front tho winze at tho bottom level of tho Bullfinch mine assays up to 400 ounces to the ton. The country has been pegged from tho Bullfinch to beyond the Southern Cross, over 30 miles. The values of properties outside tho Bullfinch nro still purely speculative, and only light prospecting work is being done. Tho Minister of Mines and other authorities have issued a warning against wild speculation until tho field has been properly tried. STOCK EXCHANGE EXCITED. SYDNEY, Oct. 25. Tho Stock Exchange is wildly excited over the Bullfinch find. A new company was formed this morning to work tho block adjoining the Bullfinch. Shares allotted at five shillings quickly rose to ten shillinggs. Later the speculators cooled off, and they dropped to seven shillings. It is many years since there was such excitement. ' HALF A MILLION OFFERED FOR THE MINE. (Received Oct. 26, 6.55 a.m.) PERTH, Oct. 26. An offer for half a million cash for twelve hours’ option over the Bullfinch mine lias been made on behalf of a Victorian syndicate and declined. Another rich find is reported at Binduli, five miles from Knigoorlic. Details are meagre, but a rush has started.