A RICH DISCOVERY.

Taranaki Herald, Volume LIX, Issue 143451, 11 March 1911, Page 7

A RICH DISCOVERY.

COPPER, GOLD, AND SILVER. On two occasions within the lust few days (says tho .Sydney Morning Herald ol February It,; reicronce lias been made to the discovery oi a rich sil. er-leuu-copper-guid lormation at Altglo, on the Mount Wells station, beiw-ea Linda and Bigga, about til miles distant hum Crookweu. The inlommtlon was to the effect that a quartz-capped formation had been opened up by some experienced silverload miners, and ihar rough assays showed that the ore was exceedingly rich in silver, besides carrying a higa percentage' ol copper and good valuta in gold and lead. It was further stated that the lode had been traced for two miles, and that the country had been pegged north and south for several miles. Information has now come to hand that samples of the ore treated by competent Sydney assayists ranged from 871oa. to IhoOoz. ot silver; from Idwt. 17gr. to 4oz. ol gold; from i'J per cent, to 15 per cent, ol copper; and from 16 per cent, to 56 per cent, of lead. It is stat'd that the discovery was made by .some experienced silver-lead minors, and that cm February 7 they made their application, thus gning them power to star,, operations. Within a week from that date they had broken aml bagged 5 lons of ore, cleared a bullock track six miles through (he forest, and sent the ore to the Cockle Creek Smelting Works, The pared reached those works two or three days ago, and will bo sampled during the current week. It tho expectation."; of the discoveries are realised as regards the sampling of this parcel, the result will he a record before which Broken Hill and Yerranderio will pale into insignilioanee.