TAIRUA.

Thames Advertiser, Volume VIII, Issue 2123, 17 August 1875, Page 3

TAIRUA.

(FBOM OUB OWtf COBBESPONDENT.)

Newsviue, Saturday, The Eldorado Company commenced work tho other day under tbo management of Mr Craighead, but so far very little progress has been made in developing the reef, in consequent of certain preliminary work Laving to bo performed oro a. fair start could be made. However, a few feet of the reef was stripped up to last night. The nature of the reef has considerably changed. It appeared to be dissolved by the action of the creek, which not only affects the compactness, but itsquality for the prospects obt-ined yesterday were not nearly so good as on former visits. The manager, however, intends pushing forward tho drive under the bed of the creek, and it is probable that when solid ground is reached a lolum of the spleHdid prospects they have hitherto had may fall to their lot.

The Band of Hopo Company have mado a fair, start with tho tunnel, and solid ground has been in the faco for several feet. A body of quartz resembling very much a lode has just begun to make in the floor of the drive, but what it is, can hardly yet be known. A few feet more driving will enable the manager to form some idea of what it is, and as soon as tbis can be done, your readers will have the result. Some surprise is expressed at the manager going so far away from the place whero he found what is supposed to be the Eldorado reef, but those acquainted with tho ground approve of his action, inasmuch as tho placo whore tho cap of the lode was found is flat and damp, and might perhaps be troublesome to sink, whereas the site of the tunnel is further north, where tho ground descends, and is better adaptod for tunnelling. This tunnel will prospect the ground thoroughly, travelling, as it does, from the eastern to the western boundary, and is sure not only to secure the reef already known of, but any parallel loans which may exist in the company's ground. . The National Company's low tunnel is in fully feet, and the ground all along is of a splendid working character. There are a few veins making in the face, and their underlie is towards the main lode. The class of stone in these veins is very similar to what is seen in the main or Ajax lodo, and as each yields golden prospects, tho manager thinks that tho reef is very close to hand.'

The Troy manager's time has been occupied in trenching across the spur adjacont to the National Company's boundary, and has accomplished over 200 feet, but so far ho has not succeeded in uncovering anything except a number'of voins which he reports contain a little gold. Further prospecting will bo carried'on, and the company must eventually succeed ia finding some of the largo reefs that trend through tho adjacent company's ground. Tho show of gold visible _in black bouldors at tho Consolation claim has induced many men to go out prospecting in the numerous small creeks which fall into tho main rtoer. It is expected that should anyone ho fortunato enough to find the reof from which they came, a good payable body of stone will be tho result.

A new track from Puriri has recently been discovered, which avoids tho steep ascent abovo liowlcy's. It starts up the burnt spur from behind McClery's store, and joins tho old track close to tho water holes, It. is a gentle ascent, and may perhaps be a trifle longer in the distance, but it is much more comfortablo than tho first portion of the old track. In striking into it to-day in going down to Puriri, 15 to 20 took an old gum track which led them into tho bush, and tbey wero for hour 3 endeavouring to get out. Others jumped into the creek, and ran it down to Puriri, There woro six of these, and tho four hours which tlioy spent in wading and struggling through tho bush alongsido steep falls, they won't forgot for somo time.