KAPAI-VERMONT.

Thames Advertiser, Volume XXVI, Issue 8087, 1 April 1895, Page 3

KAPAI-VERMONT.

Auckland, March 30. Tho ICapai-Veimont Co. crushed during tho month 363 t< ns of ore, yielding GOlczs of melted gold, with about 30i Z3 more to como, WELCOME FIND. The Welcome Find, ou area ol ground situated north of the Ilauraki Co.'s property at Coromandel, on tho strike of tho Hauraki'a rich reefs, wan floated into a syndicate this morning of 35 shares. Tweity-five were sold at £100 each, the vendors retaining 10 share?, and the sum realised (£2500) goes for the development of tho miuo. lIAURAKI. The phenomenal success which ha? amended operations in tho Haurak 1 mine still continue l , or rather improves, as work progresses. During the past week very rich gdden ore Jibs l:een coming to hand at each breaking down at the 100 ft level, and there is every [respect of it continuing for a long time to cuce. There is gold above, btlow, ar.d all around, and tho spectacle is something really magnificent and has seldom been equalled, and I believe never excclhcl in tho nnnals of gold-mining in this o lony. Tho run of gold has been proved for marly 200 feet along the line of the lode, and does m/t show the least ei|»n of tapering off. Tho main shaft is now down 50 feet below the 100 ft level, and at the same rate of progress within a week or ten days it fhould I e down tho distance at which it is intended to o[en out from. During the post throe wioks about 40 tons of genera] crushing malorial and a ton of specimens have boon treated at the Kapanga ba'tery for the magnificent return of 5500czs (.f melted gold.