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THE EXCHANGE.

The Corner was all alive this morning at an early much earlier than usual. On enquiry* I found that it was rumoured that the Exchange Company had struck gold in their mine. lat onco went to see, and found that the rumour was correct, the night shift having come across a lode from. which some very good bold specimens were knocked out. I also saw gold in the face of the vein. The lode was met with in the main cross course about 480ffc. from the ehaft. The crushing stuff will be about' 9in. to a foot in thickness; the stone has all the appearance of that from the Crown Prince, and is heavily; impregnated with'base metal, and should it hold will run 800 feefc through the Exchange ground, and from present appearances, also from the look of the country, it is strong enough to do so. The footwall is gritty, and I believe .it is intended to drive into it. This discovery of gold is of great importance to the Thames, as it connects the chain of goldbearing country between the Queen of Beauty and Crown Prince.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS18740722.2.9.5

Bibliographic details

Thames Star, Volume IIII, Issue 1732, 22 July 1874, Page 2

Word Count
190

THE EXCHANGE. Thames Star, Volume IIII, Issue 1732, 22 July 1874, Page 2

THE EXCHANGE. Thames Star, Volume IIII, Issue 1732, 22 July 1874, Page 2

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