THE URAL.

Thames Star, Volume VI, Issue 1776, 11 September 1874, Page 2

THE URAL.

The Ural, or old Hand and Band Company, have had their ground re-surveyed. It was decided to clear out the old shaft facing the Governor Bdwen Hotel, which has now been done. The shaft is a centred one, and when cleaned vus was found to be quite sound and workable, the timbers being good to within six feet of the bottom. The immediate future intention of the company is to open out in the shaft about ninety feet from the surface, and drive into the hill towards the old St. Lawrence clai m. There are several known reefs in that direction, and that part of the spur has never yet been anything like properly prospected. The many gold-bearing stringen worked some years since in the St. Lawrence and other claims have never yet been properly traced. The ninety-feet level in the Ural will probably do so. In olden times there were many lodes bearing towards this piece of ground that gave rich returns, the price of carting and crushing in those times precluding the possibility of moderately rich reefs being worked. As times are now altered, if such reefs should be again met with, they will be, as times go, worked with a profit. I must say I was in hopes the new company would have open«d out a level at the greatest depth of the shaft, and try the country under the road bearing towards the Crown Prince. Perhaps that is left for future operations; at all events the Ural Company have a piece of ground in hand, that very little more than surface scratching has been done to, and it lies in a good neighbourhood.