Gold on the Foreshore.

Thames Star, Volume VIII, Issue 1907, 12 February 1875, Page 2

Gold on the Foreshore.

A discovery was made yesterday by the men employed at the Goods "Wharf extension which favours the theory entertained by many during the early days of* the field—namely, that gold deposits would be found under the foreshore, and even out io the main channel of the Gulf. The extension of the wharf now reaches over 600 feet; the first erection was something; over 800 feet—so that now the structure extends more than fifteen' hundred feet below high water marl:. As we ;are informed, a layer of black sand has been carried right out as the -extension, proceeded. Yesterday, embedded in the mud and in this sand, was found a boulder, similar in appearance to many which were found in the Creeks. .Cv the black sand were noticed flakey"specs of gold.' Some of the wash was carried away in order to be tested by careful washing, but w© have been unable to learn with what | result. The specs of the precious metal were sufficiently large to attract attention; the black sand is inmany parts pregnant with gold, especially-oia-the - "We»t-,Coast. Without exciting expectations which nijiy not be realised, we look upon this discovery as important, and it may happen that ere long the foreshore-of the Thames will become valuable for its auriferous resources 1,-, and once ,niore invite'the investment of capital for their development. The difficulty - which I formerly existed, having been removed, every encouragement ought to be given to any-one, or any company that would undertake the sinking of a prospecting shaft.