TAIRUA OPALS, LTD.

Observer, Volume XXXIII, Issue 4, 5 October 1912, Page 9

TAIRUA OPALS, LTD.

The amazing richness of the Tairua opal fields is now being better understood by the public, and the formation of Tairua Opals, Limited, gives the needed opportunity for working the deposits which for magnificence have not been surpassed in Australia, and, indeed, can be hardly eqxialled in the world. Intending investors are asked to carefully peruse the report of Mr McArthur, a mining engineer and geologist of high repute, who has stated his belief in the very high value of the field, and given high encouragement to those interested. On every hand New Zealanders are being forced to the conclusion that her mineral wealth is magnificent, and in recognising this, they should also recognise tliat it their duty not to alienate this wealth. So great a mass of opalescent ore is available by Tairua Opals, Ltd., that it will be possible to use this beautiful substance for articles of size—and not to confine its use to jewellery. Local exhibitions of specimens show that the stone is of rare beaxity, alive with a rare radiance. Since the advertisement of an issue of 12,500 shares (£1 each, 5s on application, 2s 6d on allotment, and the balance in 2s 6d calls, or less) there has been a rush for them. The company has the brightest of prospects, and there should be no difficulty in the disposal of those shares still available for allotment.