NEW RIVER RUSH.

West Coast Times, Issue 364, 22 November 1866, Page 2

NEW RIVER RUSH.

(FROM THE GREY RIVER ARGUS CORRESPONDENT.)

Mining matters in this district have in a great measure been stopped through the inclement weather, with the exception of those who have the advantage of being underground. On this lead things look pretty fair despite all drawbacks. From the extreme north end the claims are generally washing up, a few of them having nothing else to do, as they are pietty well worked out. In Law's claim two shares were sold at LlO5 and LlO7 10s cash, to some of the original claimholders. They have been washing up this week in the Cornisliman's claim, but I have not heard the results yet, as they have not had their gold smelted ; however, T believe the claim has retained its good uatne. In the Rise and Shine claim a change has taken place, the shareholders being nearly all new : but from all I can learn the metal is not there, it being only an outsider, but they are going to try another part of the ground. The claims adjoining are all paying liandsomely, Macgregor'h, Deggan's, Autonie's, being all classed as Al, and fully realising the most sanguine expectations of the shareholders. The owners of the block claim have got all their washdirt to the top, and will at once commence washing. In " Yank's " claim a share was sold for Ll5O, after sharing a goodly dividend. In "Fred the German's " claim they have bottomed another shaft at the extreme end of the claim, with about 15 inches of washdirt and prospects varying from £ to 1J dwts. to the dish. A little water prevents them from working just at the present time. There is a law suit ponding in connection with No. 1 Race, which will either rise or reduce the value of shares in this immediate spot. In the claims below there is one bottomed with a prospect of 2 dwts. 6 grains. Shares in this claim are valued at L2OO. The Greeks are sinking a third shaft, having been driven out of the second by water. The Jew's claim, in which they are still driving, has come on nothing payable as yet. No 2 Race has been taken up again, and preparations are being made for thoroughly testing the ground. I have no doubt as to the result, as a lead so rich will not run out so soon where there is a proper defined range all along the coast to the New River. From here the only parties at work are the prospectors, near the New River, who have cut a race for themselves, having got a payable prospect. In the out-lying districts they are all plodding along, every one keeping out of the storekeepers books. In the neighborhood of Brighton Gully they are all going on steadily, the great drawback up to this time is the want of water. At the deep sinking things are moving along slowly. Another tunnel has been driven on to good gold, but the depth of water greatly retards the development of this lead. There are

already about 150 men on the ground, all actively engaged getting the timber ready for sinking. Here the water has reigned supreme, but when the tunnels are completed I have no doubt they will drain the ground, and the men I spoke to seemed to be sanguine of the ultimate result. All tne outer diggings are going along quietly. From the beach there is nothing new.