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CARRICK RANGE.

The manager of the Elizabeth company reports that crushing operations have been continued without any stoppage, and the wash-ing-up will take place about the end of the week. Efforts are being made to open up the reef for a further extension of operations by testing it to a greater depth. The Star of the East crushing last week turned out very poor indeed, even poorer than was expected. The result of 300 tons was only 102oz. 6dwts., being rather less than 7dwts. to the ton. No reef has as yet been struck in the lower tunnel; it is now in a distance of about 260 feet. The legal Manager of the Heart of Oak regrets to say that he was misled by a false report last week, about the reef being struck in the claim. It appears that the report was spread by one of the workmen employed in the drive. The bar which he came across certainly looked very like a reef, but it unfortunately turned out not to be one. The legal manager was led to pay more attention to the report from the fact that between 50 and 100 shares changed hands the same day that it reached him, the buyers in every case being miners resident almost on the ground, and who made no secret that they were buying upon the strength of the reef being struck. The Star and Oak battery, is now engaged upon stone from the Oak ; it has been obtained, of course, from the old workings. There is nothing of interest to report from any of the other claims on the hill this week.

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https://paperspast.natlib.govt.nz/newspapers/CROMARG18731021.2.10

Bibliographic details

Cromwell Argus, Volume IV, Issue 206, 21 October 1873, Page 5

Word Count
274

CARRICK RANGE. Cromwell Argus, Volume IV, Issue 206, 21 October 1873, Page 5

CARRICK RANGE. Cromwell Argus, Volume IV, Issue 206, 21 October 1873, Page 5

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