Page 6 Advertisements Column 1

Cromwell Argus, Volume IV, Issue 208, 4 November 1873, Page 6

ROSPECTUS CARDRONA VALLEY GREAT EXTENDED GOLD MINING COMPANY. To be Registered under the Mining Companies Limited Liability Act. Capital, £SOOO, in shares of £1 each. Two shillings and sixpence per share to be paid on application, and two shillings and sixpence on allotment, and the remainder in calls of not more than two shillings and sixpence. Provisional Directors t Mr Robert M'Dougall, Carclrona Mr Alfred Austin, Cardrona Mr Thomas A. Russell Mr George B. Bond Mr Charles Austin Mr Owen Mackin. BANKKR3: The National Bask of New Zealand, Cardrona. This Company is formed for the purpose of following up the auriferous continuation of the Cardrona Deep Lead. A deed is now in course of preparation by the Government (see Warden's letter) in favour of Messrs Mackin and Bond, conveying to them a special grant of one mile of the Cardrona Creek at Spott's Creek, about six miles south of Albertown, and about ten miles north of the present Cardrona township. It is scarcely necessary to mention that it is the largest mining gr.uit on record, and the auriferous nature of the Cardrona Creek is too well known for even the most sceptical to have a doubt of the favourable results of the company. It is well known that rich deposits were found in tributary gullies falling into the main Cardrona Creek where Messrs Mackin and Bond's grant is, and it is equally well known that gold was discovered at the head of their grant, and could be worked to advantage but for the want of capital by the prospectors. It is also worthy of remark that gold can be found on both sides of the range along the course of the Cardrona Valley to Albertown. Again, reverting to the auriferous nature of the Cardrona Creek, the Escort returns will dispel any doubt that may arise on the present and future prospects of the Cardrona gold-field. The Provisional Directors are of the opinion that not more than seven shillings and sixpence per share will be required, as they are impressed with the belief that the ground is not more than 15 feet deep. And by cutting the valley flat across, along with the aid of a tail race, so as to effectually drain the ground, they are confident of a successful issue. Messrs Mackin and Bond were at considerable expense for survey and other outlay in inducing the Government to grant their application. Therefore, they claim jointly 600 paid-up shares for surrendering their rights to us for the purpose of forming a Company. Immediately one half of the shares are subscribed for, a meeting of the shareholders will be called to elect directors. Applications for information and shares can be made to Mr Robert M'Dougall, ; Arrowtown, and 1 Mr Owen Mackin, Cardrona, STUART'S "DANNOCKBURN FERRY COALPIT. J. STUART, having opened out the seam of Coal previously worked by Messrs Nicholas and Co., has to announce to the public that he is prepared to supply COAL at reasonable prices to any part of the district. The Coal is known to be of first-class quality ; and as the pit is in good working order, customers may depend upon a regular supply.