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Application por Main Tail Rack District of Duns tan, Cromwell, 22nd Not. 1873. To the Warden at Cromwell. We, the undersigned, being a majority in number of persona from whose claims water or tailings flow to a common outlet at Kawaran River, hereby make application for a Main Tail Race, commencing at the head of Smith’s Gully and terminating at the Kawaran River. And we declare the following particulars to bo true in every respect:— The length of such race is about seven miles. The average depth is two feei The average width is ten feet. Owen O'Neill Jas, Taylor, Garrick Co. John P. SmiddY Charles Koch Frederick Jelly Hknrich Behrens Henry Burrows William Burrows Peter Wilson Lars Petersen. N.B. Objections to the above application must be lodged with the Warden within thirty days from the date hereof. B. R. BAIRD, pro Warden.

p 0 R SALE. One THIRD SHARE in RACE ond CLAIJ| at Kawarau Gorge.—Apply to 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: Mr Robert M ‘Dougalb, Cardrona Mr Alfred Austin, Cardrona Mr Thomas A. Russell Mr George B. Bond Mr Charles Austin Mr Owen Mackin. The National Bank op New Zealand, D, MacKELLAR. Bankers : Cardrona.

Thia Company ia 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 grant on record, and the auriferous nature of the Cardrona Creek is too well known for even the most sceptical to have n 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 COO paid-up shares for surrendering their rights to us for tho purpose of forming a Company. Immediately one half of the shares are subscribed for, a meeting of the shareholders will ba called to elect directors. Applications for information and shares can be made to Mr Robert M‘Dow all, Arrowtown, and Mr Owen Mackin, Cardrona. Agent for Cromwell : C. Colclough.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CROMARG18731209.2.19.3

Bibliographic details

Cromwell Argus, Volume V, Issue 213, 9 December 1873, Page 6

Word Count
626

Page 6 Advertisements Column 3 Cromwell Argus, Volume V, Issue 213, 9 December 1873, Page 6

Page 6 Advertisements Column 3 Cromwell Argus, Volume V, Issue 213, 9 December 1873, Page 6

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