Page 3 Advertisements Column 4

Dominion, Volume 6, Issue 1564, 7 October 1912, Page 3

ABRIDGED PROSPECTUS OF .< . Limited. (TO BE INCORPORATED.) CAPITAL ... £1000, in 16,000 Shares of ss. each. fid niv 0 ! 1 ) U ' m Sh '^- S ni '° nmv ufl 'ci'ed for Subscription on the following terms: cailiPnV t l a }'l >hcaliu »; ''J. Per share- on allotment; and the balance in oi not more than Gel. per sharo at intervals of not less than one month. Provisional Directors; TniPv r'm,? H - ANIFY . Wellington, Civil Engineer. •{pttN fc-EIR; Wellington, Forwarding Agent. JOSEPH ALBERT TRIPE, Wellington, Solicitor. Solicitors: Messrs. TOUXG AXD TRIPE, Grey Street, Wellington. SIR. J. J. MOLONY, Westport. Secretary: • MR. J. LUSH, 27 Vnnama Street, Wellington. Brokers: Messrs. WILLIAM H. TURXBULL AND CO., Wellington. minlllf C?l3 h °f th ? , Colu l' anv nro tuacqniro from MR. EROL BLAKE all his connrT-i™ mi , ™ 1 , P , ""'' situated at Seatonville, on the Mokihinni River, % J,™ °7., V "j lou(lt,(1 fHinrtx claim of f> acres; (2) special quartz claim of site. (e\ ' ■ ™ t , cr ,™M. 6 heads; (D special site (machine site); (5) residence. Creek S " Oe " (baHe °" site) 5 acrc * <7) wntcr race for 20 from Maori ten- Z w- S 3 nn u K arp nmv iu ". se fflr driving a two.stamp mill which is available "I asking all stone mined in the present development operations. Items G w U, "i'° .secureil. rißhts for tho erection and power supply of the larger mill Mr TNI 1S a " tlcl P ate , ll will be required to work the property on a large scale. nnrtnr.it m , party hnvp <lono a considerable amount of work, and most imSnn'ni' fl . IoKltf,(I "■ inrge reef 18 feet in width carrying gold. Hulk Assav n?r fo \n t I' S - r,l " se fro,n 8s - to I2s - pe, ' tOR ™ fooi - '" ou f;|le ca I> of fho per ton 50 fee. in on the cap of the reef, while samples of the quartz in which gold was visible went a.s high as Sosss. 2dwts. 17grs. The scope of the present company is to prove and test this large ore body as well as further prospect Vr Jpil(l "s *> - om which exceptionally high gold values have boon obtained. pvS ?' "T F ' T (X - Z - ) '""' •'• Bowie Wilsnn <S.«'»'y). J'i'unff Engineers have fonm < • re P° l-,,<,( l favourably and recommend the expenditure of sonio i-uuu on certain specified lines which it is now proposed to earn- tut. The Tes'lit anticipated is Iliat a valuable property will be disclosed, "and subscribers «i, n i PD !v " luu ,4 somo Profit by way of sale to a larger working company. The Mil nil battery which cost over JilfiOO to put iu position, is of great value," as the i-onipauy will be enabled (o get actuol battory results fronj all stono mined, and «itmii two months of starting operations there should be a steady gold return. jiiesM-s. i-ry and Wilnn's reports indicate Hie valuable nature of "the field. Mr. i V r ? IM Vi? i ou '" Q "' Zea lf»'l i= too well linowii to require comment Mr. .'. liow-ie Wilson is an Australian engineer, a member of both the Australian ami American Institute of Mining Engineer*, and a member of the Institute ci ivune .Managers.. Recently he was relieving lecturer on Mining and Geology J'Hivoi-sity. and is n-ni- practising ill Sydney. > LXrRACTS FROM REPORTS:-irr. Fry rccommemls : -"Sinking on the Big am to prove size and valfles going down, for if there be 'n reasonable proportion .01 it as wide as it is at present it would Pay well on an average, of half an ounce to the ton. There need be no dismay at its pinching out for it is nearly certain to .make again and again. The ore body of the Big River near Reefton (a'highlv successful mum) shows just such irregular feautres. Therefore I am satisfied ft is a good prospecting venture well worthy of the expenditure of .£2OOO or X 2500." i ji l ll S:, J" S:— "I would recommend tliat the present drive be extended 100 yleet, and then be sunk on. I look upon this as the most important work to be done, as although tho present values obtainable here are not as high as in the smaller makes of stone, still any discovery on account of this large body of stone would make the property a very valuable one. Some work should be dene on tho rich leader exposed below the Big Reef. The stone recovered" should, if it continues as at present showing, morp than pay for the work done. I consider this prospecting proposition well worthy of the expenditure of additional capital on development work, and one that has good prospects of rewarding anyone undertaking the work." The full reports of Messrs. Fry and Wilson 'may be seen at th'e. offices of the Brokers. ' ■ ' The property is situated on the Mokihiuui River, about 10.miles from Sedckmville, and'is right in the heart of what is known as the Grout Reefton Gold Belt, and area of Slate Country extending from the Blackwater in the Foutli to the Aorangi Golden Blocks on the North. All the best Gold Mines on the West Coast are situated on (his belt, among them being the Blackfrater, Globe, Big River, Welcome. Alpine, etc., all of which produced considerable quantities of gold in the past, and some of them rank among the most valuable mines in New Zealand to-day. . , The following arc essays taken from the Big Reef a.'nl from the four leaders iOl) feet alsnvc it:--BIG REEF.-Six feet in (Tdwts. 22»r5.). (Sdivt. lTgrs). Ten feet in (7dwt. 1 ? r.). Thirty feet in (2ozs. lfldwt. 20srs). (Gdwt. 12?rs.), (13dwt. Igr.). Various essays from outcrop to 50 feet in, no samples with visible gold included:—(2o7.s. lSdwV. 22grs.), (3rlwt.), (3ozs. 2dwt. (3 dwt. 6»rs). Same with visible gold (Gozs. llclwt. 2gls.). LEADERS.-Xo. 1 Leader, width 3,inches (Hdwt. llgrs.), (18dwt. 7grs). Averse value of Sulphides along 30 feet of No- 2 (3ozs. lodwt. 18grs). Xo. 3 Leader, width 12 inches (Gozs. 13dwt. sgrs.). Same near face, width 1 inch (6ozs, Hdwt. sgrs). No. 2. nine inches-wide, a picked sample of the Sulphide (l'ozs. lGdwt. Igr.). Buck Reef, width !) inches, (laz. Hdwt. 13grs.). The Directors will not proceed to allotment unless the whole 11,000 Shares offered are applied for. Prompt application is necessary as THE SHARE LIST WILL CLOSE OX OCTOBER, 1312. . ' Prospectus, application forms, and full particulars may be, obtained from the BrOkCrS ' . WILLIAM H. TURNBULL AND CO., 27 Panama Street, Wellington, Telegraphic Address: "Estate," AVelliugton. Join the George Davis s Ltd. association of satisfied AULSEBRQOK'S • wearers and you'll iatfqt never go back to " LA-lfcai the high-priced BISCUIT tailor. 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