GOLD AT RIMU FLATS

Dominion, Volume 10, Issue 2902, 14 October 1916, Page 11

GOLD AT RIMU FLATS

NEW PROSPECTING VENTURES. Some twelve months ago 'a few miners from Australia coinmenccd systematically ti. test the Rimu Flats, near ITokitika, l'or gold. Thoy obtained the use of "Keystone" drills from the Mines Department, and methodically drilled the earth over a considerable area of the flat*. The results' noro so encouraging that a syndicate called the Rimu Flat -Options, Ltd., acquired the right to mine alluvi-

ally over a considerable area. -Such are tlic prospects that tins company is now leasing out blocks to other companies, and No. 1 Company, the-'capi-tal lor which has been mostly subscribed in Australia, is already "building a dredge on the ground. Some months ago it became known that the drills had brought up good pay dirt This, on being brought to the surface, in the pipe, was washed in the old primitive method, but ovdn by that method some of the "loads" wore said to yield over--Is., against a probable working cost of od Such indications ,it is stated, were common to the flats, not peculiar' to certain sputs, and old West Coasters are beginning to believe that there is th possibility of auothr bonanza like Kumara at.liiimi Klats (which are oulv from ten to twelve miles from Hokitika! ' The dirt will he worked bv means of dredges in'tho manner so well known to the mining fraternity of the Coast and Otago, 'viz, by scooping out a starling" pool, find then pushing ■ on tnrough the dirt, which is treated for gold , •■xtrat'tovi n :.-■ patios :i.-:i.'-l the dredge. Those interested, are in-clined-t» think that the chances of a hig yield look promising No money is being looked for on the local market, and for the matter of that it is not likely that very much would be forthcoming. Tho "Wellington public on tV whole has paid dearly for its goldmining experience.