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MINING NEWS.

..... ♦ ■ — t v_ As the river is falling; very Ww active preparations jere being : made in. directions to commence We winter’s cam paign on those beaches and points of tin river that are known, to !_hpld thb precis metal in payable qaantitieis. "fßujow Al|i ; andiathis is specially s|, anuia the.preseijl indications are in favcfurj of ;Jin (ttady ajrji hard winter, and as a{ nhcßMpry. concoijd : tant a low river, the chances are _ Wat map} rich deposits.that have dam awaitap - butt's favourable season will shto yew,’ be released- LA strong .party Shave taken or terms that have not yet been made kuowr from the proprietors, Golhman’s 1 Celebi atec claim, and are now busily'putting ilfjvorking order the valuable plant that is op Wf ground, and to say that they are sanguihe of doing big things, is but a faint' idea ol what they reqlly do 6fp?ct.. In,.,ths : jpteri est of the proprietors we devoutly >-wish that their moat sangu he wishes‘ may be realised, arid that-they may be recohpAi their very heavy outlay. This claim ia situate at Butcher’s Point .Beach, soap ten miles below Alexandra, and as the golden strata in it in some ten feet below dhe-rivei bed when at low level, as may ba expected a large body of water has to be contended with. The plant on the claim to battle against the water is most perfect of its kind; consisting of powerful' California pumps.driv'-n by a steam engine. Messrs Samos and narty purpose commencing dredging at the junction of the Manukerikia with the Moiyneux, and are now engaged transporting the hand spoon dredge from some short distance up the Manuherikia on to the ground,, In rererring to dredging we learn that the big iron dredge is now doing first class, last week getting 520z. of gold. This is an excellent return, and should it continue,'of which there is not much doubt, the shareholders will soon have their capital returned. Of Scott’s dredge we cannot gat any information of its gold getting. We. however, hear that it is now held by two shareholders qnly,’ a:" Captain' ?Holmes, of Dnpediu, -and the man who is now working her. It is generally" understood, however, that she is paying well, Aftent? dredging; it is reported that Mr M‘Queen speaks of floating a company to place another iron di edge on the river, which will oOmbine all ‘he latest!mprovements. •• Mr M‘Q u een has had a great deal of experience JiT dredgebuilding, and no tpan iie took upon is more competent than he to lay dowp the lines of ia dredge that should to the letter suit the requirements of the Moiyneux. , Nothing is particularly stirring, aboutthe fe fs on the Old Man flange, .White’s Company Are still following the reef in'.their sliafi, and from what we can learn it maintains to carry a good thickness of stone which prospects well,- , Gayan and,,(Jo. are opening out their reef for a long distance, and all the other claims are more or less busy either sinking or driving. There are spine who begin to talk desnairingly of the prospects of these roofs. We, however, can see no reason to c iange the opinion first foriped, that is, that the Old Man liange will,prove as good as ever opened in Otago, but that it will take time to develop it. That eve y • one of the eighteen or twenty leases taki n up w’ll turn up trumps we do riot presume t'- say, but that many of them will we feel confident. ' ! V 1 ’

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https://paperspast.natlib.govt.nz/newspapers/DUNST18840502.2.7

Bibliographic details

Dunstan Times, Issue 1157, 2 May 1884, Page 3

Word Count
591

MINING NEWS. Dunstan Times, Issue 1157, 2 May 1884, Page 3

MINING NEWS. Dunstan Times, Issue 1157, 2 May 1884, Page 3

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