RICH FIND OF GOLD

Evening Post, Volume CXV, Issue 38, 15 February 1933, Page 16

RICH FIND OF GOLD

■ The owners of the large ingot of gold which was lodged in the bank on Thursday have given information regarding Ihe locality in -which they discovered the quartz, states a Thames correspondent. Their names are Messrs. W. C. Sarich and Frank Cropp. Mr. Sarich is the son of a prospector who arrived at Thames in the early days of the field. Mr. Sarich states that he took up prospecting in the then abandoned Lucky Shot' ground up the Waiotahi Creek some two years ago. Tho indications for a run of gold were similar to what Mr. Sarich's father had pointed out to his son years before. Mr. Sarich and his companion worked hard, but for twelve months they were unsuccessful and used up all their reserve capital. They were almost without resources when the extension-of the No. 5 scheme for the assistance of miners enabled them to continue. The two young men pushed on and 'discovered a dropper off the Golden Age reef, one of the main ore bodies in the Waiotahi system. This was small at first, but widened out until it was seen that exceptional values were uncovered. The specimen stone weighed about 1121b and the general dirt surrounding it about two tons. The ore was taken to the School of Mines and 161oz 12dwt of bullion were extracted from it, this being the richest stone seen in Thames since the discovery of, the Waiotahi patch in 1905. The men are working in virgin ground and aro still .in good country showing values. It is possible that the dropper will open up again. There is plenty of country to work upon. The gold reef was found on the hanging wall of the reef. There are still two tons of general dirt to be treated by the battery, and this is rich stone.