THE MACETOWN REEFS.
The Homeward Bound Company’s mine is now: being properly opened out by a tunnel, penetrating the lode 209 ft from the surface. The stone already landed at the machine promises a yield of between three and four ounces to the ton.- The prospects froih the Cross Reef are most extraordinary—experienced miners asserting that they never saw. anything like it in New Zealand. The All Nations Company are on a very rich shoot el gold. A large block was for- <« Monday last to the Bank of New Zealand, Arrpwtown, thence to a® n > to the head office in Dunedin. The Maryborough and North Cross Reef Companies are also on splendid stone, and have the reef nearly five feet wide. They are now engaged sinking into the lode. The Cross Reef is pwt excellence the cream of our quarts lodes, and we should not wonder if it 8^" d 3 ual aHyftbig anything ever found at the Thames. A sample of stone crushed by tihe agent of the Bank of New Zealand, Arrow, indicated a yield of over thirty ounces to the ton. The Lady Fayre Company, No. 1, West on the' Homeward should not be at all surprised if the stone turns out emudly as well as that of their adjoining neighbors.—‘ Arrow Observer.’
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Evening Star, Issue 4083, 28 March 1876, Page 3
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216THE MACETOWN REEFS. Evening Star, Issue 4083, 28 March 1876, Page 3
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