Collapse of the Londonderry Gold Mine.
LATER PARTICULARS. (PKE PREBS ASSOCIATION!. London, April 8. The Hon. Horace Phtnkett, M P. for Dublin South, under a power of attorney, undertakes that Lord Fingal will virtually imitate the example of Colonel North regarding the Londonderry Mine at Coolgardie. The French buyers at shares in ihs mine are combining to refuse to com« plefe the purchases. The Times, commenting on the position of the Londonderry mine, says the shareholders joined the venture after their eyes had been opened to the real meaning of the audacious request for .£650,000. The Pall Mall Gazette thinks it impossible to trust Coolgardie experts. Perth, This Day. Lorcl Fingall, confirmed blue recent cable respecting the cutting out of the rich shoot of the Londonderry mine. The directors were entitled to the first information, hence the witholding of the news on the field. On his arrival ten days ago a start was made to open up the golden hole, and the first shot disclosed the fact that the gold did not go deeper than the block in sight. Good gold is still being found, but as yet too little work had beeu done to enable an opinion to be formed. He thought the mine should be thoroughly tested as well as the seven adjoining blocks purchased by the companj 7 . The cutting out of the rich shoot came as a tremendous surprise to him.
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Bibliographic details
Feilding Star, Volume XVI, Issue 239, 9 April 1895, Page 2
Word Count
235Collapse of the Londonderry Gold Mine. Feilding Star, Volume XVI, Issue 239, 9 April 1895, Page 2
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