EXTRAORDINARY GOLDMINING SCHEME.

Globe, Volume XXIII, Issue 2219, 6 April 1881, Page 3

EXTRAORDINARY GOLDMINING SCHEME.

[PRESS ASSOCIATION TELEGRAM.] AUCKLAND, April 5.

The prospectus of a remarkab'e mining scheme appears in the London “ Standard ” received by the San Francisco mail. It is called the Haven Gold Mining Company (Limited), Thames Goldfields, New Zealand. Capital, £IOO,OOO, in £1 shares. The properties comprised in the enterprise are the Imperial Crown, Tookey, Caledonian, and Golden Crown mines, and a vacant piece belonging to Messrs Comer, the present proprietors of which in Auckland are astonish- d to find their properties thus dealt with. The Imperial Crown is now partly in the Southern Cross Company and partly in the Worotahi; the old Tookey is now in the S .nthern Cross, and the Caledonian and Golden Crown are nowinjthe New Golden Crown. All of these mines are now being vigorously worked by Auckland and Thames shareholders The prospectus states that Mr M. E. Bice, late J.P. of New Zealand and a resident mine proprietor at the Thames goldfields, reports that the Haven property will prove one of the richest in the district, as embracing all the famous reefs of the field. Professor W. Vazie Simons, the eminent geologist and miner, late chief magistrate at Sandhurst, Victoria, in his report on the property, says, “ Ihe estate presents a field of mining enterprise, which is rarely suffered to etcape from the hands of its immediate discoverers.” He will join the Board as managing director on his return from India, but has left instructions for procuring machinery to commence operations. It is stated that application will he made in due course to the London Stock Exchange for an official quotation, 'i ho chairman of the company is given as T. Kyro Foakes, chairman of the Froutiao and Bolivia South America Gold Mining Company, Limited. Th » Bank is the Agraßank, Limited, and the consideration for the property is to be £50,000, of which the vendor takes £IOOO in fully paid-up stares. By mail, Mr J. Stodart, of Auckland, received a letter from a gentleman in London, statirg that the ground of the above companies was being put in the London market by a joint stock company, and desiring to know whether it. was advisable to take shares. Mr Stodart was completely astonished at the intelligence, ns no such ground is available for such purpeses, the title being vested in persons resident in Auckland. According to the prospectus, the agreements in relation to property are all made between Henry El'iott and John Pcllmm Hance respectively, and the latter and W. E. May as trustees of the company. A map accompanies the prospectus, showing goldbearing leaders running at regular intervals in straight lines from the beach inland.