TASMANIA.

Grey River Argus, Volume IX, Issue 686, 11 June 1870, Page 1 (Supplement)

TASMANIA.

[launceston chronicle, may 20.] Although no startling news has reached us this week from any of our gold fields, what has come to hand has been of a highly satisfactory character, adding to the numerous proofs we have had of the extent and richness of our gold deposits, and consequent permanency of goldmining as one of the most important industries of the colony. NINE MILE SPRINGS. The Shamrock Gold Mining Company. — A gentleman who carefully inspected the mine of this company at Nine Mile Springs, returned to town yesterday, and reports that he found tb.9 reef considerably wider, and the stone that was being obtained was much richer than it has ever shown before. The prospects from washing stuff, in. the casing of the reef, are exceedingly rich, some of the disintegrated pieces of gold, mingled with the chips of whitish quartz, being much larger than the gold usually found in the casings of reefs. The gold is very pure, being valued at L 4 ah ounce. The men are now busily engaged opening up the reef much wider, so that persons visiting the mine may have full opportunity of judging and arriving at a correct conclusion with regard to the extent and character of the reef. PENGUIN SILVER MINES COMPANY. Mr William Clarke, who has just returned from the mine, brings an excellent report of the surface appearances. The ground was thoroughly examined by him and Captain Stevens, accompanied by the local directors, Messrs Cumrhings and E. B. E. Walker, and the lode bearing the silver was found to be from Bft to 10ft wide, bearing nearly W.S.W. Good ore was found quite three feet from what was supposed to be the wall. The different mineral veins of blue and green carbonates and sulphide of copper, galena, and iron were found to dip into the lode, thus showing all the conditions which, are always present in rich mineral country. The lode, although well defined, is to be cut through in several j>laces, in order to fix the exact position of the shaft, which is intended to be a little south, so as to cut it at a depth of about 100 ft, when it will be opened out, and in the meantime ore will be raised from the exposed part ; the rich being bajzged at once for export and the poor saved for local treatment, when the reverberatory furnace i 3 erected — in this manner the mine is expected to pay its way, if not better. However, in a very few weeks Captain Stevens expects to make a good show.