THE INANGAHUA REEFS.

Grey River Argus, Volume XII, Issue 1078, 11 January 1872, Page 2

THE INANGAHUA REEFS.

[from our own correspondent. I Reefton, Jan. 3. Work has been generally resumed on the reefs, and from the expressed intentions of the miners we may reasonably infer that in most cases the necessary measures will be instituted to place their respective claims under the Limited Liability Act, .with a view to -acqiiire the capital necessary to their successful development, and without -which the?discovery of even richer stone would avail" the miner -.nominally nothing, for the simple yet nevertheless • incontrovertible fact that, unaided in' a ; pecuniary sense from oiitside' sources,; the wealth "that nature has so lavishly bestowed, requires, in ' addition to the labor, of the hardy sons of toil in the gathering, : the potent aid of science to obtain. . Shiels' prospecting claim, under the management of Mr; ; Samuel James, a gentleman evidently well qualified -for the position, is opening up new levels for the purpose of ensuring a good supply of stone readyby the time the battery is erected, which, under the able management and general supervision of Mr John Treneiy, assisted in the engineering department by Mr Newman, and the framing; &c. by Mr Chancy Burgett with a whole staff o? supernumaries., is ibeingirapidly got ink) position. I need scarcely add that everyone here anxiously /awaits its ■successful completion, as the result of a crushing will without doubt make or mar the fortunes of hundreds," and although not inclined to swallow such boluses as : eight or ten ounces to the ton as a probable yield, I nevertheless .feel ;no scruple in; saying, after a thoroughly careful examination, where such is possible, of the several lines of reefs opened,; that, worked systematically, they cannot fail in ultimately becoming a source of wealth to numbers; Sinnamon's, a line of reef that I .have occasionally adverted to in a casual way, and that was opened by an old Ballarattian of considerable experience, is likely soon to create a stir in the market. A body of stone six feet thick, carrying gold, haying been cut by the contractors while driving a tunnel. Tho position of the -' claims affords-roany -facilities ""for working, being ( easily , approached from Murray Creek from a gully leading direct to the plaim, and a good supply-of' wate.r close at hand, the situation of the reef is much approved, bemg situated about midway between Shiels' and. Kelly's claims. . :.; . ; An open air meeting was held here on the 6th inst., at ■•vhich resolutions were passed urging upon the attention of the General Government the necessity that exists for the permanent residenciß of ' a Warden j the construction of a dray road or roads via Grey Valley and Christie^ Accommodation-house, and the holding of a Resident Magistrate's .Court, &c. Messrs 1 Hankin and Faler declare the share market brisk^ considering it is the holiday term,,iuling rates being about the same as their last report. ;. .. In consequence of the flooded state of the river, Mr Warden Giles was prevented from reaching here until the 7th inst. A Court was held at Barker's Hotel on the Bth, when a number of important' mining cases were heard and applications granted; , ■ '