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SOUTH BEACH.

[from ot/r own corespondent.] February 12L V , _ The continuation of the old Lagoon lead , is {now in a fair way of being tested j: as , the whole of the ground, from the Whim , claim to the New River is taken up. Hollo way and Company, of 12 shareholders,, „ six of whom? are workingj hold the first claim south. : Leach and- Company, six shareholders, the second claim, whilst the third is held by Harley and Company, . also six shareholders. These three com-, paaies amalgamated for the purpose of, taking in a tail-race from the Lagoon, and have been engaged at it for sometime. They took up the race that was made some , five years since by the Jowb'. Company, j, who found gold at the depth of ,l6ft ; the , race, however, not being deep enough to ; work the ground, they (the Jews), begau to deepen it;, but in consequence of the . great excitement that prevailed at Fox's , at that time, they abandoned their work [ and followed the rush. 'Since then there p has been.no attempt made to open up the t ground till the present enterprising parties took upithe old race. They commenced [ by deepening about 14ft, and for the dijs- . tance of 100 ft left it open, and far 500 ft ' piled it, and then covered it up. Some t idea can be formed of the nature of , work from the fact of it being upwards of '30 feet deep— l2oo feet; of timber being' l used for every 12 feet set of piles. They } have how commenced- to drive, and are in about 70 feet, and have rather more [. than 300 feet yet to go before the boundary is reached^ which it is calculated will ; . take about two months. The men have : had great difficulties ' ! -tp' contend against \ owing. to the. superabundance of water \ —a Government sluice-head always run- \ ning,.and at the- time* of the flood; bad. air was met with. Notwithstanding the > difficulties they have had hitherto to surmount, the parties are in high spirits, and . confidently look forward to the time when , they will get repaid for all their labors, ; . and well do they deserye;it, for the energy \ and enterprise .they hav;e showjarn.de- ! velopiiig the resources of this part of the lead. In going south, the Perseverance^ Company, hold v three men's ground, to , which they arp taking in a.branch'.,tunnej, . feom their "main one. They are making good progress, and expect to have it com- " pleted in three ' 'V

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18720224.2.9

Bibliographic details

Grey River Argus, Volume XII, Issue 1116, 24 February 1872, Page 2

Word Count
414

SOUTH BEACH. Grey River Argus, Volume XII, Issue 1116, 24 February 1872, Page 2

SOUTH BEACH. Grey River Argus, Volume XII, Issue 1116, 24 February 1872, Page 2

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