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IMPORT GOLD-DISCIVERY.

Great excitement prevails atTarnagulla. The- *•# struck in the United Poverty 4os to the tin disK r 'The reef is 13in. wide near the surface. Gold has also bqen struck in the Corfa,Reef. The Tarnagulla ©orrespott'dent %t the D.and B. Rxprtss says:— "The prospects of our miniag companies are daily improving. A tery rich block of stone has been found by the United Poverty Beef Company on ground, toowp , as. theL>Havelock ißeei WWi aishea oTstnff washed on Friday gave a nrpspeat of fully 2^z.of gold to each din,' iind^ori Safuraay a dish was'waßhed which contained at least 12pzpf gold, someoithe specimens being eVjnal to any I have ever seen on Tarnagulla. This reef is being worleed by four wages men in the employ of the company, and the find, following «o:«lose]y on the rich crtishings of tbe mbute parties (viz., Scorer, 3220z from 80 loads ; and Bartlett and party, 7208.16dwt from 80 loads), has caused the •hares in this company to rise rapidly in Tabut ; :very .few ; of our local shareholders will sell, as the prospects of the taitifi wet*, never so -.good as they are ai present A trial lot will be crushed from theynew jeeef . in the course of the present week. The stone in No. 1 Tribute is still equal tothe last crushed, but.is not: quite so good as thai in Scorers Tribute. However) the tributorß. are well satisfied with theli 1 pfoep^.^" On Satrtrday laat the directors of the United Ppverty Beef, Co. teiriaed* 6YeY tdHr Scorer (No. 3 Tribute) a cheque for L1050 12s 2d, being the re : s^i^OT^wo%eekVwof£'fbrfburmen. '

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18720419.2.17

Bibliographic details

Grey River Argus, Volume XII, Issue 1162, 19 April 1872, Page 3

Word Count
265

IMPORT GOLD-DISCIVERY. Grey River Argus, Volume XII, Issue 1162, 19 April 1872, Page 3

IMPORT GOLD-DISCIVERY. Grey River Argus, Volume XII, Issue 1162, 19 April 1872, Page 3

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