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THE INANGAHUA REEFS.

[herald, march 29.] The contract for the .conveyance of the: Little Wonder machinery from the Landing to the claim has been completed. ' The whole is now lying on the company's ground, and is merely awaiting the construction of a tramway to be conveyed to the machine site, the work connected with which will be immediately commenced. . The reported rush to Rainy Creek proves to be the discovery of good alluvial deposits in the vicinity of the old workings, but further into the terrace. Connolly and party, last week, obtained a few ounces of gold, and the prospects are sufficiently encouraging to induce other parties to prospect the terrace for a continuation of the lead, : At a meeting of directors of the Rainy Creek Company, held at the office of Messrs Wakefield and Thorpe, on Wednesday evening, it was decided to invite tenders for sinking a shaft 100 ft, at Which. de.pth it \a antf created that the large reef exposed on the surfaoe will be intersected. The quantity of stone already proved will occupy 40 head of stamps fully three years, and coal of excellent quality is in abundance close to the mines. In fact the facilities for working and obtaining stone are so extraordinary that a minimum yield must pay handsomely. Anderson's. — This company are crushing steadily, and will continue to do so so long as those engaged in the mine can keep the batteries employed. On Saturday night they will have been crushing three weeks and have put through fully 3QQ tona qf stone, wif h an average of upwards of an ounce, to the tori. The character of the reef at the lower level is satisfactory, and no difficulty is anticipated in keeping the batteries employed three wgeksj before washing-up. Jnglewqoj}.— Jn this claim they had fifteen hours' crushing on Wednesday,and yesterday the batteries were fully; employed. The yield hitherto haß, shown Considerably over an ounce to the ton, and should the weather prove favorable, the company are now in a position to keep the Westland battery employed for the next three months. About 120 tons of stone are now in the machine paddock, and the entire quantity shows a fair quantity of gold. There is some likelihood of this claim amalgamating with the North Star and making arrangements for the erection of a crushing plant on the left-hand branch of the Inangahua. Aja?.--Thi3 company have been for some time engaged crushing stone from the upper level taken from the north end of the claim towards the Golden Fleece. A better class of stone is being put through, and a better average yield than recently obtained is anticipated. Wealth of Nations. —The rainfall of the past few days, though consisting of showers only, enabled this company to renew crushing on Friday. The machinery works wejl, and the quality and quantity of stone tire such as to guarantee very handsome results provided that their powerful battery of fifteen head can be kept constantly employed. Band of Hope. — After wearisome delays this company commenced crushing yesterday. The paddocks are full to repletion, and an occasional shower is alone wanted to keep up the water supply so as to enable the batteries to be kept e.mplqye.4, . . "" ! J ' l f Energetic,— The rise of water- in Jdfarray Creek enabled; this company to resume operations yesterday. They have abundance of stone, and, with every appear- < ance of the weather having broken, ; will be able to continue crushing for a lengthened |term. The contractors are still engaged sinking the shaft, but their progress is slow, owing to the hardness of the rock, . , Hercules.— ln this claim the reef has been struck in the south drive; containing a fine body of stone. Its thickness is'tiot yet known, bul'it has already been proved tobe l 6ft. f i ...

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18730331.2.5.2

Bibliographic details

Grey River Argus, Volume XII, Issue 1453, 31 March 1873, Page 2

Word Count
636

THE INANGAHUA REEFS. Grey River Argus, Volume XII, Issue 1453, 31 March 1873, Page 2

THE INANGAHUA REEFS. Grey River Argus, Volume XII, Issue 1453, 31 March 1873, Page 2

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