Important Find at Coromandel.

Hastings Standard, Issue 27, 28 May 1896, Page 4

Important Find at Coromandel.

The New Zealand Herald referring to a recent find in the Kapnnga mine at Coromandel says:—"ln the Kapanga mine they have struck a m f with gold showing in the shaft over 000 feet ilt ep. It is in •)'!> n-iid country. The find is a most important one as it is the deepest «rold yet got in NewZealand. This discovery i- of more importance than would ar j • ir at fusight, for not only is it t'». of gold-bearing strata at ■! d >». levels ever opened mi the 'I i 1 * I< 'i insula, or for the matt i ot t' • t 111 New Zealand, b';t the not id ings are such as to ,•> >■■! '• * great encouragement for future de>.-p levels'. The Kapanga Companv, ;tfu-i----exhaustive workings on hm'i levels, hail sunk to a depth of MX) teet ;it which they opened nut in a miy promising class of couni' *- n qaently Captain Argall, managei- fur the company, procured the u.-e 01 diamond drill-:, and bored uearh to a depth of :200 feet, or 10 X) f> l pi Ji The cores taken up showed a most encouraging change for the better in the andesite rock, and some quartz bored through gave traces of gold. On his suggestion the company authorised the sinking of the shaft to 1000 feet. It is now down 920 feet, or 120 feet below the last level opened out on. The country rock in the shaft has been most encouraging for some time, and quartz stringers have been coming in frequently, but the best and most encouraging indication? met with, so far, is a nice o'lartz vein about four inches thick, and showing gold through the solid quartz,; and amongst the ore taken out of it is a piece about two inches in length which might fairly be classed as i _ ) 1 specimen. Of course, under present circumstances no fr.-h di-velopment of this vein can immediately take place - The sinking of the shaft is to be continued, and it is probable that in the conntry now being penetrated other veins of perhaps larger size will be intersected.