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Hokitika Guardian, 27 September 1927, Page 2

REPORT FROAI TAUPO DENIED. . HASTINGS, Sept. 23. m “There’s not a word of truth in the report published this week in an Auckland paper, and copied in soqie, provincial papers, "that a party or Hawkes Bay prospectors operating on foe western side of Lake Taupo, collected 50 ounces of gold j i few days ago. and hope to get a further quantity within the next week or so.” The above is the statement of the

secretary of the Hastings syndicate which has four prospectors on the field for the last six months. “We have combed the hill very thoroughly during that time,” he said, “and we ' know, and are now camped upon the only creek which carries any trace worth noticing of alluvial gold in that district. Only prospecting work has been done. We are still prospecting, and no gold at all lias been won.” Continuing, he said that such a report of a rich find would be laugable, but that its publication may have been inspired with an unworthy motive, possibly with a view of company flotation. In lany case he said the instigation of such report’s is commercially immoral, as they are calculated to draw men into costly country where the chances of reward are very remote.