MINING
IvAWARAU GOLD. VERY RICH ALLUVIAL FIND. DUNEDIN V October 25. “The richestalluvial find I have personally seen, in New- ..Zealand,” said Mr James Horn, ex-M.P. r after a visit to the claim ,-where -two young minea-s struck a rich ’lead.' - ;i , ,
-Th-e deposit is 20ft- above the level of the Kawarau Riyar,. ; T'he lead is not .confined to .'one v ; ejarin. There is a stampede of pegging in the vicinity of the* find, many prospectors having the -mining fever. The .first party to ■trike the lead i,? still ...driving a : hefs,. with rich ground continuing. . So far,, >\h,-:y have penetrated 30-ft with a de e p formation carrying gold over the full depth. For a short -week last week’s yield was £l5O. Reports state that it is easily the richest find known to the present generation..
A party in the next tunnel is operating on steadily improving, prospects, and rich yields • from this area also -appecr likely.
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Hokitika Guardian, 28 October 1932, Page 3
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158MINING Hokitika Guardian, 28 October 1932, Page 3
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