MURRAY CREEK.

Inangahua Times, Volume III, Issue 63, 12 January 1877, Page 2

MURRAY CREEK.

[fbom our mining bbpobtes.] ANDERSON'S EXTENDED. Thursday, January 11. Owing to the great excitement prevalent in mining circles during the last few days caused by a new, and what promises to be an important discovery in the old Invinoi* bfe Company's ground, I proceeded to the mine this morning for the purpose of per» sotially ascertaining th» correct nature'of the new find, and can therefore vouch for the accuracy of the following statement. As this is the firs l, appearance of the name of the above company in the mining column, it may perhap9 be necessary for the information of distant shareholder to state that what will henceforth be known as Anderson's < xtended mine com prises the entire area of ground which originally formed both inderson's and the Invincible leases —the latter more re-? cently known as the Julius Yogel mine. For some few weeks past hands have been employed on the intermediate level in following a run of delached blocks of quartz which showed fair gold. This having been carefully traced aloog the drive for a distance of 40 feet, has now made into a distinct body of stone'about three feet thick, and from a very minute inspection of several (.locks taknn from the face »iH brought to the surlace, the show of gold ia sufpyient to confidently estimate a yield < f fioin 16 dwts to an ounce to the ton, Th© stone has certainly a highly goldbearing appearance, and from the fact of the flame lode baying been wrought <m

the upper leyel by the Invincible company three years ago, and the last crushing having giren a return of 27 dwts to the ton, the above estimate may be set down as tbe lowest yield that can be anticipated from present appearances ; and provided tjie lode can now be proved to exist in its present form to any extent, it will unquestionably be one of the most Talu ible items in connection with our mining industries that has come into notice for many months past. It may however be as well to state that tbe confined body of quartz has only been driven on at present to the distance of about ten feet, aad showing every possible likelihood of being the tail end of a good block of stone, thus it can scarcely be expected to have the solidity and form as it most likely will show in the course of another ten or twenty feet. Tbe face this morning presented a smooth black flaky casing of 1 slate on tbe foot-wall, and the whole face I as a most favorable appearance, but I will defer any further remarks upon the character of tbe lode until more work has been executed. There are, however, many circumstances in connection with the floating of this company, which justify a thorough course of prospecting being carried on, and one of the most important is tbat in the event of a payable lode being proved to exist there is about four thcu sand pounds worth of interior and outside f works already constraeted, and from the level upon which this new discovery has been made an expenditure of about £50 would command 85 feet of backs to reach the old Invincible workings tliat is at the southern part of the grouad. At the north there is 600 feet of ground in length, and 250 feet in height from the level of the present discorery that has never yet had a pick in it. The expenditure of the' above mentioned sum would land the stone iq the battery. The future progress of work will be duly noticed.