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INKERMAN.

The fact of notice of a call having appeared in the advertising column before the result of the trial crushing became known has created a very unfavorable impression as to the actual value of this property. There certainly appears something very remarkable in the result so far, from the fact of tho greater part of those interested bwing men of lengthened experience in the district, and who have moreover bestowed considerable time in prospecting the stone, and all avor hit the prospects obtained throughout wero exceedingly good, and that tho result could be no other than highly, favorable. However, it appears now to be, the gone* ral opinion that thu best «otd is contained

in about Bftof stone, and the qnirtz recently crushed has been selected from a face 22ft wide, so, therefore, if more than half the quantity put; through is almost barren stone the result may be easily accounted for. Eight feet of stone carrying to all appearance payable gold is not to be cast aside, and tbe matter of a call being made after the first crushing in pla^e of a ! dividend should not yet dishearten shareholders, for it should be borne in mind the most successfjl company in this district, and now possessing the rery best mine on the field, was after their trial crushing compelled to resort to the same mean*-, and were if anything in a far more unpleasa.it predicament than the above company. Tbe actual result has not yet been ascertained. In all classes of gold mining, whether alluvial or quartz, if the metd can be shown from out of the face i it generally produces a result accordingly in the boxes, and as it has never yet been denied that the various faces of the lode all give excellent prospects, it is only reason si ble to suppose that the amount of work now executed will define that portion of the reef carrying tbe gold, and with a little care exercised in working, the mine may yet prove a valuable property. _^____^______

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/IT18770406.2.9.5

Bibliographic details

Inangahua Times, Volume III, Issue 99, 6 April 1877, Page 2

Word Count
340

INKERMAN. Inangahua Times, Volume III, Issue 99, 6 April 1877, Page 2

INKERMAN. Inangahua Times, Volume III, Issue 99, 6 April 1877, Page 2

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