Page 3 Advertisements Column 1

Kumara Times, Issue 157, 5 April 1877, Page 3

*. J* B O S P E C T V S WfcJC * OP THE ' f NEW ZEALAND SILTED '■MINING CO., (LIMITED). Mount Rangitoto, County of Westland, : New Zealand. CAPITAL, ... ... £40,000. In 8000 Shares of £5 each, payable as follows: — > Mve shillings, on application. -•'JiveJshillings, on allotment. The hallauce on Calls hot'exceeding i 11!! 2s ffd per month. ■ ; The Company will be registered imme- « diately applications are received for • 5000 shares. "Head Office to be at Dunedin, or Wellington, according to decision ot majority of Shareholders. * PROVISIONAL DIRECTORS : Messrs S. M. South, J. R. Hudson, and Henry Young, Hokitika. BROKERS FOR WESTLAND : Messrs -F. A. Leannonth and Co. -'.BANKERS: Bank of New Zealand. The object of the proposed Company to work a Mineral Lease of 500 acres, t situated at Mount Rangitoto, County of i Westland, formerly known as Hudson’s |v Lease, which Lease has since been purchased from, the Waste Lands Hoard, by I Mr Henry Young. P The Lease is known as No 2, west of she, Mount Hangitoto Company’s Mine. The area .secured is 500 acres, on which two distinct lodes of ore—one fifteen ; and the other _ varying L'from three- to five feet in width outcrop. Mining Surveyor, who hds recently returned from (completing a survey --of the Lease, reports as t follows: — may state that in addition to lodes *Jtmeriy reported on that Mr Palmer, K one of th© prospectors of the Rangitoto Silver Mine, who his assistance in'the a large lode indue . of ihd Cfe.eks /running through . the Lease, tho poataon of which you will S,, Bee ■ ofi:the 1 plan, and marked ‘.Quarts The reef is i liteen.feet in thfcknesf * w t j{ e an .80 deg, is m r . with ; tbose now ( being /the Piwspectora’ Company, both.[.Galena, rand Pyrites. a great; r ~gfream v tin fix two different some Of the boulders three bsndiredweight. \ybwbix that,'an.; immense tin 'ialso jcun; through the Lease, - o£ stream .tin in the an ■ Prospectors' of the Mount ompany’p Mine also report len.thisj leaselea of ore similar to .those in Langitoto Company’s; Mine |his Lease, one of fifteen her varies from ‘three to the Rangitoto ftbeen proved by [JIC . ,£sXis.. -.ao three ro* ounces and . y-five ounces of. _ .Hector in his Laboratory,. \having obtained ihgitoto ore a yield buhees fifteen peimyIrains of gold per ton. directed to result of j 5, locality, Mount New Zealand. ; Labora iory, which j ampuni i of gold in ; two p mnyweights B fengage from Califcompetent and exihiilg Manager, , and leveloped and worked ’ principles,' and with lery*; As* there is an |of water and timber f vicinity of the mine, fViant have now in proboad, it is expected that (he- minewill J>B_ conlity and economy; to the hyT’tQupromoters will V .paid up, ;£s .shares, fripash..:... ; for shares will be Mnotetys confidently jfuUy double the btted. k \ ' ry * fcika.