BUTCHER'S GULLY QUARTZ REEF.
PUBLIC MEETING AT HOKITIKA. [from our own correspondent.] Hokitika, April 25. The meeting held last night, to take preliminary steps to work the Butcher's Gully Quartz reef, was a great success. Notwithstanding the downpour of rain, the room was crowded, fully two hundred amongst them being leading residents of the district. The Mayor was voted to the chair. Mr Rae, at considerable length, detailed the information already obtained as to the character oi the lode and cost of procuring a battery of sufficient power to work it. He stated that the reef was 10 feet wide, and had been traced an immense distance. It proved to be gold-bearing in all parts, and it was generally believed to be highly payable. After discussion, it was unanimously agreed to form a company with a capital of £12,000 in £1 shares ; £3OOO to be called up. Twelve hundred shares were at once subscribed for. Several Kumara miners, who have an interest in leases, were present. It is confidently expected that great results will ensue from the development of this new quartz country.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/KUMAT18780425.2.7
Bibliographic details
Kumara Times, Issue 492, 25 April 1878, Page 2
Word Count
183BUTCHER'S GULLY QUARTZ REEF. Kumara Times, Issue 492, 25 April 1878, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in