THE ARROW.

Lake Wakatip Mail, Volume II, Issue 99, 9 April 1864, Page 4

THE ARROW.

(from oub own correspondent.) News of an important nature has reached here from the Cardrona Creek. A great extent of additional auriferous ground has been developed there, and the prospects of the miners for the coming winter season are cheerful and encouraging. The lead wiiich I mentioned in my last as having been struck, is situated near Lyon's store, half-a-mile above the post-office, and is supposed to be a lead partially worked, but the run of which was afterwards lost, during the last summer. A considerable number of claims have been pegged off during the past few days, and three claims have been already bottomed—all yielding well. From one paddock sixty ounces were obtained, and in another six ounces were taken off the bottom of a shaft eight feet square. The depth of sinking is about twenty feet, and the stripping is heavy, in consequence of the many immense boulders, necessitating the use of blasting powder iu their removal. The ground can only be worked by parties of six or eight men, possessing some money and plenty of perseverance ; but so confident are the miners of the certainty of their labors proving successful, that every patch of ground on or near the presumed run of the lead is already taken up, and shares in claims are eagerly sought for, several having changed hands lately at prices varying from £SO to £7O. T. Healy and party, who are erecting the overshot wheel, have put on some additional wages men, and to those who require employment there is plenty of work offering by the claimholders anxious to avail themselves of the present fine weather—£o per week being the usual p;\y for hired labor. Good gold is being obtained also in the sluicing claims at the back of the post office store, the stripping there being about twenty feet, with five feet of wash-dirt. Business generally is looking prosperous on the creek, and few complaints are heard. Martley and Gilmer are erecting a new and substantial store, and the hotel keepers are projecting many improvements in preparation for the winter. Thanks to opposition butchers and bakers, the price of meat is now down to lOd. per lb. and bread Is. 6d. the 41 b. loaf. The population is increasing, many miners who we eon their way down to the Molyneux having turned off to the Cardrona, allured thereby the many encouraging reports in circulation. At the head ot the creek the claims are shaping well; two pounds weight were lodged here by one party yesterday, the result of their last washing up. and in nearly every other instance men working there are earning a high average rate of wages. On a small stream known as the Moonlight Creek, between the head of the Cardrona and Roaring Meg, about 50 men are at work and doing tolerably well by fossicking out gold from the banks of the stream, and cradling dirt obtained from small points and beaches. The reported rush down the Cardrona to a branch creek towards Albert Town, turns out to be of no account. A few men fossicking there were seen by some travellers, who described them on the township as prospectors, and the tale gathering volume as it travelled, soon increased to the importance of a new discovery, and induced many to journev thither on a fruitless errand. The rac s at Albert Town, which took place on Monday last, passed off exceedingly well, and proved a fir greater success than was anticipated en this the first public sporting event in the Cardrona district. The District Plate Flat Race was won by Mr Thompson's horse, True Bill; the steeple chase, by Mr Carter's mare, Kate, who also won the hurdle race, ridden barebacked ; the miners' and packers' purse was well contested for by ten horses, and resulted in three dead heats, the stakes b iug at last divided. In my next I expect to be able to give full particulars of each event of the day. On the Arrow River, mining affairs are as usual progressing quietly and calmly ; not many new discoveries or startling finds coming to light, the miners generally deeming it wise to keep their own counsel as to the success or non-success of their labors. Occasionally, cheering little facts transpire which prove that the miner has got a few more chances in this district. One individual lodged in safe keeping on Saturday last, 450 ozs. of gold obtained from one claim on the Arrow; two other miners from the TwelveMile brought in 19 pounds weight, and a miner named Arthur Clark has now in his possession a 16 oz. nugget, which he obtained from his claim near the Gorge at the Twelve Mile; these are facts which speak well for our resources.