Page 1 Advertisements Column 3

Nelson Evening Mail, Volume VII, Issue 89, 13 April 1872, Page 1

Public Notices. rfIHE LAST BALE of T. S. WYMOND AND JL CO.'S NOTED FELTS, Just Openrd. 6Sf. DRAWING SLATES, various Sizes, just received by R. LUCAS & SON. KID GLOVES— 2 Cases just opened— BLACKS and COLORS. T. S. WYMOND & CO., 736 Hall of Commerce. PROSPECTUS OB THE TURNER GrOLDMINING COMPANY TO BE Registered under the Mining Companies Limited Liabilities Act 0f 1865, and the Amended Acts of 1869-70. Capital £10,000. In 2,000 Shares of £5 each, of which 1,000 Shares are disposed of in the terms of the Prospectus, leaving 1,000 Shares now offered for subscription. £1 payable on application, £1 on allotment, and the remainder in three calls of £1 per Share, such calls to be made at intervals not exceeding four months nor less than one month, Provisional Directors : Mr. W. Welford, Picfcon. Mr. Chas. H. Turner. Queen Charlotte Sound. Mr. Chas. J. Grbenlaw, Blenheim. Mr. Richard Nicholls, Blenheim, with power to add to their number. Bankers ; The Bank of New Zealand. IT is proposed to form a Company for working the Reefs discovered on Cape Jackson, in the Province of Marlborough, and recently prospected with very favorable results. The property consists of a Lease of 16| Acres of Land granted under the Mining Leise Regulations for a term of 15 years. The Reefs occur between soft sandstone and slate, affording great facility for extraction. Considerable work has been done by the Prospectors, viz.: Two shafts have been sunk, one 23 feet and the other 85 feet in depth. In the latter, at the depth of 55 feet, a cross cut has been driven for 52 feet, cutting three distinct bodies of quartz, all of them gold-bearing. On the course of No. 1 a drive has been made 30 feet in length, and it has b?en proved by the tests applied that the yield will average 2£ oz. of gold to the ton of stone ; and where it has also been driven on for a distance of 35 feet, at tbe 85 feet level, gold is freely to be seen in the stone. No timbering has yet been required. Since the above work was concluded, the Prospectors have succeeded in discovering on the property another and distinct Reet. which has been opened out at short intervals for a distance of say 1,000 feet. The stone is thickly impregnated with gold, and hos been estimated by competent judges to yield at least 7 oz. to the ton. At about 60 feet from the last-named reef another occurs, which is gold-bearing, but which has not been prospected. < The bearings of each of the above are tbe same, the course being N.W. and S.E. The Proprietors propose to part with their interest for 7,000 fully paid-up Shares, and £600 in money — £300 to be paid on completion of the purchase, and £300 out of tbe first nett profits of the Mine. The Prospectors bind themselves not to sell any of their Shares before six months after the formation of the Company. The permanent Board of Directors shall consist of eight members, three of whom the Prospectors reserve to themselves the right to nominate, and this proportion, under all circumstances, to maintain AH preliminary expenses, such as printing prospectus, advertising, &c, shall bs defrayed by the Company. On two-thirds of the Shares being applied for, a rreeting will be called, a Deed of Association submitted for approval and signature, and Permanent Directors appointed. Application for Shares must be accompanied by a deposit of One Pound per Share. In cases where no allotment is made, the deposit will be returned without any deduction; and where an allotment is made of an amount smaller than that applied for, the surplus of deposit will be applied towards the amount payable on allotment. Applicants desiring to pay up in full will have priority in the allotment. Specimens on view at tbe Bank of New Zealand, Blenheim, and Clark's Hotel, Picton. Applications for shares (to be made ia the following form) will be received by the Bank of New Zealand, Blenheim and Picton. Form of Application for Shares. 872. To the Provisional Directors of the Turner Gold Mining Company, — 'Gentlemen, — I hereby apply for Shares in the Turner Gold Mining Company, and enclose £ : : , as deposit thereon, and I agree to accept that or any less number of Shares which may be allotted me, and to pay all Calls lawfully made thereon, and to sign the Deed of Association when called upon to do s>o. Name ia full , Residence ...;.... Business and 0ccupati0n............. Forms of Application for Shares may b e obtained at the Office of ; the Evening 4 Maii t Nelson. 705