ANISEED VALLEY COPPER MINING COMPANY.

Nelson Evening Mail, Volume XIV, Issue XIV, 3 April 1879, Page 2

ANISEED VALLEY COPPER MINING COMPANY.

At a meeting of the shareholders in this Company, held on the 27th ultimo, the following report by Captain Rowe, lite of Queensland, waa read and approved. We understand that the appearance of the mine 13 still improving. ! P. W. tnviNE, £ a<i> MiD<> lIoDi s; ec . »m— A mouth has now elapsed since, at yoiir request I furnished a report, aud uddertook the duties of supeHuteif dlh'? the development of the Aniseed Valley Copper Mine. I now report progress, and lay before \x e i lders the P rc sent aspect of the mine. i « u sfc ?P era tipns consisted iu the removal of all the Umber from tbe shaft, and all the mullock and debris which obsclired from view any of the works contained in the mine. Having thus secured favorable conditions, an exhaustive investigation of the entire mine was proceeded with, and resulted in the discovery of a "heave" or "fault," which I concluded had thrown the lode out of the line of the shaft into the hanging wall. In following down the seam which indicated the bearing and declination of the " heave," stains of the carbonate and small deposits of the suboxide of copper were visible, but, at a point in the shaft four feet from its collar and sixty feet from the sur face, a favorable change of structure iuduced me to put a long cross-cutting hole into the hanging wall; which, on being blasted, disclosed a small rich vein of the red oxide of copper, associated with an incrustation of the carbonate of lime. This vein rapidly developed itself into a substantial lode of unmistakeable richness. It is composed of the red oxide aud grey sulphide of copper, and has taken up a line north and south bearing, and now stands revealed over a foot thick at a depth of 20 feet. The rich veins of copper-glance which are now associated with the red oxide are most important, and should be looked upon by shareholders as augmenting the value of this mine. I look upon the lode discovered aa only one of a series, existing in your property, which will eventually be discovered by cross-cut-ting, and which will be found to converge towards one main deposit, which will be found below the river bed level, and at the junction of the ferriuginous slate with the serpentine.— l am, Sir, Yours truly, W. E. ROITB. Aniseed Valley, March 27.