MINING.

New Zealand Times, Volume XXX, Issue 4459, 5 July 1875, Page 3

MINING.

It is reported that a man named Eiddel has ■ found a silver mine in the ranges near Westport. By our telegrams we learn that heavy gold was struck on June 4th in the Prince of Wales Claim, Carcoar, New South Wales. A ton' of stone brought up is estimated to yield 500 ounces. The stone in shaft looks even richer. Great excitement prevails. Mr. McGregor has tabled the following motion in the Nelson Provincial Council,— 11 That in order to encourage the investment of capital in mining industries, and facilitate the development ot onr mineral resources, this Council is of opinion that the annual rental charged on areas of land leased for quartzmining purposes should be reduced to the nominal sum of five shillings per acre." A telegram from Grahamstown, dated June 14th, says that the discovery reported some time ago from Ohinemuri, of a rich gold deposit in pipeclay, .is said to he a deep swindle. The Star's correspondent reports that the general belief up country is that the discoverer only used the pipeclay to get rid of stolen property. The Advertiser gives further particulars, .and amongst others states that James Stewart, the supposed discoverer of the rich yield, was once “ boss” of a shaft in the Union Beach Mine, Coromandel (formerly Green Harp), that the gold sold by Stewart corresponds in value to the Union Beach gold, and that Stewart is now in Sydney. The police had him under sm> veillance for some time. The pipeclay holes have been found, but not a trace of gold. Stewart disposed of about. 200 ounces of gold altogether. The Queen of Beauty’s fortnight’s yield is 812 ounces 17dwts.