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Public ConvDanies Prospectus OF THE NEW ZEALAND SILVER MINING COMPANY, LIMITED, Mount Rangitoto, County of Westland, New Zealand. Capital:— £4o,ooo, in 8000 Shares of £5 each, payable as follows Five shillings on application; five shillings on allotment; the balance on calls not exceeding two shillings and sixpence per month. The Company will be registered immediately applications are received for 5000 shares. Head Office to be at Dunedin or Wellington, according to decision of a majority of shareholders. Provisional Directors: Messrs. S. M. South, J. R. Hudson, and Henry Young, Hokitika; Dunedin Broker : ML J. B. Bradshaw ; Bankers; Bank of New Zealand. The object of the proposed Company is to work a Mineral Lease of 500 acres, situate at Mount Rangitoto, Comity of Westland, formerly known as Hudson’s Lease, which Lease has been since purchased from the Waste Lands Board by Mr. Henrj Young. The Lease is known as No. 2, West of the Mount Rangitoto Company’s Mine. The area secured is 500 acres, on which two distinct lodes of ore—one fifteen inches, and the other varying from three to five feet in width—outcrop. Mr. Arthur, Mining Surveyor, who has recently returned from completing a survey of the Lease, reports as follows: “ I may state that in addition to lodes formerly reported on, Mr. Palmer, one of the original prospectors of the Mount Rangitoto Silver Mine, who kindly volunteered his assistance in the survey, discovered a large lode in one of the creeks running through this Lease, the position of which you will see on the plan, and marked ‘ Quartz Reef.’ The Reef is from fifteen to eighteen feet in thickness, and bearing east 13deg. south,' and west 13deg. north, underlying to the north at an angle of about SOdegs. This lode is in a direct line with those now being worked by the Prospectors’ Company, and shows both Galena and Pyrites. Mr. Palmer also discovered a great quantity pf stream tin in two different creeks in the tease, some of the boulders being from two to three hundredweight. lam of opinion that an immense tin lode must also run through the lease, from the quantity of stream tin in the two creeks.” The original prospectors of the Mount Rangitoto Company’s Mine also report as follows upon this Lease:—“Two lodes of ere similar to those in the ‘Mount Rangitoto Company’s Mine outcrop in this Lease, one of fifteen inches—the other varies from three to five feet in thickness.” It is proposed to engage from California a thorougly competent and experienced Silver Mining Manager, and to have .the mine developed and worked on sound scientific principles, and with the latest machinery. As there is an abundant supply of water and timber in the immediate vicinity of the mine, and the Government have; now in progress a line of road which will connect the Mount Rangitoto Mines with the Hokitika road, it is expected that the working of the mine will be conducted with facility and economy. Samples of ore from the Rangitoto’s Company’s Mine haver been proved by Professor Kirkland, of the Melbourne University, to contain respectively three hundred and ninetytwo ounces, and seven hundred and thirty-five ounces of silver to the ton. Dr. Hector, in his Eleventh Annual Report, 1876, on the Colonial Museum and Laboratory, Wellington— Reports having obtained from a sample of Rangitoto ore a yield at the rate of five ounces fifteen pennyweights nineteen grains Of gold per ton. Reference is also directed to “results of analysis No. 1855, locality Mount Eangitoto, obtained at the New Zealand Geological Survey Laboratory, which read thus:—“The amount of gold in No. 1 is ten ounces two pennyweights per ton.” On transferring the property to the proposed Company, the Promoters will receive 2000 fully paid up £5 shares, and the sum of £IOOO in cash.

■ Early application for Shares will be necessary, as the Promoters confidently expect applications for fully double the number of Shares to be allotted. Applications will be received at any of the principal branches of the Bank of New Zealand throughout the colony, or by ' , HENRY YOUNG, Hokitika, Interim Secretary. Or E. A. LEARMONTH & CO., Brokers for Westland. Wanted ANTED, a Young Man for a of Trust in a mercantile establishment in Wellington ; references required. Apply by letter, M.N., office of this paper. WANTED, a first-class Waiter. Apply to Jas. J. Anderson, Commercial Hotel, Wanganui. AN experienced. Saleswoman and Milliner is open for an engagement. For address, apply W. & G. Turnbull and Co. DRAPER’S ASSISTANTS wanted immediately. Kirkcaldie and Stains, Cubastreet. ' TO ENGINEERS, &c.—The advertisers, two young men, lately arrived from England, desire immediate employment in above works. Having been with the largest firms in London for many years, they are competent to undertake any kind of Engineering or Brass Finishing. Address—H. Nell, Post Office, Christchurch. TO Ironmongers, Merchants, and Others.— Wanted situation by a young man accustomed to Counter and Road. Address, Birmingham, office of this paper. O ACCOUNTANTS AND AUCTIONEERS.—Wanted a situation in office of above, where the advertiser would have a prospect, after a few months, Of obtaining a junior or other partnership. Testimonials, &c., on application' to Alpha, Times Office. ! WANTED KNOWN, very best hair-cut, 6d. ; best shave, 3d. Competition challenged. Manners : street Saloon, opposite New Zealander Hotel.— P. A. Jones, Manager. WANTED KNOWN, highest price given for dairy-fed pork, at Moverley’s Pork Butchery (late Beavis’), Willis-street. WANTED the following numbers of the New Zealand Mail, 1876 :—Feb. 12, Feb. 19, April 8 (2‘copies), May 27 (2 copies). Address Manager, New Zealand Times. ANTED KNOWN, that there are for sale cheap at the Wellington Coach - Factory—l butcher’s cart, 1 light spring cart, 1 heavy do., 1 spring wharf dray, 1 wharf dray, 1 contractor’s dray, 1 second-hand spring cart, 1 brake with stationary pole ANTED KNOWN—That THOMAS MYERS, Picture-Frame Maker and Gilder, opposite the Theatre, Lambton-quay, Wellington, has always on hand a select quantity of oleos, chromos, and engravings, by Birkett Foster and others, to choose from, unframed, and also framed to order. Pictures mounted and frames regilded, oil paintings restored and varnished. ’ Glass cut to any size.

ANTED KNOWN, that the Tims has the best assortment of POSTER TYPE in the city, and can supply the wants of the public in bills of any dimensions, in plain or colored inks. WANTED, orders, for Ball Programmes A very choice assortment of ornamental cards for this purpose in stock at the office uf the New Zealand Times. TO MEDICAL MEN.—For Sale, within three miles of- Gristchuroh, a good and increasing practice, worth at present about £4OO per annum.' Apply tid ; H. MATHESON AND CO.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZTIM18770219.2.21.5

Bibliographic details
Ngā taipitopito pukapuka

New Zealand Times, Volume XXXII, Issue 4964, 19 February 1877, Page 3

Word count
Tapeke kupu
1,099

Page 3 Advertisements Column 5 New Zealand Times, Volume XXXII, Issue 4964, 19 February 1877, Page 3

Page 3 Advertisements Column 5 New Zealand Times, Volume XXXII, Issue 4964, 19 February 1877, Page 3

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