THE WAIHI REVIVAL. (FROM OUR OWN CORRESPONDENT.)

Otago Witness, Issue 2892, 18 August 1909, Page 28

THE WAIHI REVIVAL. (FROM OUR OWN CORRESPONDENT .)

AUCKLAND, August 13. There has been an increased interest in" the Waihi field of late, as a result ofwhich several claims have been taken up again. A southern syndicate has the Glad* stone and Waihi East claims to the south--ease of the Waihi. The Romulus and ad* jacent areas of the north of the Consoli- _ dated are held under option by Mr GArnold, acting for English investors, who are forming a syndicate at Home to provide the necessary canitdi for preliminary . •boring- operations. The intention is ta • form a strong company later if results jus-> ' tify such procedure. Walker's gigantic and Central groups are also being exploited at Home, whilst several other areas have been rej»e<rged and applied for, and are likely to be worked before Jong. It. may be hoped that this spirit of revival will lead to a proper fostering of the industry, and that in each case vigorous enterprise in legitimate development {work may eventuate. The day has gone by when, a policy of " pottering about " in shallow levels is expedient. At Waihi the whole aim of future raining propositions should be to "go down."