Page 3 Advertisements Column 1

Poverty Bay Standard, Volume X, Issue 1172, 11 October 1882, Page 3

MUSIC. AO J- T. CRAWTORT), Pianoforte . Tuner and Repairer of Violins and Pianos, has arrived in Gisborne, and has takdn up his residence at the Turangauui Hotel, of which Mrs DeCosta is the Proprietress. He is also prepared to teach Music on the Piano and Violin. All kinds of Musical Instruments tuned and repaired on application to— MR. J. T. CRAWFORD, At Mrs DeCosta’s 454 .Turangauui Hotel. TENDERS. ft TENDERS wanted for Carting Sawn Timber from Ormond to Gisborne at [ per 100 sup: feet, also shingles and palings. I Tenders close at noon on SATURDAY, I the 14th instant. Apply to— i 431 C. D. BERRY. TO LEAVE AUCKLAND. HHHE S.S. ORETI, will leave Auckland for this port — TO-MORROW AFTERNOON, At 5 O’clock. R. G. GIBBONS, 460 Wharf. 8000 SHEEP EOR SALE. Apply— NEW ZEALAND LOAN & 457 MERCANTILE AGENCY CO. PROSPECTUS OF THE— Champion Copper Lode Company, nxr e 1 8 o zi. TO BE REGISTERED WITH LIMITED LIABILITY UNDER THE “ JOINT STOCK COMPANY'S ACT.”

CAPITAL, £30,000 in 30,000 SHARES of £1 Esch, with power to increase if neceasary, which is not probable, as the facilities for working the Mine are remarkable ; the Copper Lode running up the fa<-e of the Mountain to a considerable altitude, consequently pumping gear will be unnecessary for a long time. 2s per Share to be paid on Application, la ’ per Share on Allotment, and 2s per Share three months after date of allotment. (2| per cent will be allowed to any person making full payments of the 5b per share on application.) Calls not to exceed fid per Share at intervals of not less than one month, as required. The principal Office of the Company will f be at Nelson. PROVISIONAL DIRECTORS : j F. W. Irvine, M.D. ; David Johnston, J.P. P. B. Adams ; M. Davis ; H. D. Jackbon; Burchard Franzen ; Capt. W\ H. Webb ; R. S. Lucas ; F. Hamilton, (Buxton & Co.) ; A. D. Bayfield ; and J. Ruch fort, C. E. BANKERS : The Union Bank of Australia, (Limitad,) SOLICITORS : Adams and Kingdon. This Company is formed for the purpose of working the copper deposits within the lease to be transferred to the Company, and more especially the copper lode known as the Champion Copper Lode, discovered in the mineral belt near the head of Aniseed Valley adjacent to the junction of the limestone and magnesian rocks, and| running parallel with an Elvan dyke. This discovery has proved tl e opinion expressed by the late E. H. Davis, the eminent Government Geologist, to he correct, which will be seen by the following extract from his report on the geology of the j Aniseed Valley District, Nelson, published in the year 1871 : —“ lam fully convinced that ! there is a deposit of copper ore somewhere in | the district, but the serpentine so completely obliterates all indications of its locality that it is diffiiult to come to any conclusion.” The bearing of the Champion lode is about, north-east, with an apparent dip to the eastward. The ore consists of red oxide, grey ore, ind carbonates, very rich in quality, assays showing 30 to 80 per cent, of metal : veins of native copper have also been found plentifully running through the ore. The outcrops of ore are found on the face of the mountain, the lowest outerop being about 55 feet from the creek, and at an ele 1 ration of about 40 feet. A cutting has been ! madoby the present proprietors a little above I the creek to the first outcrop, with the result : that the ore is under foot, and a face 25 feet ■ in height is now showing ore. The second \ outcrop, about 40 feet from the first, eon- i tinues for about 30 feet. The third outer- p i is about 65 feet from the second, and ti e ' fourth outcrop about 50 feet from the third ; there are various other indications of copper, showing the copper-bearing nature of the rock. The great extent of these outcrops ; the rich quality of the ore ; the fa- ilities offord, and consequent cheapness in working the mine, render the undertaking one of ex ceptional value. very considerable quantity of ore can at Once be obtained and brought into the market as soon as the road can be completed to tl e mine. The road at present used is about 15 j miles from the Hope Railway Station to. the ! Copper outcrops, the first six’ miles being ui drav road, then a horse track for about six miles, and the last three miles a foot trs»ck The present proprietors have expended considerable time and money on the tracks. The proprietors to receive 6,500 shares, and £l,OOO in cash, of which £5OO is to be paid on the registration of the Company, and £5OO. from the produce of the mine j Zu per cent of sums realised to be devoted to this purpose until the £5OO is paid. The 800 acres of land to be transferred the Company are held by lease from the Crown for 21 years from the Ist January, 1882, • A-itli right of renewal j also the right to the ti’aiber On half the surface, which is abundai.it in quantity and suitable for all mining purposes There id also a good supply of water on the ground for dressing the ore and for working machinery. Applications for shares to be made through the Company’s Bankers in Nelson, *jr through anv branch of the Union Bankin bhe colony. It is anticipated that the Share-list will be completed and closed in a very short time, when Directors will be chosen Bad operations commence with vigoi d. Applications for Shares must be made early of Mr H. E. Johnston, at the Wharf, who huS been appointed Agent; H E. JOHNSTON. ♦ AgM fat Gulw»n»,