TO THE ELECTO -N OF THE East Coast District. TVrR ALLAN McDONALD will address bis Constituents at 8 o’clock on MONDAY EVENING Next, the 23rd inst., at PARNELL & BOYLAN’S HALL. 492 DR LEGGATT has REMOVED to thf Residence latelv occupied bv E. tTWARD. Esq., in J.OWE-STKEETI Hour of Consultation—ll to 12 and 6 io 7. fit' WANTED KNOWN that PETER NIVEN is a purchaser of W..«l and S'o-ep-skina for CASH ’ It' E ROSPECTUS OF THEChampion Copper Lode Company, aXT e 1 s O rt.
To BE REGISTERED WITH LIMITED LIABH.ITY UNDER THE “ JOINT &TOUK COMPANY’S ACT.” CAPITAL, £30,000 in 30,000 SHEARS of £1 Each, with power to increase if neeessaiy, vhieh is not probable, as the facilities for working the Mine are remarkable ; the Copper Lode running up the fa. e vf the fountain to a considerable altitude, conse quently pumping gear will be unnecessary for a hmg time. 2m per Share to be paid on Application, 1 per Share on Allotment, and 2s per Share three months after date of allotment. (2| per rent will be allowed to any person making full pAvmeiitH of the 5s per share on application.) Calls not to exceed 6d per Share us intervals of nut less than one month, at required. Ihe principal Office of the Company will be at kelson. PROVISIONAL DIRECTORS: F. W. I yixe, M D. ; David Jounstjx, J P. P. B. Adams ; M. Davis ; 11. D. JavkBON ; BvkOHAUD FkaMXKX ; CAFF. W. 11. Wuaii ; it. 8. Lluab ; F. Hamilton, (BnxUm & Co.) ; A. D. BAmttLfc ; and J. Rughfokt, C. K. BAN KE ltd : The Union Bank of Agstualia, (Limited,) SOLICITORS : Adams and KingduN. This Company is formed fur the purpose of working the copper deposit* within the lease to be transferred to the Company, and luuro especia ly th© copper lode known us the Champion Copper Lode, ditcovered in thft mineral belt near the head of Aniseed V’alluy udjai’.-nt to the junction of t e and m.igursiau rocks, and running parallel with an Elvau djke. This discovery has proved the opinion expressed by the laie E. IL Davis, liiu eminent Qoveinment Geologist, to lit correct, winch will be seen by the following extract from his report on the geology of Ilic Aniseed Valley District, iXeison, published in t e Near I»7L 1 am fully convinced l-hul there is a deposit of copper ore sumew ere in the d strict, but the serpentine so completely obliterates a.l indicai ions of its locality that it. is dilliii.il to come t»» any comshißion.” Tua beaiing of the Champion Fude is about norih'-east, with an apparent dip lo Li.e ruatward, Ine ore uoiiNists of red oxide, grvj orc, nd curbonutea, very ricii in qua.iij, assinn s owing 30 to 80 per cent, of metal : veins *f native jopper have also been found plent fully running ihr ugh the ore. T..e outcrops of ore are found on the face of the mount am, the lowest uutcrop being about o'u feet iiom the civek, and at an e»evut ton ot about 4U feet. A culling has been madobv the present proprietors a In lie above the crerk to the first, outciop, with the result ll.ut t e Ore is under foot, and a face 2o feel in i is now s owing u»e Tne second oulvrup, about 4U fret iruin the Hist, continues io- ab ut 3 • feet. T> e third out- rop ii* about 6o ieet from the second, and ti.e f.iurt i outciop abwUl. oO fret fium the third ; t ere arc various other ludica ions of copper, shutting the copper bra ing nature of the jock. The great extent of these on C'ups; the rich qualify of tnc ore ; t e lacililics ufford, and cutisrqiient cheapness in wu>k:ng t ,e mine, r Utter the undertaking one of ex cept uimi vn.uc. A \en cousi'tv able quantity of ore can ut nee be < b'aiin-d und b.uug t inluthr market un -oOi. a.-* C. e lO’t-i >an lie iomp eled the mill. . T e toad tit pes 'ii' tn d is about 15 Hilles fioiit the lie .• Kui.wa.i .Milt l>n to tor copper ouici’t ps, the first 3>x m les bring a <lrav r<ud» I run huise tiack f r about six mi es, amt the lust t • rctf miles u foot track. The p ■ sei t p o t ririors have expended cunside able time ami mmic) On tor tnicks. The proprieto s to rerrivr s mr< s. ami I'l.l 0G »n .as , of wl i.-h £'(»<» is t<. b.« pam on the rrgislrdiou of <" f.mi a .y. and C 0(» from the pr durr of ti r mtm- ; p «• <■ i t - of -urns realised to be devuted lu this pttiq u»<until t-e fc. oi> is aid. 'I hr B<‘<» ur.rs of hind to be triinsfrrird to the Cutup'ii? nr.- h hl b( l-ine from the Ciuwn .•r 21 vraif* f • .‘in Ibe Is! .limitary, 1882, with n • Hif the Sl.ifnrr. w' i h is alutmbmt H. uan’i'y ami suitnhlr for all mining purposm il rirw also H good supply -f waler oil ti c giuim I f"‘ dressing t >e ore ami for workiiqApplies ions for s’mres to be made through the Com any’s Bunk in Nrls-m, or thr.mg Aliy Branch of t'ir Union Bank in t e rohmy. It i« anticipated that the Mkuiv list will be omplrted and r|«»srd in a very a > rt time, when Directors will be chosen and wpciutious commence wi'h vigorrl. Applications for S’ area mu-t hr made enr'y of Mr II E JiiHN-m'N. at I e Wl urf, who has been appointed \grnt. At a Meeting of the I QV s until Dirertoie he don Thursday, th Octubar, the following Krsoliiiioiis we e ass. d : — I. To add t.> the Prospectus that all the Pi op> irtors have pledged l lirinsclvrs hot to sell their propiielury shares until the whole « f t o < ’<»!«; aiiy's shareß are sold, or until the expiiation of 18 mont's from thu date of ths legist in ion of the Company. 2. That the Company • l, a |j nu (, considered fmimi'l until 12JHIQ shares have been subl exclusive of the prop irturv shares (<i, 0 03. That no wmks be entered into, the estimate i cost, of which s all ex■ eed £2, GOD, wrh Hit the consent of uu < xtram-di iary general meeting < ahed for th express purpose of sam-ticning such expemli' ure. 4. TI ut Mr W. tl. Webb, uf Messrs Bayfeild and Webb, be Bccrrfury to the Company, pro Itm. ( Agents for the side of scares have been ap< pointed in most of the principal Tonus in ti t Colony. II K JOHNSTON, ■ 4S> 8 de Agent foe Chub, rim. 1 17.
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Poverty Bay Standard, Volume X, Issue 1180, 20 October 1882, Page 3
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1,121Page 3 Advertisements Column 3 Poverty Bay Standard, Volume X, Issue 1180, 20 October 1882, Page 3
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