KARANGAHAKE MINING

Sun (Auckland), Volume I, Issue 135, 29 August 1927, Page 2

KARANGAHAKE MINING

SYNDICATE TO WORK FIELD PAYABLE GOLD AVAILABLE (From. Our Own Coi'res-pondent.) FAEROA, Saturday. Reliable information has reached Pae- ! roa that a substantial Auckland syndi- : cate has been formed to erect a small I battery plant of the site of the Earl of ; Glasgow mine at Karangahake, at the present time being worked by J. B. Morris. A crushing plant on this once- ; famous field has long been advocated, ! and it is good news to hear that money , is forthcoming to work the mine and furnish the plant to treat its output. The promoters of tlie company feel ; quite sure that the proposed expenditure will prove profitable to the company. , A short time ago some picked stone was secured from this mine, and the assays proved highly satisfactory. Ever since the Talisman and Crown j mines ceased working, prospecting has been sfreadily going on at Karangahake, but nothing rich has been discovered. Thirty years ago, when Karangahake ; was in its prime, and the Talisman and 1 Crown mines were unearthing many thousands of pounds worth of gold every j month, Karangahake was quite a lively , place, with a population of 3,000, as against 150 to-day. Karangahake is not a poor man s gold- , field. The large reefs are not rich, and require capital to work and develop , theip, but the old miners declare that there are several reefs on the field that I the comparatively poor man can turn into i profit if they could get their quartz j treated at a reasonable cost. The Government has from time to time been ■ approached to subsidise the erection of a battery, but the matter was turned down, the Minister of Mines remarking: “Lfet me see you get the golden stone first.” That there are some rich leaders existing in the locality has been made cer- | tain by previous discoveries. Some stone j that has yielded as r much as four to five ounces to the pound has been taken from what has been known as specimen leads. Even rich gold has been blasted from the boulders in the river, which proves that they have come from some of the undiscovered rich loads that the eye cannot see. With the renewed interest which is being conspicuously manifested in Karangahake of late, there is no reason to doubt that sooner or later some .of the hidden rich deposits wirl be discovered, and bring well deserved reward to those men who are working their claims manfully, and have entire faith in the future.