GOLD DISCOVERY

Sun (Auckland), Volume I, Issue 252, 14 January 1928, Page 5

GOLD DISCOVERY

IN NEW SOUTH WALES The Under-Secretary of Mines, Sydney, is in receipt of a report from Mr. M. B. McGrath, inspector of mines, on the recently-discovered gold find at Sugarloaf Mountain, about 12 miles from Eden, New South Wales. The discovery is on Crown lands, and the prospectors of the field —Messrs. and McLeod—have applied for a lease of 12 acres 1 rood 18 perches. Numerous applications in other interests have been lodged for similar titles of the surrounding land. From the prospectors’ area about 35 cwt. of stone treated at Port Kembla smelting works gave a net return of over £270, being at the rate of about 40 ounces to the ton. Very little work has been done outside the prospectors' area. Samples taken by the inspector over a width of two feet near the bottom of the 20ft. shaft, from the surface of which the rich ore treated at Port Kembla is understood to have been obtained, gave a return of soz. 3dwt. lOgr. a ton. The gold-bearing lode", with a definite trend in a general north and south direction, has been opened up at intervals over a length of about 350 feet. The gold occurs in exceedingly fine particles. There is abundance of timber in the locality and a good supply of water, but a certain amount of road-making will be necessary before machinery can be brought close to the mine.