A WONDERFUL MINE.

Te Aroha News, Volume II, Issue 65, 30 August 1884, Page 7

A WONDERFUL MINE.

Thr correspondent of the Melbourne Age writes as follows : — All old colonists will remember tlie Canuoona rn.sh in 1v558 when the vessels at the Circular Quay wore literally besieged with passengers for Keppel Bay ; they came (and s^nm remained and seltled at Rockhampton), the district was generally prospectc', and gold fotnul everywhere, fcjouie two years ago a Mr F. Morgan gave up business in town and went reefiing at Mount Wheeler, ami a very good thing was made of it. While there an old resident of the district looked in and the manager showe.J him round, explained the process, and B'iowed him some specimens. Said the resident : " I have lots of stone like t <at at my place, but. I hear it is iron si on«." The manager said :" « I am coming out your way next, month, and will give you a look up." He did so, and the consequence was he bought the ssction and some hundreds of acres at £1 per acre, and quietly took up, with tiiiee or fotti; townspeople,/ a mining

aie.i Miificient for tluv purpose. This is known ats .>lount M >ryan, and is one of the mo«t wonderful t*old mines ever hoard of in tneso colonies. They call it a u blow up." There is no reefing, no tunnelling ; simply cut the hill away, and shoot it down to the stampers. Theue are two engines and batteries, ci m 1 some eighty meu at wotk, and the yield is some (Jo/.s or 7ozs to the ton of v^ry line ijold, wortu -Is 1| an ok The tiiilinys are c^ivfully saved, an I are expected to yield more than this — the matter to crush is inexhaustible. A share in this mint* is now )ieldin# from £3,000 to .£3 000 a man per month , and with w.acr and the plant now erected, will nive £3<),o<H) a ye.-ir per share Tluee v\ M*e sold l.isl. month for .-t'(i":,0>)0, and one s'lare •>f this Me day Foilowin:^ for oS'i'o,ooo, v hi<"h s'.i.ire ha^> lieeu divi led amoui» se\eral local residents. There have been several other claims taken up in the, district which may prove as profitable, as it hardly henns likely tl.nt tiie whole of the treasure siiouhl lie in one spot. It has been kept reinaxkably quiet, but the ti'iie for keepiiii,' the wonder dark ha< pa^sed. The mine is •*om<* twenty miles from Hockliampton, in a south-westerly direction.