OHINEMURI. (FROM OUR OWN CORRESPONDENT.)

Te Aroha News, Volume III, Issue 145, 13 March 1886, Page 2

OHINEMURI. (FROM OUR OWN CORRESPONDENT.)

Paehoa, Friday. Irr the early part of this week Mr J. D. LaMonte paid a flying visit lo Wnihi for the purpose of inspecting the mines, with the prospects of vrliich he expressed himself as being rery highly pleased, but, considering the " show" was somewhat surprised at the small amount of work that Ims been accomplished. Time would not admit of more than a passing glance at Karangahake, but next weu'c he intends devoting a few days to> the inspection of l he mines at that place, as well as those at Tui Creek, where there is some new ore discovery which is said to be admirably suited for fluxing purposes. A letter rereived by a friend of mine from one of the prospectors now working in the King Country, gires anything but on encouraging account of twie prospects obtainable there. Tha writer states that up till the end of last month be had not seen any indications whatever of payable gold, either in a reef formation or as an alluvial deposit. So far the country traversed has not been favourable to the existence of either gold or silver, and if there is a payable field in that locality it must be confined to the interior, because t.ie country for miles inland of the West Coast line has now been pretty fairly prospected without any tangible result. In the face of this disheartening news it is somewhat gratifying to learn that there is every prospect of a payable *ield being developed at Panikawai, which place has already attracted a considerable numbar of miners from all parts of the Peninsula. The reef formation at Parakawai is somewhat akin to that at Waitekauvi, and by some of the old hands it is believed to be the northern rontinuation of the same run. Be that as it may, however, the stone found on the surface is equally as rich in gold and silver as anything of the kind hitherto found in any other part of tho goldfield, and if loose gold and silver bearing stone lettered about the surface are indicative of rich reefs beneath, there is a big future in store for that district. At the present time there are about 35 men located there, with every probability a£ a further increase in the population, which now comprises some of the most experienced proj-poo-tois in the province, and tho field will uq« doubtedly get a thorough testing.