THAMES MINING. (FROM OUR OWN CORRESPONDENT.)

Te Aroha News, Volume V, Issue 247, 17 March 1888, Page 2

THAMES MINING. (FROM OUR OWN CORRESPONDENT.)

Tiivmf^, Thursday. Cambii.i. — The fortnightly cleaning up a-ul letoi ling tor tliis company produced '2oouz< gvld For \})]* yield, which i* ! mete tli.m payable. 140 io;uK of quai to* | were cn^hed lor 1500/^, and 72 pounds ! picked >tone i)lo/^. The latter was of 10 illy good quality, h.ivii.g yielded at tiio iatc of J^u^s gold to the pound. Svxon. — This mine is on the the whole looking well. The principal works now in piogiess arc the two winzes on the main teet! below No. 4 level. The lode in the bottom of each is a kindly body of str>no containing minerals oL' a favourable nature, and good colors of gold are observed, although no picked stone has been obtained lately. The slopes aie producing quartz oi! the u^ual payable givide. Mcls.ucs' (Marototo). — A pnvate telegram received here states that 'his claim has been taken o\er by n Clnisstehuich Co., who purpose systematically wcrking the giouml, and will probably erect the necessary machinery. Clunes • — Messrs Dnnlop and Blair have pegged out and applied to the Warden for a special claim of 50 acres situated in the Moanatairi creek. : On the whole a very hopeful feeling | prevails through the district regarding mining matters, and signs are not wanting of revival in this important industry. L-irge areas of ground have beer pegged outin the Upper Tararu, Moanatairi, Karciku, and Hapo creeks, though in the majority of cases it would appear that they have been secured more with a view to introducing outside capital todevelope them than | to woik thegtOiind with local capital, ■ — . — — — — — — —

With reference to big nuggets, acontem poiary says :~" The luckiest ' find' evo made in "California was made- by a man named Finney, who ' turned up ' a solid lump of gold near Downieville, in 1866, that weighed 5000oz, worth £18,000. This was the largest nugget of pure gold ever discovei cd. Heretofore the Australian nugget, found in the Balhirat goldfields,hatl been considered the largest. It was valued at £15,000. This man Finney, or 'Old Virginia, 1 as he was called, went to Washoe and" there he made the great silver dis, covcries, where the ' Comstock ' lode was located, and where Virginia City, which was named after him, stands. Pie died m gieat provoity,