Page 3 Advertisements Column 1

Te Aroha News, Volume V, Issue 253, 25 April 1888, Page 3

PROS P X CTUS or TinrilE 4 KOHA (^ILYEH AND /^OLl) Tt/TINIXd /"<OiMPANY (LIMITED), WAIOROXtJOMAI. KEW /,10\lwVNr». i'MHTAL. 1*200.000, in 200.000 Sii\kis ,»i L'l i:\cn. One hunched tluni-and (100,000) Shates, issued as paid up (o l.v- v<w\\, io <±>\ to the piesoiit I'ldfn nMoi-«. One hundied thousand (100, OOO) Sli.ires tci be olleud (o the I'e.blu nn the Killow inj4 leims — ii c (5-) pei Shaieon .ipphoat ion. a\u] Five !Shilliiiu;s \~ts) per on allot nietit. These Shaies, on allotn.ent , vv ill be i-^ui-d as pud up (o liis »..u h, and .ul f*liai c-> will then I,lllk alike. The amounl u\ili-ed I>> the issue ot the -aid 100,000 Shaies ( LbO.000) will lie dealt, with as tollows • Tie sum o! 1*20,000 ca-ii to the original Ovvneis oi (h° l^opeities Tic balance (21,000), 10-s nviu'ii^i^ <it hn mat ion ot CnmpanN. luviki raice, iVe.. to be placed totheeiedit ot theCompam as a workitiu e\pital. I'kov isios \i, Dim ( 1 oks : \V V "M vi (,|!I"(.O!! AKibouiiii I C. \V. ( II\PI\IA\, "Melbourne. W 1 V -VI I I MiN I '"• H>OX ,1 "Mi I'OSH CLARK. AucJand \ Z. 11 1 iOK^ : Ml^^i;^ I>l \KI iV I\K'<'Al ! . Quem-siu" !. AlcUmhi, in . H VNKi us : H\NIC OF XI \\" ZKALVM). Aleihourue and Amkland 1)KO1CI Hs ; t'll \PU \\ S: , Melboiuiu Sh\ Ki.r vuv mro. tern.) • \\ M K\O\. Li. Queen .street. Meihouinc. Ai (. ki v\n A^gi \ 1 11 GUiFlbl-AV .H \.. To. Quoen-btreel. Au. k!an 1 Thi- Compam isbeiuiz toimed foi the pur[iose ot ,u'i|uinti'j the Battery Cotnpaux .*• inoiXMt> at \\ aioroncaiini (Upper Thames, N. '/..), cooether "with the New Tind Mine, the Sih'ei lviutr Mine, and % uious other Piopeitie* 111010 pai tieul.uly deseiiSed in the sub]oincd lepoit?. The Xcw Find Mine ha- been a fail t t;old produeei toi -ome time pas( (ovei 26.000 o/-. having been cxtiaeted), hut \ei\ leeenily it \\<is found th.it the supposed wall was a sihcr-beaiin^ lode, the value ot which is nhou'n b\ -uh|oiued o^aj icsttHs. M.r. W R. Wfi-on (a prn\itional director, and one oi the vendoi *0, has ieeentl\ inspected the piopeitv and its lecoul- caiefully. and ha- tonned a aen hitrh opinion ot it;- value, the con-ideiatioii paid b\ him fur an inteie-t iicititr L' 29,000 in cash The leport?, etc.. In Mi. Adams, the manager ot the mine lor it- foimei ownei(Me?«r^ Firth and Claikj. may be taken a:> ab-olutely tiuihtul in eveiv. le^pe^t", and lie remains in chaise of the piopeitv .1 yeneial man i^er, haviuu; declined exaetlv double the -alar\ he is now ieceivin<j to come to AusLiaha, thu- sJuivv mL; hi- belief in the tutine ot the mine. The amount at eiedit ot the Company, neaily L' 20,000. will enable the direetoi- to at once seeuie the mo-t -uit'ible additional plant and metallmtrical skill tot the deal ment of f hc oie-, and a vi^oiou- policy of development will at once be adopted. It may be jxu'nted -mt that the vendor- to this Company take no pioiit in cash, bein fr -'iti?tied to await le-ult- and pioht-, to the obtaining ot vvhiHi then own and the clircccor'c be^t, clloit? will be diiectcd fotthwith. itKPOKT OX I'Hr. MIXH BV MR 11. 11. \DAMS. W \ioKt)N(a)M \i. '."th "Vlauh IJLV. ! 111>v 1 -die hopnur to mnnsli you with the following IJepoit on the Klines and Kediieiiu r ork 01 the Hattciy Company at \Vaioiongonuii. I'npei Thames '! 'it 1 Red iking \Voi!-.s consist ot a battciv 01 40 stamp*, i- m C boxes of f- head each, stami)ei-> %vci-rlnng Wb> . 5135 l 3 boidans 5 feet 0 inches, in diainetei. with drags and all necessary gearing; oik ~j>2-iikli Whitv^-llowell levohing loaster. etc -this machmeiv is diivcn bv live I'clton ■\\ heels and 1? thorousrhly housed : tno water races capable of carrying 13 sluu c hi ads of v\ ater; also a ri"ht to the W.orakau stre.i'n, which, when conveyed to jour piesent sujijih will incn'a=c'the amount of about double at present running The head ot water at the nulls is 22 - 1 teet and. whcie situated, commands a con tiohng position ov er the Te \roha tJqldliehl->. "'I he distance from the Reducing Woikstothe paitot the mine known as the Kew Find, now being woiked, is about two miles m length, with an elevation et si\to"n hundied feet. The imncjnd reducing works aie connected bv a tramwaj which was leased b\ the late Hatterv Company tiom the Piako Coun'j Coancil ior a term 01 ten \ oav-. .11 1 n ntal ot one hundred pnundsper annum. The cost of con^eving (Hunt/ ov ci this tiamw.n i- two -lulling-, per ton and is constructed through heavily wooded countrj, and all fnewood uviuired at the ■woikjs/an he cut and delivered for tluee shilling per ton. He low will be found a detailed iinemon of reducing works and tram Wc'y. 'I hue are about twelve thousand ton' ot tailings -.tacked at the leducmg woiks awaiting treatment, the assay value being 25s per ton. and. with the present mode of treatment, leaves a pront ot about 6s per ton. \ our Tiiinin^ area consi-t= o' 17C 1 fines, whit h wa- held 111 the toi 111 of small ( l.nms ot about five ac v's eac h pre\iou-to v our purchase. The total length on the main tis-ure vein is 117' rhaii^. wliuh crops out the' whole distance, and in one pla< c fully 000 Ket in height . and 1 might 'mention thai wheieam woilc has been done gold and silver has been met with. The vane-rroni 10 to 40 teet 111 width, and runs noitli and south, whh u slight tttider!a\ westerly. There are also a number of branch \ein>. whuh leavi the mai'i li-aure vein on the eistem'-ide. and their course is about north-oast and >ai\ 111 width 11 1 0111 10 to 2 leet There are also two veins leaving the mam nS-un* a ''in on the westeslv side, and about 4 teet m thickness. The c c veins run through a very fa\ourable ( las-, ot ( oumry, and uold has been obtained in all p.uts where the veins have been woiked upon, and the amount ot capital expended in pio-pe>. tins; the whole ot vom property has been hunted, and theie i- no doubt that fmthcr prospecting w ill produr c satisi.n toi v retui us. The low c-t lc\ el woiked on the main vemis in the Kew Find mine, wlm h i-; about 300 feet from the surface. There are now being drhen two cio-sc uts to cut thispait ot the main vein a turther depth of I^o feet, which will beacon on plan tinted vtllow. A win/c has <iKo been started from the 330 feet lev el toconnec t with the new 450 leet level, is now sunk about 10 feet, ane the stone treated Jrom it ha-, yielded 20/. ot bullion to the lon. valued at £2 13- per o/., bv tree milling pioce-& without having been previously roasted, and leel certain that the treat ment has not sn en more than 50 pei cent ot the assay value. The Kew Pind Mine was woiked bv the Kew Find Company up to the end of last ve.ir, when it was purchased by the Ritterv Company. The New Kind Company worked onh the free nulling portion of the mam \ cm, leaving all retractorv ore standing. Alter the Batten Company be< dine piopnetor-. 1 got dull holes thiough this refiactorv oie at ditleient points lo"' 1 a distance 01 150 feet in length on the mam vein. Attached is a copy of as-av » made Irom the borings of these dull holes, and nidging from what w 01k has been done, this deposit varies tiom : 10 to o feet in thickness, and i- much higher in \ alue in the 300 feet lev el than ahnv c. and also jnorc refractoty. and have discovered a similar class ot oie on the surt.irc ar the cxtieme not ihr ;rn bounclarj of your property. Copy of us-ay wlm marked " lleio " isatt.ui.ed. Your property po^e-ses great natural advantages toi minum operations as it can be worked in ion for a depth of 1,600 feet by tunnels and natural drainage. The "tiriace. being heavily ■vvo'oded, l>olcls a cla-^, of timber suitable tor minmir purpo^es and I fee] (juitc sure that, when 7 jr o ucrly prospected and opened uu, and the necessary m,u hmerj procured lor the successful trca'i'ment of the ore. it will prove a veiv protitable investment, and ictiiin a satislactorj inten^t on the capital expended. Til <-' amount of stone ti edited at voxn re<lu< in_r « orks up to <l.itc i<3 20 161 tons, yielding 26 4100/ ot {.-old, \ allied at about l 2 14-, per o/.: aUo the value of the tailings remaining untreated i rM\\W\U- should add to the abov c returns. J liave the honour to be, Sir. Your ino^t obedient servant, H. 11. ADAMS, Manager. j V via i pi.k Ton. ... Description o! i Date. Mine. < Sample. (Jold. Siher. Total. Value. -tfrfl or. dwt. o/. dwt. 07, dwt t s. d. Dec?) Nrw Fim>. I^ase Mineral. 1 lr)l r ) '43 5 4) 0 14 1;; 4' oc, .. |20 47 0 40 0 16 12 6" '• og '" ! 1 '} 32 15 0 10 10 9 T lm J " 7 !! ! 2 0 35 16-6 47 166 16 86 1 7 ' „ ! 4 16 , 164 1 169 0 48 17 11 ', "7 „ 3 0' r J ;, 12 b 13 14 o| "71 „ 1 b , 20 1"j 2A 0 817 9J ' in j i J 16 1 Ui 9 64 b IS 9 10' " 10 1 ' 3 10 7t 16 79 6 27 19 h "' -,] .. , j 2 12 36 16 39 8 17 7 6 ' ]] . ' 2 0 26 0 28 0 12 19 0 iq . i 1 0 10 0 11 0 519 0 '" {r " .. • 1 16 3S 10 37 6 13 lh 5! '" 14 .; . ' 1 4 37 16 39 0 11 13 1' ■ 6 .. ! 0 <\ 116 10 110 T "• J6 ". „ I 0 B 10 4 10 13 3 9 3" -' 0 .. - ] ' 4 lf) 18 17 2 ?16 1 •• 16 .. - 0 14 911 10 b 412 2', " \a „ ! 1 4 20 13 21 17 93 0 - J .. ' .. 1 1 6 32 4 33 10 11 1 ]0' •' \n \ „ I 2 Of 60 0 62 0 18 18 0 -„,;;, q "IIkro." -This sample is from the ex- 1 b ' 32 b 33 10 10 11 0 ; REPOItT ON SILVER KING MINK. Waiokontjomai, 26th March, 1888. I u,\\ 1 the honou v to report on the mining property known as the Silver King. The ground comprises about fifteen acres, and is situated on the top of the second self-acting Tade of the tramway, know n a,s Sutler's Spur. " The reef in this property has been prospected for a length of 1,100 feet, and varies in width irom six to si\teei\ feet, showing silver and gold in ever> place where worked upon. A list of a&S T"ro"'icut < is < nu'W being driven to cut the reef down a distance of .about- 60 feet, which inav be expected to lie reached in the course of a month. "Another reef appears on the western portion of the ground, which is about si\ feet wide, Cal^nie ff m?nVhas i Vxccllcnt natural facilities for working, being easily connected with the present tramway. The surface, being wooded, has the necessary timber ior mining operations. I have the honour to be, Sir, Your most obedient servant, H. 11. ADAMS, Manager. 1 „ Value pkk Ton. _ T . Description of Date. 1 Mine. Sample. ! I Gold Silver. Total. Value. J7J3 ' oz. dwt. or,, dwt. oz. dwti cs. d. Fob'? • Silver Ki>*«. , Mineral Dirt. I 3 0 33 0 36 0 18 17 6 Jc 7 rlW''r IW '' ' „ I 510 131 10 137 0 46 2 3 "7 " „ 1 0 12 0 13 0 6 6 0 *' /. I 3 10 65 0 68 10 26 1 0 " t) ' \ „ 3 10 63 10 72 0 26 13 3 "' it ! " „ &10 131 10 137 0 46 2 0 11 ' " ! „ 10 12 0 13 0 6 6 0 " oi ' " .. 2 0 34 0 36 0 14 1 3 Mar. 2 i !.' ♦• 3 ° 24 0 27 0 16 18 0 All details required, together with full inventory ard particulars of titles, Sec, may be inspected at the Secretary's office. Note.— The above is printed Cor public information only, as all the shaves are allotted.