Page 5 Advertisements Column 1

Te Aroha News, Volume V, Issue 264, 16 May 1888, Page 5

PROSP E C T U S Ol Till. TET E A KOHA ANI) (X 0L1) TMTINIKCi /^JOMPANY (LIMITED), WAIOIxONCOMAL, NEW ZEALAND, r VPITAL : 1200.000, i\ 200,000 8n \ki s oi \'A Even.

One bundled thousand (100,000) Shaie-. i-»ued as paid up to 5s leach, to yo to the pioent, Piopii^toi<. One hundred thousand (100,000) Share- to lie ollerccl to the Public on the following terms :—: — Fi-c Shilling {s^) per Shaio on application, and Fi\e Shilling (•">&•) jvr Shaio on allotment. These Shares, on allotment,, will be ismiccl as paid up to 15s each, and all Shaics will then t.ink alike. The amount realised by the i-ue of the said 100.000 Shaie.s (1150,000) will be dealt, with as folio « s- : — The sum of l! 29,000 cash to the oi initial Owuei- ot the IVopetties. The balance (21,000). less expenses of tonnation ol Company, brokerage, <\:c., to be placed to thedcdit ot theC'omjiany as a working capital. rum mon \i, DiKi:i roKs: \V P Mm OKHXJOK. Melbourne. I O. \V. CHAPMAN, Melbourne. \>. JA.\ui,,u,x MiCUSH CLARK. Auckland. X.Z. SO I. KM I'OUs • MESSRS. ULAKK RICC.ALL. Queen sheet, Melbourne H \nki us : HANK OF NV'AV Zi-'ALANH. M.elboume and Auckland HltOK! H--CHAPMAN .N: WAKLKV, M^elbouine Ski k; r \rv (pro. tem.t • \\ M. KNOX. Id. Queen s>«reet. Melbourne. i t ki \\n A(.i \ i II (tll.KlLli \N. ill v. 70. Queen stioet, Autklaiu'.

This- Compatn is beintr foi mod foi the purpose B \ Conipim - propel U at Waioronuani.il (I'ppei Thame-, X. Z), rocjethei with the New Find Mine tho 'felh'er Kin<i Mine, atul mou- oilier l'lopcitic- moie pat ticulai In deseiibod in the subjoined icpoit-. _ The New Find Mine ha> I ion a tail <_ml<l pmducei foi -ome time past (o\ei 2t>.(>oo o/- ha\im r been extiaittd 1 , l>m \ei\ iorentl\ it w.i- touud that t he -uppo-^ed wall wa-. •\ >iI\CV betuiivj; lode, the \alue of which <- -houn b\ -uliiumod e~^a\ ie-ult^ Mr. R ll^on (a pro\ i-ionnl director, and ont ot the cndoi»), lia^- tecently inspected the pioj>eil> ami it-- reeouU c.i'efidly, and ha- formed a \ei_\ hi^h opinion of irs \alue. the eon-idei.ition paid In linn toi .in mlut^l hemu L 29.000 in ca^h Theiepoit-, etc , I>\ Mi. Adam-, the m mayi 1 o» the niine toi H^ toimei ownei(M.->^^\» Fiith and t 'laik). in,i> be taken a- abMiluleh tinthtnl m even ie-peet, and he lemain^ in chaise of the piopeit\ a <_eneial manajaei , luninLr declined e\ai 1 1\ double the -:\lar\ he is now ieeei\nvj L to come to .^n-Uaha, thn< -how mt; hi- belief m the tutuie of the mine. The amount at ciedit of the C ompan\, neail\ 120.000. will en.ible the dueetoi- to at once the n>o»t suitable additii.tuil plant and nietallui^ical -~ki.il foi the tieat ment of 'he oie-, and a ml'oiou- policy of de\ elo[)iuent will at once be adopted. It ma\ be p-nnted cut that the vcmloi- to tlu^ Company take no pioiit in eo-h. beinsr -.iti-tied to await le-ult- and nioiit-, to the obtaining >^ which ttuii own and the diiecroi"? bet-t cilort- will bednected toi thw it h.

KEPOKT ON I'HK MINI lIV JliJ II 11. VDAMS \Y VIOKOM.OM VI, 2'jth M.IK ll K\ ,' I hwk the horoui to fm rush you with the following Kepoit oi. the Mines and Ut dining A' oik of tli" Battcij Company at W'aiorongonnu, I'npci Thanus The Ucthicinsr Woiks consist of a batten ot4o stampei - in 8 boxes nf "1 hoa<i each stampi i-> weighing : bcidans 3 feet 6 nubes in diametei . w ith drags and all ihii'-mh nenring: 0ne~52-inth YVhite-Howell ie\ol\ing io.Hlt. etc -this machinen is dn\en h\ live lViion whceTs and is thoroughly housed ; two water races capable of. ( atrj ing 13 --luu c h< ads o! watei , abo aricht to the "Wairakau stieam. which, when con\e.\cd to join 1 niesent supph. will increase The amount of water about double at piesent riinnmu;. The head ot watei at the nulls is 224 feet. and. where situated. ( ominands a contiohng position o\ er the Te \roha (SoldliehU. "The distance from the Keriucing Works to the putol the in me known a-, the New Find. now bem <r worked, is about two miles mi length, with an elevation of sixton bundled teot The nnne^md reducing woiks aie connected h\ a ii,um\<ij whuli was leaded h\ the laic Battery Company fiom the lhako Cotii't\ Co.mcil fora term ot ten je.irs, at a rental ol one hundied pounds per annum. Tlie eu»t or (on\e\inu: (iuart/o\ei t hi-, tlainwavt 1 ainwav is two sliillmijs per tor. and i» consti acted through hea\ il\ wooded eountr\, and all lire wood lecpined at tlie work? can be cut and delnered tor three shillings per ton. ]ielo\% will be Jmind a detailed nnenWv of redncincr work^and ti.unway. There are about twehe thousand ron- ol tailing stacked at the redm mi? works awaitm treatment, tlie assay alue bemsj 25s per ton. and, with the present mode of treatment. ka\ es a profit ot about 6s per ton. „,,■,,,• Your mining area consists ot 178', acres, which washcldin the form ot small claims of about five aeies each piewousto join purchase. The total length on the mum Ms-urc \einisH7' chains whuli ciopsoui the whole distant e, and in one pl.u c tulh 600 tiet m heiirht . and 1 in u'liT 'mention that wheiean\ woik has been done, sjold md -ilmt lvi-, him nui with 'I lie vem vaiic- fiom 10 to 40 Uet m width, and run B noith and souih, with a sluchl unileila\ westerly. There aie also a number of branch \ems, whicii lea\ c the main fissure \em on the eastein'side. and their coui&e is about north-east, and \ ar\ in width Imm 10 to 2 fiet r l lv n. are also two \ ems lea\ in«; the mam tissure m'\\\ on the \\esteil> side, and about 4 feet in th'ekness. The-c veins run throußh a ver.N i\i\ ourable < lass of count ij and i;old h.u been obtaim d in all parts where the veins ha\e been worked upon, and the amount ot capital expended m prospecting the whole of 'sour propert> has been limited, and there is no doubt that lui'ihcr prospecting will produce satisfactory returns. The lowest le\ el woiked on the mam vein is in the New Find mine, winch i , about 30C It et irom the surface. Time arc now beinu' drnen two ciossi uts to cut tlusjiait ot the main \im.i further depth of 150 feet, which will be seen on plan unt(ct >ellow A win/t^ ha-> ,il-,o bt < n started from the 300 feet le\ el to connect with tlic new 400 feet 1< vel. h now Mink about 10 let t, ane the stone treated from it has \ielded 20/. of bullion to the ion, -\ allied at U 13s pcro/.,b\ free milliner pi occbfc, without having been previous]} ioasted. and leel certain that the tn.it mont has not mven more than 50 per cent, ot the assay alue. The New Find Mine was woiked b\ the Kew Find Com pan v up to the end ol last \ear. when it wa-s purchased by the Hattcr\ Company. The New Find Coinpam woiked onl\ the free millintr portion of the main M-m. ]ea\inic all refi.ictorj oie standmj,'. \ltei the Hatien Company became proprietor". I <j;o\ drill holts thiouuh this reh.itloi \ ore at diileient juunt , loi a distance of 150 feet in length on the mam vein, .\ttached is a < n\>\ of a-s,i\s made noni tin bonnqs ot the>e dull holes, and )udi,'ini; liom wluit w oik has hot n done thisdeposit \aiusiioin 10 to 3 teet in thickness, and is much higher m \alue in the 300 lett level than ahoy c, and also more refractory, ami lm\e discovt red a sitnil.ir class ol ok on the snrlarcar the extieme not h crn houndar\ of jour property. Copy ot av-a\ \ .'hie maikcd " Heio " isattatiicd Your pro'pert\ ]>o»ses&cs meat natuial ad\ antayes toi minim; opeialions, as il (anbewoilied upon for a depth of 1,600 tee! b\ tunnels and natur.il diamau'e The-Miriau. bein^ ln.i\,h wooded, holds a class ot timber suitable for mimnt; puriioses and I lie! quite sine that when properly pro-peeted and opened un, and the net cs-,ar> m.ichinei'N ptocured lor tin siutissiul treatment of the ore. it wiil piovc a U'l) prohlalile in\estnieni. and hiuiii a satisia. ion interest on the capital expended. The amount of stone treated at \on> reduonu' works up t') date is^'Mol lon-, \ie!ilinir 26.4100/ of gold, \aluedat about u 2 l'ls ]>ci o/ , also the value of the tailing-, nmaining un treated I estimate should add Clj 000 to the above i etui us

J hen o the honour to be, Sir, Your mo->t obedient sonant 11. 11, .M>\MS. M m.i^ei.

I V\j i ; in a Ton. Date. Jl'm. .^aiiii.le. i ' Cold. Silver. J 'lot.il. Value. " I 1887 o/ r ' nt - o/ dm. o/ rtnt L <>. <1. Dec 2'J N?.w Kind. Base Minciul. 1 15 1,5 :i b 0 ' 14 IP, 4' 29 .. •• ay 0 4 C > 0 , 16 12 6" 23 .. - l '' 32 It 3^ 0 10 19 9, 1888. i Jan. 7 .. .. 0 F)l»6 47 16"6 16 3 6' ..7 - , 416 16? 1 16J 0 i 43 17 111 „7 „ .. 3 0 9 <) 12 h I 13 14 hl,h 1 , „7 . . 1 b 20 1j 22 0 I 817 9,' 10 „ 3 K> 6^ 0 64 h j 18 9 10' 10 .. •• 3 10 75 16 70 6 '27 1^ f/ ' 11 .. .. 2 1? 36 16 39 3 ' 17 7 3 . 11 „ ■ 2 0 ?6 0 28 0 I 12 19 0 „ 12 „ .' 1 0 10 0 11 0 I f> 19 0 , 14 .1 16 3o 10 37 6 i 13 1!) s', 14 • .. 14 37 16 39 0 ' 11 13 1 16 „ •• 0 4 316 4 0 i 1 10 I 1I 1 16 - 0 8 10 4 10 13 I 3 9 3" . 16 „ „ , T 4 If, 18 17 2 | 716 4 16 . - o n y n io :•> : 12 21 19 .. •• 1 '' 20 13 21 17 <) 3 o', ,; 19 „ •• 1 f ' .'>2 4 33 10 111 10' 27 „ •- 2 0 00 0 62 0 18 18 0" Jljidi 4 "Hi.ko. 1 Tlih . -.ample isfioni Hhm>\- ] b 32 h 33 10 I 10 11 0 tieriiciiortlihoiitnl 4 ! \of \om piojuih

IJEPOHT ON i-ILVEU KING Ml\ K.

Wmokom.omai, 2Mb i\i tv« t u« li. i :;;:;; 1 u a\ i mifo honour to leport on tin- mining propel t\ known a-, the Silver King The ground < ompiiscs ;il)oiit til teen acres, and is situated on the topol lhe-,econd self-.icling i^rade of tlj<-<O#unwu}, known as Butier's npur. The leef W this propci l j has been prosper ted for a length ot I.ICO lect, and \anes in width from .six to sKleen feel, showing sil\cr and Kold in e,\e!.\ jil.ue where worked njion. A list or assaj s made js at Uu hed. A crosscut is now heinK driven to cut flic reef down a distance, ot about 60 tout, which jnay be expected to be reached in the course of a month. Another reef appears on <!■<; v.esforn portion of the Ki'ound, which ts about si\ lect wide, carrying pold and silver. The mine has excellent natuial facilities for workirK. bcintf easi'v connected with the ■present tramway. Thcsuriatc, being wooded, lias the necesbaij iuuber for mining operations. I ha\ c the honour to be, Kir. Your mo-t obedient servant, JL If. ADAMS. Manager.

...... AM'B t'hil T.ON. „ . .„,,,,, Description of Date. Mine. Sample. i-- - - i Gold Silver. Total. Value. JS9B ' OZ. dwf. 0/.. fl\Vt. 07.. (hvt. LS. (1 Fob" 2 SiLVICH KiNf.. ' Mineral Dfrt. \ 3 0 33 0 36 0 18 17 7 , „ b 10 131 10 137 0 46 2 " 7 ', „ ] 0 12 0 13 0 b 6 " ;, „3 10 65 0 68 10 26 1 0 " 9 „ 3 10 63 10 72 0 26 13 3 " {\ ' „ 5 10 131 10 137 0 46 2 0 " 11 " „ 1 0 12 0 13 0 6 6 0 " '>"! I ',' „ 2 0 34 0 36 0 14 1 3 Mar."2 „ .. 3 0 24 0 27 0 16 13 0 All details required, together with lull inventory :iyd piirticjjlai'b of titles, &c., may be .uspectcd at the yecreiari'bonice. Xom— The above is printed for public information only, as all the shares are allotted.