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Observations on the Coromaadel Goldfield.

At the present time mining operations on the beach are almost at a standstill. In the famous Union Beach further prospecting at low levels has been abandoned, and a cross-cjit from the road-level is the only work being done from which a new find of gold may be obtained; but from past experience it has been found that the richest returns have been got from a level under high water mark, so <'it would appear the chances of success are not so good in the surface portion of the ground. It is to be regretted that the management do not think fit to continue operations in the development of the reefs under those parts from which such rich returns Have been got in the past. The obstacles to be overcome are not of such a nature as should deter mining investors from prosecuting the work of sinking a shaft near the old run of gold in the reefs which have been so rich, in order to open still lower levels and thoroughly prospect this valuable property. tTntil attention is directed to deeper mining the prospects of the Union Beach have not much chance of being improved in any great degree. The same may be said of the Golden, Pah mine. In systematic prospecting at deeper levels lies the best chance for success to attend their endeavours.

There is erery indication that a number of payable lodes will yet be found in the line of country lying between the beach and the Kapanga mines, and the occupation of larger areas by mining companies, and their judicious cooperation for drainage purposes will in time be found to be the most advantageous and cheapest method for their development. :

In the Kapanga mine the most certain means of getting at the run of gold which is known (o exist in their reef is being pursu'd. The main shaft is being sunk to a depth that will suffice to drain a large area of the reef, and enable them to work it to advantage. On the Tokatea range the mines which will be drained by the low level tunnel, now being driven by the united action of the Tokatea and Bismarck Goldmining Companies, will shortly be in a position to become gold producers to an amount corresponding with their past successful returns.

On visiting the Matawai, or Tiki district, one is favourably impressed with the prospects which are being got in this comparatively new portion of the field. The opinion which strikes every practical miner is that where such good prospects are being found for the small amount of work done the chances are favourable that a great deal of payable ground will be got rhen the reefs are still further opened, and the general impression is that this field will prove payable, and there is a very good show for. prospectors.—Ex.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18810420.2.2

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XII, Issue 3840, 20 April 1881, Page 1

Word count
Tapeke kupu
482

Observations on the Coromaadel Goldfield. Thames Star, Volume XII, Issue 3840, 20 April 1881, Page 1

Observations on the Coromaadel Goldfield. Thames Star, Volume XII, Issue 3840, 20 April 1881, Page 1

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