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Southern Mining.

A cleinine vp for the Pi ceois Company, Epeflon, lately, gave a Ir.tal yioid of SCD| ounces of gold from 345 tcos of stoic. After providing for the Jast iustalment ■ wliich will be shortl.y due for crushing plant and all existing; liabilities, the direc tors will be enabled to declare a dividend cf one shilling per 16,000 iii share. A private letter from Koss says :~ "Owing to the snow and rain there has baen very little chance of prospecting lately, but people generally are very snnguit eof a big thing here. There vie abut <10 leases taken up of 16 acres each :t Cedar Creek, and in some of thrm you can stand ten yards away and see the gold in the face. Parties who seem fo be jtuu-es put if; dos* n at twenty to forty 'ounces lo the ton. . In the course of a moDth a battery will be erected, when s« vera! tons from different leases will be tested."

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18840904.2.21

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XV, Issue 4884, 4 September 1884, Page 3

Word count
Tapeke kupu
164

Southern Mining. Thames Star, Volume XV, Issue 4884, 4 September 1884, Page 3

Southern Mining. Thames Star, Volume XV, Issue 4884, 4 September 1884, Page 3

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