SPLENDID FIND OF GOLD AT COROMANDEL.

Tuapeka Times, Volume II, Issue 89, 23 October 1869, Page 5

SPLENDID FIND OF GOLD AT COROMANDEL.

(From the correspondent of the " Southern Cross.")

September 28. I have been shown some magnificent specimens to-day from the Virginia Olaim, Coromandel. The claim has been worked for several months, and at last the lucky shareholders have been rewarded for their labour; the specimens are almost nuggets of gold, being one mass of gold right through the stone. The specimens were taken « from a block of stone in opening up a face previous to commencing a drive. The claim is situated on the summit of the hill, and they are now working vigorously on the new leader, from which they are taking specimens. The specimens may bs seen at Messrs Ackland, Clark, and Robinson's office, GrahamstoflW, where they are now on view. Tiie Emma Challis is also taking out splendid stone. The Last Hit, situate on the Upper Karaka, have just struck a very fine leader after several months' hard work. The stone is jetted all over with gold. The Golden Crown retorted yesterday 3500z5. The Silver Crown Company's Claim has lately attracted considerable attention, and shares have changed hards at a comparatively high figure. Some very fine specimens were taken out of it on Wednesday, and the reef is 20 feet 1 in width. The claim is situate on the ridge between "Wiseman's and Tinker's gullies. The tipper Karaka continues to advance in public favour. The Sylvia is. spoken of most highly, and there is &,good demand for the scrip at what may" be considered good prices. Sales were made, I believe ia the Stock Exchange laßfc week at 10s., but the scrip is now being held for, a much higher figure. ,Tbe Great Southern, 1 which ip peg and peg with the Sylvia, and in the run of the same reef, is now coming into* favour. I have no doubt that next f , summer will witness some immense r strides by this district, which appears destined to be one of the most productive on the' goldfield. , Soma yeryifme specimens from the E&t Hit Claim, TTpperJlKaia'ca, were fttWijht to town on Saturday. They ifcprp, taken put of a new leader, whie'j "was struck a few days ago, aad which has every appearance of turning out yery rich.