RICH GOLD FINDS.

Wairarapa Age, Volume XXXII, Issue 10128, 26 October 1910, Page 5

RICH GOLD FINDS.

CABLE NEWS

United Press Association—By Electric Telegraph—Copyright.

IN WESTERN AUSTRALIA.

A BIG OFFER

(Received October 25, 11 a.m.)

PERTH, October 25,

The boom at the Bullfinch find continues. There have been several other new finds of value.

It is reported that an offer of £2CO- - made for the Bullfinch lease on behalf of a London sharebroker was refused.

The ' original finder sold a onesixteenth share fc.r ten thousand pounds.

A.Young Bullfinch mine has-been floated iu Adelaide with a capital of £60,000.

Other sales at high prices''are-re-ported.

There' is considerable excitement on the inter-State Stock Exchanges.

Shares in the Bullfinch and adjoining finds are changing hands at big advances. The outlook is improving.

REMARKABLE ASSAY

SPECULATORS WARNED.

(Received Last Night, 9.45 o'clock.)

PERTH, October 25

Dirt from the Winze bottom level of the Bullfinch mine assays up to -lOOozs. per ton. The country is pegged from Bullfinch to beyond Southern Cross, a distance of over thirty miles.

The values of properties outside the Bullfinch property is still purely speculative, as only light prospecting work has been done. The Minister of Mines and others in authority warn against wild speculation until the field is properly tried.

STOCK EXCHANGE DISTURBED;

EXCITEMENT IN SYDNEY.

(Received Last Night, 9.45 o'clock.)

SYDNEY, October.2s. The Stock Exchange is wildly excited over the Bullfinch find.

A new company has been formed to work the Morning Block, adjoining the Bullfinch property. Shares were allotted at five shillings, and rose to ten shillings each. Later speculation eased off and they dropped to seven shillings.

It is many years since there was the same excitement over mining.