Page 3 Advertisements Column 4

Westport Times, Volume IV, Issue 688, 23 July 1870, Page 3

main reef is composed of a mass ot leaders varying from i inch to 3 inches in thickness until it attains a total width of 12 feet, the gold being equally distributed throughout the stone. By niems of a shaft 22 feet deep in the reef the leader* have b< en found to be lcoser, the main reef thicker, and the prospects improving. This formation of stone, as may easily be understood, permits of the claim being worked at a comparatively trifling cost, one man, as has been proved, being able to excavate about 5 tons per diem. As an evidence that the reef is regular and runs through the claim, a party 400 yards distant have disclosed the same reef. In "consequence of the absence of proper appliances to test the quality of the reef, no sufficient test has as | yet been made except three small parcels, from the main veef, marked 3, teated_ at separate times, with the following results:— No. 3. Three lbs yielded 3 grains, being at the rate of 4ozs 13dwts Bgrs per ton.—Signed E. F. B. Horton, Melter and Assayer, Bank N. Z., 30th May. No. 3. Four lbs yielded 4 grains, beinsj at the rate of 4'>zs 13dwts Bgrs per ton.—Signed A. Bobinson, Melter, Bank N. Z., 28th June. No. 3. Four lbs. yielded 4 grains, being at the rate of 4ozs 13dwts Sgrs per ton.—Signed A. Bobinson, Melter, Bank N. Z, 2nd July. As it would be advisable to work the claim by waterpower the Company have secured the exclusive right of the water in Irishman's Creek, and also the registered right to 8 heads of water from Deep Creek, which would be abundance of water for the efficient working of both the water-wheel and other necessary machinery. It is further proposed to give the original claim-holders, viz. Florian and party and Davie and party, £3600 in paid up scrip of the Company, in consideration of their right, title, and interest in, and to the claims, and also £I2OO cash for work and labor done by them in prospecting and proving the ground, which would leave a sum of £4BOO to be raised by the disposal of Shares; but as the promoters confidently expect that one half that sum will be sufficient to put down the necessary machinery, and as the claim will then he reproductive, it is not expected that more than half the amount of the Shares will be called up.

FOEM op APPLICATION foe SHARES. To be lodged at the Company's Office, or at the Bank of New Zealand, Westport. To Messrs M'Lakkn" and Mmoto, Provisional Trustees in the Excelsior Quartz Mining Company. Gentlemen, —I request that you will allot me Shares in the above Company, for which I enclose (in terms of the Prospectus) £ being the Deposit of 20s. per share on Shares; and I hereby agree to pay £2 per Share on allotment of the above number of Shares or any less number that may be allotted me, as well as all subsequent calls ; and I also agree to act in conformity with the llules of the Company when lawfully made, and I further agree if I shall not pay the first call of £2 on allotment, in terms of the Prospectus, or any call that may be subsequently made, that my shares shall be forfeited and the Directors shall be at liberty to re-allot them or dispose of them as they please

Name in full. Address Business .Signature. ■ RAWAITI BRIDGE HOTEL, This Hotel is picturesquely situated, one mile north of "Westport—a pleasant walk from town. The grounds 3|djoining suitable for Picnic parties. A day's boatin'gaan always be had on the Orawaiti Biveii A Coach Buns'Jetween this Hotel and town daily weather is favorable and inducement offers. The Best Selecti«in of Liquors always on hand. m -1 Wi Paddocks for Grazing Sheep. Saddle Horses ffir Hire. THOS. JONES, Proprietor ULES V SIMON. *J M GE NER AJi STOEE. '■"": ; -am AND BET AIL SPIRIT ' fERCHANT. Copier of Wallabi and Palnierston-sts., Westport. EVEEY DESCRIPTION OF OB "nEINTING DONE AT THE WESTPORT TIMES OFFICE,