THE INANGAHUA REEFS.

Westport Times, Volume IV, Issue 746, 6 December 1870, Page 2

THE INANGAHUA REEFS.

The items of news from the various reefs in the ahove locality continues very favorable. An up-river boat arrived in town yesterday, and a block of stone, weighing about SOlbs, out of Anderson's reef, was brought down by the boatmen. The sample of stone was taken promiscuously from a heap brought out of the drive, and though an extraordinarily rich sample, gold being visible all over its surf ice, portions of the walls of the drive exhibit the metal in even greater abundance. The stone is at present in the possession of Mr Draghicavich, aud is well worth an inspection.

From Kelly's reef, the accounts are also good. A party, who recently returned from visiting this claim, states that an expression of opinion is unnecessary ; that the body of stone, even if moderately payable, would suffice to render the reef valuable. The stone, however, is of exceptional richness, and the development of these workings must exercise a very marked alteration in the gold returns of the Buller district.

Mr A. Kussell, who is intimately acquainted with the most payable claims on the Thames goldfields, pronounces most unhesitatingly in favor of the Inaugahua reefs. On visiting Cooney's claim he was perfectly astonished at its unparalleled richness. The walls of the drive everywhere contained gold plainly visible, and portions of the wall literally blazed with the precious metal. The miners on the ground are perfectly satisfied with their prospects, and, although, the want of capital and the difficulty of obtaining water-power must tend to retard the early development of the reefs, every one on the ground, as also such as have visited the locality, are perfectly satisfied as to the results.

At three different points, extending over a direct line of a mile in length, stone has been struck • in each instance exhibiting a well defined and rich reef.

Erom the Murray Cement workings very favorable accounts are also to hand. The company have their machinery sufficiently advanced to commence crushing in a few days, and have a quautity of cement raised which is expected to yield ten ounces to the ton. Competent judges think the first month's crushing will give, at least, a thousand ounces of gold.