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TE AROHA.

[KIIOM OUR OWN C'ORKESPOXDLXT.] Some little excitement has been caused here by rumors) of rich finds five miles from here in a southerly ihieetion. Some quartz showing gold freely was shown in the township, which was stated to hnve been iound in the vicinity of a big reef, but nothing definite could be asceitained either as to the findoia or the spot from vhujh it wjw taken. A considerable number of men went prospecting in the direction indicated, some of whom are still out, but the niajoiity have leturned disappointed, pronouncing the whole uffcYiv to be a sell. a large reef has, however, been discovered, and one or two parties have pegged out claims on it with the intention of prospecting it. Nothing of special interest has transpired during the week, but a large amount of work is being done in many of the claims, owing to the increased confidence which is being felt in the future of the f eld. In the Prospector's tunnel the country is getting easier, and work is progressing more rapidly, while in tile winze tile leader is assuming a more regular form and showing good gold. In the Waikato'the manager is working npon a new lode, which shows good indication. The big 1 veef is also being prospected, and as soon as a battey is erected this company will be able to turn out a large quantity of stone which; from all appearances, will amply remunerate the shareholders. A call of three pence per scrip has just been made, and operations will be pushed on vigorously. The Prince of Wales, Martin and party, are setting a good example to the other claims by the way in which they are getting out and stacking their quartz ready for crushing 1 . They have now over 100 tons in their paddock, and are in a position to turn out a large quantity of stone regularly as soon as crushing appliance? are to hand. From the appearance' of 'the stone, the shareholders should receive a handsome return. In the Golden Anchor the winze is now down 45 feet, and the reef much improved in appearance. A first-class prospect is obtained with the dish, and' the shareholders intend, after sinking the winze another five feet, to take out 10 tons of stone and send it to the Thames for a tpial cpushing. In the tpwnsbip .business is rather more ■ active, and new buildings- j ate' being put up in various directions. Mr Wood, late o! Piako, is erecting a fine row of stabling, ' and . intends, I hear,', to .erect f a large family hotelinthe^centre of the township. , .Afessra Lavery> and ha^e, qommenced'fhe t !creot|on>o| large premises, for their ironmongery and tuq.be£> business,; Another baker's jSnpp lias' be^ff ftuiifc and open<9#, s'o'tiutVwe iwve'nowxoor ftagerie

going, while a fifth, I hear, is shortly to be erected. A number of small stores and dwelling-houses are being built in nil parts of the township, so that carpenter* are again pretty well .employed. The' races which have been adjourned till the 9th February, promise to b« a j great success. The prizes to be run for amount to £170, and should bring some good horses ; but as the programme will appear in your advertising columns?, I need not more fully refer to the mutter now. The following claims have been pegged out this week : — Pride of the Hills, Featon and party, six men's ground, adjoining Omaha. Suney, L.unbert and party, four men's ground, north of the Bright Smile. Golden Crown, Shakespear and party, eight men's ground, adjoining Homeward Bound. Eureka, Dennisou and party, eight men's ground, bounded by All Nations on the south. The Shamrock, lately known as the Green Harp, fifteen men's ground, has been taken up by John OBrien and paity. Gem, Harvey and party, four men s ground, adjoining Magnet. Last Hope, Oassm and party, ten men's ground, about three miles up the liver. Mint, McLean and party, 15 men's ground, adjoining above. Tante, 15 men's ground, natives. Ruby, 15 men's ground, natives, three miles up the river. Wheel of fortune, 15 men's ground, W. McCormick and party, adjoining the Don, A report lias just come that the trial crushing of four tons from the Prosperity yielded at the rate of an ounce and 10 dwts to the ton. It will be remembered that a previous small crushing fiom this claim yielded at the rate of an ounce and a-lialf. Should Ibe able to send you further particulais today I will do so.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WT18810122.2.11

Bibliographic details
Ngā taipitopito pukapuka

Waikato Times, Volume XVI, Issue 1336, 22 January 1881, Page 2

Word count
Tapeke kupu
754

TE AROHA. Waikato Times, Volume XVI, Issue 1336, 22 January 1881, Page 2

TE AROHA. Waikato Times, Volume XVI, Issue 1336, 22 January 1881, Page 2

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