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TE AROHA. [FROM OUR OWN CORRESPONDENT.]

Some excitement i-i being caused by a discovery of srold m the claim Our Boys adjoining the Prospectors', n their southern bounlary They have struck a small mullocky leader, and on testing it has jriven undoubtedly the best; prospect on the field. It i* believed bv some that they have got on the Prospectors' specimen leader, which has taken an elbow and gone upwards. Further ti-sts will lie tried tv-day, and the value of the discoveiy will soon be known. It is to be hoped the lesnlt will justify the expectations which (ire held out by the el-uvnholdeis, n<- the discovery of a really rich leader will do a trreat deal ia the w,iy of restoring confidence in the field by outsiders and, doubtless, cause a large expendituie of capital in opening up other pai ts of the field. With regard to the other claims thereis nothing to report of any special interest. r l lie Homeward Bound struck another nice lookmsr leader yesterday, and this claim is rapidly assuming a good position in the field. Yesterday I paid a vif<it to the Prospector-,', Bonanza, and "Waikato Companies' ground. The Prospectors' tunnel is now in over 70 feet. The country is still very hard, but the contractors state that it ia getting easier, and they believe the belt of rock will soon be passed. In the Bonanza and Waikato mines good progress is being made, and the most favourable indications' are being met with ; indeed, it is only necessary to see the substantial and permanent way in which work ia being done in these three mines to satisfy the most sceptical that both the managers and directors have every confidence in the future success of their operations. The shareholders of the Don also deserve a word of praise for the energetic manner in which they are still continuing to work their mine. Good prospects are occasionally obtained ia the dish, and every confidence is felt by the shareholders that the scone will well reward them as soon as crushing power ia available. Your readers will be glad to hear that it is reported that the dispute between the Auckland and Waikato shareholders of the United claim have been amicably settled. Yesterday the Warden granted the lease of the ground, and it is hoped that this promising mine will now be fully doveloped. The Warden held a court here on Wednesday, at which a large amount of business was transacted, but as nothing of special interest transpired I will not bore your readers with a reports ' The casea were mostly small, mining disputes in rei ferenoe to the boundaries of diiins, &c, and the Warden's decisions seem to give pretty general satisfaction. The principal item of news in the township is the. arrival of a firat-class billiard table> which has been erected m the new building close to the British Hotel, and is proving a great attraction. A good number of small buildings, principally on the residence sites, are still going up, and altogether the position of affairs, though somewhat dull, still looks pronugioa for better things.

Thje beet part of a, Malagasy's ' year is robbed from hin^< by a dm^ob ■ «E days YK^i.hm-mi Vdv&f., 'tint of tip t^edty-eMfht'dayffor t%', «on 4 igtiih*

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WT18810129.2.12

Bibliographic details
Ngā taipitopito pukapuka

Waikato Times, Volume XVI, Issue 1339, 29 January 1881, Page 2

Word count
Tapeke kupu
548

TE AROHA. [FROM OUR OWN CORRESPONDENT.] Waikato Times, Volume XVI, Issue 1339, 29 January 1881, Page 2

TE AROHA. [FROM OUR OWN CORRESPONDENT.] Waikato Times, Volume XVI, Issue 1339, 29 January 1881, Page 2

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