OHINEMURI.

Waikato Times, Volume XXIX, Issue 2412, 24 December 1887, Page 2

OHINEMURI.

Improved Mixing Prospects. —The first ami best news of this week is the confirmation of the pleasing news re the floating of the Waihi Goldmining Company on the English money market. Too much importance cannot bo attached to this, for it is not merely the fact that this [(articular property has been placed, but that the thin end of the wedge has been introduced and that henceforward a new regime will set in. It is all that is wanted here, for immediately the development of the Union mine commences, good returns will at once be made, and the name and fame of Ohinemuri as a bullion producer will immediately be made. When one reads of the immense profits made on low grade ore in California and other American centres, and then pasts his eyo round this country, the reefs of which are comparatively rich, the only conclusion which a logical mind can arrive at is, that the Cape Colville gold-bearing belt will eventually become ono of the richest districts in the world. This is no prophecy ; it is simply a matter of the inevitable —a nut-far-off link in the chain of

c ui'*! :tiicl -■’■••'l'l'MjC**. f■ • i^sv•* .iji m-t iiiC*; <*» IVe.lL'i "1 11 1 ■ J .. .-ijjoo* J liiciition th.r .fiil>il.-v ci:iim ; »t Wdt-k.ciii. which Mr K-r.-,-y Co ( p--r i- jjo-v Lilly placing at II ,m-. Tin- ck.im c-m----pri-a-s 100 .tcr-*s, -« ii- 1 c i, t ; r ,. !-. It- pi-coil- rc-:-tan.---, Jj ,u,. r _ Un 1110:1s it'll Iy. lilk-.i 1., th- l.ri.n - hio; ; . 1; TutU. which is ivo.i!, ~g. .1!) nit W. to the ton. Tap itT;., !,,,, |„ known to cxi-l 1 .1 n. v,’ N,,v. uni oiriin. when a mia-i w.'uM b- -.tia h.iniIlp. ami Wall* l<- pay hi-tm l;,;r iiill, h- Wo-iM h'ave Ills “ihcni work man-tier min-*, where, perhaps, h- w.eiM b- w rkiag with a Mew-f .--ai-thing hotter tiian \ iliit; anil pick out :i ft-n- fncii t*iw 1 with inure *i j;. T;i. ‘biiu;u Jsuch coinm-'M l»r-*{M*rty tii t! n«.b > ]y tii m:rM «<t t ikini? it up ami at it. An *»M «nin**r. im.vvwr, MrM-m: > Mc< * 'lire had bis «y»; <»n it. knowing tb.it live ami bye it wnij s .| bo au*l inliodnceii it to .Mi *i»-r's k-n, \vi*h tbo probahlu result tint it wit] b- <>no <<f the be-t pr«*pert 1 in tii- Kuropean u. :r- 1 ket. There an*, it iscoinimteJ. aii iut tuns of fpi irU in the tfr.Sly, which, n< far ;»< has been prospected iby the nnl:n *ry bitlU-ry pn<,v». X» «!e nl wurk, such as ilri-. ii.o or sinking i- neces. 1 sary, the fpiartz all being iinineihalely workahlfc. A well-known expert, Mr K. M. C-rbutt, ol Waitekanri, a— t-tiiu*. the dirt can he treated at a hatterv to lie erected for 4s per ton, inciminig miming and transit t • mill. Tle-re is ample fuel for a supply of--team power for y-ais to conic on the grmmi in the /pipe of tirewood. The celebrated Waitekanri l-de from which HSO,OOO in g-hi has bs-n taken at various times also rims through the ground. LkcTCKK hv Wahukn Svuatkokii.— Onr genial warden Mr 11. A. Stratford will in all pro)lability deliver his celebrated lecture “Tough Yarns,” in aid of the school fund on the lOtii January. Ami skm kn is. We have amusements galore this season. At Mackay-tuwn, sports and ball; Owharoa, concert and ball; Waitekanri, ditto ditto; and I’aeroa, Leap year dance with the -exes reversed in the usual approved style. Si*KCiAi.SKrn.KMKNisg-( lur Special Settlement Scheme is incubating. A .Settlement A-'sociation is going in for a large block of 1211 acres on the Waihon River, which will, it is to be hoped, he open for selection in about two months. Next to our mining industry we look upon the settlement of thgrand land in tiie district .as a means of advancement. There arc hundreds of thousands of acres of arable land lying idle, which some day we hope to render “ Into a land of wells and gardens, where •Vll up and down the rich red loam the steers Shall strain their shoulders in the creaking yoke, Drugging the ploughs in smooth fat sail. ’ doi.o Rua'css.—Farmer and party cleaned up la-t week in (bvharoa 40 tons ore for ‘JT-z. melted gold, at t'2 12s lid per m. Over floOO worth of ore left for London on Friday last, per “ Kotukn.” Mammoth Mink.—A Mr Knpel is on his way from Kngland to supervise the pr-s----pecting of the Mammoth mine, Karangahake, for the London syndicate.