THE Inangahua Times. PUBLISHED TRI-WEEKLY MONDAY, MAY 24, 1880.

Inangahua Times, Volume II, Issue II, 24 May 1880, Page 2

THE Inangahua Times. PUBLISHED TRI-WEEKLY MONDAY, MAY 24, 1880.

The Golden Fleece Company cleaned i up on Saturday last with the truly graod result of 96«Tob l§dwt of gold, from 6^5 tons.-^-Glose upon £4,0 # as the result of four weeks' crushing I Such a return recalls the palmiest days of the Inangahua, and rivals any of the results of re«ent times. It has long been said that the true wealth of our reefing industry would never be known until the deeperlevel«fba«l been reached, and time is bringing with it the sure confirmation of that prophecy* The Fleece is now stoping at a dep'hj of between 500 and 600 feet, which is far beyond that of any other mine in the district, and the lesson which theoperations of that mine teaches Is one that should be well pondered upon. There is also another feature in connection with fifee crushing which cannot be lost sight of in view of the early starting of the Low Level Tunnel. The present workings of the Fleece are the furthest north yet reached by any- of the Murray Creek mines. The earlier operations of the Anderson's mine reached to almost as far north, and it was at that point the very richest of the stone was obtained, and as the workings diverged to the south, so the stone became poorer. The route alorig which it is proposed to take the Low Tunnel will be even further north than either of the points mentioned, and through country crossing the whole of the Murray Creek reefs, and no better guarantee than this could be desired (for jthe direct success of the Tunnel project. "With this excellent yield from the Q-olden Fleece before them, we hope then that tie promo* ters of the scheme will hasten the commencement of operations, feeling assured as we do that from that event wll the real prosperity of the d "strict be counted in the future.