Page 3 Advertisements Column 4

Inangahua Times, Volume II, Issue II, 6 October 1880, Page 3

PROSPECTU3 OF THE JVA ?" G A I I U ALO W L l-. V 1<: L TUX - i KKL GOLD MINKnG COMPANY, LIMITICD, lU'EFTOX. CAPITAL £12.030 Iv 21030 Shires of 10s. Ea;h. To UE ■Regtsterbd tr <dkuthe Pk- vf-ion< of " 'J'iik Mis 1 ;g CfiirAXiEs' Acts. Ca!h limited to Oi\ Penny per Month, with a deposit of Ti -o Pence per t-harc on Ax>p'icuti'->'i l rxovisio.FALJ)Jßzoioj?s. liOBEKT O.NT.EY IJIiLNKAN .ions ■rniJ»>'BHy Gkoegk y.i-;K WiLtuM Oauwjeh Chai^^ I'kv'^i J>. () Cavle* AlATinav iyi!M« FbaxMl Hamilton .jo^ia'ii L^lgovu . Bank < : B.l^K OF bK /jhALM.U. : JAMKS LYNO.IJ^Q- ' SeCJ!K!'AI!Y : .UENIIY GKd. MiNEIN. OBJECTS OpTle COMPANY. In gubniittins tho proj.-osinl uml-rtakn-.fi for the appr.valoftle .^lp*.^ more especially Hie iniinbuau.s of t di,(r-c% whose int-resl must »^:^^ rl.veotlv hen.fltedby tie r"l'U *' ?"«' « J / m .,h«-," development of the hidden wcullh o Hid fh'Ul, and as a « iuc.co the incrc-ase.l Circulation of capital oca liy, the prujeelors Imv, every conficlen.-o n i :^ success ulis.ue -which in the fi^pl'^ rnav be attnbutc, in aver, large degree t i the w.delv expressed opinions of a variety o experts-first among whom may be mentio. Ed tho »a...0 oi J)i. Hector, Government JV inerolog.sf, ic. who guys, that" the const™- ion of such a lunm-c-nnotfuiUo intersect; wmcrvn- goulen and other viluablo met ullic xl.-B j the local mmorolo«ic!il products of the neighbourhood fully justifying the assu nation oi ili.ir essteuee in well-defined ttr -tin at » depth obtainnb!e by the proposed <x-\v me." Secondly : By the immeasurably ci pes-ior advantages ol nrodlubly working man: lines o'" reef now in abeyance by lcason ot tl s exeeplionaLv hiyh rates attending tlie |-ro( uction of otherwise payable Mon- by compani limited ov.pnal ; j tl.iVllv— 'rom the laot >f the Oovurmneni recognising "at tha in t.-ineo and roco-.i.- j mendafion of their Kn^im era " the iniportance and valu." oi tnc work, a? a. means to a public iioovl, by i;uariiutee :ig a subsidy o. £ for£ of ca pi i ill subsurib. -I by the public— fiicts that m:.y be general >■ accepted asst.ong elements in support oi t ic lona fides, and decided ultimate succ ot the venture, in addition to which a furtLr ar.d lib ril con.i cession has been made iugi'.ntin^ theco.)ip:»iiy rif;ht to (iOO leet in width |-n either side ot the entire leiigiu of th.- propwsjed Uiniu-1 "ouisidu of vested iuli-resU, and asj mno cii»tiiiet and separate lines of poliUbeiiring reaf tr.. verse the company's chiiiii at a r;»ht iingle, or thereabouts, apart from any others not visible, which, by 'reasonable inference may be met with, it may be fairly < haracterized as a highly promising speculation. A still further addition to the anticipated profits is represented by a tariff on haulage lor other conn panics, estimated at, say 10 per cent over woik:ng expenses. There is a distance of three-quarters of a mile ol unoccupied land from the starting point, through which £e\?ral of the kuowu lines of i?el traverse, I'lih company propose to drive a tunnel from the rii,'ho to Ihe left hand branch of the Inanutihut river, a through distance of some two and a-half miles, and thereby intersecting a perh-et nciwoi-lt of rold-be;!ri:i^ re.c! : ; ; a number ol whii,!i have; b> en partmlly worked on the y«r/iuv on'r, but wit!) p»y;il>'o neults, vthi(;h, o i tho extension of the pvov ].n-(Mi tuiuiei would be tit once uinied t;; j |ivi,lii.-ihle iici-ot.nl", us m; iy of them no;ih! i..0 tajiped at de|.ths ran: i.i},' Irom I^oo !eei dowirvvarris iroui tlie (.nu-i-yps, ensuring an unliinitrd mpply of gold )cariii}> sione, which by a thus red wed cost Oi production caunoi, in the opinion of the pvfj Ttn-s, fail to leave a very liuiid.-oaie ir. ui;iii of profit. The Golden fleece I.: lejuled (..old Mii;---i-:g Uomptoiy, who-c Urns ' is iii the piop red j i i : c , are it i.nrsnit rais ng etuno from the 10/ V kvt-1, 7UO !( et below the outcrop, giving tho himd.-omL- ivturu o two ou':c:S to the ion, which is the best \ t ohUiin--d Ironi the liiiiK.-, and may be aece] ted nn jiidiiralive oi the iiueuracy of a vci y provid'-iit oi.iiniun " that the^richn- ss of cur quartz kdes increases with their de..ilh " The maximum of Ci Us will be One Penny ]\ri' uharo per monh, !:us nilVirtlinu an dp- j purtunity to ;ill cliK-sc i oi' participating in the venture by the liiii ution of liability to' a minimum. A li 1 teen-head stan: xv* battery is erected iinnudiatily ci'VT.i^un is to the tunnel's mouth, available lor crus'iing any stun i obtLiined. As a mining specu'a i in, it pre en!s direct nnd pruspeutivo ad, ;:nuigi\s seldom nu-l with in km 'l'cU veutiiiO--, as illusSrated by the combination referred tj, and still further by lecent .-tatislies furni bed to tho New Zealand Goveruiiieiit, eh( win^' that 108,lWSoz-. o( [Juki, t.'ie yield oi 1- G.o(J2 'tons, repo'jeiitiug an avi'riigo of IJ3 iwis llig.s., or nearly 1-1 dwts per ton hiivi Ueen oui-.si e:i by the vaiious t'Oinpaiiy's tiw-t have been, and are at wuik on the lines ol l uf j.ropu.sed to be in-teisi-eted. Taliiii.:; th. r. ouey value per to. j i. J jJ 12< Bd, a cit ar pro il ol . f JI u_-. p-r ton can be secured, allowing tl c cn-t ol produc-lion to be. divided thu — crnsiiii'g by wa cr power, ss. per ton ; cost of r;iihin» stone, 10s (Jd, per ton ; wear, tear, mjiuag'-inent, and t-ontin— »eni.'i L -s. *12s Gd. Total, £1 7s Bd. leaving a balance of i;l 5s to bel divided as profit. In conclusion, the jirojeulors wiih every confidence ussen that 4 moro genuine mining venture, and one pos.-jessiug the 6ame elements to achieve- sucyej;! lias seldom, if ever, L-etn put ou the market PROSPECTUS AND FORMS OF AP1 J LIVATIO±\'S FOR SHARKS 'JO MJ-: Oh'rALs\ED FRUM TUF UAIJFRSIU-AFJJ. HENEY Glid HAHKIN, Wu Secreifiry. . GHAttJLJiti iI.iiDWAKLti, S T O E E K E!E P E 11 Black's JBoint. GOODS PACKED TO ALL TAKTS S OF THE DIIUCT.