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■ <,*• THE ■|-\a: GMIfU LOW LI-iVKL TUN-"-a- ML Gv.Hl> MINIM] rO'.lI pam", li. v :n:i\ ijki-.FiOx. L;Alir\L £12030 111 21 Hi) S"ii re* of 10s. Kii;h. TOBETir.CTSTERTrt ifNP'CRTHEpR Yf KN,,y " '! JIB MISK'G -Ji JlPAMiis' /,CT. Cii'J-i limited to ">«.* Venn}/ per Montli tcilh a deposit of 'I if" Pence pa' iJm.e on A /plication PROVISIONAL DIRECIOTIS. !•( 'EKUT <>M.KY ) ATKICS S;-!iKNN.VN OIIN :i!KNME!Y | Gl-.OKGJJ V.^K \V, U i.ui (Jahdneß CiuvnT-r;< ! h»-kh .!,-,M!v- (ON NOLLY H. K.GrI.LIXK J. Q. CaPLB* ! VATHT.W iYI;KE FiIA.K JIAJIfLTONI JoMCI'II A LG i-i Lit I>\?K OF i\j!iW ZEALAND. S( I ICIT B : •JAMES LV> CM, G-q. MSCIKTAKY : obt kots of" "th c com pax y. f,, MiWit'i<-e IV » pvoj-o-rd uh(l r|.,ki.p ■ for the ..,..!>!• -viil olthe yeuen.l „i,bii«, ..mi ■ iim-fl j.sp.'umUy tile iuhain a>it* o^ »b<di<irnf, whos- ii.t-il^s mu..t uctcs.-anij U> din-clly brit fit."-! ialliu' tiiipuKse given to a iui-.1,,r ilev.'l---'pnitnttol the lildil.-n wed.li o' i lit- fi-l I, ami sis a bcqiiiMK.-e t!>e ini-iM-ds-jii prcul.iii.n of capitJl krjul y.llu> pr«»joi-t..rs Ijiivf cvci'v oonfjaciilt' i.i its eufcesful is-it' 1 — wlih-h in the fi^st ilato may he uttribuietl in a /i-n l:ti-ii«' di'gi-ca lo the » idoty espn-3si«d opinions o! a vui-iutylof experts — fi s: hi o:ip whom nmy he mci. tinned tlie naii'O o! Dr. ' says, iljul'- thu roustrl tion of su,h a tunnel c nnot fuil lo intcrseA. numer-u golden and. cliv-'v V.»!u»b!e mftallil lod's; the loc.tminciolofiica! pivduvts If the neighbourhood / u ];y j Uk ,fiiyi : g the oaii'iiption of ih ir exsiei.ee in Wbl'-defmciJ etra'tt at n depth oLtain..b!e by the prop"?* BclltmP '" fc > ucoll; ' I>';1 >' ; i;y Iheinimca-'urabtybiijiprior advansnges o' proiiiubly woiling mliy lineb o r wef vow in abeyiince'hy rc^sun oljtlie cxufp'iotiiir v hi^li rati's al landing llie | Jvii-uction of olLerwue piiynl.le ftony hy con paliiesol liu> ; ted cipit.-il ; tl.m'li— 10.-n tho Kho| of the 0.-vwiiuu'ii! ret-ogiiitirig "'at the Jiutunoe and r<?com- _ nienda'lion 'of theif Euiijneeis " the hnpo; tance' and vulu.* o!' tiiewoik, lis a means "to fl- great, puhlic yood. by guaiant s eing a subsidy o. j? for £ of cHjiiiul sub.-en bed by' the public— f..cts that ni.y be geni'r lly accepted as stioii£ elementa in Support -of the lona fides, and dpeided ultimate bucciss ot the venture, in addition to which a fu-lhir ai.d lib-pjl com* cession has been mads in grunting the co.npimy right to 600' feet invi'idl ion either side ot theentire lergili of th: proposed Vtmrielouisido of vested interests, and is nine distinct a'ic* separate lima of gold-bearing reef tr, verse the company's claim at r! right angle, or thereabout.', apart from m\y others not; visible, tv Inch by reasonable inference may bo met with, it m-iy be fuirly ciiaracterized as a highly promising speculation. Asi ill further addition to the anticipated profits is represontid by a tariff on hay lage lor other com* piiniea, estimated at, tiy, 10. per cent over working expense*. There is a di-tance tf threc-'quarters of a mile ofunorcuuieJ laiid from ihe eturting poii.t. throuiih which tuva-il of the knowu lines ofisel travewo. 'Uih coir.pniiy propose o drive a tunnel from the right to the lei't hai d branch ot' the Inan^aliii'i rivrr, a through distance of some two and a-hali' miliis, a \d thereby ir.terseciin^aperiie.t network oi gold-hearini; reel?; a ii.unJjer of ••vhich have been purt:allv n orbed on the Hirfaee ony, but with puy,ib ; e retults, whioli, bii tliH txti'.naioM of the pro^ po-pd "luiiin 1 wi/uIJ r.e at once turneJ to. pnfiiubie (K.'couni, va \ lany o/' them woul.l Ie tyj>|;cJ ai ih-ulii* I'ingii.g lio.n 150 i) .cci duwnwin'ils irom tlio i.iiicropa, insuring an unlimited tupply of golsl bcuiir,<; stone, which hy a iliU3 reduced cost o*' priduction cannot, in the opin on of tli ) prfj citoi?, lull to leuve a very huiid-some nargiu of pruSt. The Golden Heeoe extended Gold ifiui'i^ Compniij, v\hose le^= c is on the piop sed .'ii.c, are .■'! piwut m tin!.' stone hvm the lo.v hvi-1, 700 it t-t btlo v this outcrop, givin" tluj hand oine irturu i f tv.'o ou>:c".s to the io::, which is the bert jet uhi'uinrd fiotn tl.o: iniiiL',ai)d nmy 'Do acce )ted as indiualive o> the accunicy of a veiy preval- nt opinion •' that the l'lchii'Ss of (ur quartz lode 3 increases with itieir depth " Ilia maxinmin cl' Cills will beOno Penny per share per moo h, t ius alfurding an oppurl uuily lo nil ch^se: of participating iv l.liO venture l>y the liaiation of' liability lo v mmiicuin. A lii'teen-head stair rer liatlery is erected i'lnnntUiiUiy . c>-us 'guni s to the tuunci's u-ou'h, a\ailabte lor ci'Ui'iiug any stona übtiiiiied. As a niining fpecu'a:; ;n, it p>e en l a direct and | rosjr ulive ad,t itayes seldoni met with in km reel vontu.e , as illuclraied by the coujbinurion I't/'eind to and still iurilicr by .ccciii. t-tiitislics furnis! Hi to the New Zea-. land Governiunit, showing that JOS.lSSuz'. ot god, t:ie yiild ol ICG SB2 ton*, representing an'avcii.ge of 13 tn is 1U gis., oi 1 nearh 14clwts per toll I uvb ten ouini e.i by the various eoniUiiuy's Hint Javd brion, ami are at woik on the iiues ot r-.'i ' proposed to be inter?ected. 'i'ak.n^ the oney value per lou £2 12» Qil, a vii ai- pruOt >i JLCI os. pi r lou can be sreured, ullowni!» the toil of produutiuii to be divided thu- — cnishi g by »a er power, ss. per ton ; eosf of racing stoi.-e, 10s dl, per ton ; wear, tear, ni.iu igrin<?iit,nud eontiugeucks. 12d Gd. Total, £1 7- 3d, leaving a balance of £1 5s to bu d videel as profit. , In conclusion, tho pr ijectors with; every, confidence assert that a l lore genuine mining venture, ami one poseeising the same elements lo uehieve suceesa has stldooi, if ever, Letu put on the market. ; PROSPECTUS AND FORMS OF APPLICATION^ FOR SHARES 'JO BM &SSAINkD FROM THE UNDEB^JSMJY: ■ HENRY GEOJ. HANKIN, Secret ary^ •SfiAili,JiiS If. JiI)WAU.L''S, STOEEKIEPER Black's Point. GOODS PACKED :O PAIITS 03? THE DIHICTi,

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/IT18801013.2.12.4

Bibliographic details
Ngā taipitopito pukapuka

Inangahua Times, Volume II, Issue II, 13 October 1880, Page 3

Word count
Tapeke kupu
986

Page 3 Advertisements Column 4 Inangahua Times, Volume II, Issue II, 13 October 1880, Page 3

Page 3 Advertisements Column 4 Inangahua Times, Volume II, Issue II, 13 October 1880, Page 3

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