Page 3 Advertisements Column 5

Inangahua Times, Volume II, Issue II, 29 November 1880, Page 3

PROSPECTUS <HV THE tnafgahua/low level tunL KliL GC)/ll> MI^BG COMPANY, LpITKD, JIEEFIOK. (/APITAL; /..;. - ..>•• mm In 2iod!) Sh9re3 of 10s. Ea;b. To be Registered ttkdkr xne Ps^yr- ioj<" of " ThY Mining Compasies' Acts, 1872." \ ' Calls limited t\ One Penny per Month, idth a deposit oj{ Two Pence per Sha re on Application ■JPROVISiOMAL DIRECTORS. Kt&BUT Oxlkt J Patrick Bkexnax •toHV TsKNXfiar / Geoege -Wise William Gardnbb Chablus Fu\vbb Jam g« Conncilt/ H. K. Gttilinb P. Q Caplkh / Mathew iTitJJB FBASK HaMIUCW JtJ!i£PH iiltGOt'B . Banker* : BANK Orf'NEW ZE.\L\SD. . f SotTCIToB: ' JAMES LYNOH,Eq. Manager: ..GIpEGK" WISE. * OBJECT^ 3F THE COMPANY. In submjtiirfe ih<» proposed und?rtakirg for the flppr.ivll o» the general public, and more especially! tlio itiliabiiants of the district, whose iiWree's mns-t neces^anl? be directly bi-nefiUdW the impulse given to a furJlier dcve;lopinel|t o! tlio hidden w.»lfh oi tlie field, iiihl oe I'.ri-qiwn*- the invrnß^a 'circulation of capi\ lockl y, ilis projartow hay every conßdei i-e id it* suocessful is^ue — which in the fist plane wuy be attribute^ in a *er^ large'degrj s to the widely esprt-sjied opinions of a viiri.t; -of ; «i»i»rts~flfflt a-nong whom may be met: mned the name of Df. Hector, Ooverttmrnl Myierologisf, &c. who say?, that'- the.coust ii'tfen ft ofW<?h- ajunnei c nnot fci 1 to intrrsi a »B»tT'> | i»Vi^yeHe«'« other valuable nutal 'c,WI/-W^««»j{gß»'i* l "l «rolOf(ical prod^.'-ta of "tlie ' neiAbortrliood fully justifying 'Fie- ic.«H:«"ptioft i .of-«n''ir°ex-^ steuw in weH^AefiK a itrata at a depth e*-v , toißi.b'eby tlicifffOfi sett scheme." „Beconr?lj : Byth*-i»»uiea*ura)^ jr,.»uperi«»r »dvantage#o f -profitably wortjijg'" iiiiiy lines o»" reefuowiii abe.jaiice' by icisjjtt >f Vh-? excepionalU hisih latts atunding the i^oduciion of otherwise, payable *lon« by *iot^ >tn)i|!><») limited oipilal; tliimh— !Vom tlio 1 pi of .th.c ; Oov#rninenl wcogniting "at tli c in»tii'nVd and rocotnmendation of their Knfee6l%'" the importance and valufl of. tue worfeW : * ■\wtm to « B™' 1 public good, br gua.rantjynga |M.lj>»uly of £ fov£ of capital sub«cri||d "by ' Hi*" public— fiictß that nicy be genehily flfrcvptfd asstiong elcnipots in support oVwi* bo>ia Jide*, and decided -ultimate succesl ,^1 the venture, in addition to which a fuvfu'rand lib-Mi eon* cession h i 3 been uwk injraiiting thecoxptny right to <>00 feet in widtffoo bitber eide ol the, entire lei gtu of ihsproAeedtumu-lonisidoof vested interests, and is nine, distinct a:td separ.ito lines of goldfbearitig reef tr verse , the ooippatiy'M.claiin at*» right angle, or there- ' about?, apavt from Any others not visible, which bj reasonable jhlerence may bo met .cirli, it may be fafrly cliarueterized ai a highly promising speculation. A still further - addition to the antMbated pvofits is represonUd ly ft tariff. on. jbaulHge tor otlier com* pimics, estimated *^, cay, 10 per cent over woili'ng expemiii- ] r ' v:. ' Tiere is a distance of three-quarters of a mile ot unoccupied jlaud from the sturring j poiiit. throagh which geverul of the kuown lines ol i»i traverse. . ' Th^cnir.panyproi^se fb chive a tunnel from j the right to the left jhand brunch of the In- ' aniahui river, a fli*ou*h .'distance of fome two and a-half milt*, and thereby intersect- ' ing a perfect retwojk of gold-bearing reefs; a liuinbH of whicliluv* been partially worked on tlie furface' on*, but with payiibie te- ' suits, which, flfn. ■»»« cxtc.i:»io;i of the proi. posed tunnel wftull Jm) ut 'onco'- turned, to profitablo accbuJitt 88 many ;of theni (nould ' be tapped at .di-f.tl« ;; iHMfe>i9BLfr oll >l 3 ? leet ' downwardV from tbV <p"!ftgl>«. .ensuring sm unlimited nippiv it go\d bcartngstone, which by a thus neduncdj cost of '^reduction cannot, : in tbe opit'iton-- df ntl«T| ! • fail to ieiue a very hiindkom&^fiw^iuot profit. The .Golden .FlW f; K^en'd ? d Gold Mining Company, wi>asg*leWe is on the propped liiie, are »t preseiil raitfti" *tone from the io* Icy.l, 700 itsihfilit* tiift outcrop, giving the hand ointf'rejuW.;^. two ourc.s to. Ihe. t ion, wbich i» t>ie VlfHetobtainal iroiu the mine, and may W.« iSc^tod us -indicative o * ihe uccurticy "of a \ery prcvgl. Jrt opiujpi^ '•• thut" tiiei richttfejis.,o.A.our quarts lodes _ii>-, j creases witu'thVi^depHi." " ; ;' ' T* 'V •/ r l he muximum of Uiilis fwil^be 0n& Te&rjj 1 . per share per roon.ljaiiwis*ft'.lfeKngi in > r6p-'." portauity to all clasjjl*, $'f p^eip.uting in the Tuntuve by the lJniatiou of liability to a ininiiEtim. - I A ti'i eon-head staiiper battery i« erected imm<cibuiy contiguous to tlicr tuuiu-l's mouth, available lot crushing any aloue obtained. i As a uiiuing specJafioa, it ..pre'-ent* direct und prospective ipv&utageii seldom met with iv km 'red venluies, as illustrated by the combinntioii re.ferrtl to, aud still further by "icceut statwluw fuinishod to the New Z±a» land Gorcrnmn.t, liiowiiiL' that 108 IBBuz*. of }»!>!d. the yield oj 156.563 tons, rcpr^aeulf jng an avtruge of i3,Jw»j» 19 gr«., or neirli ii dwts tier ton lave been obiai- erl by the various company's Hint httve ftfc-en, and are at work on the Hues ol\re> f proposed to bo iutereected. Takmg the n.oney value per ton £2 12s 3d, a clear prost ol £1 ss. per ton can be secured,' allowing t^'e co-t of production to be divided thu—c'iushW l>y.'w'fler powtir, ss. jur ton j cost of 'raving store. 10s 6-1, per ton ; woar,.ieur, in.viiagcinent, aad cOijtintienciej 12s 6«1. Total, k\ 7* t><i. leuviiig a balance oi' i'l 3d to be iliided a* prutit. In conclusion, the projectors «i;h every confidence assert tLat v ilioi-e genuine mitiing veni-u'rc, and .one* pogimlsiag i>ie- smoe c!ements '-» ju-hieve *uooesi has leldoni, it ever, i.etu put ou ihe market/ PROSPECTUS AND FORMS OF APPLICATIONS FOR SHARES 'lO litl OBTAINED FROM THE UXDERSIUJSRD. WISE, \ Matinger. chauleh h.\dwakds, Si; 08-EKEI PER | Black'a P< int. GrOODS PACKED TO ALL PARTS OF THE DISTRICT.