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MURRAY CREEK.

KEEP-IT-DAER. The favourable indications of the proximity of the reef in the bottom level, mentioned in last report, as showing in the face^of^ the drive, and became s tfonger^witb every foot of progress until yesterday when tbe reef was struck during tlie night shift in or about the exact point, whereto skillful professional calculations bad directed operations extending over a period of .over ten months. Tjie discovery was re* ported at the offico 'of the cotupafty this morning, and some of the directors have during the day visited the mine and in* spected tbe reef, which presents a splen* did appearance as far as it is exposed. Some stone was taken aad broken in srriall pieces, in every one of which gold of a coarse description was plainly visible, adding greatly to the importance of the find and enhancing the value of the property, as evirused^by the increased dehiand and 'advanced price of Shares. The reel is now. -being 'bared from adhering casing and rock, and a day or two will elapse before |ue full extent of the lode a*)d the exact quality of the stone at this pjjiat Will be ascertained, but in the meantime ne doubt, 'cm possibly .exist us to its highly payable nature, inasmuch as excellent stone has been carried down in this particular direction for a distance of 100 feet from an upper level to the bot* torn of a winze,, only about 60 feet over* head from the end of the present drive, All possible despatch will be used to penetrate the intervening spaoe between bottom of winze and of drire, which together with other works will open np a splendid, block of: stone* Vith nearly 160 feet of backs ancl in other respects also of vast dimensions, and render it amenable to the reducing influences of 20-bead of stamper?, which forms tbe. crushing power of tbe company.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/IT18811024.2.6.1

Bibliographic details
Ngā taipitopito pukapuka

Inangahua Times, Volume II, Issue II, 24 October 1881, Page 2

Word count
Tapeke kupu
316

MURRAY CREEK. Inangahua Times, Volume II, Issue II, 24 October 1881, Page 2

MURRAY CREEK. Inangahua Times, Volume II, Issue II, 24 October 1881, Page 2

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