THE SILVERTON MINES.

Inangahua Times, Volume X, Issue 1574, 15 July 1885, Page 3

THE SILVERTON MINES.

We have been shown f» letter just revived t from the Silverton mines, which treated so much talk not only 10 Australia, hut also in New Z«iknd lost year. Th* writer says :— " There i» very little doing In mining matters, except at Broker Hill, on a- line which «xtewU. about eteht or bine miles. Tins n*abborhood was not much thought of 'until about three months ago. Se»en, months ago I could h«vo bought a fall share for 110". £5800 u now the buying price .It fa «*f*;{^ *J competent judges that there is £10,000 worth of or« in sight, and the quality » improving as the sinking proceeds. The expectations of the people here are as great as ever, hot I do not see how matters can improve until the railway reaches tha border,' and that will not be for two years yet Th« Silverton Smelting Company has JAM -been formed, and the sinelter is expected to be in fall Want in about Ufcrw months. The tosh water is all done, and we are compelled to use liraekish water. Typhoid fever is very prevalent, and has carried off a great number of young men during the past five months. The doctors do not seem to be able to cheek its ravage*. ... A man of influence with capital eonld make money very fast The place is vary little kuown yet, and I have no hesitation in asserting that even the poorest claims I* know, with the outlay, of a few pounds and careful management, wonld make fortune! for the owners. . .