Page 3 Advertisements Column 3

Inangahua Times, Volume XI, Issue 765, 4 October 1886, Page 3

- Pbospecttts of the I LONE STAR GOLD MINING COMb PANY, Limited. Capital : L 24,000, in 24,000 Shares of LI Each, of which 10s per share shall be considered as Paid-up. 11HE Company is to be one of 24,000 . shares, and is to be formed for the purpose of taking over and working the Lone Star and Orient leases, comprising an area of 33 acres situated on the main range between the Left Sand Branch of the Inangahua River and Boatman's Creek, and on the same line as the Fiery Gross and Welcome reefs. The promoters, Messrs Heaphy and M'Caffrey, having traced payable stone on the surface for a long distance, started a drive on the southern slope of th* range on the fall towards the Inangahua River, and having followed the reef for a distance of 40 feet sank a winze on it to a depth of 35 feet. The reef ranges from lj feet to 2 feet in thickness, between two well defined walls ; it is entirely free from uiullock and shows gold freely. A trial crushing of 20 tons gave 34 ounces lldwts. of melted gold. The appearance of the reef and the country in which it lies indicate permanency. It is not saying too much to state that it looks as well as any new discovery yet found in the Boatman's district Gold-bearing quartz is to be found on the surface both north and south in the adjoining leases, thus betokening a large area of auriferous country between Boatman's Creek and the Inangahua River. The position of the ground gives it many advantages. Owing to the contour of the country, level after level can be driven with comparatively little expense. There is an unlimited supply cf water for crushing purposes at a distance of about 40 chains, over which an inclined or aerial tramway could easily be constructed. Machinery can be landed with trifling cost, the river bed affording a good road for waggons. There is plenty of timber on the ground for all the requirements of mining or building purposes. The reefs in the Boatman's district have almost invarably been highly payable, and n none of them at their early stages was there a better show of stone and gold than is now to be seen in the tunnel and winze in the Lone Star lease. The promoters are now putting 18,000 shares on the market at 2s per share, retaining 6000 in their own hands showing thereby the confidence which they have in the property. APPLICATIONS for SHARES will be RECEIVED up to WBDN 1 BDAY the 6th OCTOBER, 1886, by the different Brokers whose names are attached hereto. The shares must be paid for on application, the broker giving a certificate for the amount paid, and the number of shares allotted. Brokers : J. B. Bbecbb, Reefton ;P. Bkbnnan, Reefton ; A. G. Fenwick, Dunedin : Thomas Gross, Dunedin ; G. W. Moss, Greymouth. .... • Judging from the favor with which the undertaking is looked on by the public the probability tsjthat all the share* will have been applied for before the above date, PATRICK BRENNAN, Secretary. Reefton, 3rd September, 1886. mHE EQUITABLE LIFE ASSUr" 1 ANCE SOCIETY OF UNITED ; STATES. Established 1859. Assets over .. £12,117,000 Surplus over ... £2,889,000 Income over ... £8,131,000 New Assurance for 1884— £17,692,720. New Zealand Branch Office — Loan Mercantile Buildings, Queen street, Auckland, Local Directors (With power to issue policies and {.ay claims) Hon. Sir Fred. Whitaker, K.O.M.G M.L.C. Hon. James Williamson, M.L.C. Dr Logan Campbell. , -,- All profits belong to the policyoholders THE TONTINE Policies issued by this society offer good investment for capital and life insurance combined. The enormous araonnt of business being transacted annually throughout the world on this principal clearly proves the appreciation of the system by the public. All CLAIMS are PAYABLE at the Auckland office IMMEDIATELY upon presentation of proof, and INDISPUTABLE after three years. Further information will be agreeably furnished on application to MR JOHN GALLAGHER Storekeeper, Cronadun, Who is empowered to take proposals for assurauce in the Inangahua Dis trfct ONION STEAMSHIP COMPANY OF NEW ZEALAND, Limited FOR WELLINGTON. LYTTELTON and DUNEDIN.— Passengers booked to all New Zealand ports, Melbourne, Sobart and Sydney, at through rates. K O R A N U I, Captain Oliver, On FRIDAY, Ist OCTOBER. FOR DUNEDIN, 8. S. OH AU, Captain Berneoh, Early. MAHINAPUA, Captain Holmes, FORTIMARU DIRECT, S.S. MAWHERA, PASSENGERS BOOKED To and from LONDON by the ORIENT LINE OF STEAMERS. Leaving Melbourne and Sydney every Fortnight For freight or passage apply to the Company's A gents, NANOARROW AND CO.. G reym on th