GOOD NEWS FROM THE GOLD FIELD.

Manawatu Times, Volume V, Issue 140, 11 May 1881, Page 2

GOOD NEWS FROM THE GOLD FIELD.

• — : "* — ~ - , itPerhaps it may not be g^i_en_lly kaowii; tbat, althtiugh there haebeettviery little said of iaite about the Fitxherbert reefs — the various prospecting parties have neither relaxed their efforts ia ;seaxch of the precious metal, hor are' they one' whit less sanguine of their labors being ultimately crowned by : susces'sV *rhere are at present, and have' been forthe past six months, three distinct prospecting parties at work at the. reefs— the Manawatu Prospecting Association, the Sir Arthur Gordon^ and , the Hit or Miss, each of whom have a number of men constantly employed. Although' tie results of their work for months has been not of a yery encouraging nature, we are pleased to. learn that the cloud with the silver lining is making itself apparent, andthe'hope*: of the shareholders are beginning to beat high. . On '-. Saturday ; •{ afternoon,; Mr Charles Anderson, oce of the prdspj-ctorat m the service ofthe Hit or Miss Company, came into taws' bringing with him some specimens- 1 of stone from the reef. A portion of ''this' was shewn to- w, and we unhesitatingly say that ikis the^only gold-bearing quart-, which .we. have seen comefroin the districts The stone was almost transparent white- with the specks of" gold embedded' thickly m it, and quite , disceruable to , the naked ey«. There was. as much' di£flr|nce between the^specU mens which we saw yesterday, andlhose shewn to us before,: as between ohalk and. cheese^.the former being of such an auriferous character as coWdMt fail tb Jconvince the most sceptical. This yery cheering news should ' not fail to give a, fillip, to any despondent hopes whichmay have been e-_tertained, and therefore i wo are not surprised to see that the Gordon Company contemplate extending their operations^, i and I purpose .issuing two .thomsand, .shares, the coaopany to. be. re-, gistered under the Mining Cwapahiea Limited Liability Act, 0 ~ J ln -another col- ■ umn it will be seen that Mr Walton intimates that persons desiroua of taking up. shares will obtain, every, i-tfornia.ti.on. at the oflSice of the Q6mp«_y.. •'*'--' ;