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Newspaper
Peak Hill Express
Location
Peak Hill, New South Wales, Australia
Date
Feb 15, 1907
Page
17
The Lachland Gold Mines are reconstituted with 75,000 shares of 10s, capital £37,500. Most shares already allotted. Mine operations to resume within two weeks starting with a rise from 600ft to 500ft level on payable ore, then sinking the main shaft from 600ft to 700ft.
Wellington brokers Lant Bros of Bodangora report a copper find at Leadville with £3000 offer and £30 deposit paid. They also expect £500 for a fourth share. Boehme Bros of Stuart Town have closed the Post Office mine with battery attached for an indeterminate period. The only reef now being worked locally is the old Prince Bill by Fitzsimmons and party.
Shareholders report bright prospects at Little Copper Hill as workers strike a 22 ft deep malachite lode about 7 ft wide with an estimated return of 51 percent. A young ape specimen was found, of little current value. Experts praise the mine’s potential. Oliver, ex Railways Chief Commissioner, joins a syndicate securing 80 acres for copper mining. Machinery is en route to Molong. H E A Miller, legal manager, and other investors and workers are due next week.
The Nepean will host a two man boat race between Towns and Durnan in a fortnight. Towns turns 38 next Monday and remains a strong favorite, with Durnan about five years younger. Previous notable race includes Durnan beating ex New Zealander Sullivan in Toronto Bay for £200 a side, a key win that boosted his challenge against Towns. Money and confidence influence the field as the world title showdown nears.
The act bans removing dead wood from Crown Lands without a license and requires leaving fallen timber to aid bush fire prevention and control.
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