Evening Republican, Volume 15, Number 57, Rensselaer, Jasper County, 8 March 1911 — RICHEST GOLD FIELD FOUND [ARTICLE]

RICHEST GOLD FIELD FOUND

Western Australia Excited Over Wonderful Discoveries of Lodes in Mining Region. Sydney, N. S. W.—The richest gold field ever discovered in this country, perhaps in the world, seems to have been unearthed in western Australia, near the township of the Southern Cross, about half way between Perth and the Coolgardie and Kalgoorlie mines. These were names to conjure with in the olden days, but the Bullfinch lode beggars all previous records, the yields ranging in some places from 10 to 100 ounces to the ton. How deep the lode goes down, how long it will last, what it is really worth, are questions to which only the future can give a satisfactory reply. For the present all heads, or very nearly all, have been turned, a delirium of speculation has set in and the atmosphere is described as "thrillinging with intense expectancy.” Six months ago the Bullfinch was practically unknown. . Since then no less than half a dozen great lodes have been found on the property, the moßt valuable of which is No. 1, which is reported to have reserves of ore amounting to 15,000 tons, estimated, by the owners at any rate, to be worth ten ounces per ton. The Bullfinch is 22 miles north of the Southern Cross township, and is on the western confines of a big belt of auriferous country, which embraces Kalgoorlie, Coolgardie, Menzies, the White Feather and other mining centers. Golden Valley, where the first gold of the eastern fields was discovered, is close by, the country all round having been pegged out. As the waterpipe line from the Darling ranges reeervior passes through the Southern Cross on its way to Kalgoorlie, the government will not have much difficulty in running a' branch pipe out of the Bullfinch field, and thus providing it with plenty of water— that first and most indispensable of requisite for a mining camp. In the meantime, Doolette, Shancross and Jones, who six months ago were the owners of an obscure prospecting short have sprung into sudden wealth. The most extravagant offers have been made to them for their shares, and a company has been lldated with a capital of £I.OOQ,MQ ($5,000,000). On the very day the new company was formed another lode was discovered In a neighboring locality known as Bullfinch No. J. which Is said to be richer than the first. The stock exchanges warm of course, greatly excited, and dll differently

colored reports came in shares fluctuated in a most surprising way.