The Mount Boppy Gold Mining Company,
Limited, of £110,000 capital, has been floated in
England. This company will undertake the deve-
lopment of the Mount Boppy mine in the Cobar
district to which some months ago we made fre-
quent mention. Having had private information
[re]garding this property, we have never hesitated to
proclaim its advantages, and are rejoiced to find that
it is now provided with adequate capital. The
eminent, mining engineer, Mr. William Frecheville,
who made an exhaustive examination of Mount
Boppy last year, is of opinion that a reef thickness
of 10ft. and an average assay value of 14dwt of
gold to the ton is a fair estimate of that portion
of the mine which has been opened out most
completely, he also states that in the limited ex-
tent of the present operations, the reserves of pay-
able ore exposed amount to the large total of
35,475 tons of the average value of 14dwt gold
per ton.
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