The Portland daily press., 1867-01-31
The Canadian Gold Fie,a..


\, A correspondent Of the New York Tribune
writing from Belleville, Canada West, gives tie
following interesting account of the recent
discovery of gold in Madoc: ,.....
We are having a little gold excitement in
the section of Canada known as the Bay OF
Quinte district This new Ell Dorado is stu
ale in the Township OF Madoc, County of
Hastings, {. W., so miles from KINGSTON and
immediately in the vicinity of the Marmora
Iron-bed, recently purchased for $500. 900 by a
Pittsburgh, Pa, company of iron smelters.
with view to its early operation.
The facts in regard TO this gold mine are as
follows: About nine months ago two farmers
named Powell, under the impression that a
bed OF copper ore was to be found on a farm
belonging to a man named Richardson, in the
township indicated above, commenced the
work OF excavation, and after thcy had gone
down some hall dozen feet they found what
they conceived to be gold literally diilused
through coarse sand. They secured guam
tity OF this mixture and brought iJ to the from
tier Observation-Disclosures they exhibited
1t, but received no announcement. Six
months later the same persons procured other
specimens and sent it to town, and this time
it fell into the hands of a man named Car,
from Boston, who happened to be in the vic
unity boring tor coal oil. Carr at once gave
the matter serious consideration, and on
visit to the spot secured further evidence of
the richness of the deposit, and made arrange
ments for its purchase for $50, 900 in gold. the
money to be paid on the 10th of Dec. last
A bond was taken by Carr from the owners
stlpulatlng Tor deed OF fifteen acres at the
time aSleed upon, and the excava tion was at
once secured from predatory designs by means
OF an inclosure and an armed guard. 1t then
became known that gold in considerable rich
ness had been found in this shaft. not only in
coarse sand, but in decayed quartz, and also
In crean-coored quartz that abounded LII a
cIeylce and It's surroundings, and specimens
were soon widely scattered over the country,
producing an immense excitement. Cumpan-
les were formed and parties of discovery were
sent out in every direction, the chief aim be-
ing to secure mineral leases OF farmers lands.
with view 20 speculation. The country was
fairly run oIer with gOld-seekers, and ere the
10th OF December arrived nearly all the land
m the township OF MadOc and large quantities
IN the adjoining townships to the east and
west We're already under lease, and rumors OF
new discoveries were abundant The atten-
ton Of the Canadian Government was also at
tracted by the discovery, aud gold inspector
was at once appointed, and the price OF
Grown lands in the neighborhood increased
one-half Biologists partook OF the mania as
well, and Sir William Logan dispatched two
of his staff to report.
The 10th OF December arrived, and with it
came the representatives OF the Boston Com
pany, but without sufficient money to make
good the purchase. They asked further time,
and offered to deposit small sum to be for
ielted at the expiration of it should they
again fail to connect. But no arrangement
was effected, and richardson sold under rro-
test from the first purchasers to local com
pany, whose chances lay in their ability to Sc
cure an outside customer; and in this they
were hnaily successful Mr.. Lombard OF Chi
cago became the purchaser for $50 900 cash.
providing the title could be made good as
against the Boston men, who claim their
right TO redeem in any reasonable time. This
bargain was consummated on Monday last,
2lst instant, and the mine or SHAFT has been
Tiled with timbers to secure it against THEFT
until the chancery suit now pending is decid-
ed. ,f. t.. s-. -r.,.,s -., M -
MIR. Michel, who was sent by Sir William
Logan especially to report upon the gold re-
gion of North Hastings has written letter
10 HOrdre OF Montreal, in which he SAYS that
the Richardson Mime 'is a. remarkable for
its richness as for the manner ofits existence"
and that "he sees in the Richardson mine the
best as well as the most encouraging of all in
lcdtlOuS lOr the Sedfcn OF S0Nt III Y pper Can
ada, because he don't suppose that TINS depos-
it which charaeterizes TINS region so lavorabiy,
can be the only one that exists in the locality"
Ot course Mr.. Michel is not very communi-
cative, because his report is designed lor the
Government and not for the public ear, but
what he has expressed is most favorable in
regard to the gold-bearing indications OF this
region.
MIR. Lombard says of the richness of the
deposit that it excels in richness anything
that has ever come under his notice, and he
is now the manager Off mine in Nevada aud
Is said to have had extensive experience in
gold-bearing countries elsewhere. Some
II ousands OF dollars of native gold have al
ready been secuted from this NINE and other
places in the vicinity, and sold in this town to
jewelers., who pronounce it a very good quail
ity-fulIy equal to that of Australia.
Anticipatlons in this section run high for
the spring opening. The country abounds in
quartz, as well as IN large deposits of copper,
iron, lead, slate, marble, and other valuable
metals and substances, and the attention OF
foreigners has been given to these as well as
to the search for gold.