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THE PHOENIX COMPANY.
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the whole of the lower Glenrock Valley, and a good idea of its extent may he formed from the sketch taken on the spot.
Through
the kindness of Mr. Eyan I had an opportunity of visiting the Phoenix
estate, which, as I have already mentioned, occupies ground adjoining
and to the south of the Glenrock and South Indian properties.
The
situation of the possessions of the Indian Phoenix Company is very
commanding. The only approach to Glenrock from the high road passes
through Eosedell and St. Thome, a series of rounded hills almost
destitute of trees, but which it is believed will be found to contain a
good supply of auriferous quartz, at present hidden below the promising
outcrops plainly visible on the surface.
Following
a footpath across the Eosedell estate, just below Hadiabetta Peak, we
entered a considerable scrub wood upon Lytton, where the ground begins
to descend rapidly. Thence rounding the spur of a hill to the left, we
reached the picturesque waterfall at the head of the Phoenix Valley. On
the opposite side of the stream rises the lofty timber-covered range of
hills upon the Palmerston estate— now the property of the Indian
Consolidated Gold Company—dipping almost precipitously to the water.
About
nine hundred yards below the cascade, is the site of their reduction
works. The valley narrows to this point, almost becoming a gorge ;
thence it
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