Colonial Exhibition, 1886. 
auriferous quartz and granite, amongst them a water- 
worn lump of quartz containing veins of gold, said to be 
the first nugget found in Australia. There were also 
some cubes 2 inches on the side, of auriferous iron 
pyrites. Another ore contained as much as 3 to 6\ oz. 
of gold per ton. It will be remembered that pyrites 
has been often mistaken for gold, and that " Master 
MARTIN FROBISHER" in 1577 when searching for the 
north-west passage, laded his ships with this ore, with 
which he returned to England only, to find, as he states, 
the old proverb verified, " all is not gold that glistereth." 
Viftoria exhibited as the first gold discovered in that 
colony, a small lump of iron-stained quartz not bigger 
than a hen's egg, showing one speck of gold in a small 
cavity iV of an inch in diameter. Gold is found in 
Victoria in veins or reefs and alluvium. One company 
started in July 1865, with a capital of £12,000, began 
crushing in November 1868, and has since won 452,794 
oz. of 20 carat gold or 1 oz. 11 dwt. 22 grains per ton. 
This gold was worth £1,596,645, of which 60 per cent 
has been paid to the lucky shareholders. 
Vi6loria shewed an arch apparently of gold bricks 
weighing 1,000 oz. each, representing in bulk the 
amount raised in the colony to the end of 1885, viz. 
gold to the value of £216,000,000 or $1,036,800,000. 
It is unnecessary to say that gold mining is prosecuted 
with skill and energy. The Government spends thou- 
sands of pounds a year in prospering with diamond 
pointed drills, and cores'of from 1 to 3^ inches diameter 
were shewn in the Viftorian Court. In 1885, 735,218 
ounces of gold were raised in the colony. May we 
indulge in the hope that British Guiana will some day 
A2 
