The President gave a short account of the Turner reef, which had been discovered near Jackson harbour, on the south side of Cook Strait. The reef had been traced on the surface for about 1000 feet, crossing the promontory between Queen Charlotte Sound and Point Gore, and yields on an average, by several analyses, half an ounce to the ton. Some specimens are, however, very rich. The rock is a foliated schist, and quite different from the rock in which the gold is found on Baker's Hill and Terawiti, which has more resemblance to the bed rock at the Inangahua reefs.^*