The description of the asbestos area of Wolfestown is given by Mr. Ells. It is situate on the north-east extremity of a serpentine ridge which extends south-westerly, with many interruptions, from the road leading from Coleraine Station to Wolfestown, in the vicinity of Lake Nicolet. It belongs to Mr. John Bell (John Bell & Co., asbestos manufacturers, London), and considerable sums have been expended on the property in the way of exploration. The surface indications are said not to be equal to those at Black Lake, but show at several points numbers of veins, some of which are from one and a half to two inches thick. A very fair showing of workable veins has been exposed on the upper part of a deep cut, which it is proposed to intersect at a considerably lower level. Should the same rule of increase which holds good at Thetford and Coleraine obtain here, there should be good paying ground exposed when the lower level is driven in past the cap of barren rock, provided the veins already disclosed are not cut off by faults, whose presence is noted here as at other points. The total amount of asbestos taken from the Belmina district Mr. Ells puts at about twenty-five tons. Considerable quantities of chromic iron are found on the hills in this area, which embraces about six hundred acres. The foregoing are all the Canadian mines now in work, as far as I have been able to learn, certainly all of any importance. There can be no doubt, however, that as the demand increases further explorations will be made, and new mines discovered, as well as that increased capital will be put in to further develop those already at work. At the present time the supply scarcely keeps pace with the demand, and capitalists are beginning to wake up to the importance of this industry; _it having been now conclusively proved that mining for asbestos, properly conducted, shows a more steady return for the money invested, with less elements of risk, than mining for any other known mineral_.