MINING NEWS.

Press, Volume XLVI, Issue 7392, 19 August 1889, Page 5

MINING NEWS.

[Br Th&bqbaph.] I*MK ortm COBBBSPOWDKNTJ.J T EEEFTON, August 1%. The following are the battery for the past week:—Keep it Dark,SJ4oo«* unalgam from 180 tone stone; Globe,, L6loz amalgam from 190 tone i Inkerma>n>I4ooz amalgam from 60 tons; Inglewood,, Jloe amalgam from 70 tons; Progress/ L80o« amalgam. Hard to Find—The mine manager Pβ--ports:—" I have extended the rise 9ffc for the week, making the total distance riaea. 26ft. The reef is still about the same as last week, about lft thick, showing* splendid gold, as good as any I have taken.jut of the level. Qoing north I have driven - 3ft for the week. In the faoe at the present time there is about 3ft of stone, bat it is very much mixed with sandstone. 1 rhere is a little gold, but no improvement,, [ have had one man engaged in forming; the tramway this week, buc the weatherr tras very much against it, or there would have been three chains done/ , > Welcome —The mine manager reports :—* r 'The works on hand during the week have been repairing the No. 7 level sotith, also re-timbering the uprise north of the'engine ihaxnber, connecting Nos. 6 and 7 levels. H. Currie is the successful tendeier for re? biinbering No. 7 level north and south, distance about 350 ft, the price being 5s tid per foot." ■ ■'* Nil Desperandum—The mine manager , reports:—" I have to report that I have broken down the reef to-day, and it is Looking very well, the stone showing very good gold. It is 3ft wide at the bottom,! tapering to 8m in the back, with every appearance of widening out going ahead. , * ■> National—The mine manager reports :*-i " Having reached a depth of 32ft in the , shaft and the sinking continuing exLrcmely hard, I concluded that the ahftftj was being sank on a pinch of the reef,, the lode not bein>r above a foot wide, fc have commenced driving noith from the shaft. I find the ground is already bfr-> coming much easier, aud the reef ief faSt? widening out. I should expect to have a' good-sized reef and better gold in a 83iof& distance, howover, it will not take long to. prove this." . ..-,'< United Alpine—The mine manager Ms ports :—•' Since my last No. 7 level- has been extended 86ft. The country '&•--■.£ jrood deal harder than usual, but still of ft kindly nature for a reef to live in. I have altered the course of the tunnel according bo the Surveyor's instructions, and I ant driving west half-north as hear aa poa» sible. The contractors for the wioiwi bave been making , but alow owing partly to the harduess of the seefi and partly to a break up of the partus* The distance sunk is 7ft, making th§ totw? depth 27ft. There are no eigna of tHa footwall yet, although the last aearly perpendicular. There is no increase, oi water, and the stone gives as good l a prospect asinthe N0.6 level." :.:■■■>■' ■-,<.■>•* The following quotations were issued by bhe Association brokers at noon on StthU** day:— . ■~'.. i. Buyers —All Nations 6id, Fiery Crosa 10s, Globe 22a 94, Inkermaa 19a Bd, Inglewood 10d, Lyell Creek 3d, National 4*d. Supreme 2s 10d, Scotia 13s 9d, Drakeerla 9d, Alpine 17s 6d, Welcome (new)"7a&l, Wealths 3s 6d. Sellers—Fiery Crosa 10s 7d, -Golden Treasure 2a, Gallant 8a 9d, Hard to-Find Is 6d, Inkerman2oa, Jubilee fed, Nfctiottal sd, Pandora lid, Progress 80s, Reward 2a, Supreme 3s, Scotia 14s 3d, SpeoimeaMSill Iβ Sd, Welcome (old) 12s 3d, 3s 9d. Sales —All Nations 7d, Big Eivor 2a 7d, Fiery Cross 10a 3d, Golden. Lead Iβ, Gallant 3s 9d, Globe 22s 9d; Low Level Tunnel B*d, Just-m Time lsi s *'ffSßp4tI>ark 29s (3d, Lone Star 2s, Nil JDesperandum Bs, No. 2 South 3a 6d;'Scotia 14s, Alpine 18e, Welcome (new) 8s 6d. ~,., ~- The following business was done the week:—Sales of Hard-to-Fipdaifcora la 2d to Iβ Bil, Gallants from 3s 4dto~3a 9d, Globes 22s (3d, Inkermane.lQa 9d,oJ&>b- '• in-Timee from lid to Iβ Id, Lone Stare 2$ I Nil Desperandum from 2a 6d to Ba, No. 2 | South 3s 3d to 3s (Jd, Supremes #& <%A Alpines 17a, Wealths 3s 6d. .-'•.: " u- ; k "V-α} Lone Star—Beporta from the bafcwry, aw not; so encouraging aa could be wwHfcft, though the manager ia sanguin* >d:im tolerably good clearing up on IFneedoy, next. It is thought the yield will <b#fi»mj 16dwt to loz per ton. ; "'.•■.;!;VV. ?' : s*« Be ward —The prospector report? jliflfjfc owing to the snowfall he was, pnljr MfllQ % do one day's work during the week, «o ift«p he knows nothing further cottoerniag. fite size or quality of the reef. . . v ..,-.- |><3 There was a great epurt Desperandums on Friday night and 6a&r> day; The operators did npt begin, till after 8 p.m. on Friday, and bgr ttaAo* night had picked tip many taonsaode.'of shares from 2s yd to 6s 6d. On the ■following morning oommieeions came f*ty& Dunedin and Christchuroh, which flwHw ran the price up to 8s 6d. there has been a slight decHne*4a4; t&e > price stands at about 7e 9d. the apurt, as furaiehad, is very &rk£ infilse mine manager's report, and beyond- tails nothing is known. There have been'so many false alarme in the samp , Borne people are still a little However, a very few days 'will' 1 euffl&B f :tt> prove the value of the find. ''. .' ■ '■■ \",j Inkerman —The mine manajfeereporta;: —" The south drive on the bottom tes&l has been extended Bft for the week 1 , the total distance driven from shaft ttefaSe 148 ft. The stone in the faoe of t&e Mra is wide, carrying payable. wall to wall. Be the north hue been done in this drive for the 25ft of etopiag north and south haa ; l>een done above. the bottom level, the i etose varying from lft to 4ft wide in bhe dilferent stopes, last stope showing peyatlle gold. 12ft hae been sunk in the matii shaft for the week, the total depth tasifig 22ft. I have started the winding engine. "Very little has been $Mp in the new find thie weei, the being too bad for outeide ; -if '■■--■'r , . — .■ ■ v.'yl'it '; [PKESB ABSOOIA.TION I!ELBGBAM.^»=«S ' %J Another mining boom ■, ia on Deaperaadume being the favored- etoo!l. Shares have rieen from 2s 9d, * 7e 3d to-day, in consequence ■■ ; ef ( '4lfe reported striking of a rich bloofc oltibo&p inthe'miaa. ° : '\ ■'■• : ., i: - : ! . ■•''■• ,7^