Latest Mining News

Waihi Daily Telegraph, Volume IV, Issue 1080, 30 August 1904, Page 3

Latest Mining News

TIIB WAIMANGU MINE

Mr E. H. Adams, mining ongineor and surveyor, givos a very favourable report of tbe above property, which is located at Wharekawa, and comprises 100 acres, including the old Phoenix mine, On tho surface, a reef known as tho Waiuiangu has been stripped for a longth of 170 feet, and at a point whero a crosscut has been put in shows a width of about 9 foot be* twoen well-definod walls, For a width of 3 feet the avorago assay value is M pur ton, and the rost of the reef givos payable results. Mr Adams Bays that tho ruino has great possibilities, and that ho wonld urgo the owners to proceed with its futuro development. The owners intend floating tho initio into a company of 100,000 shares of 2s each. AUCKLAND SHAREMRKET. To-dav's Noon Call. Kr, R. G. Macky, shavobroker, reports the Auokland Stock Exchange quotations at noon to-day aB follow : SALES Kuranui, 1b Id, Is Mahara, Bd, 9Jd Eclipse, UJd, 10Jd Moanataiari, Is 10d, Is lid Alburnia, is Bd, Is 10d, is 7d Viotoria, 2}d Prides, Is 3d, Is 4d Extonded, Bs 3d Freehold, od Hauraki, con,, 2s Golden Spark, 4d SUtiLKRS Kuranui, Is 3d Caledonian, Is 3d Eclipso, la Alburnia, Is 8d Victoria, 6d Saxon, 4}d Coronation, 6d Golden Belt, piid up 3s 2d Komatft, 2s 4d Pride of Waihi,!ls4d Talisman, 1* Beach, 4d Consolidated, Is od . Nxto.ided, 8s 3d South, 6d Four in Hand, 101 Freehold, Cd Hauraki, paid 2s Bd,;.eont,, 2s 4d Golden Spark, fid HUVI'B'i Caledonian, Is Id Eclipse, 9ld Albumin, Is Id Saxon, Bill Coronation, 5d Goldon Bolt, paid 3s, Komata, % Qd Pride of Waihi, Is 3d Talisman, 6s Beach, 3d Consolidated, Is Id Extonded, 8s Souths, 3d Four in Hand, 8d Freehold, 4!|d Hauraki, paid 2s 2d, cont Is lid Golden Spark, 3d