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CROWN.

I The 8-sny value of the bullion obtained | froro the 500 tons of ore treated lasb month I L thia Company's battery was £2,903. I l THE WTAIHI MINES. 1 Mr Charles McLean, manager of the i w ß ihi Extended, who was in town to-day I is Very enthuaatic on the prospects of future i oporstiollß in that locality. The outlook so I » a 7aß the Waihi and Silverton mines are I Ueerned, Mr McLean says, was never I more bright, and the probability is that the 1 ear future will see greater developments I tbBD anything yeb recorded. The coi?sbry ijronnd the Waihi and Waihi-Sil-verton has been taken up. The jgvona and Brilliant mines have been floated in London, and bo the norbhward tiro areas each of 100 acres have been pegged oub also, we understtand with a view to them being placed on the London BB rker- On the north - western side I of tbe Waihi mine an area of 200 acres 1 j s under offer to English captalists at the prisenb moment, and in the Waihi Extended, which touches the Marthaboundary, tbe prospects are most encouraging. The drive has been extended 145 ft and there j 3 -another 250 ft to go to reach tbe Martha boundary. The drive cut 45fb of small quartz stringers, but there has been no quartz showing for the last 15ft, and the country is more solid. If this country continue.., Mr. McLean says, it is more than probable the Waihi Extended will pickup a big quartz reef shortly. .. ROTOKOHU. An area of 90 acres at Karangahake has been taken up by Mr E. Ryan and party. Jb « bounded on the south-west by the Golden Fleece. It is intended to place the property on the market as a syndicate company, probably in the South, where a good many of those interested reside. CUMBERLAND. Mr Douglas has received a cable message ffom Mr Smellie, stating that when he rehires the nece.sary powers and the titles are complete, he can float the Cumberland on the Home market. Mr Douglas has already seat home all the necessary documents, reports, plans, etc., but the application for the lease has not yet been disposed "of.; This will most probably be granted on the,lsth inst., when the Warden's Court sits. -''*'■ ,'...'.;. WHAREKAERAUPUNGA. - Mr B. Kersey Cooper, who left for England to-day, will place upon the London markeb several mining properbies. One of these is a special -claim oi 100 acres situated aba place called Wharekaeraupunga, aboub midway between the WTaihi jnd Whangamata goldfields. A reef 50 leeb wide has been found in this claim, from which it ia stated excellent prospects , have been obtained. > THE THAMES FORESHORE. The urea ab the Thames which Mr J. W. Walker pegged out comprises the Thames " foreshore from bhe fdot of Albert-sbreeb to the Powder Wharf near the Shellback, also the Kuranui and Shotover mines, and adjoining giound, and the beach section fronts the great gold producing mines of > .the pasb and. present, the reefs of which all 'trend seaward. The claim made by Colonel Fraaer has now been amicably settled, and the prospectus can be placed before the public The area comprises 140 acres. It is estimated that £50,000 will be required to develop this property. >

Bunker's Hill. — The manager telegraphed to-day :—" Shaft down 120 feeb in good country."

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18950810.2.24.1

Bibliographic details

Auckland Star, Volume XXVI, Issue 190, 10 August 1895, Page 5

Word Count
560

CROWN. Auckland Star, Volume XXVI, Issue 190, 10 August 1895, Page 5

CROWN. Auckland Star, Volume XXVI, Issue 190, 10 August 1895, Page 5