WAIHI-SILVERTON.

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

WAIHI-SILVERTON.

STONE WORTH £7 TO £8 PER TON.

The future prospects of the Waibi-Si-ver-ton mine contine to improve as the stone cub in. the low level was assayed to-day and. proved to be worth from between £7 to £8 per ton on the average. ; The manager, in his report: today, stated thab during the month very 'good progress has been made with . tbe main crosscut from the shaft. Ib is ..now in a distance of 193 feeb and the reef should be in hand any moment. The country being passed through is a splendid class for driving. The manager also reported upon the timbering of the drives and tbe work of driving to the kilns. A contract was lob for six steel percolating vats ab £56 each. Should the presenb fine weather continue, the manager expects to be able to start crushing by the end of October. WAITEKAURI SOUTH. This holding, which comprises 50 acres at Waitekauri, is ab present being placed on the local market. The property is bounded by bhe Waitekauri No. 5 and the Jubilee Special Claim, and within a few hundred feet of the Waitekauri Company's mine. The outcrop of two reefs 6 to 8 feeb in width respectively has been found on bhe property. The well known Scotia creek traverses the property from which gold-bearing boulders .have been taken which carried gold. The promoters propose to divide the holdings into 70 shares of 1,000 scrip each, lb to be reserved for the company, 25 to bo retained by the promoters, and 30 to be Bold to the public ab £30. Of the purchase money £850 goes to the development of the property and £50 for cost of survey and registration. Nrw Alburnia,—Mr Radford and party of tributers, who are running stopes on Dixon's reef at Clone level, cleaned up today for tho remunerative . yield of 22o_* 18dwb melted gold. This ia tho result of a fornighb's operations. (BIT TELEGRAPH.—OWN CORRESPONDENT.) I Thames, this day. ,Mat Queen.— Ab the presenb, work upon wionorth-wostand No. 4 ore bodies is confined toatoping only. In tbe former a leading Btop9.B_n progress, and has been advanced ."distance of 7 feeb from the starting poinb. .■Hie size of the lode is consistent with thab '"carried along the level, viz., 4 teet, of "leh-class ore in which gold is frequently •Wo. and occasionally a few pounds of Poked stone are selected. It is intended jo carry this stope on the whole length of .the n'ayable ground opened, and then retimber *h the section of the drive, as since '~waa. opened the country has shown an inclination toswell,and itisessentialtoremedy '°i 8 defect now, or prior to the commencement of extensive sloping operations. As ©ore ground is opened up over the level, there-ulbis bound to throw more weight 0" to timbers, consequently Mr Burch in'endß to secure thiß level before he resumes driving on the No. 4 reef eastward. Ib will "lerefore be seen why these important works have boen temporarily suspended, at>d as soon as tbe above-mentioned, works We completed it is his further intention to P«sh o n W ith the drive on the 4 level. The *cc. »n the face is fully sft in thickness, grated into ribs of solid quartz in which «"our ß oi gold have been seen. Ib is also a fine class of minerals. The wrthwesb lode eastward oi junction, has 'PParently lost ita solidity, and is ab pre.jW merely » clayey formation; As this oie is noted for its peculiarities ib is only fS-°i"- ble t0 Buri-»ise that it may at any „„ driven, agsume its usual size and apwanca. Sloping on No. 4 lode westward len\ aulbie witDOUt change, An excel- - eupply 0 f p & y a ble ore continues to lirH 810 hand* Eastward of the fault very w >opiDg has' s0 far ' baen done' Por' cernJ _ may b9 interesting to those conem?.a fcolearn the length of stoping Uci w °n th" lode is very extensive. ' Ib if°x 7 lode from fcne eastern faulc, « fully 300f& iv length, bhen the