WOODSTOCK, UNITED.

Auckland Star, Volume XXVI, Issue 196, 17 August 1895, Page 5

WOODSTOCK, UNITED.

The.manager reports that the No.-2 lode varies from 3 to 4 feet in thickness, and loois well throughout the stopes from end to end of the block which is opened up above the No. 3 level for a distance of 420 feet in length, and the whole of the ore , coming to hand therefrom gives an average assay value of over £5 per ton. Driving uouthwards on No. 3 lode was stopped pesding completion of the work now in progress for rieing on the rich ore shoot pasaed through come time since. ', Here the lode averages 2 feeb in thickness, and the average ore samples broken out and assayed on Friday yielded bullion returns ranging in value from £4 to £19 per ton. Next week a start will be made to sink on this lode beneath the No. 2 level, so as to secure ventilation.' At the mile the bullion extraction is improving steadily, and experiments are now in progreas with the object of reducing the present! consumption of cyanide. ' ■■•■'. At ".: .... A meeting of directors in thie syndicate was held to-day, when it was decided to form 0 company with 75,000 shares. It was agreed to have 75 shares, of which number 42 are retained by the promoters and 28 are offered to the public at £50 each, the other five shares to be reserved •for the benefit of the company. The property, situated at Kuaotunu, includes the old Pride of the Hills, and adjoins the Try Fluke mines. .

TE PUKE,

The revival in the mining industry i B, causing others to search for gold in fresh places. The following clipping is from the Bay of Plenty " Times.".:—» Mr Fleming, junior, who has been paying us a viait is very favourably impressed with the gold prospects here, and having had some experience as a mining engineer he is something of an authority in such matters. He has been looking about him since he has been here and has purchased five hundred acres ab the top of, the property known as Lee'e thousand acres. It is eaid that he has English capital ab his back and it is hoped that ere long stampers will be at work behind Messrs Evered brothers' place, where the best reef is supposed to lie."

tIOYAL (TAPU).

Shares in this mine were in demand yesterday afternoon in consequence of a rumour that a new quartz body had been cut which showed gold fr*ely.

CHAMBER OF MINES.

A meeting of the Committee of the Chamber of Mines will be hold next Monday afternoon, as per advertisement elsewhere. GOLCONDA (WAITEKAURI).

The shares in this Company, put on the market yesterday by Mr H. C. Greenwood, have been over-subscribed.

Bunker's Hill.—The shaft is now down 135 feet through splendid country. Driving will bo commenced after the well has been eunk at the bottom of the shaft. Thie will be 10'feeb deep, of which 5 has already been eunk.