OUR GOLDFIELDS.

Auckland Star, Volume XXVI, Issue 212, 5 September 1895, Page 12

OUR GOLDFIELDS.

GREAT KAPANGA,

. Afc a meeting of subscribers for shares iti tho above holding, held at the office of Messrs White Bros., Queen-street, this afternoon, ib was decided to form a company under the no-liability section of the Mining Acb, with a capital of £15,000 in. 100,000 shares at 3s each. Mr E. J. White was elected manager" (at a salary of £2 per week) ; Mr Eller, auditor ; Mr F. Earl, solicitor, and the Bank of Now Zealand bankers. Tho qualification of a director svas fixed at 500 shares, and a ballot being taken tha following gentlemen were elected :—Messrs J.. McFarlaue, T, J. Julian, J. Chambers, Younghusband and J. ! Smith. I WAIHI EXTENDED. The manager reports that work is progressing well in the mine. The drive is in 180 ft, and the country ia much softer in the face. Tho drive has npw reached the centre of tho spur, and will give 100 ft of backs. There is a considerable flow of water coming in which ia an indication of the proximity of a reef. There are still I6oft to be driven beioro reaching the Martha-boundary. MARINER. The directors of thia Company meb this afternoon to consider a proposal received by letter asking them to fix a. price for tho sale of the property, which consists of sixty acres ab Karangahake, naar the Imperial and United. - LUCKNOW LICENSED HOLDIN G. This property consists of SO acres, and is situated on bho Tokafcea Range, Coromandel. It adjoins the Londonderry Dawn of Hope and Great Kananga. Mr George Stevens, of Coromandol, who prospected on the property reports thab he obtained gold in three different parts, and the Waipawa obtained 450z of gold without doing a great deal of work. As the ground can be worked by tunnels, ib will require very little capital to open up on the different leaders. As will be seen in another column, it is proposed to form a Company (noliability), capital £7,500; 20 shares to be retained by promoters and 30 sharos to be offered to the public afc £25 each. . AURORA. Shareholders in this holding meet ab fche Chamber of Commerce to-morroiv for fche purpose of forming a company. MAORI LAND. A meofcing of subscribers in tho Maoriland Special Claim (Kuaotunu) will bo held at tho office of Messre Cook and Gray at 11 a.m. to-morrow. The business is'to form a company, elect directors, etc., and to conside* an offer for purchase of the property to place the same on the London market. STANLEY-RED GAUNTLET. Meetings of directors in both these Com* panics have been called to consider the question of amalgamation.