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HINEMOA-HAURAKI.

Three tons of ore from thia claim have h«a treated at Metiers George Fraeer and 5 foi' a yWd of 3oz- 9dwta sgra of bollioo, valued at £7 4a. All i Tbe meeting of shareholders in the AI ooldttinias Company called for to-day at Maws Clarke and Fleming's offioe has been jajoorned until the 16bh inab. BOMBAY PROSPECTING SYNPIG ATE. A mo«blng of fcha Bombay Prospecting syndicate was held in Mr Hewson'a hall, Pakekolie, on. Wednesday evening, Mr Johnson, managing direobor, in the chair. The directors reported the result of the assay made at the School ot Mines showed a return of 233 per ton. From a ton of stone (dry crushed) gold to tho value of 19s lOd was saved, equal to 87 per cent, of the gsjiy value. These results are from qagrti obbainod from tho 14 feet reef jo tbe 30 feat level. A report from the mine manager was read, showing thab a fair amount of permanent work had been done. Tbe drive ab the 30 feet level 1> 75 fee* long, anc* has cub through three reefs—lß inches, 7 feet, and 14 feeb. Ibe 14 fe*t reef waa opened up for 25 feeb, end the seven feeb reef for 15 foot, showing fitsc-class Btone. In another part of the property a trench has been made on a reef 20 feeb wide, showing good indications of mineral*. It was agreed bo issue 51 more slijues for the purpose of increasing the capital, and the directors were authorised totreat) with a more wealthy syndicate, for the purpose ot having the mine worked to better advantage. ( "HAURAKI NORTH. RETURN. The following telegram was forwarded by the tnin« manager to-Hay : " 105 tons of general ore including picked stone yielded Si&a.pf amalgam.". Roughly speaking this should return when retorted about £600,

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https://paperspast.natlib.govt.nz/newspapers/AS18970402.2.20.3

Bibliographic details

Auckland Star, Volume XXVIII, Issue 76, 2 April 1897, Page 3

Word Count
302

HINEMOA-HAURAKI. Auckland Star, Volume XXVIII, Issue 76, 2 April 1897, Page 3

HINEMOA-HAURAKI. Auckland Star, Volume XXVIII, Issue 76, 2 April 1897, Page 3