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HAURAKI ASSOCIATED.

Much better results are met with in the slopes on the footwall lead, No. 2 level, payable oVe being Avon with gold left showing in the back of stope. A leader has been picked up on the surface from which fair picked stone.has been secured.

, Cood payable ore continues to be won from winze at No. 2 level, the last shot fired producing ore of good quality. On December' 24 ceased for the holidays all operations except the No. 3 level. Work again resumed on Monday, 9th inst. No. 3 level is now in 640 feet. The country for the last 20 feet or so has been bad for working, being short grained and hard, which has made progress slow. A change has. however just come across the face and the country now looks exactly the same as that in the winze and with mineral seams running through it. ETHEL REEFS. ■' Rumours being- current that Mr Thornton is no longer manager of the Ethel Reef G.M. Co., Ltd., we are authorised to state that they are untrue. They evidently arose from the fact that a change has taken place in the personnelle of the mine management under Mr Thornton, Mr Tierney having been appointed mine manager in substitution of his predecessor. WOODSTOCK NORTH GOLD MINING COMPANY. An extraordinary general meeting of shareholders in the Woodstock North G.M. Co. was held yesterday afternoon of the National Association's Rooms, Mercantile Chambers. About 18,500 shares, including about 10,000 fully paid up shares, were either present or represented. .

Mr J. Dixon was voted to the chair.

Messrs J. Barber and Win. Kayll presented a statement showing there was a deficiency of £12 odd. Mr Barber said one man could now complete the business of liquidation of the company more expeditiously and less expensively than two, and as the speaker represented the holders of paid up shares and Mr Kayll the contributing shareholders he would be winlling to withdraw and leave Mr Kayll to complete the business.

Mr Barber's resignation was accepted, and it was decided to leave all matters in connection with the final winding up of the company in .the hands of the_ liquidator. The holders of paid up shares present stated that when all accounts were paid they would be willing to let the conipanj'go.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18990111.2.56.3

Bibliographic details

Auckland Star, Volume XXX, Issue 8, 11 January 1899, Page 5

Word Count
385

HAURAKI ASSOCIATED. Auckland Star, Volume XXX, Issue 8, 11 January 1899, Page 5

HAURAKI ASSOCIATED. Auckland Star, Volume XXX, Issue 8, 11 January 1899, Page 5

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