NEW WHAU.

Auckland Star, Volume XXX, Issue 212, 7 September 1899, Page 5

NEW WHAU.

A start has been made to drive on : the hangingwall reef which is now aline compact body of ore about ISm in width, in which a few nice colours i of gold have already been seen. TAIItUA BROKEN HILLS. 'Die company that took over the Broken IlilJs mine, Tairua, has now some thirty men at work, both driving on the reefs and erecting the twenty-. stamper battery and cyanide plant. IKON CAPS. The manager of this company has [ been instructed to commence opera- ! lions upon the reef towards the Iron C;>|). H is estimated another too I'eefc ' will require to be driven to get the reef. The area held by the Iron Cap Company is now about 75 acres, as additional land was recently taken up. ORIGINAL GREAT HARRIER. The ordering of a new battery by i the Barrier 1 Jed's Company will no doubt result in other properties at the i Great Harrier island being developed. The directors of the Original Great j Barrier Company intend to resume I work on that property at an early date. OCCIDENTAL. The drive in the Hague Smith reef is in l'J") feet since first intersected, and the country is still of a, good description for gold. The break has not yet junctioued with the main reef, but by present appearances soon should do so. There is a nice looking stringer of quartz on the hangingwall of the main reef which contains minerals of a. favourable character. .MAY QUEEN EXTENDED. The Hague Smith reef continues to I carry good mineral with colours oi! gold. The manager expects to send some of the quartz to the battery at the end of the week. The directors have decided to sink the winze where Jenkins Bros.' got: £3000 worth of gold another 150 fee!.! Tenders are also being called for j cleaning out the Adelaide tunnel, with a view to extending if to gel under-1 nea.th (his point. KAURT !■'l ;Kr: 11 OLD ESTATES. Encouraging accounts have come to; hand regarding the lirst crushing of ' the Kauri Freehold Gold Estates new 40-stamp battery at Opitonui. The actual result of the clean up will nor be made public before the end of the week, but sufficient is already known to prove that the yield will be a satis- : factory one. Accounts from the mines are also good, it being understood that' a new reef has been cut carrying good gold. MARATOTO. The annual meeting of shareholders' in the Muratoto G.M. Company was held this afternoon in Mr R. .McDonald i Scott's office, when Mr J. MeConibie I presided. The annual report showed j receipts £ HS)B 11/, of- which £1245; IG/3 was from calls. The expenditure i was as follows: — Wages .L'iil^ 14/7, I general charges, including mining re- I quisites, £4'M S/8* contribution to , road .U. r>o IA credit balance C lot C/G; total £1-198 11/. The report further stated that the Pay Rock reef ; had proved satisfactory, an unusually j rich body of ore, having been discover- | cd. There was every probability of | the reef being cut in the No. 2 level, j The 15-head stamp battery should be j completed next, December, and the j directors believed the mine would j prove a valuable property to share- j holders. The. managing director's j report was also read, giving details of j the work done in the mine. It stated | the tip-heads above contained 1500 tons of ore. averaging by assay £2 5/ ton. A very large quantity of ore could be obtained at short notice from the Maratoto section of the property. In the Payrock section, outside of the rich chute the ore was all considered | payable. Ore of an average value of £12 per ton had been taken from the rich chute referred to, particulars of which have been previously published. The run of payable, ore at No. 1 level had been proved payable for 600 ft, and appeared to be improving. Good progress had been made with the erection of the battery. The report, and balance sheet were adopted. The retiring directors, Messrs John Endean and John McCoiubie, were re-elected, an<3 Mr D. B. McDonald was appointed auditor.