THAMES TALISMAN.

Auckland Star, Volume XXXI, Issue 234, 2 October 1900, Page 2

THAMES TALISMAN.

The contractors have driven 82 feet. iThe class of country penetrated is a splendict class of sandstone, but of a rather light nature,.which retards progress. IMPERIAL. In the drive south No. £ reef is not *!a .'go'lid body of ore, but is ' Composed of a number of strong ribs and veins tff gtiartz -with small bands of quartz between.- The easterii crosscut froni 3S T6. 2 reef is in 84 feet. The reef soug-ht for cannot hoW be far away, ttccbrdirig1 t6'the present piosition and ■underlie of the lode in the upper work- ' ings. HAUtfAKI ttQF, 3. ; The wiiize is ih good country for which : is heavily charged with iiiinerals. The leader is from four td :kix inches wicfe and carries very prb- " inising looking- stone. WAIHI CONSOLS. The bore was dtortvn twenty feet it was stopped owing to the bad weather; Mearfwhile the drive is being pushed oh, aand is now in 25 feet; The ■ country is full Of water, and troublesome to work. BtfNKEE'S iIILL. The north-east crosscut is in il4 ieet from the starting point. During the week a reei formation measuring "about four feet in thickness was passed through; which carried strong ibutiches of quartz, but as no gold was ,seen the crosscut is being continued. iThe western drive on the No. 1 reef is passing through country that is improving as the face proceeds. The .quartz stripped in the two faces will ,tie broken down next week. DltßDGix^G RESULTS. V The dividends declared and paid by '21 working Otago dredges for the six months' of 1900, ending June 30, was, ,''!£42,BSB. The capital of the 21 Com"panics totalled £1^2,876, the returns "thereipfa being at the rate ctf 28 per :cent. for sii mbntlis' only. The yield iof gold by da-edges for the present year ;to September iBtK was 45,3176z- 18dwts ; 19grs. The dividends declared .during the . month .ending September 20th rwere as follows:— Golden Beaclt, 1/ per Etiare, £650;. Ciiaritbh Creek, 1/ per Jhai-e, £20; Crymwell, 5/ per share, Clycfe, i/o p&r share, £300; Electric, 2/ per share, #,2,600; Gdlden Crate,. 2/ per 'shds£; .£2S(J; L&wren'cej 1/ pe-r share, £75; Success, 4/ per Miiair'e,. £4SO; Golden Treasure, 1/6 per Share, £215; Upper Waipbri, Id per sJiaffe, £240; "v'iticeiit, .2/ per share, |£^5Ct; WaimuMii denti*al, 1/ per-shdre, t£3so. Total The. yield of ,g<pld for the quartei*" ending Mai'Chi "•frbiri 3*4 dredges was li3246zs' 18dwts iSgfs, aiid for Ike quarter endlttg Jxtrie frotn: 33 dredges, 14,2540zs .' 19dwts 'iog^s. THfe yield" for 3\ilf' Wak *r,55i ;'iW!&edwts 9grs, afad fOr August 5j8240zs '6dwi!s ISgTSI. . . ~'" ' ' .. ~ £" MAt, Que^n'.' !' , t to A-t No. i level the :df c frottl No. 4

flo'dd ih: the stores' MU Been fdlliilg ■■tan 1 m" quality- aiid in consequence the Vatdp;egiwili;be s-hortehedtd about 60 Kie'et. East of the cirbss6ut the lode Averages afeoiit 18 inched, i^ ivfell defined and shows gold distributed tiie tire at each breaking »a6wni Easib of" tHei-iiiaifi bredk the P-ioHe i§ . very disapppintihg in the &§tbjjesj Mhd w6rk has been discohthis pdint. TWo itien are, ?M)wev^f, Employed on a small ieaaeJ west bi 'the Brossciiti whicfi. they secure a few pbiihds '^dl picked sidne bc'cas'i'onaily. Nds'; 3 and 4 jstopes have been extended 2,6f {. and 3&ft feSpecjiive,iy v Altogether '''458 ft were driven ibr 313 tons of ore I ffoni Mis lodS during the jpast four i^eeks. ■ Cardigan gectibri; No. 2 lpde> ~H$V.f i-'t ievel: The: .di-iye on this lode 'tias'been extended a further,4iit-, mak|ing a iotal distance oi 38§fl west ;bf : (the cfbsscui. A.rise' 17ft high hasi also fceen put up to connect with Sfo. i tjwinzej thus establishing good; ventilayiibn in this part of the mine: The ..j^stopes QOii back from the face did not A/pfoye pa.yablej .-arid have been discontinued. >Vbrk at this levels is riov>' i'-.confined ,to extending, the drive and heatrying; along a leading stope; Thfe oiode in the fact is , Cifa .thick, and <~,s3io\ys goid very ifeely-s'A:; trial crushing of 4i tOnsfrom. the bottom \i>i .tlie* rise .gave p i^ttirh of :sozsdwt \oi vaiuCd at £15 0/7, equal to '«3 6/9 tOni A se"corici trial is pow' icing broken Out* £tnd Should it tnrh iiit satisfactory the s nuihber Of; men. ill be indfeased her"c. The drainage #ss6ut hks been dr'iveh 233, feet ifa ffht "WeeKs^ Irat had td toe sto^jtea ring' it* the Unexjiectea stoppage ih ie QtlSeil Of Beauty shaft below No: a lSVeii a.lldvi'iflg: the i crosscut >,ib be idddedi";',' ;■,:■ \' . ': .'■:' •■"