THE GOLDFIELDS.

Auckland Star, Volume XXXV, Issue 250, 19 October 1904, Page 2

THE GOLDFIELDS.

BUNKER'S HILLu Shareholders in the- Bunkers Hill Co. held their annual meeting at 2.30 o'clock this afternoon, when Mr. A. Heather presided. The report gave details of the work done daring the year, and expressed the desire of directors tiiat a committee of the largest-shareholders should he set up to confer with the Board as to the- future working of the mine. Ike statement of . accounts showed receipts £3381 11/5, of which £1331 0/3 was from gold, and £756 from the Old Hauraki Company. The expenditure showed a credit balance of £483 4/8, and outstanding accounts £293 IS/. On the motion of the chairman the report and balance-sheet were adopted. _. WHANGAPOUA CLAIM. The owners of the Whangapoua claim, Messrs. Lillis and party, • crushed half a ton of ore for a return of £37. KAPOWAI CLAIM. A crushing of 135 tons of ore from the Kapowai mine, Gunitowß, yielded bullion worth. £'112. Ml>*E MANAGERS' REPORTS. Harbour View.—The crosscut is in 4'iSfjt, and as w-ntei- is coming- from the face, it i.s thought tho Rainbow lead is close at hand. lil the Associated section about 9ft have boon driven on the hangingwall. The Rainbow lead nt last breaking- down showed a little gold in the stone, a few pieces being good enough to class as picked stone. The two leads will j-unctioii a few feetf nhpad, when better results should be met with. Overhead, the lead though small shows a little gold, and is.intact from the Smiths- level downwards. Golden Belt—The road level has been cleaned and ro-timbered. A rise has been started to connect with the. winze snnk from the .top crosscut to. secure ventilation. The low level is in left. At the battery the contractor is making good needwax. old Hauraki.—The drive on >*o. 1 lead between the 400 and 300 ft levels is in 50ft. Ihe lead is well denned, and in excellent country for gold. In the footwall there are from 4 to 0 inches of kindly looking quarts. Some few feet back there is a strong flow of water from the footwall tiurl as there may be a body of stone in that direction a crosscut is bein;; pnt in At the 220 ft level the stone has a kindly appearance, but do gold has been seen At the 160 ft lpvcl the lead is composed of pug. and a little rnbbl.v qnartz. The new lead, the manager considers, moy make picked stone any day. New Una.—The manager of the New Una Company notified by telegraph yesterday that in.thp drive in tbe May Queen Extended a 3-inch leader was cut Bhowlne colours and dabs of gold. Hauraki Freeholds. -Toe winze has connected with the intermediate level. So fsr -!ho'r1 n ]'£ BCe -i the rPef ls a impact body about lft wide, and containing a large amount of silica and minerals, "which"re usually associated with g»ld in this reef Bunker's Hill.-In the stopes the 41n loader above No. 3 level is 2in wide -fnd bus v most promising appearance The hf sp tlecw! r np^ CDglneer ' wr,tes on Mariner's reef i= now j n progress. The country is intermfxed with mineral veins. The reef in Uie first stope varies from lft to 2K 'in thickness, and the quartz carries nice minerals and silica. L the second stap" a soft C ] ay seam has decrc rf th £ iiffliffi bnt tVe maca^r Ab* "■in make again. iom ho. 1 winze, showed gold. \ w in 7e has been started on the porhon of the me> whin], fa $£&*$ ad quartz and sandstone, the latter containing numerous quartz stringers Portions of the ore that are coming to hand are well mineralised, and look as if they are of a fair quality. So far neither wall of the reef has been touched as yet, but it is intended to do so later on before dscontinuing the sinking of the winze.