THE GOLDFIELDS.

Auckland Star, Volume XLII, Issue 155, 1 July 1911, Page 7

THE GOLDFIELDS.

£90,993 FOE THE MONTH. The returns from the mines on the Hauraki gol tf.fieldsJor the month, of June totalled £'30,993 13/10, which brings the-total f Or the five months of 1911 up to 12/4. Of the total output for June '£89,090 16/6 came from the five mine $ in Ohinemuri County. Appended aie details:— Waihl, 2"f ,318 tons £35,637 6 0 Talisman Consolidated, 4230 tons i 17,856 511 Waihi 'Srand Junction, 8665 tons 10,727 10 7 S.Z. Cpawn Mines, 1865 tons 3,413 0 0 Komata Reefs, 500 tons 1,407 0 0 Tairua,' Monarch, 200 tons ... 226 17 3 Mono'wai, 218 tons 173 13 0 New /Magnet, 9 tons locwt concentrates 86 10 7 New- Magnet, 22 loads 121 11 0 Han.<J.swortk United. 601b specimens and 201b general Ottj 469 0 0 New- Waitaia, 40 tons 373 0 0 Old Hauraki, 90 tons ore and llOlb picked stone 330 0 0 310 untaln King 102 0 0 Total for June £00,993 13-10 KIRI KXRI CONSOLIDATED. The chairman of directors (Mr. E. B. I Dufaur) reports that the rise from the low level has now reached a point some 60ft below where the rich ore was obtained some twelve months ago, and that the present ore shows strong colours and dabs of coarse gold. The secretary, who has been on a visit to tb.e

I mine, has brought down some ore fro.tn the present face, which can bo seen at the office. The stone in question ia of a really good type of quartz, and tiie gold ehowing in it is fairly coarse and of good colour. It may be remembered that some I time ago gold was got in a -winze, bu.'t operations had to be suspended' on ■account of the influx of water. Since fc'hen the company has put in a low level for over 900 ft and risen 79ft to get under the winze. At that distance up/the reef is 2ft in width, and 5E -was Caere the stone now on view was obtained. There is still about 60ft to toe riseKi to connect with the bottom of the winze. OCCIDENTAL COWSOLXDATED. The manager telegraphed, yesterday:— "Broke down the reef in. the rise; good strong colours of gold."' OLD HAURAKL The manager telegraphed yesterday ' afternoon:—"Crushed 90 tons of quartz and 110 lbs. o{ picked stone, for a return of 121 ozs. of / retorted gold. A further 401bs. of packed stone was got from No. 2 block »-'t the 300 ft. leveL E-'iVANGA. : The following 'telegram was posted yes- : terday afternoon on the Exchange:— "■Since the druw lift started water lowered 10ft." . '. KAPANGA MINE. '. IMPORTANT DEEP LEVEL ; DEVELOPMENTS. . A visit of inspection was paid to this [ mine earLj- this week on it 'being made ' i known "that pumping operations had J been res coned at the 1000 ft level after a . j period extending over some twelve years. , Everything in connection with this im- » portan.t work was found to Tae working ! very Fflnoothly. The water is lifted from the IOOOft level by the main drawing lift, 'i\scharging into a reservoir at 930 ft " down. From this it is lifted direct to ; the eurface by means of tanks and wind»j ing engines. The surface water is picked - up. at the 300 ft cistern, and there is an--5 other cistern at the 550 ft level, into '5 which the -water from the workings bef ' tween the 300 ft and 550 ft level ie led, j aoid lifted to the surface by means of

plungers attached to the main pumping engine. It is expected that the 1000 ft level will be unwatered in a very short period, when, the' manager (Mr Carylon) ■will have the shaft sunk a further 20ft, so as to give a sump to allow the tanks to lift the water from this level, and' the cages being on top of the tanks, mullock and quartz will be wound to the surface with the water. While these works are being, carried out, mining operations at present being carried out on the different gold-bearing leaders will be sus- 1 pended so as to allow this important work to be carried out with greater speed. The old column has been removed, and replaced by new from the 500 ft level down to the 1000 ft level, the old column having been under water for such a long period had become eaten through in many places by the action of the different chemicals in the water. At the surface very important works have 'been completed, which has assisted very considerably in the umvatering of the deep levels, and' saving the company thousands of pounds. A waterrace has been constructed a distance of about six chains three feet by two feet, with Oregon pine, 12in by 2in, and a tunnel driven 135 ft. By this means the creek running in this locality is diverted from its old course., and carried clear off the old workings. In the early days the runs of gold were stoped rig-ht to the surface, and during winter montlus "the water used to find its way down Scotty's, Old Kapanga, and Golden Point shafts in torrents, which has cost an enormous sum to pump out again. The adit level has been lowered 2ft 6in for a distance of 200 ft to carry the water away from the Coromandel shaft. As a result of mining operations carried out at the 940 ft and 900 ft levels, several gold-bearing leaders have been discovered in a splendid! highly-mineralised light sandstone, and when developed may lead to large patches being found. Other improvements are to be carried out, such as the erection of another brace about 20ft higher Tip the legs, from the surface, so that the tanks can empty in the launders at the surface, and the quartz emptied in ore hoppeTS, or bins, and the I mullock put over the tips, tafeen from : the cages above the tanks. The company have a hijin-pressurH condensing engine used for pumping purposes, and a pair of winding engines for steam ■Durj poses. There are two Cornish boilers carrying 801bs steam, one multi-tabular, with 120Tbs steam. These are supplied with feed 1 -water by means of two steam pumps. This mine produced £167,408 worth of 'bullion in the early days, and it is hoped that it has entered on a new era as a gold-producer. Another important feature is the mineral bar, 01 lode, traversing the low levels, anc should it junction with other lodes, the probabilities are that large patches ivil be the result. 1 ~~*-

THE SHAREMARKET. ] The Exchange now quotes In parentheses 5 reported sales, to distingtlsh. them; from, , ' transactions at the calls.BUSINESS DONE, ] . , , j AT THE &15 P.M. CALL YESTERDAY. 4 May Queen „...'.._.;. 4 . s *...... .„ -4/7 s New Magnet .....:.... » 2d -, New Sylvia ;...<....:.. 3/5 s WaioUhi 3/3 ; Old Hauraki ; ■.•.nitm.i - 2/jt J ißendigo Od ■ 1 Tairua Golden Hills lid ( Tairua Mines 2/ i Waihi i 67/, 07/3:1 AVaihi Extended .......~*.4_. 1/3. •] Walhl Grand Junction .<••»•.......... 27/0 ." Northern S.S. (cont.) 7/4 1 Auckland Trams Cord.) 24/0 ] AT THE 10 A.M. CALL TO-DAY. < May Queen 2/!), 2/8 ] Moiinataiarl ■ 5d s*d ( AVaiotahlo »... .' 3/3 1 Waiii i. G7/3, 67/ 3 AT THE NOON CALL TO-DAY. ! May Queen 2/9 Saxon 2/? Oolden Cross 1; Tairua Mines 2/ New Sylvia 3/7 Waihi Grand Junction 27/0 Tairua Oolden Hills lOd Union .Steam ..«•••■ 41/0 ] J _— t STANDABD STOCKS— Sellers. Buyers. * Bank of New Zealand — .. 244/0 1 Wutional Bank 120/6 .. — < "Sew Zealand Insurance .. !X)/O .. S9/3 t National lusurance — .. 30/0 < ■Soutli British Insurance .. 76/0 .. 74/0 1 Standard Insurance — .. 30/3 I N.Z. and Kiver Plate ...... — .. 41/0 Hikuraugi Coal 19/0 .. 19/0 i

Northern Coal IiVO .. 11/3 1 Taupiri Coal — .. 21/6 1 Westport Coal 29/ C.. 2S/9 1 Urury Brick (p.u.) 8/0 .. — ( Auckland Gas — . • 71/0 < Auckland Gas (new) 78/0 .. 7G/G t Devonport Iferry (15/ p.u.) — .. 22/6 .' Devouport Ferry — .. 34/8 • Northern Steamship (p.u.).. 16/0 .. lu/7 ! Northern Steamship (cont.) 7/4 .. 7/3 1 Union Steam — .. 41/ff 1 Kauri Timber (cont.) 16/9 .. 16/5 I I/.0 - B. Timber , — .. 27/9 ( Parker, Ldimb 28/0 .. 2G/0 s Premier Joinery — .. 30/0 ( Marks' Turbine 7/0 .. 6/0 1 Auckland Tramways (pref. • 20/6 .. 25/0 1 Au-ckland Tramways (ord.) 20/B .. 24/8 1 New Zealand Cement 33/0 .. — 1 Cousins & Atkln (pref.) ex div 11/0 .. 8/0 1 New Zealand Paper Mills .. 21/0 .. — 1 STiarlaud and Co., Ltd. (ord.) 25/0 .. 24/0 1 Takapuna Trams 17/0 .. 16/3 1 Touson Garllck Co., Ltd... 20/0 .. 19/» 1 Union Oil 34/0 .. 32/6 - Wiseman and Sons — .. 20/6 ! Wilsoa Cement (orfl.) 30/0 .. 39/0 1 MINING STOCKS— ] Sellers. Buyers. Dlson's Consolidated (p.n.) — .. 0/1J . Dixon's Consolidated (cout.) 0/2J .. O/1J Kurrtnui 0/5J .. 0/4 , Kuranui-Caledonian 1/3 .. 1/1 . Jlay Queen 2/0 .. 2/8 , MonoTvai 3/3 .. 1/9 Moauatalari 0/(J .. 0/a New Magnet 0/2* .. 0/2 New Sylvia i 3/S .. 3A Oeeidenta.l <cont.) O/4J ..0/3 Saxon 2/B .. 2/2 Victoria I/O .. 0/11 Walotahi 3/3 .. 3/2 ; Waitangi Consolidated 2/10 .. 2/S Watchman 2/2 .. 2/0 Zeehan (cont.) 0/3 .. O/2J • Consolidated Goldflelds .... 20/6 .. 20/O Eoss Goldflelds ~. 2/3 .. 1/11 ', Haurakl Reefs (p.u.) ...... 1/1 .. 0/B Hauraki Reefs (cont.) 0/OJ ..0/6 Mount Welcome 0/3 .. 0/2 Old HaurnUl Minea 2/4 .. 2/2 Kapanga 0/7 .. 0/6 > ißrenmer's Freehold 0/4 .. 0/3 BeudigO ••••• 0/7 •• 0/5 New Zeala-nd Crown 3/7 .. 3/6 New Zealand Crown (options) 0/11 .. ,0/10 Golden Belt 0/5 .. 0/3 Golden Cross 1/1 .. 1/0 Komata lieefs 0/5 .. 0/3 J. ■ IMaoriland .... 0/5 .. 0/4 Kislng Sun ' 0/4 .. 0/3 Tairua Golden Hills . ... 0/11 .. 0/10 Talrua Mines 2yl .. 2/0 Waihi 67/0 .. 66/0 Wnihl Extended . 1/10.. 1/8 Waihi Grand Junction 27/9 .. 2T/6 Wathi-I'aeroa — ..25/0 Haudsworth 0/2 .. 0/14 Mountain Kiug 0/4$ .. 0/31 New Waitaia 0/0 .. 0/7$ Kerikeri 0/5 .. 0/3} WAIHI G-BAND JCUCTION MONTHLY fIEPORT.

The mine manager of tiie 'Waihi Grand Junction, in his report of work done during the four weeks ending 20th May states: Mine Development.—No. 3 shaft: The legs of the head gear for the shait have been erected, and excavations lor engine house site completed. No. 3 -Level.—ifary Lode, east drive, was advanced 67hft, making total'length 30ft. 334 tons of ore came from this -work, averagaing £2 2/10 per ton for a width of 59in, i.e., width of drive. To reduce the grade on the track for eventually hauling the ore the rails have been lowered about. Sft for a length of 100 ft, and an electrically driven fan installed at No. 2 winze to improve ventilation. No. 4 Level. —Mary lode: East drive was continued 74ft, making total length 271>ft. 200 tons of ore came from tills point for a width of 65in., assaying £1 0/4. From 205 ft to face the lode.ls Irregular and walls badly defined, the country rock containing mineralised stringers of quartz. Breaking out the lode for the full width of lSOiu from 180 ft to 200 ft of main crosscut produced ISO tons of ore assaying £1 8/7.. Crosscut at 275 ft east: Showed lode to be GOin. wide worth £1 14/7. Stoping sets and passes for a length of 65ft were completed. No. 5 Level.—No. 1 lode (Martha) west: Intermediate drive from No. 1 winze was ■widened on the footwall side and heightened, producing for a width of S6in. 530 tons of milling ore worth £1 2/2. Preparations for stoplug and filling this block are being made. No. 2 lode: Intermediate drive past from No. G winze Tvas continued 86ft, making total 140 ft, Jioling to No. 7 winze, and producing from such work 155 tons of ore ■wota £1 8/ for 56iu. wide. No. 3 rise: Produced 22 tons o£ ore. Crosscut at 2Soft east: Was continued 28ft, male-

ing total length 45ft. This crosscut was put In to ascertain if the quartz discovered in the crosscut iv the No. 3 rise (at 60ft above the level) existed at No. 5 level. The crosscut was stopped at 2Sft of driving, no quartz having been discovered. 20ft of stopmg sets hnve been erected at No. 51 level. Grace lode east: Driving was con- ' tlnued 75£ ft, mating the total 234 ft. At 162 ft the lode cut out. 'Jhe T f.ice of the drive was turned south at 200 ft; a lode was found that proved to be 34ft wide. Flist lift assayed 11/4, and the balance valueless. After exposing the hangingwall, crosscut was stopped, and driving started oust and west on the lode, commencing at the 200 ft peg. Drive to oast extended 23tt, producing 57 tons of ore for 521n wide, worth 17/. Drive to the west extended 24ft on, sSln of stone, worth 11/. producing r>o tons of ore. Apparently the Grace lode has faulted at ICOft, ana bus been thrown 20ft ! south, but more development work is necessary to definitely settle this point. Rise at 20ft west of 820 ft crosscut advanced I S2ift, making a total of 50ft. The aver- I age value to 35ft above the level was £1! i 17/ for a width of SMIn; from here to DOrt ■up the values n-orp low, nrernglilff 8/' pGf ■ton. Crosscut nt ,TOft above level shows 25ft of low grade stone. The Grace nnd : Martha lodes at this point appsar to liavc Joined; 138 tons of milling ore came from here. 488 ft lode east, in 98Ort crosscut, south from Empire, was driven on 67ift, making total driving OSft. Produced 110 tons low grade ore, valued 8/7, for width of 311n. The lode is following a fault linn, , showing "sllcken sides ,, dipping to the j east. A crosscut projected at 75ft through the Slicken side shows country only. 451 ft I lode west in 980 ft crosscut, south from EmI plre: Drive continued 20ft, making a total I of S2*ft on 4tfin of ore, worth 7/0 por ton, and producing 28 tons of milling ore. George lode- 230 ft crosscut was advanced 43ft, makto" a total length of 85ft, at which point it was stopped, and driving east I and west on the ore found at oMt south of George lode commenced. West drive: Advanced 42 feet, the average assay value being £2 4/4 for 50 Inches •width. East drive: Advanced 44ft on 31 Inches ore, worth £1 5/5, total widfili now exposed 'being 44 inches, worth £1 17/0 for a length of 00ft. ISO tons of ore came from this "work. George lode: 50ft of stops ' timbering has been erected dtrring this period. Total development <work d-oiin in period. 768*fft. Stoping: No 2 level. No. 2 • lode, 237 tons were drawn tfrom shrinkage i block at ■Xβ. 7 winze, i'c. -i ievol, Mnrr , I lode: 350 tons we.-- new t ! etopes between 32ft vj , -"" . %.<•■ ~i -' * ■ *& So.

",' V , ■ * v -;■■' • width toelne ;, - yluze, and 252 tons came from tec 45* T... , east <"* Ko - 4 wtoie for a width of the average width being 252 lnciiM ThS-. *to<*: extend! from 32ft eW to fewest o f rise, bet wen 125 ft west to Sltt eaef nf\w ' WAIHI EXTENDED.. " MEETING OF SHAREHOLDERS: T,n.ui he o T ataar y general meeting- of snare, holders in the Waihi Extended GM r« depth of 132 ft below No: B level, at which to -wnfer. It -n-as expected, however thst operations would soon be restarted" and ffien only S feet wonld require to be Sα* before opening out for No. 6 level. :-.■•" niiii e . manager reported that- from Xo - drive, at No. 5 level, a connection had been effected with ttie Grand Junction Company's workings. This Had marked improvement in the ventilation enabling them to carry on work more economically. From the No. 2 drive a cross. •■ ent had been projected south-east, which at 124 feet intersected a load 5 feet wide, which he took to be the south section of No. 2 lode. This lode, where cut, was well mineralised, and had a very promising appearance. Driving east on this stone had been started. On the south-east • lode fa drive had been carried east 140.feet on a strong body of stone. At 118 feet a crosscut showed the reef to be 20 feet wide. Thta was low grade, bnt the appearance of the lode and surronnding conntry went to show that they were merely on the cap of both., this and No. 1 lode, which was 28 feet wide at this level, and only entering the older andesite in this section of the mine. At the No. 0 level lie was confident that, payable values would be met with, on botlt these reefs, which on their present strike would give each a length of 1200 to 1500 feet. On the Mary lode tho Grand Junction Company were driving at Ncs. 3 and ,4 levels, en payable' ore: both faces were within 200 feet of Extsnded boundary. The rontlnunnce of this reef into the; Extended sLould be proved wltfiln six to elgllt weeks. At present everything pointed to a continuation of tlie payable ore Into the Extended Rrouiid. On the wiole, the prospects for the incoming year wer& exceedingly good recent developments showing tiiat at least five lodes lived through the pro- v perty, each giving promise of payable reeults when developed laterally at No. '6 level. The balance-sheet showed the liabilities te total £52,096 4/o}, Including £i>1,551 3/li In paid-up capital. The assets included property, leasehold, etc., £5108 7/: mine plant, £3326 16/11: Maratoto development, £822 5/S; mine development, £4].717 G/4; cash

at bank, mine, and on hand, £042 0/11; office safe account, £23 12/6; total, £52,(KH> 0/4; leaving a debit balance to profit and loss account of £65 14/BJ. . ', ■ ■_. On the motion of the chairman, the re-, port and balance-sheet were adopted. ' The retiring directors, Messrs. .1. J. Craig and N. McLean, were re-elected, and Mr. H. J. Lee was rcappointed as auditor.