Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

THE GOLDFIELDS.

NEW WAITAIA.

Shareholders in tbe New Waitaia G.M. Company, Kuaotunu, to-day received a dividend of threepence per share. This meant the distribution of £1,875. MOUNTAIN KING. The manager telegraphed this afternoon: — "Crushed B3 tons for 67 ozs., value £261." MINE MANAGERS' REPORTS. Waitangl. -The intermediate level U along 41ft. lv breaking down the leader free gold :iud teburides were seen. Three pounds ot picked stone were selected. The leader averages about (jiu In width. Driving soutli on No. :i stop."-, the No. 2 leader showed gold and tellurites, and about three pound* of picked stone wore secured. The stone is 40ft in length. The rise has also been put up six feet and a fourth stone started. In breaking down the leader, gold aud tel. lurides were seen, and a little picked stone got. At No. 4 Beach level, driving west the new reef is about two feet in width and carries favourable minerals Golden. Belt.-The N„. j | BV cl has been cleaned out, and a block of payable ore will be opened up lor stuping The leadirie stope at the intermediate drive is being taken along by two men. In the slope over the low level, tbe slope shows coarse gold The

Waiotahi.-The shaft bus been deepened nine feet making a tntil of GU from the surface. The cross r-.-f is now gw™ii_lj dipping out of the shaft, and a further six feet of sinking will fake it throneh the quartz A little water h:ts to be" baited out, hut not enough in interfere with sinkinc. The new machine drill is expected'" any , , t0 ™ atinup rise from -the I.COOft eve. The. deviation of the main crosscut rh. fll w*i ?*!?• This leoTr,s 18Mt to reach the Wjiotahi boundary. ..nd So9ft to com plete the Deep Levels Bond's work Dominion -The drive at the east crosscut. low level, Is in Mlfr. The eonntrv is stil favourable., with quartz stringers traverslie n~ fr™ ll}' 1 , rtlst,,rb '-"i- and water ls com ! in? trom the face.

Kuranni.—ln the Maeazlne crosscut the drive on the reef is in 7ft. Operations r^e7 i s e ß n.,r PeUde< ? f ° r Lbc ?"*«* ««£ JT,t *„ -L up °wine tn a break crossing the face. The face or the Magazine crosstwo sniftT" n bCiDe l>UShed ahCad Wfth

■p„™_L_* 1 " ,pn ~ AI Vf> 1 " '""<* flOOrtm «,» vanguard crosscut is in 113 ft. TOie conntry 00 1 ') ,:;I .'' ,z - : " il i "'ut.v vetag' are treonently met wifli Thames Deep Love's.— The deviation of Lie. main crosscut is in 343 ft A small met with. Two smal black seams in Hi* nature of breaks have been c™ bit m free frnrn water.

n.easiiri-np a hunt 1." ' inches. The I one shows sulphides nnd 3 in„ blend. The Quart* referred to in the fontwal! was a riri measnrius four tnr-li» s . When -cut tnrongn tbe sandstcne wns exposed. Owinc to wet weather, a poor! deal of time Is being lost with the surface works

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19130805.2.92

Bibliographic details

Auckland Star, Volume XLIV, Issue 185, 5 August 1913, Page 6

Word Count
492

THE GOLDFIELDS. Auckland Star, Volume XLIV, Issue 185, 5 August 1913, Page 6

THE GOLDFIELDS. Auckland Star, Volume XLIV, Issue 185, 5 August 1913, Page 6