MINING NEWS.

Auckland Star, Volume LXIV, Issue 148, 26 June 1933, Page 4

MINING NEWS.

CROMWELL FIELD. FRESH AREAS PURCHASED. Following the purchase of the claim at Cromwell from Bell and Hooper and the subsequent flotation of Bell Hooper Cromwell Gold, Ltd., the Ao-tea-roa Uold Prospecting Co., Ltd., have now purchased the freehold of six sections on the Cromwell Flat from the Sarita Development Co., Ltd. The total area comprises over 03 acres and adjoins the area now being mined by Bell Hooper Cromwell Gold, Ltd., and is adjacent to the claim of Bill-Kilgour Gold Mining Co.. Ltd. The Ao-tca-roa Gold Prospecting Co., Ltd., is proceeding to form a company to prospect, develop and mine the area. It is intended to call the new company Cromwell Consolidated Goldiields, Ltd. OKARITO RETURN. The latest Okarito return shows a yield of 920z 14dwts for 120 hours' working. MINE MANAGER'S REPORT. Golconda.—During the week at the 70ft level the drive on the main reef was continued. The reef formation Is wider than the drive, but is still disturbed, owing to the influence of the break. We have to drive another 30ft approximately to reach the good channel of country. A little work was done in the stope on the main reef. There are no walls showing. A few colours of gold were seen. In the stope on the S. branch reef the formation is 120 in wide and is carrying zinc blende and silica and a little gold is seen. GOLDMINING PROSPECTS. During the last fortnight much activity has taken place in gold mining at Thames, following the recent, discovery of a rich reef at Tapu, in the vicinity of the Mahara, Royal and Shannon claims. This week Messrs. Sarich and Cropp, two tributors working in the Dawn of Hope ground some distance up the Monnataiari Creek, struck another rich leader, from which two loads have yielded 20oz, an average of 4oz to the ton. This is not the same leader that these tributors were working some time back and from which £1000 worth of gold was won. It is the intention of Messrs. Sarich and Cropp to open up and develop both leaders. A number of prospectors hnve been engaged for some time in virgin country at Otanui, ahove the head of tlie Hnpe Crpek, on the eastern watershed, and during the week-end the mining executive of the unemployment committer paid a visit of inspection to this area. The Thames Prospecting Association have also been active during the week, inspecting several sites for the erection of mills for crashing -low-grade oreEL