MINING NEWS.

Press, Volume LV, Issue 9944, 25 January 1898, Page 6

MINING NEWS.

(PRKSS ASSOCIATION TELEGRAM.)

AUCKLAND, January 24. Several tributere in the Kaponga mine at Coromandel have made a rich find of specimens. The last speoinien of atone j found weighed 17oz. The find appears to be an important one. In the share market the following was the business done :—New Zealand Talisman 11s 6d, sellers 12s, buyer* lls 3d; Waitekauri 355, sellers 40s. REEFTON, January 22. The following are the Saturday mid-day quotations :—Alpine Extended 7e to 7s 6d, Big River lls to 12s, Bailer Dredge 4s 6d to Sβ 6d, Cumberland Extended 2e to 2e 6d, Dillon Extended 6d to 9d, Golden Lead 6d to 9d, Hercules 6d to 9d, Keep-it-Dark 16e to 17e, No. 2 South Dark 6d to 9d, Lord Edward 6d to 9d, Welcome (paid-up) 3e 6d to 4e, Boatman's Exploration 6d fl^d. The manager of the Big River reports :— During the week the winze below the intermediate level has been sunk a further depth cf 10ft, making a total depth of 33ft. The stone cut out at the beginning of the week, and has not made since. The cross-cut from No. 6 level is now in 20ft. I have one shift putting in a prospecting drive to the east, from the stope under No. 5 level. At the Dillon Extended a fresh contract has just been let for the extension of the low level' a further distance of 100 ft. The face shows the usual well-defined track, and shows gold-bearing stone. The Snowy Creek secretary has received word from the mine, ' stating that since etarting after Cnriitmas the reef in the winze has been widening, and it i* now over 2ft in width, carrying j good gold. Aa sinking proceeds the reef has every appearance of getting still larger. In the tunnel a hard bar was encountered, but a strong track is now showing in the face.

GREYMOUTH, January 23. The Reefton gold returns for the week were:—Alpine Extended, 160 os amalgam for 204 tons (top plates); Keep it Dark, lOOoe amalgam for. 149 tons (top plates).