MINING NEWS.

Press, Volume LXII, Issue 12461, 26 March 1906, Page 8

MINING NEWS.

, ■ » "WEST COAST JOOTES. ' . (SPECIAL TO "THB PaWM.") GREYMOUTH, March 35. A.t a meeting of tho syndicate which,was formed Jar the purpoee of bringing in a water race from Lake Hochitetiter to Ahaura, it wne decided to float » company with A capital of £20,000 in £1 shares. Seven "thousand eha res wore taken Up in the room. Ii is erpected that the whole of the capital will- be subscribed on the Coast. ■ ■, The famous Kb. 1 Xelton Creek dredge, together with part of the claim, is offered for sale. The peoplo of Iho Wept Coast alwayn < folit proud of this machine, and they regret tihat the directors have found it necessary to put the plant up for sale. It is understood tiait the decision is in keeping with the policy pursued throughout, as nothing Tinder 20oz per week ie worth turning over. " The Slate coal mine wbb idle for four days this week, in order to allow the tramway' to be raiVed to connect with the screening pfawt. The piftou rod of tbo winch on the Greenstone Three .Mile dredge blew off last week, causing a., stoppage for two days. The waehup on Saturday yielded 360z for 178 hours' work. The Brumncr Proepeotin-gr Association intcrds to commence active operation* ct an eajly date at Longdon's lease, where it Iβ proposed to put in , a low level tunnel. The revival that is taking place in the dredging industry on the Ccart is steady and solid. Several applications for special dredijrii*K BTeaa in Cameron's district bavo been j lodged in the local Warden's Court, and in the Reefton Court quite a number of licensee j have been granted over areas a>l Antonio's Flat. In the course of a couple of mocfcha another dredge will be at work *t Antdnio'e Flat.

The. iotal yield of the P&ctohia Company •was 178oz 7dwt of whidh Xo. 2. dredge obtained llloz lldwt. The rougrh wash which had been present ehrce the commenoeman/t of this year, R*ve out a fortnight ago, end Bince then both machines ha/ye been putting through a full compliment of wash. Xoiown Creek I>rcdge secured 430z. The bottom wash, which haa been very, rough, is now getting lighter, enabling the machir.* to wash the heavy gold lyiivg on the main reef. Bipnell's Xotown dredge obtained 41<« 6dwt for a littte over a ireek'« work. Timber is wtill hempering operations. Xew Tre.falg»r dredge washed -up for 27cz, snd Jnmießon'fl Reward for 250z for twelve days' dredging. . ; T>REDRIXG RETURN'S. (rHESS ASSOCIATION TKLEGKAMS.) DUXRDIN. March 25. Dmlping Rertumt—Mastertoa. 1520z lOdwt ; Ilesipy's. lioz 16dwt; Hartley oud RiWy, 21oz; Notown Creek. 350z; Big-nelJ'* Xotown. «oz 6dwl: Rise and Shine Xo. 1. 270z 13dwt; Riro and Shine Xo. 2, 340z 9dwt; Garden Gully. ISoz 12dwt; Waikaka Uaikd Xo. 1. 490z 3dwt; Wnikaka United XS? 2, 350z lJdwt; Central Charlton. 350z 2dirl; Pund. 20oz lodwt; Sandy Point. 430z lldwt; New PerwTerance Xd. 1. 12oz lOdwt; Xew PersoTerarvee Xo. 2, Sloz; Olrw 10oz lOdwt; Xew Trafalgar. 270z; Enfterpriee, 290z 15dwt; Tbreo Mil* Greenstone, 360z; AlcxandTaLead 21oz j«l«i; AVaikaia. 21oz Hdwt: Ducetin Iy?ad. 2>nz lOdwt; Risintr Sun. 20oi 6dwi; Garden Gul.y, 18oz 12dwt; Charlten Creek, lfoz; Electric Xo. 2. 14oz lOdwt; Junction Electric. Xo. 3. 13oz Hdurt; Electric Xo. 1, 13nz ndwt; Chicago, lloz lodwt: Lady Annie 6oz ldvrt.