MINING.

Press, Volume LXIX, Issue 20918, 27 July 1933, Page 11

MINING.

THE CROMWELL FIELD. DEFINITE LEADS SAID TO EXIST. [THE PF.ES3 Special Service.] DUNEDIN, July 26. Great .significance is attached to the announcement made from Cromwell to-day that definite leads running through the area held by the Dead Man's Point Company have_ been revealed by the operation;; of the geophysical survey. Not only doe:; this appear to afford substantial confirmation of the theory advanced by Professor Park as to the former course of the Kawarau river, but across Cromwell Hat, together with other indications, it suggests the existence of a widespread auriferous area. When it is stated that it is about liVe miles from Dead Man't Point to that portion of the Kawarau bank where the Bell-Hooper and Bell-Kilgour claims indicate the beginning of the lead, it becomes apparent that the line of wash traversing this distance, even if it is not of great width, will produce a considerable quantity of gold. A further satisfactory indication is supplied by the news {hat two parties ot claim-holders operating on the flat :-otnc distance from the banks of the Kawarau are reported to have encountered promising wash. These are the claims of Messrs Horn and Bates and Messrs Frye and Gidclens, in the latter of which the bottom, which was struck some time :igo, is now dipping sharply away from the river. This would seem to indicate the presence of a second lead running more or less parallel with the one which is assumed to come out at Dead Man's Point.

j INVESTIGATION OF SCHEMES. GOVERNMENT HOAIiD PROPOSKI). In the I'uurse ul a .-\n\cv of <>nld ' mining activity. Mr G. Krrington | stated in his presidential address at the annual meeting of the Otaßo F. - <- pansion League on Monday night that as a means of preventing a "wild cat" speculative boom and to put the gold mining industry on as permanent a footing as possible the time was perhaps opportune for the creation of a permanent investigations board, under the control of the Government. Preferably this board should consist of perhaps three, and should include a qualified technical engineer, a geologist, and one other person competent to analyse from a financial point of view. The services of this board would be utilised and paid for, and any syndicate wishing to proceed without this board's sanction or against its approval would have small prospects of success. "Wild cat" propositions would have small chance of getting a hearing if such a board was set up to prevent unfair exploitation of the public. In this connexion it was interesting to note that both South Africa and Western Australia had permanent mining engineers whose duty it was to see that no "wild cat" schemes go on the market. The Mayor of Cromwell (Mr J. Roberts) stated that the Minister for Mines six months ago had said that his policy would be to bore areas over which there had been a geophysical survey and thus prove whether leads existed. Unfortunately this had not been done. The Minister's consent had been given to the working of many claims where there had been only a geophysical survey, and he believed, though he was not positive, that claims had been granted without their having been geophysically surveyed. , PROSPECTING SCHEMES. (rUESS ASSOCIATION TELEUUAM.) WELLINGTON, July 26. The New Zealand Counties' Association, at its annual conference to-day, i decided to extend support to all counties who are fostering the gold prospecting scheme. Mr J. Ritchie, chairman of the Vincent County Council, said that nis council had started with 30 men, married men being paid 30s a week, and single 15s. Now there were 800 unemployed prospecting in the county, each gang being under the supervision of an exoerienced man. Several lucky strikes had been made, and recently two North Island men had been offered £50,000 for their claim. When a miner was getting £3 a week he was struck off the unemployed list. They had made an honest attempt to settle men, and many of them declared that they would never go back to the cities, and had sent for their families. Some leads which had only been scratched were worthy of further development, but if headway was to be made plant, such as pumps, would have to be provided. BELL-KILGOUR CLAIM. The secretary of the Bell-Kilgour Gold Mining Company, Ltd. (Mr F. R. Thompson) reports as follows: Substantial progress has been made in the preparatory work at the claim. The formation work of the road to this mine over old tailings is almost completed and it is expected that the road down the terrace face will be commenced this week. The survey of the claim, and underground workings has been completed and a start has been made to widen and straighten the drive. Supplies of timber are now coming to hand, and the work of retimbering will be carried on in three shifts. A considerable amount of working has been done in forming a suitable landing place at the mouth of the drive, so that the trucks be prooerly handled, and to allow room for treatment of material brought to the surface during the development of the mine. TALISMAN DULSBO MINES. The mine manager's report for the' week ending July 22, states fhat the drive at No. 1 Talisman level has been extended 8 feet for the week. The reef consists of pug and quartz boulders, and is about 5 feet wide. The quartz carries sulphide seams and is a high grade ore. LAKE VIEW AND STAR RECORD. Lake View and Star, Ltd., Western I Australia, treated 44,779 tons of ore in June for a total revenue of £102.400.1 the value being estimated at £b an ounce and including Australian exchange. Working expenses were £4B 524 and development expenses £9Ol a' total of £49,425, which left a profit of £52.975. The tonnage treated represents n recoid for the Golden Mile and exceeds the company s output for last May, by 163 tons. PROPERTY SALES. Kor.l an J lladfiol'l. rej.ort hi.ring sold, on account of the owner, ; origin" residence of live rooms, together Willi two "?re« Of lund, situate Harrington htreet. "W E Simes and Co. report having Bold, on behnif ot Mrs her superior bungalow property, situate Keppell street, New Briglitoil, to Mrs Garland, at a satisfactory flS r rC F .Tone*, Md-, report having sold, on account of the owner, his sur ' orlo^b^;j. j property, comprising tivo rooms and »l tchc" otto, .situate Btnpleton's road, j n Him!, at a satisfactory tigure.