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MINING.

CHARLESTON SLUICING COMPANY. CONTRACTORS COMPLETE TUNNEL. (11C33 ASSOCIATION I ELIHR t.M.) WSSTI'ORT, July 27. Yesterday afternoon the contractors, Lowther and party, for the Charleston Sluicing Company's tunnel at Croninville finished the job. The drive is 2620 feet long. Its dimensions are 7ft by 4ft, and it was driven in 18 weeks, a record for a blue reef tunnel in the Buller district and probably for Now Zealand. The rapid driving was made possible by an ample water supply under pressure.

COLCONDA COMPANY

The mine manager's report for the week ending July 22 is as follows: Work was continued on the east drive on the reef. The reef is a compact body of ore and is over sft wide in the iloor of the drive. Colours of gold have been seen in the ore, which is well mineralised, also carrying silica and zinc biende. Very little work has been done in the stopes, as the men have been employed in repairing the main level. We have now got rails and we have put the different lines down in the 70ft level. We started to crosscut west, through the break, which cut off the main reef at this point, and we are in good blue country. We have got the north face on the branch reef north ready to start any time. Next week we will try to get the slopes working on the branch reef south, where the good ore was got in the previous crushings, and work was suspended temporarily. Crushing is still proceeding at' the battery. ZINC CORPORATION DEVELOPMENT. Shareholders in Zinc Corp.. Ltd., were informed by the chairman, Sir Robert Home, at the annual meeting in London that during the current and next following years development would absorb £60,000, and plant £90,000. It was hoped to increase production by the corporation to 50,000 tons a month. Mount Coolon promised to be a very profitable venture. SOUTH WEST LAND PROSPECTS. Writing to the Mining Relief Prospecting Executive at. Hokitika, Mr A. Dehn states that along with Mr W. Barrowman he traversed the Wataroa river, in South Westland, to the Whymper Glacier, and then to the foot of the ice-fall. This is a trip they have done on different occasions looking for the quartz lode. The gold on the river beach is coarse, but the beaches are not large. The party traced gold up the Whymper and cut tracks into back country on their own resources. February is considered the best time of the year to penetrate to the high reaches. Mr Dehn considers a visit by a geologist would be of value to those bent on mining in the back country, and this suggestion is, being put before the authorities. j

SHEEPSKIN SALE.

EASIER VALUES. ! Pyne. Gould, Guinness, Ltd.. held their weekly sale yesterday. There was a slight drop in prices on the preceding week. The following is the range of prices:— Per lb.

PRICE OF GOLD. (U.IITED TRUSS AHSOl'lA'llc'>'— nv El.f.cll'.lC -ISLEGItAI'M—COI'TSIUiIT.) LONDON, July 20. Gold (a fine ounce) is quoted fas follows:

PRICE OF SILVER. (IIJUTIsn U/f'ICIAI, WIrIKI.JSbS., RUGBY. July 26. Silver (pence an ounce) is quoted: July 25. July 2G. Forward .. 18 1-lli 172 Spot .. 18 3-10 18 AUSTRALIAN PRODUCE. SYDNEY MARKET. (C NIT ED IMIESS ASSOCIATION—BY KI.ECJKIC TELEGRASTt—COI'YIUGHT.) (Received July 27. !>.20 p.m.) SYD.VKY, .Tilly 27. AVhn.'it is <|iiict, silo wheat being valnr-il ut :ibont :is lid. Bugged on sidings, it is worth 2s B<l, in bulk 2s 7id, c«iunl to about lis :;d and .'!» "a<l ex trucks at Sydney. Flour—ill. Tlrnn mid Pollard i'-l 10>.. I'otatoog-T-TiKiiimninn A(i, Victorian A.">. Onions—Victorian, IJrown Sjiani>li. A',">. Maize;— Yellow nnd white, -is Id. ADELAIDE MARKET. | (Uui-oiYud July 27. 9.20 p.m.) ' ADKIiATDK. July -7. W'lioat—Growers' loth, !is 2d. Flour—lnkers', lots,- X'J 10*. Bran and Pollard —ij 2s (id. Oats —Algerian, 2m. CLEARING SALE. C. ]•:. ,)one>. Ltd., report having In Id ■' successful .-ale of t'urniiure and effect n on account "f die tniMcos in 11.0 i'aly K.-t.itc, on (lie premises. 2.'.: i Cashel street, yestcr ■, dnv. There was a record attendance, and ainoiiff lli" articles .-old the following price, were realised:— Carpet .'"i, part suite <:V> .l'n, curtains a:; -Is. sideboard AM. dining table AU, dining chairs X'J, gramophone and records £■', lis, (wo oft bedstead* A::. 14s, gas stove AT>, cupboard .£2, carpet A! Hs. carpet and runner A' 7 1 Is, part suite i'O 2.5. two aft bedsteads £5 ss, two :ift bedsteads A3, part suite A! 7 :!s. two lift bedsteads £o, :Jf t bedstead A2, cupboard £2 12s, dining table A3 2» (id, two bedsteads AM ss, three folding bedsteads AM 17s, wardrobe A'J 6s, bedstead, etc., i'2 7« (id. wire couch £1 12s (id, runner and rus- A'."> 1 (Id. wringer £1 IDs od. carpet sweeper .11 ss. boN of (ea .V, lXa (id, .-in{do bedstead AI 'Js, jam AY, lis, bookshelf £1 Is. rac £1 Is. two chairs and couch A.'3 ss.

Faulty pelts — to \ Sound pelts —. to 1 Faulty crossbred 11 to 3', Sound crossbred 21 to A!, Faulty halfbred 2? to 72 Sound halfbred 3 ; ; to 8? Faulty three-quarterbred 2 to 5'. Sound three-quarterbrcd ;j to 7" Faulty hoggets — - to 6-.1 Sound hoggets 53 to Ti Faulty lambs 41 to 51 Sound lambs- !> to 7 Faulty merino 2\ to ?, \ Sound merino 3'. to 41 Green Skins—Hoggets. 2s 7d to 5s 9d, lambs, Is 6d to 7s 6d.

Ji s. d. July 26 July 25 July '?A .. 6 3 0 .. 0 3 6 .. 6 3 6 July 20 July 19 July 1 a July 17 .. 6 4 6 ,. 6 4 4 6 4 5.! .. 6 4 3

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19330728.2.123.3

Bibliographic details

Press, Volume LXIX, Issue 20919, 28 July 1933, Page 13

Word Count
934

MINING. Press, Volume LXIX, Issue 20919, 28 July 1933, Page 13

MINING. Press, Volume LXIX, Issue 20919, 28 July 1933, Page 13