MINING NEWS.

Dominion, Volume 2, Issue 314, 29 September 1908, Page 10

MINING NEWS.

; TALISMAN CONSOLIDATED. V The Talisman Consolidated, _ Ltd., report » follows for. the fortnight- ending August 8:— No.lo Level—Dubbo•' section: A trial.rise has been started at 1470. feet south; progress, 16 feet; width of reef, 33 inches; average of assays, M Us. A trial rise: has also been started 1720 feet south; progress, 12 feet; width or reef,' 24 inches; average of assays,. .£2 10s'.'6d. Stoping: Tho values from stopes off No. 11 rise (Dubbo section) average .£1 6s. 6d. Number of tons sent to mill, 69. ' No. 11 Level.—South drive: Advanced 17 feet, total, 1469 fet; width of reef formation;. 6 inches; average of assays, Is. \ No: 8. crosscut; Advanced 33 feet, total 231 feet; no change to report., No. 9 crosscut: Advanced 26..feet, total 56 feetno' change in ground. Stoping: The values from stopes off No. 5 rise average £1 ss. 3d. Tons sent to mill, 214. The rise from stopes north'of N. 12 rise has been advahced'46 feet; total length, 145 feet, lieefwider than rise. Values average M Os. 4d. Tons extracted, 161. \ ' : ' No. 12 Level.—South drive: Advanced 11 feet, total 813 feet.' Ground somewhat harder. No. • G crosscut: Advanced 4 feet, total 325 feet. Ground shows no change. No.. 12 winze: Sunk 2J feet, total feet. Reef wider than winze. Average of assays, .£l6 J 7s. Ikl. No. of tona to mill, G. Stoping: Tlio values from"No:. 1 south'block, stopes average ,£l-135.. lid. .Tons sent to mill, 10S. . The values -from stipes' off No. 5 rise average £20 13s. 3d. Tons sent to mill, 160. The values from stopes off No. 12 rise average .£l6 16s. Tons sent to mill, 109. The values fronv'east vein stopes average £2 2s. 7d. Tons sent to mill, 91. . , - ' No. 13 Level.—No. 12 lise: Advanced 21 feet, total 152 feet. Reef .wider than rise. Average of assays, ill 6s. 4d. Tons _£ent to,.mill, 73. Crosscut west at 466 feet south': The nqr.thdr'iVafrom crosscut has been advanced 33 feet,, total, 57 feet. Width of reef, 4 feet. Ara'age •of assays, .£22 55.; 3d.' TVns sent to "mill; -88. - Connected- with main drive at 101 feet south. A trial rise is now being put up on the reef at the point where it is intersected by the west crosscut (466 feet south), progress 15 feet, width of reef 4 feet. Average of assays,. JElO,l6s; Gd., This rise, is being put , up for the purpose of ascertaining if the western branch; of the reef junctions with (lie footn-aIL iyein followed in No. 12 rise; Stoping: The values-from stopes off No. 1 north rise average 12s. : 4d. Tons sent to mill, 192. STOCK. EXCHANGE.;, : . (by TELEGUAI'U— press association.) • Dunedin, September 28. Stock Exchange' sales: Talisman Consoli dated (13 parcels), £2 Is.; Chicago,'Ss. tar TEi.EGitArn.—srccur. couitEsroxnENT.j . Dunedin, September 28. Stock Exchange quotations :-J)rodging 6locks: Alexander Eureka, sellers 35.;, Alexandra Lead, sellers 3s. Gd.; Blaekwator, (contri-.: buting), sellers 2s. Gd.; Chicago, buyers Ss. Elcctrio; sellers 55.; Golden Bejd, buyers 9s;, sellers 10s.; Hartley and Riley, sellers' 17s!; Manuherikia, buyers 125., sellers ,15s.'; Mystery Flat, sellers JS. 195.; Now Fourteen Milo , Beach, sellers 55.; New Trafalgar, sellers ,JEI; New Roxburgh Jubilee, sellers Ss.; Rise', and Shine, buyers .£1 95., sellers .£1 lis. -Mining stocks—Big River,' buyers .£1 12s. (Jil.; , May Queen, sellers 2s. Id.; Welcome Quartz, buyers 2s. (premium); Hercules, sel'ers ills.; Talisman Consolidated, buyers .£2 Is., sellers .£1! I*'. 3d.; Waihi, buyers 0.9-25.; sellers .£9 4s'.; Wa'ihi Grand Junction, buyers <£1 12s. 3d., sellers XI 13s. liives-inent stocks—National Bank, . buyers .£5, sellers .£5 Is. Cd.; National hisur-'-ance, buvers -JM Ts. Od.j New -Zealand Insurance, sellers .£3 lid.; !Sl.uiiUu<l .hur.iance, . buyers .£1 25.; 'o.S.iH. Co.. buyers •, A 1 145., • sellers «B1 155.; \\est j:ort (.'«••! Co...seller.-. ,£G 3s. Cd.; Westpoi't-Sloiiklcu, sellers*. Gd. (discount); New Zealand X'oa|. and Oil,, .buyers Is. 4(1., sellers 2s. Gd.; National 'Mortage Co., sellers .£3 2?.; I'i'vpeUiM Tnisteis Co., sellers 18s. 6d.; D.I.C. (preferential), seliei'S ,;, '.Cl 2s. Gd.; Milburn Lime and Calient (.£1), tellers £1 125.; Milburn Lime ahd--Cement Jl'o. (10s.), sellers 165.; New Zealand Drug Co. fcK), buyers JC2 9s. 6(1.; -Now Zealand Paper, Mills, buyers £1 2s. 9d., sellers £1 35.-.3(1.; -,Ne\y Zealand Portland' Cement, buyers .£l„<Ss., sellers .£1 Ts. " Gd.; New Zealand Portland Cetiiont tnew issue), buyers 55., 9<1.; Oamaru Woollen Factory Co., sellers £1 4s. (W 'A' ■•' v '