MINING NEWS.

Dominion, Volume 2, Issue 404, 13 January 1909, Page 10

MINING NEWS.

■i. DEVELOPMENTS IN TALISMAN. . (Dr TELEGBAI'H—SfECIiL COItBESr-ONDENT.) .'.'•■ .. Auckland, January 12. ■ The new Cameron pumps, purchased by the Talisman Consolidated Gold-mining Company, Limited, for the purpose of unwatering. the mine to No. ,13 level, and subsequently lifting the water to enable the property' to bo exploited at a greater depth, arrived,at Karangahake last week, and are being installed.at So. .12. level.; . The. pumps will be in position in a day or two, and' as the plant will enable the company'tol'lift fr0m.50,000 to 60,000 gallons of water per hour, the work of unwatering. to ; . No.' 13, level should be expcditiously carried out/. . . ■

In a recent statement-furnished to.the press, the Wellington Advisory Committee intimated tha rriipirig operaions should be resumed at No. 13; level-within four months from ■ the .time the pumps commenced work, but with tho plant available it is probable that the level will be clear of water well inside the period mentioned. Meanwhile, the management experience no difficulty in :maintaining, good -average .returns from the'ore, at- or. above- No. 12 --level, ; -and the reserves still in sight.clearly indicate that the-monthly gold output can easily, be r kept up.well beyond the time when the No. J3 level will bo ready, for .resumption of mining: operations. In fact, it may be said'that the development works at No. .12 level have shown that the chutes' of pay 'dirt- have in certain-sec-tions extended greater distances than was believed to , bo the case, and that, on the whole, very-satisfactory, values have , been met with. Recently, it was rumoured that. underhand stoping , was in progress at No. 12 level in order to maintain . the output, but this.'statement, "was without foundation. Underhand stoping lias not at-any time.been carried out,' and would bp Sracticapy impossible at. No. 12 level. ' The rive south -at- this .level is now about under the point where-the Bubbo.chuto of ore was ■in evidence at No.ll and No;-10.-levels. At No. 10 level tho reef - was comparatively small running from 2ft. to" 3ft in width., but. carried good -grado ore, while at Nbi- Hit was much wider, -but the-dirt proved to :be. low grade. ..This falling away. in values is' opposed to., the characteristics •of the Talisman'Voiles-generally, the tendency 'usually,'being for- the .quartz bodies to improve going down; and the opening up: oi the Dubbo' ch-ute at No; 12 level will, therefore,'be awaited 'iv;ith interest. The imp9rtancp of the prpspectihg work in this direction should be disclosed iii the course of-a-few weeks.',,. ■.;: : ~-..' : '

■,In, other parts of. the. mine;, deyelppmeni ',: works continue as usual, but. ho ohanges'.'of ■ note. haye occurred;■': As'.was recently givenVbiit, the t.bndon'.board of.'dirbctors:have.'.approvedv..the scheme";wKereby .the Woodstock, shaft'ivilLilie ultimately-.equipped-with a powerful and up- • tb-ttate.-pumpihg and,haulage plant,;, Which will meet the'rert-iiiTements ofthoi.company.for.niahy years;to ..come, 'as-the plant will'-be,capable, of draining, the whole .field to. a: miich^grenter : depth-.'tljan'■■ that , already..■attained > ,; , .and : will. aftord much better, facilities:.for. : the haulage' ,of qußrtz; and conveying; the riieii to ahd'front their, work.: .The plans, for -/this plan t.are; now being prepared, and a* soon,; as they: hay6 y been completed .and.approved, tenders.will:.be called for-the necessary mabhiriery.V « The. installation of the plant .will occupy:some considerable time, but nioanwhile the .pumps now on the .company's property will meet all requirements, and enable, the sinking of tho shaft fr0m..N0,,:i3 .level, and-the opening up of a No. 14 level to. !,b'e proceeded #ife i e >>it^--\->- : V':<» I™** : iWith'the. :W6oclstock. shaft , equipped,'an*dn-'' terestin'g prospecting-wbrk> will be put in hand 'in the Northern or TVoodstook seotion of. the Talisman p'wroperty.: It,,will bo' romembered (hat the Woodstock,Gold-mining .carried good ore dowh. y for-'a' ; certarn':distance iri the Taukaui HiUi.'an'd/then'm'flt with : a'Hjlank," similar to the'blanks met w'itS ia places' in-the Talisman. A. drivb .was put in by the corapaiiy some little distance .farther down,. .which was carried, in under the workings l , and -.a risb was put.up;.to,. connect.v :;The..rise, continned in Barren country' to the point, of' , con-n.cction',.-and; although other drive's were', started lower down, they were not carried in far'.enough} and the Woodstock Company ceased.operations,. -and.the property: passed into the'hands of Hhe Talisman;-. Company, before -it. was. determined', whether V the -pay.-, ore ;.made ; again . under,' j the "blank.".. This, isthe. point the Talisman; management will-determine in idue course, arid as the .Taukarii'.HiJl, is : considered-by .some bxpefts arid old miners in the Kajangahake .dis; trict : a .valuable area,' the .prospecting'work' to bo. undertaken'here.'later bri. iuay possibly■'lead to 'important -discoveries.'.'.-".'■*'. '■"•'•'■ '-;'■*'":- . : j : ;;; DtN EPIN STOCK; EXCHANGE ', '-'-. '; ! .VtBI.TELE'GIUI'H— riIESS' ISSOO!(LT!ON.i,- ■■■'-'■ •':■■'".',' ':"■ ': -■'■•.' . , : Dunedirii January ,12..., '■.' The following salb is'reported:—New Zealand Portland Cement C0.; '£i .85..3d....■. . ;