MINING NEWS.

Dominion, Volume 2, Issue 443, 27 February 1909, Page 13

MINING NEWS.

.< : '-l: VissocuTibif.) :-•';■,:/ .-/.Members of the.Auckland StocVExchange cussed'the question ofHue/Thanies';Deep Levels /'SVU ■'■'■'•' mi •■■.'-;.. /* '..•,-.: i/? M,-. cliainhan:,(Mr.,. G.vAV.Buttle); said-i't.' : wis '■ six. months;'since ": the' : first,. meetirig.;.ovbr,:the' business was held-ahd'still.E'othing;definito'had v peen:.' agreed upon 'by-';the ; 'various companies jnterestei,. Apparently^air.'had-'agreed: that, itj put-: in,.'a crosscut ;'at - the 1000ft...level,/but'eabh .company; wanted/that 1 .to 'gpjin indirection :best:-'suited .for. itself. /-In order.'to. definite done,: » c ,. ra .™..that•,"This.exohango has v viewed:with f? ■ .iSSSS 1 * '■ V l6 'P J '* oliai •W' driveila crosscut,at' t^i^^ftleveL^i'bm^thoiTbanies^Haur'aki' i^JS^JS^.'this/poTtibii-of^tho'.Thamfls^old-: ■ liel(l--.-whiph::iri -past--.years proved si):highly auriferpus;in;;the;i!pper.:i6vels i :'but(it' ;; regrets tbat. the.■.direqtqrsjof-vtheiconipnnies 'interested" navo/as/yet i arriv,ed}, at;no satisfactory ■■"agree-" D i on i i as ;'?' :tho c ? ur6e whwh-lhe.said .crosscut ?5? n ! u :; suggest i.that; a;,bUiding ; agreenient-be. entored - into. by ,the-,compaiues,;;wK«rjb;v;:.the-.'qnesti6n^of;\the ■ rcute/.of; the-:crossciit-;shdu!d be -submitted to ;■ outside .-parties;, whose 'shall: bo ac-tepteii-as.final, and.:the,'wbrk,entered upon'as' speedily.'.as ( possible. :--,'.'- ■■,•■,■'. -. .. ; ,C ■ ■■■•-air.v-BDtae^siiid■'. a-Ttaere'. J en h b M a ' w° r ,k-*f:'»:"inch'importance to' the . fi el.d.- :Ml:,the B , companies: •would' have tofind would be.half that.arabimt,' ns:'the Gov- . eminent - and -local /bodies-; at .Thames.'would' raiseA-.tlie.,-rest.;.;,-;,There •wcro i ' ( ho'.two .opinions wisdoin.ofiputting a : crosscut : -and.-ho:;believed. it: ..would-•result,; iii/further richpatohes of oro being discovered.: ■'■ r The motion.wm adopted. ;:-:«-''• ;--A'\.'