MINIING NEWS.

Dominion, Volume 2, Issue 615, 18 September 1909, Page 8

MINIING NEWS.

. . vtellihgtoh'Mininci''mae,'ket. ''"ii.

An a/rerago number "of Bales wore mndo-vce-terday. May.Queons woro : apparently the object of a "bear" attack,. and the shares were Bold aa low. as .ss. 3d. Private inquiries failed to ascertain, any reason for the slump, all the reports ■indicating that if anything the prospects ■ are a nit brighter. From the turn of the market, and knowing tho gamb that is huine played, it seems not unlikely..that May. Queens .will advance sharply. New Sylvias were considerably: firmer, and so.also were Watchman.' Bales ,wore as under:- , ■.-.■. ' . Dixoh Consolidated; 7{i. (flrst'-call). Kuranui, Is. sd. (first call) ■■ . ■ ; ss^Sd s^:' 5Md - 55 4 call)i -Waihi; Grand Junction,'£2 lis Jo 9d':,;|^r(ursl "; TCAihi ,'Extended, ss. sd. (second cali)j : "% '• _ Watchman 2s. Ud.'(first call); '.Is.- iCd.j 2s. Ud (second call).■.-■ ■'. -.'„■,:-,-■':, ■ " ■ ; : '-■■ ■■•' QnOTATIONS. ■'.'■*'".•■"":'' The latest quotations, with last recorded sales were .as under:— ...- : , . -,-.": ; ';' ''. : l ■ ■■■■•■'■ 'Duyore. -Bcllere. ■ Sales. _ ■•..' ■■'■'.: "'■■' £ s. d. £ s. d. £ a. d. Bendigo ....;...:......;. 0.0 8 — ■ 1 Wxon Consolidated .-..., 0 0700 8 0 0H Dominion ...;.._ i_ O'O 5 0 0 7' — Kuranui „„,..... .0 1 3 0 1.4 ,0.1 5 May Queen ..., o 5 41 0 5 5 ■ 1 0. 5 4» Maoriland 0 11-013 — N.Z. Crown ..'. ........ 0 6 9 —. '_ New Sylvia ......_.:. 0 4.1 0 4 31 — . Ngatiawa ■'. — 004 — Old Hauraki -, — 0 3 2 — Pride of Tokatea .'... o 0 10 0 0 11 — of Waihi..'. - 0 10 — ■• Eeliance ■„........_; „ ,'O-0 JJ 00 5 - . Eoyal Oak ...» o 2 10 0 3 0 / — Saxon .:..'....; 0 1 7 0 1 85 — Tairua Broken .'Hille ... 0 2. 41 : 0 2 5 - Talinman . 2 16 3 - 2 16 6 2 16 6 Tangiaro •;...:....... _.«. o o:n 0 08.0.07 vvaini '. 9 9 6 '■ ''■ — WaiM Extended ...........' —.' o's 6 : ' - Waihi Grand Junction 2 10, 6 2 10 9 ' 2 11 0 Waiotahi ■ :........;....-.,■ —'078 — Waltangi ......■._...,__■„.;■_ ~ (.] jj ■-._, Watchman o 3 0 ,0 3 1 0 211 Blackwater ■ __...' 1,7 j.'.-- —.-.a -■ — ■ Con. Goldfields _...... ■ — :'-) . i- : 3: d • ' — ~ _.; 0.12,6'" 0"13 3 "' - Boss Goldflelds i — , ■ o IS 0 ■ — -' .'■• .'STOCK EXCHANGE. ~ ■.'.:■ (ByTeltßraph.-aiietlßl OorrMoondent.l . • ' '.':'■■ Auckland, September 17. ■ The following were the principal sales in mining fltoelis , ; May Queen, ss. Bd. to ss.' 6d. to ss. 6d. to ss. 6d. ' 3»ow Jlonowai,' Is. 3d. ' . New Sylvia, 4s. 2d. to 4s. 9d.' Point Eussell, Ud.,'llld. ' * ' . Saxon, Is.- 9d. . . Waiotahi,'7s. lid, to 7s; 9d. . . - Watchman, 2s.- 10d. to 3s. to 2s. Ud. ;Old Hanraki, 35., 33. Id. - / : Pride of Tokatea, IOJd. ' ■ •- Boyal Oak, 3s. 2s. Ud. . , Crown, 7s. " . •• ' ■ Maoriland, Is. M., Iβ. 3d. " ' ' , Tairua.Broken .Hills, 2e. 6d., 2s. 6d. . Talisman, 575.. 575. 3d. ■ ~■ ..Waihi, £9.133., £9 Us.. '"■■'■■ ' ' ■i Waihi Consolidated, ss. Id. ■ : ... . : Waihi Extended, ss. 6d. ■.'..' Grand Junction, 61s. 9d. to 51s. 3d. • - ".'• ■' Handsworth, Is. 2d. ''.'■.- • Mountain King (con.), Is. Id. '. '. . (By Telecr»ph.-Prcs» 4>»eel»tlon.i' ; ■_ ; • ■''. Auckland, September 17. .. Business. done at the morning call of the share market included :-May Queen,'ss. Bd. to ss, 5d.-, Monowai. Is. Bd.; Sylvia, 4s, 2d.;i Waitanri Consolidated, 48.; Watchman,'2s.' lOd.i 2s. lid ■ Old Hanraki, 35.; Maoriland, Iβ. 2d.; Talisman 57s.;,Waihv 1935.; Waihi Extended,.sb. 6d.; Grand Junction, 51s. 9d. .'■•■-.■ ■ Business was done at the afternoon call today as follows:— ■ ■ ('■ ■ Dixon's Consolidated (con.),'9d. ' ■ Magnet (paid up), 6d. . ' . . Mngnet .(p.u.l, 6d. ' ■ , Kew. Sylvia, 4s. 6d..' 4s. 6d;,'4s. 7d., 4s.'Bd.,'4s. 9d, . Occidental, 4!d.,5d. : ■ Point Russell, Ud., UJd. . ' * - Waiotahi,'7s. 9d. . ..' ': ' . Watchman, 2s. Ud.' Grlden Pah, 6d. • . ' Hsnraki Freehold, 7d. ' -,-'.■ Old Hauraki, 3s. Id., !s'., 3s. Id. •' Tangiaro. Bd.. . New.Zealand Crown, 7s. , Glamorgan, 4d. s • Jfaoriland, Is: 2d.. Is. 3d. , ■ New Wnitekauri, l\A. Rhotoyor, 41d. ■ . ■ Talisman Consolidated, 575. 3d. . -■ Waibi, 194e. . ■ i Waihi Consolidated, ss. Id. ■ Waibl Grand Junction,.sls. 6d.,'515. 3d. Mountain King (con,). Is. Id. : Savon, Is. 9d. . : Handsworth. is. 2d. ; Tairua Broken Hille, 25.'6 d., 2s, sd. . • • Jloyal' Oak (con.). 2s. Ud. May Queen, ss. sd. ' Missouri, 3Jd. ■ ' . '■■':■ '• : ~Taiiplri Coal, 20s. 6d. " -: Kauri-Timbor Co. (con.), 15s. Id'., 155. : 3d. ' : .Northern Coal, 12s. 3d. ■";■•:..,':-™,'-;.; ■■■'•'■" .: tlly■ Tolceraph.-PrcM ■ •..,'.',■, , Dunedln; September 17. Rtoc;, exchange salee: Waihi Grand Junction Uo4i l\ Uα, i Wnlotahi, 7(, Bd,i May Queon s> «. SUca rewrtedj WtJhi Qraad- Jnaoffi ok

It filr. 3 1 ?,-' ( B , w ; ce , l! ' ) : Consolidated Goldflclds. lid' Electrio ' 35.; Kuranui Caledonian, Iβ! ■: WAIHI COMPANY: A RECORD RETURN. ■I *H?. 'rck'ErapliT-Hpcclal ■ CurresDundeol.) •'■"•■• ..-.■■'.'•...'.■; .■Auckland, 'September■ 17. , ■ W°"h? D n' , iS 1 if P ? rio i cndinß September ,4 the Waihi.Gold Mining Company treated 53,741 tone of ore for. £75,491. This ie a -record, exceeding the previous highest return by nearly £1000. tht To^t 1 . SV^ 8 being advanced through ,the Martha reef, with a full faorof quartz showing in the drive. As the crosscut, w running in'a direct line from No. L^i 1 ♦" No - 6 , Bhatt - the «ef is being penotratod.at an angle, and tho actual width of tho i if, ,0 ! fa , r d'sj'osed is between 60ft. and 60ft. A band of'good ore has been.passed- throuch,. Jtja l, '? 8 th ?i tho recf maintains tho characteristics in evidence'at tho level above, a further stretch of Bpod ore may. bo lopked for on the footwaU section of the lode. At a corresponding point overhead (No. 8 plan level),-the Martha 70ft; wide, and on developments to da to at the 1000 ft. level the indications are • <t ',. a .V' cast ty. of equal width and value in tho bottom, workings of tho mine. A connection has been cffccteif with Lion Pass from tho level- above, and gooa ventilation is provided. tki(ffls« ea i 5t ? nd . west on too.Empire reef at wLu „ ls , in proßrcSß . with satisfactory results, and the only crosscut so far put through the lodoßhowß, a. width of 23ft. of ore. The ground being tight, progress on the Royal reef ?.Sil! e i, i." s °. w, and work on the lode has been temporarily suspended as tho 'haulage power at No. 5 shaft is taxed to the full capacity with ore from other reefs. The mrface work in connection with the new proPl ?? 1 lß . Well f«™rd,.and in addition i dri ,V B !the ■ alr compressors, etc.,'- at the mino • the management will transmit power elcc- • tricaUy to_the Waihi mill, where, the power at present is.inadequate to .meet the increasing do.tnanrts on the treatment. The power for the ndU is expected to be available about January ■ , . ' ''. TAHSMAN. '■•'•■' tt, 111 ? Weninffton Stock Exchange has; received the following telegram from the Talisman Company:—' • ; V - . ■ ' . The following cable v has been forwarded to London from the n Talisman mine:-No. 13 level south: Progress 25ft.; reef wider than drive: ■ wfrifnSS" , se, Dr jving north in branch' tein; progress 19ft.; reef 3ft. wide;, values low. i'" . . ■ , .' DREDGING.'■• .'.'.. •.'.-. (By Tclcgraph-Prees Association.) ' i '. [■'■n .V , Dunodln, September 17. | W ?sJ? d i mß ."tarns :_H ys t ery Flat, 430z. 14dwt.; fj'nl- rh O ?i ( 26O2, « Bdwt^Chica!? O' 220z. lOdwt.; Cen: £ ..." w rl -\° n .' iim - '■ Bdwt - • Koputai, 15oz. sdwt.: South Waikaia, Boz. 14dwt.; Waikaia, 6oz. 18dwt. ■ MOUNT LYEItL MINE. ' ' :■' 11)1 TolcirapU.-l>r6«« A.noclatlon.-OoDTrliht.l m, 'ir /'t • „ Melbourne, September 17. The Mount Lyell. returns from August 12 to September 6 inclusive; show that 29,532 tons of ore were.treated, also 148 tons of purchased'dre,' The converters produced 739 tons of blister co--per, : 730 tons copper,- 68,160 onncee silver, .and 1273 ounces gold. ■•■•"•.■.'• , ■:.(■..■ -'• '.'■ '■■•'■.:.. ■ '■■' . -•'■ / .. . ■'.- MINING NOTES. ; . Baxon.--A trial crushing of ore from the reof in tho Saxon mine is being done, at the May Queen Extended battery.: : , ■ ' '■* j Reliance—Tho crosscut has been oxtended 7ft. during the week.; Tho manager hopes to reach" better country soon. ■ . Dominion.-The last heavy rain caused a slin at the entrance to the wcste.ru adit level. The face is now in 32ft./After the smithy has been shifted to anew site: two shifts-will bo put on tno drive. ■ : - ' Tpkatea.-Both leaders are carrying gold, and a Jew pieces of stone were got showing, gold. Better results are expected when tho slide formtttion on the hanging-wall, which cuts off the minoraL veins from, striking into tho quartz, loaves tho leader. .-'•-..■.■. ',' ■. ■-■■'■ Tanglaro.-Good.progreßß continne'e to be made in the extension of the smithy bottom level drive north on the new reef, and it now in 189 ft. from the old drive, every foot driven going in deeper, and more settled country. The reef Is a strong body of highly mineralised quartz about I.sin.in thicknose, .and looks well, showing gold yP*^ 'tested. The bottom-level drive north on ■™..?oWen.Shoro reef.ie now in a total dietance pf.W7ft.lrom tho crosscut.- At this point we have just punched a hole through to the Nora shaft,and let the wat.or.off.. Th! reef continues .andihf'goid cISk :"° Winß . bcUCr ?*°V'°*:. '70J5? ra S.? almko '~ a ' ho , rbad 'level crosscut' is' in: !j.?2ft. r , f The country- being- passed; through is ol" a flrst : class description .for carrying/ gold-bear-ing reefs, and is interlaced with ■ small qUartz leaders and silica vcine. At-this point the reef will probably be to hand in the course of a' row days, and should tho country continue as at present, good -pro should be obtained. At the Tnukaniovcl driving on the northern trend o? tho Royal reef .has been continued; a total distance of 16ft. being attained-to date * ■ Thof reof. in the faco at the present time is. a flno body of quartz,- about■ 6ft/in';wldHi,' showing good ■-; Halpyon.-rThe itunnol-in thoi Halcyonmine Iβ now in 263 ft. Durin B :tho week; says, the manager, a big. Dow of water .was- met with, and the country qhangod to a firmer nature' As' the water is-.still flowing from,-the-right hand wall in a fairly, good stream, the manager takes thiß.to;mean thai,pne; of..the', lodes''ig.-clase at hand.'.-.,- , . - 1 j : .;* ~■■• :; < t ...f- ' ■-.- Waihr-Beach.-^-Tho , water ie-'.below' the-355ft. level. : 1n,.,th0 faco of the north there is no quartz elipwing, but the now of ,water; would the, main reef is not far away In the south face, tho Treasure Island.reef anto6ft - o£ . Very - . Now _Sylvia.-In. the north end of tho. low level tho reef has ■ shown further - improvement Sill m 9, nil? "M opened out to a width of fully. 7ft...This, gives,a splendid faco'of oro Dunng_ tho wcelt ten tons • have been broken from the face. .The winze has'.becn. sunk 3ft. The ore .shows high: values, strong dabsvof gold boing.j-isible in-the solid Quartz, in addition to strong-bands of Refractory ore. The reef has tho ■appearance, of opening out to larger siz? A:contract'has been, let to cart the ore, and everything is , now.in,readiness to Bend the oro to' tho :Komata\battery. : . . . . Waiotahi.-Tho rise on tho hanging-wall leader at N0.;4 level in tho AYaiotahl Mine has been put up.a total distance-of 59ft., and this work has now been suspended for the present, and i 6° , mG S, removed to assist in bringing along the, leading slope above the' drive. 1 With the assistance of tho. rock-drill better proeress Bhould be made with thie work in the future «» scSi5 c Si. ot ' ■ et °P° 's now ,within about »ft..of the. point where tho picked stono wae obtained in-the back of the irivo.-- ° \' Point, Russell.-No. ■ V etopo north :is ' np : to whore the break crossed the reef. This heaved the lode- about 10ft. into the -footway Colours of gold seen at thie point last breaking! down. This ,face has. been stopped, and the men removed to bring along another stopo No' Quartz has been broken in No. 2 stope. No 1' ana No. z stopeß south have been fullv The qUartz broken, from these faces is heavilymineralised, making it difflcult to see free enlii The quartz is. being saved for treatment! The country oncasmg the reef is good, and, judgin? 8 " : ' Coilßide;:B P _Bendigo.-rlnthe..drivo north; on.the Silver it ■*£*Z^° a \, m l<" o£ ' bacUa are avaUabie thVr« .h f?i k' and fr , on V P«*ent,'indications a J d block of oro to etope. bf cmhin^'dS. 1 " 66, ' 1 ' > a ut a ': ;£" Junction.-The.return from the WaiW Grand Junction.Mine for the-past month dentS? aBB ™ by th0 ' min e suporinteniS Jm' 1 " ,1 *" 28 ■ llarß ' cruebed m i-'^ No w 5 iS ev , el , cross °nt, south 669 ft.- Martha lode, No. 5 level,: east, 40ft, width of ore sft. »- y «» e £ yt 3 1' ! Martha lode, No. i level Z*\ >dt J l -i of -, ore 6tt - TOlue £1 4s.ld No. 4 lode, No. 5 level, west, 182 ft, width of ore Mt. 6in., value £2,85. 9d.; No.- 4 lode. No 5 &.^ l^in.^e W J&v^S'^V^^ofo're From 1906't0 1508 „.: „„„ : • iflif k S fl Period ending-'. . ' "" lf *' 64 ' 8 5 January, 1909, 2470 tons ■'... __; 3991 o 8 February. 1909, 4207 tons JIZZ ■ 6784 0 0 Mareh,\.«o9, 4411. tons . ™..;1 / 51JJ 0 0 April, 1909, 4776 tons _1" ' .7056 § 0 May, 1909,. 4291 tons ...... -_" ; - 5M7 n 0 June, 4650 .tons ™ZT 6503 So July, 4835 tons ; ......H " 7XOI 6 I August, 4850 tons .;...„.." I'l sloe T 0 September, 4902 tone „..."...„."."""." 9,574 0 0 .■..■ Total.-t- date■ ~....„.„„„....„.„,..,£220,10217: 1