MINING NEWS.

Dominion, Volume 3, Issue 656, 5 November 1909, Page 9

MINING NEWS.

WELLINGTON MINING MARKET. The market shows a moro animated tendency, and although values arc still, low,-- speculators incline to ,tho viow that prices will improvo. Talismans exhibit signs of rccovory, and Waihi Grand Junction shares are higher than they, were a. few ."days' ago. l'he sales recorded yes-, terd&y 1 were as-under:— • ■' May. Queen, 4s. (second call).; -.-'Saxon, Is. ■ 4d.: (first call). .Talisman, £! ' l«s„ £2 Its. (first. call), £2 ■ 10s. lid., £2 Us. (second call). " : Waihi Consolidated,' 4s. lOd. (second call). , Waihi Grand Junction, ,445., 445. 3d., 43b. 9d. (first call), 43s 6d., \43s. 9d. (second call). ■: Waiting!, 3s. 7id., 3s. 7d. (second call). Watchman, 2s. 6Jd., 2s. 6.J4. (first call). :. ■''Progress, 12s. 3d. (first call). ■i.Bbss' Goldfiolds. lis. 6d. (third call). • .'i----.:; ■ ■-.■ QUOTATIONS. - - j • The latest ouoiations, with last recorded salo». were .'.as. under:— ' • Buyers.'; Sellers.'.. Sales. . ■:■ £ .6, d. ii 8. d. £s. <1. 1 Dixon Consolidated .... 0 0 8 .0 010 : . —.., : Dominion ' , ■—■ , 0 0 6 — i Komata Ilcefs ' — 0 0 6 — < Kuranul ;..... 0 0 7 0 0 9. -• Kurttnui Oaltdonlon ... 0 1 2 . 0 1 4 — May Queen 0-3 10 0 4 0.0 4-0 i Mountain King (paid) — ' .0 13,'— 1 N.Z. Grown. 0 6.7 ;0.« 8 . I New Sylvia '0 4 9 ../ 1 Saxon-. 0 1 31 0 1.5 ' 0 '1 4 ' Tairua Brolten Hills ... 0 13,— 0 -15 Talisman 211 .0 . 211 6 211 0 WaihK - ,■ .917 6 • - . Waihi. Consolidated ~. — 04 9 04 10 'Waihi: Extended 0 6 2 0 6 4. — Waihi Grand Junction 2 3 6 2 4 3 2.3. 9; ! Waitangi '0 3 7 ■ 1 3 8. 0-3 7 ' Watchman — 0 2 6i 0 2 6J Con, Goldfields ....; 016 10S ■. 017 3 . ■ : Progress ■' ....; .' 012 0 012 6 ' 012 3 Boss Goldflelds 011 6 012 0 .0 11 G STOCK EXCHANGE.■(By Telegraph—Prcny Association.t ■ Auckland, November 4. . - Business done at the'-first call of the Stock Exchango to-day. included:—, , May Queen. 4s. Id. Sylvia, 4s. 7d. ' Waitaia, Is. 2d„ Ib. Id. ( -. Talisman, 625. . : ; •• Grand Junctions, «s,\ • Tie following business was done at tht afternoon call:— •' . . ' . ~-\ Taupiri Coal, 19s. ■'.Dominion (con.)', 4d. . ' Golden Belt (paid), Is. Tairua Broktn Hills, Ib. . Talisman Consolidated, 5Es., 625. 6d. . Wa-hi, 1925. 6d. . . Waihi Extended, 65.;3d.,' ss. 2d., ss. Id. ■ • - Handsworth, lid. . Halcyon, 2Jd. > ;May Queen, 3s. lid. ■, ■ . ) New . Sylvia, 6s. ■ Waiotahi,'4s. 6d.... : ■< Old Hauraki,' -2s. 2d. . : . • ■ . ■ Ounodln, November 4. .Stock-Exchange sales Waihi Grand Junction, 435. 6d. ~i -Sales reported:—. ' ,'Waihi Grand: Junction,' 445. 3d. ! Consolidated Goldfields;: 17s„ 17s. : ' - i Progress, 12s. 3d. ' Golden Bed, 155., 153. '. . / '.- r- ! . MINING NOTES.' ■' Old Alburnia.—The loading stope vis 'still being oarricd along on the loader in the hangingwall of tho main reef, and is now.within.'a few feet. . of, the ond of tho drive. The. riso is up 12ft.;and tho: leader is about 10 inches wide. It looks very, promising, and shows good, colours of, gold. The 'winze is down 15ft., aad tho hangingwall 1 - loader has functioned ,;with; the reef. . .Handsworth United.—ln! the .-low. 'level' small lead is being driven on south, and, although very..imall,.: still .shows dabs of gold,, with an' occasional few small specimens., . The ore and specimen- stone on hand will-be taken to the battery on Wednesday next, and shouldyield a very ' iatisfactory return. , The . con. tractors for Hnntly's reef in Irene jectionhav#' cut: what appears-to'be reof, it being, 9-inches wire, with another 9 inches of reef lotmatlon on H.W.i and gives a little gold, bat stfareely /payable yet., ; ■ , - ,'New Waltaia.-Stoping is proceeding north and couth of the north . riso at. the .fntsrjnediate level! the reef, being: from 6 .to 9 inches wide, and'- prospects' well. ■ The' battery: will: bo run-, ning on slimes ustil'Tuesday, aftor .wliloh the . Handsworth United ore Will bo treated, :And/ then a trial phrcol of. 15 tow from .'tho' big blow at No; 5 "levfll,; which is ready; in ■ tho hoppeh'' There are 23 tons of-sands from tho last crushingl now being oyanided in tho vat. - i Royal Oak.—At No. 6 level the loader ,in this drlvo'east.from tho-winze; though small, looks woll'for gold. -As, there is'a big increase in tho flow of : water, tho chances are there la' a largo oro body ahoad, 'In tho leading otopo ibo reef averages l 61*„ as'd still produces dAbs of gold. A prospecting hold was flrcd in tho wim6j whero- soma good: dabs of gold', wore left when sinking.- The .result was."10lb(lof--picliod- . stone, 'making ,a total, of 201b. .' i '. : Champion;.'Mines.—Tho ■ south drive i has been: advanced a/further -distanco'of Bft.. At this point,a bunoh, of quartz was. met with,-in which como very; nice prospects of. goldrwero.obtained. A short crosscut was 'put iiU.afld as the auarti again ,gave, qut tho ,miinager. decided -to again continue . the; drive., :. At tho: timo of, .writing some very.nlco auiru is-making, and-in wasll-, ing w6 get-very gbod prospects' Dotli in tho rnbbio and in'the stone itself. This'is moro oilcourtgiug. aa t;o are now getting in tho proximity tp whero: vei-y rich: gold,;was; got on tho surface. The mill has been-'running : with six . heads foi 1 72 hods sirico cruehlDg was commeiicod, ,but tho dirt put through is ot low grado. lhero aro : .<ooß. -of amaliram' on hand. .;, ' kuramii;'4water is,"'troubldsomd, in - the low level. Blyth section. No. 1-winze. Shclback; Is. down 45ft. . Tberi is not much water to contond . with. .; v -i'. ■■■ •'•; -,-' .; i Ilolianco.—Tho crosscut being driven from-the , Alburnia main tunnel;. has ■ passed through:; tlio hard bar, and the country in tho,face-is bettor; So spocdier progress, should bo mado, Tho Orlando reef- may bo met with, at any time. Prido of Tokatea.—Tho cross lodo . in places - looks well, and during tho ; week; some of •; tho Or'o brokon down showed strong blotches of gold: Tho drive to test: tho footwall lode (going wo3t) ait the: low level has been advanced a dlstanco of 10ft.' Tho country is highly mineralised,' but rather tight. . • - , •'-■ ; - ; ■■■ Dixon's \ Consolidated.—Th? :\ drive : westward aJong' the footwall of the reef has been , ex- , tended 07ft. Only about 4lt. of tho-reef >.is. boing-broken out in tho - drivo, and colours of gold aro occasionally , seen. . . At : -the,-low level a drlvo 1b boing carried westward on the . Quarts formation passed through. ; < May Queen—Work in tho May Queen:mine is at present oonflned to tho levels from No. 6 up- • wards. - At No. 6 the: crosscut to intersect th 6" north-west lodo westward of the break has been ■ extended - 16ft., .and'is .-passing • through: good , pountry. . Stophg . oporations on toe footwall dropper ot . No. 4 lodlV aro -producing payablo Vre, from)-which & littlo- picked stoneis. obtained. A small lcadef in: the footwall of the main,lode is also being opened out on. This looks promißinf, and shows ffood'dabs of. gold, , Crushing is still proceeding at the- battery. The repairs to the pumping plant aro being pushed' on with is vigorously as possible/ and it is expected', that a o'.art will b6 mido during, next week to unwater the shaft. . In tho -Moanataiari section the drive on tho-Cambria' reef 'at No. 3 lovol has now boon continued to the boundary of the Waiotahi mine, and : it is intended to commence oporations on the hangingwall leader as soon as.possible.- , . . , . ' . .., . Tairua Broken Hills.—During the week tho bat-! tery has crushed .with 20 ste.mpers for a-period of 53 hours, treating 44 tons of Quartz. -.The quantity, of hot wator sijueczed amalgam 'pro-, duccd for the week is : 250j., making a total of 1250z. on hand.. Twenty-eight tons of ■ slimes, and' 16 tons of safld. havo been placed in tho agitators, for treatment;' . Thames.—The Cambria reef is fully 6ft. wide, : but the quartz ijs still very • hard. ■ Some nice , mineral indications aro • occasionally met with, but no -values havo been seen, ,■ ■ ; Old Hauraii.—Rising from the 400 to the 300 ft. level will start immediately. -, No, 9 reof in the drive at tho 300 ft. lovel shows' strong' colours of gold. ,The leading stope north has been , advanced 4ft. ' Blotches of: gold wore, seen,' and lib, of picked stone seourea. A leading stope has been started. From tho winze the drive eouth has been Advanced 6ft. , No gold was seen. The drivo north was advanced 3ft., and lib, of picked stone got. ' ■ ;, • Kapanga— Sinco cleaning the boildrs tho water' has been kept unfior with less'consumption of c0a1..-- •/ • Victoria—A-crosscut has been, started from - the hangingwall on : Floyd's reef,' to- out the 1 winze lead. The 'country is Similar ,to that ■ in 'the -winze .when picked .slo:;o wa3 secured some time . ago. • :The reef at No. 3 level maintains its size,: and. colours of gold aro occasion- ' ally seen-in the stono. A strong body of quartz i- .abbnt' two feet in width has' made its .appear- , ance from the hangingwall at a long angle, in No. 2 stope. It is very much flatter. About two feot of country divide this lodo from the body , of oro at the back of this stope. / ■; , : .' The returns from the various minos on tho 1 Hauraki Peninsula for the month of October : show a gratifying inorease of £<OS6 175..2 d, upon that for September, and is £16,187 68. lid. more than the yield reported for October, 1908.: The J total output , for last : month was £111,046,, of , whieh £107,542 165.: Id. was-from 'the mines in 1 the OWnemuri County. Tho following are the r detailed returns:— : ' ' £ s. d. j Waihi, 33,697 tons 75,653 0 0 i Talisman, 3KS tone 18,292 13 2 I Waihi Grand Junction, 6032 tons ...... 9,908 0:0 Rilverstream, 42 tons; .....' 2,017 2 11 . Komata Eeifs, '800 tons 1,473-0 0 j' Waiotahi (September 30), .142 tons, .' ■ f 271b. picked stone 98111 I Waiotahi (October 30), 163 .tons; 321b. j picked stone 1,054-10 6 Tairua Brokon Hills, 572 tons 656 0 0 New Sylvia, 98 tons .43118 5 Hauraki: Freehold (tribute), 84oz. ...... 240 0 0 New Waitaia, 40 tons .140 . 0 8. : , . Total for. October ;... 111,046 16 t