MINING NEWS.

Dominion, Volume 3, Issue 725, 26 January 1910, Page 10

MINING NEWS.

WELLISCUrON MISETG MABKF.T. ,!' The market was slow and dull yesterday, only, one sale being recordeed.: Old Hauraki sold on 'Change at the third call at ss. 6d. Talisman and Waihi Grand Junction were'.weaker.* • / ■ . QOOTATIOXS.' . .•The latest quotations wero 'as •follow:— • Buyers. Sellers. ' : *£3. d. £s. d. Kuranui . Caledonian .0 I>l . — N.Z. Crown : .;r ; —:•'■v.! 0.5 .2 New' Sylvia 0 3 '5 . —'-S Old Hauraki 0 5 5 . 0 5 7 Eoyal/Oali 0 1 5 0 1 .8 Saxon .■....'01 4 — ■Tairua Brokoa'Hills 0 11 11 4. Talisman'....../..:....-..:,. ;—: • ; 9 '.WaiM. . .5 it 0 •Wailii Extended I — 0. 3,3 Wailii Grand Junction 110 0 — v : . -.Waitangi •• — i -"'o/r.7 •Blaokwator' Coii.,GoldflcMs 0 19"; 3 019 9 Progress''' 013 ' o"' .: t <- ' Boss'Goldflclds 0. .8. J .. STOCK ' '' '.- (By Telegraph.—Press./ Association.l • ' - Auckland,'!.' January 25. At this morning's:call 'on' the' Stock: Ex-. May Queen,. 3s. Bd. v td 35.,-9.d. .' Sylvia, 3s. 7d. Waiotahi,' 4s. 2d. to -*4b. Id. ':'/ Boss Goldflelds, 9s.' : >A-fA- ■" , • Golden.Pah, lid.:■ ~ ' I '} ■ . . Old- Hauraki, ss. to. ; ss. Bi. ••-'■ Monto ,'Ohristo, sd. • • " ' ■Talisman, 445. to 455. • • • , Grand Junction, '31a. 3d. Kandsworths, 10(L Nov,- Waitaia, 7d. ; ■■ Auckland Gas, 3975.- • !''• , The following: sales took place at ' the afternoon call:— Dixon's Consolidated (con.), 4d. ■ '.'! ; Magnet, ZJd. : . " . -. May. Queen, 3s. Bd.' ... ■' • "•.!■ New. Sylvia, 3s. 7d. : : • 1 •-" • Saxon, Is. sd.v. . : .!".''• . Waiotahi, 45., 4s. Id., 4s.'2d. ' ' ■~''■' Watchman/la.'6d.:'. . .v,:->?«;.■' -• Golden Pah, 4id. '•:' t Old -Hauroki, ss. Bd., k 9d„ ,ss.' 60.;' ss. 4d. v Royal Oak (con.), Is. 9<L . Wailii Extended, 3s; Id, . - . ' . N.Z, Crown, ss. . - ■ ; Monto Christo, 51d. Waihi, 1535. Gd. ' ■ /• Dunodln, January 25. • Stock Exchange sales: .Notown Creek; Bs.:, 2«- d -'-S^f? r . aM ' ■■ - 4a - : Ud - ■■ a - lid., ss. 7d., '5s In;; ls ?J an ',f 2 3s ' : Waihi Grand-June, tion, ■ £1. Us.. 3d..: A sale is reported of I Westport Coal at £6.55. ; ■;,. • ™

; ' BEPOETS OF MINE MANAGERS. :

!,, , Caledonian,—-The manatfor Of I tno'Kuranul Caledonian mine reports tiat i the; rise on the cross-leader 'is now. up lVf t. i above . the" back of-the north crosßcut : ; in very, nice-country; The leader has opened out to".'about*-siu. in. width, and iscwu,posed;of:dark mineralised,quartz.Afiiw colours .of gold havo, been seen« in uVe stone, but ! no . further picked' stone lists' J® 1 !. met : The footwall leader," eajt ot the south; crosscut,' varies in width from' lin.s to'3m.,. and when .last- broken down the -stone-.showedy a few -dabs of coarse gola.- ; iho south - crosscut • is.-:being continued; as, the manager thinks there should •be moro leaders ahead. > ■ _Golden Belt.—At No. l: levol; in Golden Belt mine,-tlie reef .in tho foot-. \.all at tho south' end has -been cut ttoueh and . found-ta bo lft.' in width 1 U now bone.' driven on. and tho'oraV which 13 .Of a payablo duality, is- being saved_ for , treatment."; • The hangingwall ■ (branch of the lode in 1 the stones- now shows vsigns of functioning with the foot-' : wall portion. = I'he manager will'shortly, commenco driving south . on tho-reef in ; tho. low . level so as to get under the gold ; recently _discovered in the level above. ' . lomtillusscll.-Stoping north, and south' Pm n ?V ISO >i ab< "-° low level in the r K. Eussell .mine : has been, continued. 110l 10 Past-wcelt with three. men.- In' the .stopo going south , the reef is a ni™ I compact body; of stone, lft, thick, carrying Bo ?' i ,®! as a' of- minerals. Stone northr«l i , been broken down, and although no gold ,is visible: in tho.'stono &i'°K° ? - 13 p ° lnt ' is h eavily mineralised), by burning it colours of gold can wiflriti, Splendidprogress has been mado hore. mth_. the repairs to - Alfred level Mount Zeehan.—At the Mount. Zeehan mrne driving at the north end lad £ being proceeded with, .and .''tho ouartr broken out .still shows a great mont and promises an important developmolJ'i In tho . south ena, . owing. to tlfn ventilation being < affected by. tho water in the creek drying up. rising had to bo di s . continued, - so. a start. was made to con. tinuo sinking tho winzo immediately under the rise. During tho week: some nice looking oro was-taken, out, and by m pearanees, apart from its sulphido values 6h0 »l <1 TOld gold ,at any. time. •As soon as tho Moanatajari battery is available in about a fortnight, the triil crushing from this mine will bo put through.. ' ■