LATEST THAMES NEWS. (FROM OUR OWN CORRESPONDENT ) September 6

Daily Southern Cross, Volume XXV, Issue 3760, 7 September 1869, Page 5

LATEST THAMES NEWS. (FROM OUR OWN CORRESPONDENT ) September 6

Puriri has been going ahead tteauily of lato. On Saturday evening there was quite a lush here, on account of a report of the discovery of a large reef, of considerable richne's, having beeu discovered between four and five miles in the rangeB ; but nothing defiuite has yet been ascertained. The Waitemata aro at present busy making a road to take their quartz down to the Star of Vortuue machine for crushing. The Golden Crown struck a large reef of blue btone on Friday last. It is supposed to be a continuation of the Waitemata leader. They are at present four feet into it, and have not yet cut through. The Perseverance intend to sink 400 feet deoper than their lowest level at present sunk, for the purpose of cutting the Waitemata Iea<iets. They are sinking a winze on their present leader to n depth of 150 ft et, and putting in a tunnel to meet the winze on that level, to enablo them to put ou sufficient labour to work it day and night. The Star of Fortune and Golden Stir Claims, adjoining the Pewoverance, hive lately amalgnmated under the style of the United Stars Goldmining Company. Last Friday they sent down a sample of fine specimens, to be exhibited at Messis. Suly and Warden's office, in Shoitland, They also intend sending some to Wellington, Sydney, and Melbourne. It is really the finest sample I have seen for some time in this neighbourhood. The Pride of Puriri, adjoining the above, have got prospects of 4oz. to the ton io a new leider struck in their ground running in the same dnection aa the Golden Star and Star of Fottune leaders. The Royal Alfred, Dawn of Hope, and Bon Esporanee, lately amalgamated, situate on the other side of the range, have been hard at work lately. They have eiicceeded in proouring some very fine f-pi-ci-mens out of the Bon Esperance leader*. It is supposed that their leader ia a continuation of the Perseverance reef. Notwithstanding several delays, owing to the formation or companies and the taking out of leases, the ground in this direction n fasu becoming valuable, as well as an atti action to speculators. The prospects of having the steamer 'John Penn ' retained in this trade are decidedly promising, ovtr 200 shares having been applied for within two hours at Graham&town alone. There \i also a meeting of the inhabitants to be held to-morrow, at which the matter will be more freely discussed. Mr, Broad, also a shareholder, h.is consented to preside. Tho woiking men are expected to muster in force, and contribute their quota to this popular undeitaking. The event which has caused most excitement during the l»nt two days has been the Btnkuig of a fine tfoldbearing leader in the shaft of the Imperial Crown (late Long Drive Extended). The sh if t is a very large one, and is being sunk near the Tramway and Pnnce Alfred batteries, just underneath Tookey'a Cla m. They at* 1 only 20 feefc down, and aa soon as the drift had been passed the cap of the reef was struck. I saw the- stone that was taken out, and it is cjrtamly good, being thoroughly impregnated with gold. As you are aware, the company comprises what were fomierly the Imperial Crown, Little Poveity, and a piece of surplus ground running along the fo< t ef the hill from the Golden Crown to the Long Drive, and ib well situated for catching the strike of some of the richest lodes on the field. Scrip has gone up considerably, and, although there are many inquiries, I do not think there are many sellers, for the tindiDg of a rich leader at such a depth is calculated to inspire groat confidence in the present holders of scrip. The leader is from ten to twelve inches thick, with a casing generally found to be gold- bearing on the field. The Golden Gate has attracted considerable attention during the week, and the exchange quotations have Bhovvu a steady advance in the price of scrip. This has been caused by the sinking of a line casii.g in the slufb, showing strong indications of the proximity of the reef. The stone Ins been tested several ti-nes with most encouraging results, and you may not be surprised at hearing of the reef being struck very shortly. Some very fine specimens have been exhibited from a lea.ler struck in the Flora Macdonald Company's mi( e, and which js supposed to be the Pride of the Kaiaka. The stone ia very similar to the Pride of Karaka stuff. Some very good accounts continue to come from Coromandtl. The iJdsaacs, 1 am t ;ld, hive struck gold in a piece of ground at tup site of the old c3iggmg'*, nrar the Nil Desperauilum. Some specimens were brought down ye-t j tday, said to be from the Emma Chalhs Gohimining Company's ground ; if they are, the sharehi lders aiay be con^ia'ulated oi their go)il luck, Theie w,as a rumour dum>g the week that t»vo shaies m the Prospectoin' Claim had been s, Id for £12,000 a puce. I have since heard that the sales did take pUce, but at £6,000 each share.