LATEST THAMES NEWS. (FROM OUR OWN CORRESPONDENT. Friday.

Daily Southern Cross, Volume XXVI, Issue 4061, 27 August 1870, Page 3

LATEST THAMES NEWS. (FROM OUR OWN CORRESPONDENT. Friday.

~ MINING. Junction/ Company.— A n rich, part of th< leader was laid bare yesterday, afternoou' at about the centre of the large block of ground between the upper and 100-fee^ i levels. A drive had been entered to cut this block ir two, and so facilitate the process of extract' ing it, and in a very few feet came ttpqn s rich spot, from which aome 201b. weight oi prime specimens were taken. - This looks well for the block, for one patch generally leada on to another. Nearly one hundredweight of specimen stone is on hand, and will, I have no doubt, fetch the general crushing up to 3oz. the ton. Child of Fortune (la.tr Little and Good).— Little did the Little and Good Company dream of how close they were to a good thing when they were working the old leader, and yet the main tunnel passed through tha vein which is being turned to such good account by the present occupiers af the ground, whilst the old Little and' Good vein runs parallel to and within three feet of it. I write upon actual inspection, having visited the claim this morning. The specimen leader is small — some four of five inches in width — and has been traced nearly fifty feet on its N.E. andS.W. sfoike. It ia patchy with gold, and makes fairly for the Point Russell ground. The two claims would, if amalgamated, form a hancsome piece of ground to work. The Child of Fortune men are now engaged in securing the, ground already opened, and will scarcely recommence driving in less than four or five days. Caledonian Company. — There is every probability of the name of this company being added to the list of gold-producers in the course of a week or two. I stated in a former report that the Golden Crown Company's main low level had had been driven to the boundary line of the Caledonian Claim, and that the gold had been carried right up to it. Since then the ground has been, further proved, and with first-rate results, the lode having been followed upwai'ds of 30 feet on the boundary, through good golden stuff. This proves beyond cavil that the shoot of gold goes into the Caledonian ground ; and, with the view of getting at it sooner than by driving from their main shaft, the Caledonian Company, have lately been making arrangements to *ftptfe out of the Golden Crown level. These arrangements are concluded to the satisfaction of both parties, and in a few days the Caledonian people will commence driving on gold. They are now clearing a paddock on the surface for the reception of the stuff, and laying a tramway to it from the Golden Crown shaft. I am very much mistaken if a heavy rise in Caledonians will not be the next event to chronicle. Morning Star Company. — Cleaning up and retorting was finished last night, and the gold was 'taken to the Union Bank of Australia to be melted this morning. The result was an ingot weighing 170oz. Good all's Machine.-— The eight tons of rough stuff taken out of the Tookey Company's shaft gave loz. sdwt. of /gold, which is a good return, considering that there was three limes as much duffer sandstone *»s productive quartz. The trial lot from the Fourth of July Claim only gave 15dwt. Inverness Company are still crushing, but will clean up to-morrow. Shotover Company.— A patch of nice stone was taken out of the sur ace workings last night, Gold showed very thickly in some of the pieces. 39 head of stampers are still going for this mine. Kuranui Machine. —Thirty head for this company, ten for the Junction mine, and the six-head battery for the All Nations, is the order of work at this machine. The All Nations will clean up to-morrow, and expect a good yield. Cure Company.— A mistake has been propagated in connection with the late crushing at the Manukau machine. Only nine tons instead of sixteen, as reported, were crushed, so that the yield, is very close to loz. the ton. The company have nearly twenty tons of the same kind of stone in paddook, and purpose crushing it at an early date at the Tramway machine, which is more suited to treat Cure stone thau any other on the field. It has ever given the company the highest returns. Kueanui Company. — The contract for the low-level tunnel was finished yesterday, the distance driven being 600 feet in the short period of sixteen weeks, at the rate of thirtyseven feet- weekly. This, considering the size of the tunnel, 6ft. 6in. by 7ft. in the clear, is remarkably smart work. The tunnel will be continued on, I presume, another contract. I have to correct a mistake that appeared ,in yesterday'sjreport. The gold obtained by the Dauntless and Sink to Eise Company ', was melted at the Union Bank, and not, as appeared, at the Bank of New Zealand.

I' (FROM LAST NIGHT'S " EVENING MAIL.") 1 The Moanataiari Company.— This com- ! pany's mill has again started to work on stuff from the company's own mine. The Mo a Company. —A parcel of lloz. lOdwt. of retorted gold, for the Moa Company, was lodged to-day in the Union Bank of Australia and melted. The Speedwell.— A small parcel of specimens weighing in all only about 41b. from the Speedwell t Claim, Coromandel, was crushed to-day, and yielded 7oz. retorted gold, which was lodged at the Bank of Australasia, where it was reduced to soz. 18dwfc., valued at £2 18s. 6d. per outice. The Mountain Flower. — There have been 174 tous of atoQe fro . m tne M o UQ t aia Flower Claim, Moanataiari, crushed at the Manukau battery, but the result obtained only gave an average of lOdwt. to the ton. There yet remain about 8 tons of better stuff to be 'crushed. Both lots weie only trial crushings,