MINING NEWS, Grahamstown, Monday.

Daily Southern Cross, Volume XXVII, Issue 4356, 1 August 1871, Page 3

MINING NEWS, Grahamstown, Monday.

Caledonian.— I have not visited the mine to-day, and so cannot give a first-hand, report. It is however said—and I have no reason to doubt the truth of the statement— that a lot of the lode in the chamber of the new low level was dislodged by a shot to-day, revealing first-class stone behind. A band of gold 3m. wide is described as visible. More specimens were taken out to-day, but no gold was banked.

Tararu Company.— The Tararu Quartzcrushing and Goldraining Company's lowlevel tunnel at the back of the machine is being pushed ahead with good speed, the somewhat; hard character of the | country to be penetrated being taken iuto consideration. It is in 400 ft., the distance undertaken by the first contractors, and now another contract for the remaining 800 ft. is about to be let. The company's machine is crushing with 49ft. head of stampers for the Caledonian Company.

t Eureka Hill.— Cleaning up at the Shotover machine was finished on Saturday night, and the return of gold from the 52 tons crushed declared at 57 0z. melted. This n?ay at first sight seem a poor yield, but it is to be remembered that 12 tons of the 52 tons were taken on trial from the leader in the 130 ft. level, and yielded only 3oz. This, whilst enhancing the value of the stone from the higher levels, depreciates that of the lower ones, where I certainly was led to infer that payable stone had been found. It is upon the loirer levels that the mine has to depend for its existence. The yield of the stone taken from the higher ones may be roughly estimated at Hoz. to the ton.

Vulcax.— There is a portion of my reporb of the Vulcan which appeared in yesterday's paper that needs amending, otherwise it may cause misconception on the part of shareholders. I stated that the return of the general crushing was GGoz., which did nob include a lot of specimens that had yet to be treated. It should have read specimens and picked stone already treated, and which belonged to the parcel, and yielded GOoz. 1 reported this crushing of specimens some weeks ago. The total yield of the 33 tons crushed wag therefore 12G0z., or at the idte of nearly 4oz. the ton. Cure. — I heard this afternoon that another leader of small size'- bub promising appearance had been cut in the mine to-day. This was the first repoit of the next mine manager, Mr. Henderson, the formeronehaving resigned to take charge of the Vulcan Company mine, Tararu.

Tookev Company : Tribute .Reports. — Willis and party finished a crushing of 22 tons at the Tramway machine to-day. The yield will not be known until this evening. Hamilton's party reoccupy the vacated battery with a 15- or 20-ton lot. Work's party are crushing a 23 ton parcel at the Prince Alfred machine, and expect a c;ood thing from it.

Crown Prince. — This company has arranped to crush 13 tons at the Miiimkau machine. A considerable quantity of specimen stone was taken out whilst thepaicel was getting. A return of 30/ C. to the ton is talked about. — [Correspondent. J

TfiK Cr. \KEMONT.— A parcel nf about 501b. of stone from the Claremont Claim, Karaka, was cru&hed on Saturday at Spencer and Hall's test b.itteiy. The yWd obtained was G.'.oz. of cold.

The Quebec. — A contract for sinking a shaft in the Quebec, one of those claims recently taken up on the flat on the Queen of Beauty reef, but pv.or to commencing this work the shareholders are about to piocure the use of boring rods. With those they intend to pierce for the reef, and will commence on Tuesday.

Thk Pukeiiin-<\u. — The manager brought a sample of specimens to town on Saturday, They were found in the continuation of the Harbour View reef, at a depth of about 40ffc. from the surface. Some of the specimens were rich, and the manager states that the gold is striking downward. — Adoertlber.

The ordinary half-yearly meeting of the Sailor Prince Golclmining Company, and also the extraordmaiy general meeting, which were convened for yesterday, both lapsed, owing to the absence through indisposition of two of the directors and the principal shareholders. They have been called again for the 18th August, at 4 p.m., at Mr. Thome's office, Fort -street. Statements of the affairs of the El Dorado, Nolans Candlelight No. 1, and Waitemata Goldmining Companies, are published in a Neiu Zealand Gazelle, dated July 17.