MINING- NEWS. WAIHI GRAND JUNCTION.

Evening Post, Volume LXXVIII, Issue 57, 4 September 1909, Page 15

MINING- NEWS. WAIHI GRAND JUNCTION.

The mine superintendent has cabled the London office: — "Are crushing 202 tons per day. No. 5 level, crosscut north, 275 feet. Opsning at 220 feet east ; driven 12 feet ; width of ore, 66 inches j value, £1 9s 6d. West drive, 12 feet ; width of ore, 78 inches ; value, £1 Os 3d. No. 5 level, crosscut south, 454 feet. No. 4 lode, No. 5 level west, 'ISO feet ; width of drive, 69 inches •; assay value per ton, £6 ss. No. 4 lode, No. 5 level cast, driven 98 feet ; low grade. No. 4 lode, No. 4 level west, winze No. 4, down 85 feet; width of ore, 42 inches ; value, £5 6s 3d. No. 6 lode, C west winze No. 1, down 50 feet; width oi ore, 41 inches; value £4 103." t In connection with the recent developments in the north crosscut at >10. 5 level in the Waihi Grand Junction mine, the Star correspondent telegraphing from Waihi on Wednesday reports that it is now quite evident that the Martha reef has dipped between Nos. 4 and 5 levels to a greater extent than was anticipated, and that the 40 feet lode intersected over 30 feet back in the same -crosscut is the continuation of the Martha reef as met with on No. 4 level. The fact that a large reef like that just pass-ed through should come in. at J\o. 5 level, without showing some indication of its existence at No. 4 level, was extremely improbable, though, of course, possible. The strildng of the Royal lode at this level in the south crosscut is now being looked forward to, and in conjunction with the Martha and Empire lodes, should provide ample working material for a considerable time to come. WAIOTAHI. The return from the Waiotahi mm« for the past month was £904 13s. For this result 130 tons of ore were treated, and 331b of picked stone. This brings the total output up to £671,461 9s lid, out of which £400,800 has been paid in dividends. TAIRUA BROKEN HILLS. The directors of the Tairua Broken Hills G.M. Company have authorised the ■ mine manager, Mr. W. Goldsworthy, to i make certain repairs to the mining, j machinery, and plant, so as to enable him to open up further ore bodies, which, he stated, assays proved to carry payable values. Mr. Goldsworthy reported that the battery is now running 16 hours per day, and said he believed he. -would be now able to keep it going continuously. KURANUI COMPANY. The ordinary general meeting of shareholders in the Kuranui was held on Tuesday. The directors' report, as I adopted, stated that since the last nalfj yearly report operations had been carried on in a vigorous manner, and the directors hoped soon to meet with payable results, as the mine manager considered the prospects of the mine of an , encouraging nature. The cash statement | for the half-year showed : Receipts — To , balance £46 2s lid, bullion £11 0s lOd, balance due on No. 43 call £219 2s jajcl, No. 44 call account £373 4s 7d, No. 45 call account £373 4s 7d (received on account of same £13 2s 6d), N.Z. Insurance Co. (refund premium) £3 14s- 6d, excess sale of forfeited shares £1 14s 9d ; total, £668 Is lOd. The payments were : Mine wages £437 19s, drainage £71 19s, insurance £24 6s 6d, rent £9 10s 3d, salary £30, honoraria £12, miscellaneous £10 12s sd, refund excess (sale ! of forfeited shares) £1 12s 3d, cash afc bank £55 12s 9d, cash in hand £14 10s 8d ; total £668 2s lOd.