AUCKLAND.

Evening Star, Volume VII, Issue 2041, 19 November 1869, Page 2

AUCKLAND.

{From the “ Press" Correspondent.) October 27, 1869. Business, although still very dull, has shown a tendency to improvement during the week, and a considerable number of shares have changed hands at an advance. The principal news is the heavy crushing in McLeod’s claim, Coromandel, 800ozs to 400lbs of stone; and the great find in the Shotover (late Hunt’s) the specimens of which are richer than any hitherto, one of them especially, it weighs 116ozs, and is so rich that it is almost impossible to detect the presence of quartz ; there are a number of others equally rich in proportion, but smaller, which were taken out of the same workings. These specimens did not occur in any defined lode, but are simply water-worn specimens out of the old bed of the creek, which was got out by sinking a shaft about 19 feet bolow the levgl of ’the

present creek. The stones were bo thickly coated, with black mud, that on first being taken out, it was only their extraordinary weight which attracted attention. 1 do not see any reason why there should not be thousands of pounds’ worth of gold found in a simiUr manner before the bed is cleared up. These finds have materially had an inspiriting effect upon the mining community, both worker and speculator, and has given an increased value to stock in good or likely localities. The Belfast claim, after two years’ unsuccessful working, has at length reached something good, in the shape of a splendid body of stone found by the junction of two leaders; one of them is the Young American, and the other is the main leader of Tookey’s claim. The New May Moon, on the Karaka hill, is progressing. The leader is now four feet thick, and the men are blocking it out at a level of 200 feet from the surface. The Deep Lead claim is getting into first-rate working order, and it is thought there is nothing to prevent this claim from becoming one of the best dividend mines on the Thames. The Pride of Karaka—A number of rich specimens have been taken out of this claim during the last few days. A fiarcel pf specimens weighing about 80 bs was crushed in the single battery at the Una Mill, and the result as retorted on Saturday was 75ozs Gdwts of rich quality gold. The crushing, which was finished on Briday last, at the Kurunui Company’s Battery for the Shooting Star has given a splendid yield. The total from the six tons crushed amounts to 1770zs 19dwts, an average ot 29ozs 13dwts to the ton. They are now crushing 100 tons from this mine at Bleazard's machine. The wire tramway, which is commenced, will be a great,help to this claim. The Eureka, the Moanatairi, and the All Nations, are all crushing good stone. The Golden Crown is as rich as ever ; a crushing of fifty tons at Brown and Campbell’s battery returned 5230z5; that is nearly to the ton.