MINING

Evening Star, Issue 14532, 7 December 1910, Page 4

MINING

The New Trafalgar dredge is rlil! workire over lbo terrace ecction, and for the week hiis been goina through a boil-hole. The ground was drifty and deep. A large quantity of etiiff'was put through, but, proved very poor. It is possible that the present week's work may reach the old <lrrdr.ro paddock in tho .Yec-k corner. A few hours '.vcre hsr on Saturday effectinc repain;. Th° Rise- and Shine No. 1 dredge made Bft ahead lad week- on a cut of 600 ft, with a depth of from 42ft to 48ft. Towarde the end of the week ihere was an im-provcpic-n! in the prospects on the east side of the cut, where a red clay bottom came in. 'J h/> Wlfon Owl; dredge-master wire? :-•" Resumed work yesterday; probably wash up when bottom is cleared." Iheddng and sluicing returns totalling 3.0070/. Bdwt, 21lt were reported to the local Stock Exchange during the, past four weeks. In flu icing companies pride of place falls to the Muddy Terrace, with a return of 288oz, the Nokomai Hydraulic being next with a yield of 2210z. In drc-deing returns Hiding Sun is on top with 2210z lSdwt, her biggest return being 630z sdwt. Following this are :--Rise and Shine No. 2. 189oz 6dwt; Blaclrwater River, 1970z 19dwt; and Golden Bed, 17607. 14dwt. Waikaia, once, near th« top, i.s second lat-t wilh only 30oz for three retllTlleJ.

CONSOLIDATED GOLDFIELDS GROUP. NOVEMBER RETURN'S. [Pep. United Press Association.] REEFTON, December 7. Tim Progress Mines of New Zealand crushed 4.426 tons, vielding 8620z sdw{, nf the value of £3.540 14s. There were cvanided 2.500 lone, vielding 2330z 12dwt, of the value of £703 14s sd. Sulphurete produced an estimated value of £762. The Wealth of Nations mine crushed ]J>66 tons, vicidinsr 584cz sdvrt, of the value of £2.412 9s 3d. Tliero were cyanided 1.232 tons, vielding 3200z 15dwt, of t,he value of £1.089 4fi 4d. The Blackwater mines crushed 3,556 tons, vielding E7210z sdwt, of the value of £7*065 15s ,vi. There were cyanided 2.079 tons, vielding 2520z 16dwt, of thevalue of £834 4s 9d. AUCKLAND STOCK EXCHANGE. AUCKLAND, December 7. The following business was done at the morning calls :—Bonanza, 5d ; New, Sylvia, 3s 8d; Occidental, 4Jd; Hauraki R*efs, 7d ; Waihi, £5 17s; Grand Junction, 30b 6d 'and 30s; Wilson's Cement, 41h 6cL WAIHI GRAND JUNCTION. A P.A. message gives the Gr<j*td Jnnction return for November as £12,266 2s Id from 7,421 tons of ore. ROSS GOLDFD2LD&. WELLINGTON, Decmbcr 7. A meeting of shareholdere in the Rom Goldnelds Company, Limited, today approved of the scheme of reconstruction.. It was agreed that the provisional directorate should be resident in one centre, and tho liquidator was authorised to tppoint a provisional board.