MINING.

Grey River Argus, Volume 21, Issue 3103, 26 July 1878, Page 2

MINING.

REfiITON. We take the following items from the Inangahua Times : — At the Bpecial meeting of the shareholders of the Juat-in-Time Company, held on Monday last, a resolution was carried against the proposal to let the mine on tribute. The Venus Company had an interim cleaning up at the Fleece battery on Saturday last, the return being 1640zs of retorted gold. This is the result of 1 1 days crushing, and the batteries will be again set going on stone from the same mine on Friday next, some trifling repairs beiDg required to the stamper boxes. The Hopeful Company's crushing progresses satisfactorily, and a cleaning up will probably take place about the end of the present month. It was expected that the Welcome Company would clean up on Saturday last, but the directors have decided to occupy the battery for some time longer KUMAKA. The Kumara Times of Wednesday says : — The belief has been repeatedly expressed that when s'uicing is carried out on a large scale en this gold-field, it will produce splendid returns. From a washing that took place yesterday at Birroa and party's claim, which is worked on that principle, there is every probability of the idea being realised, as for six weeks' work they washed up 150 ounces of gold. The ■ party consists of six men. From a letter received by a gentleman in this town we learn that a party of men had visited the Waiho for the purpose of prospecting for the gold referred to by the gentlemen who lately returned from a photographic tour in that district ; but owing to the heavy snow they (the miners) were compelled to return. Should the weather prove favorable they intend in a few weeks, if possible, to give the place a fait trial. ORWELL CREEK DIGGINGS. A correspondent at Orwell Creek writes to ns as follows : — Notwithstanding the good prospects obtained by the Napoleon Hill Company, a ( ertain amount of dullness prevails here, and the spirit of the place has certainly undergone a change from what it was some time ago. The stoppage of the Waimate and Working Miners Companies cannot but affect both the mining and business population to their disadvantage financially ; a state of things, however, that from every appearance will only be of short . duration, as only a small further outlay of capital is required to Btarfc the two idle companies, and enable them to cut the rich lead of gold that the Napoleon Hill Company are at present working on. The Napoleon Hill Company wi.l soon be in a position to declare a dividend, as the manager, Mr Pitman reports that the course of the gold for some distance is thoroughly explored, and proved to be exceptionally rich ground, averaging several ounces per set of timber. The late wet weather interfered with the workingjof the mine for three weeks, as there wa3 such a large amount of surface water percolating through the loose drift, rendering it very difficult for the miners to work. The creek being in close proximity to the workings renders caution necessary on the manager's part when it is in a flooded state. A large number of men are employed in connection with the claim, and more will be put on as the ground is opened out ; altogether the prospects of the company are very cheering to the shareholders. It is to be hoped that the shareholders of the Waimate and Working Miners' Companies will put on a spurt to raise the sinews of war, so that some benefit will accrue to them for the large outlay of capital that has been incurred. Though the ground already tested by the two parties cannot be considered, payable, still there is sufficient scope yet left for the rich gold the Naooleon Hill Company is working on to run through the whole length of both companies leaseholds. The returns from the Napoleon Hiil Company should be an incentive for the shareholders to immediately provide means so that work could be started in the claims, and as the claims will have to be further protected, the sooner it is done the better it will be for all parties concerned, , as the QrwelJ Creek valley is extensive. The Back Creek Company are stll fgetting their usual returns, with a prospect of its continuance. Through the stoppage of some of the leaseholds, a little attention is being paid to the out-lying crseks to keep the pot bailing until the company commences work again. ■5 i^m^m^i^am^B^m^^^t^m^mmmmm