MINING NEWS.

Grey River Argus, Volume XXXI, Issue 5007, 11 October 1884, Page 4

MINING NEWS.

\ .V- MINING REPORTER.] '"" '" '.'Reefton, October 1. Welcome. — Further development of the mine in the main level gives further evidence of the value of the property. The reef oil this level has now been traced over five hundred feet from the north to south faces. As the work advanced : , the stone treated gave; an averageiyieldjbf something, like three ounces of gold per; ton. . The; dividends derived.from working so far ?the Np^ 7 level have been £1 per share, and. from the known length of reef yet to bo worked between the No. 6 and 7 levels another pound at least .will be obtained. The working -of the present level is expected to occupy yet fully ten to twelve .months. '- During, this interval a; lower ■section pf| the mme v will be opened up. '.There" is, an ample supply of stone at aIK times at the mill and the machinery is hi' first-class order. , .•-.-'• ■/iUppei: 'Batttery.— The Hopeful tributaries completed their crushing in,the latter part- of the past week. The gold yield represented 28| dwts per ton of quartz. - The .same .have . made arrangements with f tHe] Justin-Time Company to reduce' a'parcel of' stone which is known to contain gold, but whether payf ; able.is a question. • If it is found-remu--Jnerative after crushing, say, 150 tons, arrangements will be made; to 'continue.the crushuig^as'itis thought: that ( a lirge quantity. of ;tMs. £lass of stone can •be produced from the Hopeful, mine. i-Fiery^ Orpss.— rCottirsues to, keep ten .headsconstantly' running on ounce stone. Having in view; the amount of quartz' that has b^een crushfed l since March last a dividendisHould now' be available. It must, be admitted that several interruptions have occurred during the Aime, but the amount of gold, obtained has > been very .consider■able. Yesterday there was about- : 7s tons! ; of stone in the varidus paddocks and' the; manager, MrM'Kenney, informed me that the. f aces vthen, showed a: good width of quartz, sotliatithemiy -will-be kept going, for ;a considerable time to come. ' Little Boatman's Low Level..—r-T-he-.cpuritry that^has • been pierced the : wh6le; distance from the to* the" ' present :face Has proved^to.be. exceedingly^ soft. .The face yesterday indicated that quartz may come in the drive any moment:: The driving of this adit has always been looked upon as one of .the most important works on the field. The .level is being drivenin an easterly direction, thus cutting the combs of the country for a distance of about 2000 ft. As this work proceeds several lines of gold-bearing reefs will, in all likelihood be intersected. ' Imperial.— The affairs of this company are still unsettled, although the hope is entertained that the company will eventually repurchase the ground and proceed systematically to work. The great depression current in the past has, however, impeded a settlement, but as signs are not wanting of a turn in the tide^it is probable that something definite will be done before the end of the year. .'"; Boatman's Low Level. — The contractors have driven about fifty feet since starting, i The progress is not quite what was "expected, for the time, but .a good deal of delay was due to stoppages in connection .with ; "the rock boring machinery. - The contractors have nowdecided to dispense altogether with the ns^. of the boring machinery, 'and to proco^i with the work by hand labor, believing they can make greater headway than they have done, hitherto. Hopeful. Extended. — The crushing of the tributors was concluded on' Friday last, the result being 115oz ;of retorted gold from 87 tons of stone. The cleaning up is not yet completed, as a few ounces additional will be obtained.