INKERMAN.

Inangahua Times, Volume V, Issue 52, 5 July 1878, Page 2

INKERMAN.

The mining manager's report, ns suit* mjttod to a mooting of tho shareholders on Monday last, is, so far, of a very satisfactory charnotcr. Upon tho present, lovol a vory large body of stone, over 2() foot thiok tn places, has boon driven on lor 82ft ; this being tho longth of tho block on this lovol, nt lost ns fur ns linn yot boon nsoortainod. At tho south ond of this samo block a small vein ot' stuno hn<* boon opono I u. on, nnd, although only a fo«v inohos thick ou starting, has opono I out iu tho short distauce of four foot to. six foot. Every foot that this driro pro-* coods and carries stouo ottonds into sharp, rising country, nnd groat hopes 1 arc, thoreforc, entertained that this now ; block will a.ovo tho oxistnnco of payable quartz iu sullicient quantity on tin* present level to warrant tho erection ot machinery nt no distant povioii. Although at the pivsotit tiun* mining matters in general aro perhaps in ;•. greater atp'o ol' i->'*;***.-;- -ior. :!•.:"' *'• \\* havo beoa for yo.-.r.i :•;•,.■,■:,!.!•..:■.> ■. "

iholcHS. t'vury posHiblo likelihood durin« (In: clo.mjol' l.li(! pri-annl year of a very conisi'lmbh 1 niimbrr n\' liiitul« Ufing cm plovril in iliin iKH'iiiiii of ilu- dislricf. In t'-if: (joiir-i 1 c»t Ivvn in* 'lit'i'c months ihi' \{pv vnl. Cor^'Vi'-iince, I'lioaniic, (HP other intnoM will bt> Hiilfioirritlyoi'oriP'l up to loq-iiro tho mrv\< t oA ol'sevoral mon in eneh. Tn nclrlition to the nbovn, in Mir Onrden G'llly mine there i» olreiuly h verv Inrijo qunn^ity of atnttn exposed nnd the mine in rcndini'sx for taking otii tho Btonn mid nwniiimr »»nlv until eriHhing power ut a roniofiuhlo rate i« availubio.