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Mining Intelligence

▲ gold-dredging enterpri?e on Wftkamarin* Creek ia turning oat Wtl . la seven weeks over 3000e9 of fold were obtain rd, sufficient to pay the eo3t o£ the mnchine with ail working expense?. When the dreige waa last at work a " pocket " in tho creek too deep to reach bj ke !-! 'c in n?e (22ft Ion?) wa3 discovered, and as it WM found to b^ rich the syndicate decided to increase the capacity of the machine. In one day 17oz? of gold were taken frcm a "pocket." The ijndicate bason lease ao area of the creek bed a mile ioßg, and the whole of it it guppo-ed to be aariferons. Congiderab'e excrement has b<-en caused at Gienlncp, Victoria, by Mrs Cox, who 19 over 50 ye»r3 of age, And has been prospecting for a reef about 2 Miles from the Kitty's Birthday c'aim. She has come across a saddle reef •bowing god. She has got out five tons of quartz for crushing. She rides &re mild 3to her work every morning. It was proposed to reduoe miners ! wages at Morchison, W A, 10a per week all round, but a strike was threatened. The men have accepted an immediate reduction of 5a per wesk, and a further redue'ricn of 5i per week W'H be considered 'n a month's time. The Wellington Pc?t states that the Virgin Fl«t claim at Addi?on'd is being floated on the We'Hngton mar ket into » Company of 25,000 £1 •^•reg. £1500 is a^tdnwn ag the cost of flotation, and for the leimbur^ement of the prom»t^rq for prnspccMng outlay.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/IT18980615.2.15

Bibliographic details

Inangahua Times, Volume XXIII, Issue 1239, 15 June 1898, Page 3

Word Count
261

Mining Intelligence Inangahua Times, Volume XXIII, Issue 1239, 15 June 1898, Page 3

Mining Intelligence Inangahua Times, Volume XXIII, Issue 1239, 15 June 1898, Page 3