MINING.

Lake County Press, Volume V, Issue 276, 12 January 1888, Page 2

MINING.

The Last Chance Company ar» still engaged testing their ground with the hiring rods. It is said tho prospects tire encouraging. The Gallant Tipiest.tue crushing next week. During the holidays repairs to the battery have been effected.

Is there any party in the Comity who want boring reds to test their ground. The Last Chance Company will in a week or two he done with the set brut" used by them. The use of them could easily be arranged, fot. We c juiinend this toour mining friends, and to the Oaidroua peopio especially. Satisfactory news is; to hand from the Sunrise at Advance Peak. From wall to wall is found to be 10ft, and some splendid specimens of stone have been obtained. An experimental crushing of a ]>iece of quartz was made from store first taken out. It was one of the worst-looking pieces, aid weighed 15oz. This was crushed in a mortar and panned in the ordinary way, no silver, but only a magnet, being used. Tlie prospect was cleaned as well ss possible ; and, after making the full alloivance for u dirfe ! ’, it wasfiund ; that the result was at the ra;e of . Uca ISdvt Sgr to the ton. This , can be tsiken as correct, bet, if it average one ninth in actual crushing : the shareholders will be more than, satisfied. On Tuesday last a number of Arrow slaveholders proceeded to Macetown where a meeting was held at Elliott's Hotel. Nine shareliolders out of 12 viere present. It vras reso red to further develop Ihe mine and get out a crushing of, say, lOC' tons of stone at once. Mr Thomns Scott, who has had coasiderable mining a eperience, wat-appointed manager. Mr Scott r< ported (ho gold-bearing quartz to be 4ft 6in wide. Thesharehold vrs exprtissed the fullestsatisfaction with prospects of the mine We hear that IM.* 0. M'Queen, patentee of a new roller quartz, crushing plant, irtends to have a test crushing of the same in Dn iedia shortly. It is quite a departure from the style of the roller mills at present being used in America The Victorian *old export last year slmv » a decrease of the previous year. Tho Croydon field, discovered a few a, jiuns ago, is developing richly, arid a largoquantity of gold has already been sent down. There is now a considerable population on the field.. One mint has returned 12t»z per ton from 120 tons of stone. Mr Hnyter in his statistics gh’ea the following as the gold yield of the Australasian colonies up to (ho end of the year l<Sßt>: Qur.ntity. Y;Jue. oz £ Victoria ... 54.493.182 217,£72,728 N. S. Wales ... 9.737,80b 36, CSS, 539 Queensland ... 5y120.645 18,593,257 South Australia 199.276 '86,949' Total ... 69,556.908 272,536.473 Tasmania ... 450,670 i.726,179 New Zealand 11,916,729 43,590,821 Grand tt4al 81,924 307 317,063,473.