Mining News.

Lake County Press, Issue 693, 30 January 1896, Page 2

Mining News.

It was recently leported (says the Southern Cross) that O’Shannassy, foimerly well-known in mining circles in Southland, had “ struck it rich ”at Ooolgardie. Now;, rumor has it that he is lying ill in the hospital there, and

very po.orly provided with this worlds goods. Friday’s Dunstan Times reports The whole o£ the Bald Hill Flat Sluicing Company’s mining properties-, werelast Saturday offered by auction by MjrGeorge Eache, and knocked down to. Mr John Ewing, of St. Bathans,for. the sura of £soo.—The wash-up of the Golden Gate dredge for last week was something like 58oz of gold.—ThpNgapara dredge had a splendid washup on Saturday, but have been stopped all this week for repairs. gold revenue returns for tbeyear 1895 showed the yield to be. 293,491 ounces,|of a value of £1,162,464 as compared with 221,615 ounces, of a value of £887,839$ for the year-1894. The quantity yielded by the Auckland goldfields during the year-had, more, than doubled, while the West Ooaat aad Otago, also- showed, a small increase. The Cromwell correspondent-of the Daily Times telegraphed as follows: “ The Bannockburn dredge has bottomed at Cornish Beach and has struck good coarse gold. It is reported that the stuff is running two or threepenny-, weights per bucket.” A Beaumontcorrespondent wires : “The Golden Gate, a new dredge put on the Molyneux some two months ago, a few miles above the Beamnont bridge, averaged for the.first few. weeks 400z,' last week over 80oz, and the owners ex T ,pect more this one. After this dredging about the Beaumppt is bound to go , ahead, and the private parties who, have secured the river here should’ have np difficulty in getting dredges, put on their claims, which have aIL been surveyed.” The liquidator of the PhcenixExtended; Gold Mining Company has de-. dared a dividend of 3d per share pay-. able in Melbourne. Perth, January 28.Wonderfully rich stone has been dis-. covered by the Polades, party, in the, 50£t shaft-at. Pindinnie.. Three man, dollied ,15oz of gold per - day,.- The last ; crashing of 250 tons of stone from ,the! Great Boulder claim yielded ;13$8oz of - gold. A rich find is reported; nnearr r Edwards’s mine. The Norseman field $ has petered out/