Mining News.
An elaborate judgment his been given by Warden M‘Car thy in the case of the application of the Ngapara Company a special claim of 75 acres on the Molyneux river, and an application for protection of section L2, block X, Leaning Rook district, by the Enterprise Gold Mining Company. The Enterprise Company objected to the application for a special claim- by the Ngapara Company, on the ground that section 12 which was included had been ac cjuired by the Enterprise Company from Mr John Ryley ; and the application of the Enterprise Company for protection was objected to by Ross and party (the Ngapara Company) on the ground that the ground was abandoned ground no- plant whatever having been placed on it. The Ngapara Company’s application for the special claim was granted and the application for protection by the Enterprise Company dismissed, as there was nothing to protect. No costs were allowed. A cable was received at Reefton that Mr Ziman had floated the Welcome United Company. The present shareholders receive 24,000 £1 shares paid up out of 100,000, and L 15,000 working capital is to be provided to develop this mine.
A washing up of 725 tons of atone, from the Achilles Mine, Bullendale, says the Daily Times, at the beginning of the year produced 7250z of smelted gold. Another washing since then now in course of being cleanep up will add 2500z5. Crushing was begun on November 13 past, but seven days were lost partly on account of the holidays and partly on account of bad weather, so tliat the total of 9750z represented less than nine weeks’ work. An immense formation has been discovered west of Black Flag reef, W. A. It is 10 chains wide, and lias been traced for five rail es. The original prospectors (Williams Bros., formerly of New Zealand) sold 24 acres of the ground for £BOOO. Certified assays of some stone taken from a depth of 66ft give from 12dwts to 18720z to the ton.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/LCP18960206.2.12
Bibliographic details
Lake County Press, Issue 694, 6 February 1896, Page 2
Word Count
334Mining News. Lake County Press, Issue 694, 6 February 1896, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.