We received the following telegram from Mr F. Evans, managing director of the Achilles Mine, Bullendale, on Saturday :—“ In sinking shaft for No. 5 level discovered lode five feet wide worth 2oz, It is supposed to be the same lode as worked in 1886.” This ia ■welcome news, and there is every appearance at presant of this mine in the future proving the “ great gold yielder ” of years ago. The Dunstan Times reports :—There is quite a rush at the Nevis just now for dredging claims on the large flat there, which baa been little worked since the early days. Two parties from' Alexandra are said to have taken up claims. —An effort has been made to try and amalgamate the claims at Tinkers, and to work the same by one big company. Mr T. J. M'Kerrow, of Dunedin, has visited the district in connection with the above', and meetings of the different companies have been held, but so far nothing definite has been arrived at, the Undaunted Company being the stumbling block, as they have so far declined to sell at ihe price proposed. We understand an offer of £2400 has been made for the Delta special claim of 100 acres, situated at Golden Point, Reefton. This syndicate was floated in Reefton and Dunedin last week. We also hear that the Barewood mine, Otago, has been floated in London. From private advice received it appears quite a boom has set in at Reefton on account of mining experts being there looking after properties.— Daily Times. Auckland, March 7. The Try Fluke’s return was 2350z of gold, beingan increase on last week’s; the Rapai-Vermont got 400ozofgold from 308 tons. The Great Mercury Mine from 480 tons obtained 2920z of gold. The Hauraki crushed 350 tons for 29380z, valued at £7ooo—an increase of nearly 1000 on the January return. The Southern Gold Mines Company has been formed in London, with a capital of £75,000 in 600,000 shares at 2s 6d each, to purchase mining properties in New Zealand. These include the Southern Star (15 acres), adjoined the New Hauraki, two other properties at Coromandel, and one at the Thames. A private cablegram received two days ago stated that the company had been underwritten. Perth, March 7. Mr Owen, the representative of wellknown English and American engineering firms who were to have erected a number of batteries on the goldfields, has expressed the opinion that the best way to solve the difficulty of obtaining water for crushing purposes would be to bring the ore to the water. This would be much cheaper and better than taking water to the mines. He estimates that the mines now going in for development require 10,000 heads of stampers, which means an enormous quantity of water—more, he says, than there is any likelihood of obtaining. The Government ought to be able to arrange railway freights which wculd pay both the Government to carry and the companies to send ore to the seaboard.
Typhoid continues to claim victims among the gold-seekers in Coolgardie. This week there lias to be chronicled the deaths of two young Maorilanders ,—Fred Browning (aged 30) and Gerald Pawson (aged 20).
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Lake County Press, Issue 699, 12 March 1896, Page 7
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528Untitled Lake County Press, Issue 699, 12 March 1896, Page 7
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