MINING NEWS.
NENTHOEN ITEMS. The Victoria. Company's shaft is now down 34ft. of which 16ft follow the reef in its underlie. The stone is of a solid nature, and yields very fair prospects. The Justice and Mountain Bell shareholders are about to consider the advisability of registering under the Mining Companies Act, and tenders are called for oinking a shaft upon each of these properties. The Eureka Company’s contractors are making good progress with the shaft now sinking, and a depth of upwards of 20ft has been reached. The ground is soft, and favourable to the existence of a good body of stone. The Zealandia Company held an extraordinary meeting on Sept. 13, at Maloney's Hotel. The appointments of Mr J. J. Bamsay as legal, and Mr J. Oats as Mine Manager were confirmed. The mine Manager’s report showed that the last shaft sunk in No. 1 reef is now down 29ft, showing the reef to be 2ft 6in wide in the bottom of the shaft. In No. 2 reef the shaft is down 30£t, the width of stone being 2ft, carrying excellent gold throughout. The Homeward Bound Company are down 12ft with rheirnew shaft, from which a piece of.stone Weighing 9oz yielded llgr of gold upon being crushed, or at the rate of 91oz to the ton. A discovery of what appears to be antimony was also made in the same shaft. The Kawarau Company are down sixteen feet, and have a solid body of stone which has a very promising appearance. The Nenthorn Consolidated Company have appointed Mr J. Donald, mino :Manager, and work has been commenced on the face abutting upon Deighton'a Cr ek. The Daddy Company continue sinking, and good prospects are met with as the shaft goes down. Several parties are trying to develop 'CMtftovirtil mining in some of the creeks, but the colour is met with in many nobbing that may be called has so far been found.
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Bibliographic details
Lyttelton Times, Volume LXXII, Issue 8904, 21 September 1889, Page 6
Word Count
324MINING NEWS. Lyttelton Times, Volume LXXII, Issue 8904, 21 September 1889, Page 6
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