THE WAIHI MINE.

Manawatu Standard, Volume XLI, Issue 9221, 25 May 1910, Page 5

THE WAIHI MINE.

VALUES AT 1000 FEET

Telegraphing on Monday from Waihi, the Auckland Star's representative says:—Although the stretch of low grade ore on the Martha reef at the 1000 ft level in the Waihi mine was certainly longer than in the level immediately overhead, it can hardly be said that the recent fall in shares was justified, as comparat.icely little development work has been done, and the whole of the Waihi reefs, from the upper workings down, have shown variations in values. That the feature is, not in any way a prominent one as far as the bottom level is concerned, has already been demonstrated, as in both the east and west drives on the Martha development works have disclosed excellent ore values. During the past few days a crosscut from the south section of the 1 lode, for the north wall, 300 feet east of the main crosscut, lias exposed 15 feet of rich sulphide ore—worth close on £6 per ton. Right across here some 300 feet has yet, to be driven on the line of the reef to reach the Company's boundary. In a crosscut 300 feet west of the main crosscut from the south section, 10 feet of ore worth about £4 per ton is showing, with no footwall to hand, and 94 feet west of this point a second crosscut has so far exposed 10 to 12 feet of mineral ore, worth well over £3 per ton, with no sign of the footwall coming to hand. In this section of the_ mine there is about 600 feet to drive on the Martha from No. 1 to No. 2 shaft, and, as practically all the poor ore on the bottom level has been near the No. 1 shaft, it will be seen that there is ample room for a good block of ore well over pay value between the levels. It may also be mentioned that the Martha carried pay dirt well past No. 2 shaft. At the No. 8 plan level, the Empire reef has also been opening up most satisfactorily lately at the 1000 feet level, and promises to furnish a large supply of good ore for future stoping ,both east and west of the main crosscut. Altogether it may be said that on the present appearance of the bottom level, there is no reason to suppose other than that when fully opened up it will be found to produce quite as much pay dirt as; any of the preceding levels.