THE WAIHI MINES.

Nelson Evening Mail, Volume XLIII, Issue XLIII, 2 April 1909, Page 4

THE WAIHI MINES.

[United Press Association.] WAIHI, Thursoay. The Waihi mine, which ranks as one of the greatest propositions in the ■ world, having produced in the last 18 years nearly £7,500,000, and paid to , its shareholders over £3,000,000, is iigain entering upon an interesting .stage of development by the opening up of No. 10 lovim ;it a depth of 1000 feet. Consistent with the developments of the upper levels, tho results of operations at the moment of washing are moat satisfactory, the exploitation thr-wing the two reefs, the Royal and the Empire, ot tiie scries of 16 met with n tin; higher levels, to be of j equil strength and, value, the present , tendency indicating even improvement. ' The r.djoining propeity, the Grand ' Junction, situ.if'-d about a stone's : thiow from th'; .—■■--i in v.ciili!nu's of the Waihi miiit 1 , is ;r.-o entering upon an . important rtage of development in ! ( opening up its No. 5 level at practically j j the same d»pth (1000 feet) as the Waihi i mine. Crosscuts from the west and east from the bottom of the shaft (No. j 5 l»vel) are being prosecuted to inter- I sect the well-known Martha reef. The ' No. 2 lode in already being exploited j in the uper 'evels an-J to the east of •' tho Empire and the Royal. In the meantime thr;> winzes from the No 4 level are being sink on tho Empire, and one winzo on th? Royal. The rej suits of "hesc operations have disclosed High-grade mineral ore, upwards of £4, extending over the full width of the wir.zes. j The enhanced value of the Empire and Royal reefs in depth point to valuable disclousres being met with in N.j. 5 level