THE GOLDFIELDS.

New Zealand Herald, Volume XVI, Issue 5636, 9 December 1879, Page 5

THE GOLDFIELDS.

MnANAT.iiAr.i. — The following is the weekly report of tho mine manager :— Tunnel Cross-out South ha"? been extended 9 feat during the past week, through the reef Utvly intersected; the hangingwall part (5 feet thick) is all carbonate of lime, with .1 mixture of quirtz, and thera 13 a division, b-tweeu this and the qnartz reef, which is now cut into 4 feet; the lode ha-t every appearance of being largo an 1 strong, and is, 1 think, known as the Waiotahi big reef, or continuation of the Caledonian reef. Where intersected there is over 500 feet of perron liculir bieks. Daring the last few feet driven the. stone shows a promising appearance for gold, containing blotches of c.ipp-. r and well disseminated with nimidic. The stuff is now being stacked, and will shortly be tested at the battiry. The reef bsiug hard, and containing a large quantity of water, 1 expect we shall be another wc.-k cutting through it. A rise has been started at the tunnel level on No. 2 reef, east of lhe miin slide. This reef was formerly driven on 40 fe-.t from the south side of the funnel, and showed good indications for gold. In the rise the reef now looks well, being 2i feet t'-.ick. and containing a large quantity ef mineral, including antimony ; previous crushings from litre gave 3d\vt<. per ton. Intermediate Leve' : X'n. 2 wiuz , sunk 'U the footwall branch of No. 3 reef, has broken through to the SO- - level, a'id is betwe.n the and the drive on .No. 2 re-f. SO feet Level : Nothing fresh has been met with in north cross-cut, and about 25 feet more driving will, 1 thiuk, ints-r-ejt the main slide. All the stopes and drives are looking very well, and during the past fortnight we have crushed 220 tons, including 3iwt. of picked stone, the yield from which is -U3jzs. of gold. — KOBrKT Co.yieu. [iiY TELECKAI'II, OWN - CORRESPONDENT.] Thames, Monday. Gold Uetckn.s.—Tookey tribute, Ashe, Sozs. 4dwts.; Golden Calf tribute, McCrae, Sozs. JS.l»vts. ; C tribute, liowe, loozs. lodwts. Alburnia.—Th- general crushing for this company continues to show up very we'l. During the past wtek nearly lOOt'ozs. of hard-squetze 1 ara.ilgaui has been accumulated from the general stiff alone. Trie mine is still looking well, and there are about lOewt. of picked stone on hand. Moanataiaiu.—The new lole is improving in appearance as the drive goes through it, ami the mineral indications are much more encouraging. A trial parcel of the quartz from it will be put through the mill shortly. Tookey.—A?he and party, who j-c tributing in this mine, have crushed four loads of general stuff, for the return of Sozs. 4dwts. of melted gold. Golden Calf.—McCrae and party, who have a portion of this mine on tribute, have eruste.t two loads of general stuff, for the return of Sozs. ISiwts. of melted gold. Caledonian.—Howe's tribute party have crushed a parcel of geueral stuff, for the moderat.' re'.urn of 13 zs. ljdwt-i. of gold. THE SHAREMARKET. There has been more business done in the sharemarkec to-day, a- d leading stocks have beon in detuao 1, but c!o-e I a shade easier. Sales: Alburnia, 5Ss Gil, 57s 61; Moanitaiari, 50'. 52s G 1, 50? ; Quean of Beauty, 5s 31 ; Devon's, Is 9d. .Sellers : Alburnia, GOs ; Moanataiari, 52j til. Buyers : -Moanataiari, 495. Cokomandel, Monday. Royal Oak.—The nnnnger reports a great improvement in the low-lev. 1; GOlbs. of sp cimens are to hand. No. 1 leader : Country is mccb. easier. Toeatea.—No. 2 re'f s!iew3 patches of gold every few feet. The manager expects something good in about GO f-^et. The New Pah struck a nice-lookiug leader in the cros3-cut seaward.