TEE GOLDFIKLDS.

New Zealand Herald, Volume XVIII, Issue 6096, 1 June 1881, Page 6

TEE GOLDFIKLDS.

[I'ROM OUR OWS CORRESPONDENTS.] Coromanpel, Tuesday. New Goi.dek Pah.—A good deal of interest has of late been attached to this mine through the fifid made in the intermediate level. The drive is being pushed steadily seaward, and goldeu stone is found at every breaking down. Tne leader carries first-class walls, and has a very promising description of stone. The manager is very sanguine that something good will be come upon shortly. The drive to test the new reef in the bottom level is being pushed in, but has not yet cut the reef.

Success. —Very great .improvement has taken place in this mine" during the past week. For some time before very little gold has been seen. The reef was pinched up, and the country very hard. Now, however, it has opened out again and become somewhat .softer, and on Saturday about 2ozs. of gold was got, and a further haul of about 12ozs. of almost pure gold yesterday, while the prospects of another patcli are very encouraging. Some very, rich and handsome specimens have also been taken out, and as this gold is got by continuing the drive into the hill, the prospects of permanence are very materially increased. As the ground rises very abruptly, immense backs will be available to stope out, •while the prospects for deeper levels are still greater, for the greater part of all the gold got in this drive has came from the floor or ear it.

Bismarck.—The workmen have at last tapped the water in the rise, and it is draining off rapidly from the level above. Iu a short time it will be broken through, and sloping will immediately commence. The low level is still going inat the rate of three or four feet per day. The reef is still somewhat broken.

Mayfield.—The shareholders have just completed a crushing of eight tons for the good return of 24ozs. of retorted gold. 'Jlhey have discovered a new shot o£ gold in the leader, somewhat higher up the hill than any former workings. The country is very good, and the leader is four inches thick. A new drive has just been entered which will give a great block of the leader to stope out. Murphy's Hill.—Wills and party have taken up a portion of this old claim, and are on part of a leader which was worked with great success a few years ago. The prospects are very good, and it is expected to be something more than payable. TIKI. Blackjiore's.—A great deal of excitement has been caused in this district by the development of the large reef in this claim. It appears to be a continuation of. the reef found some time ago by Mr. Bennett, and from which some large blocks of stone, showing gold, were taken. In tracing them up the hill, a large cliff of quartz was come upon, which, on Tbeing tested, was found to be .gold-bearing, and a further trial proved it rto be rich in the precious metal. ■ On cutting away the surface soil to make a face on it, it was found that the whole of the sfriff was rich in gold, and worth from loz. to 2oz. per ton. A large quantity has been saved, as. this was cleared off the reef. Some, very good specimens were got on Friday and Saturday, but on Monday a quantity of loosa gold was got, and about forty pounds of specimens, estimated to average loz. per pound. The show is still wonderfully good, and it is now thought that this is the reef which has scattered the specimens which have been picked up all over the surface in this neighbourhood. No doubt a large part of the surface of this mine will pay to send to the battery.

Home Role.—The shareholders are taking out rich specimens from the intermediate level, which, however, is being driven close up to Blackmore's boundary. The low level on the reef is improving every foot driven. A few more feet will bring them under the place where the last crushing was taken out. A little gold has been seen in the stone, and as the country is excellent there is little fear of the gold going down. Tiebs'An's.—The low level is beingpushed ahead on the reef, but the country is very hard, and progress slow. The reef is large, and still very flat. A little gold is seen occasionally, but nothing very rich. On the surfice, the cap of the reef has been traced found the spur for some distance, gold being seen in several places. The reef is a very compact body o£ stone of a brownish character, in some places showing three feet thick, and nowhere less than a foot. Good prospects can bo got from almost any part of it by pounding, and when the battery is erected immense quantities can be sent to the mill at small cost.

Perseverance. —The men are making great preparation for the winter by splitting a large quantity of mining timber. They have also laid down a substantial tramway in their present lowest level where there is a large reef about four feet thick. A crushing will be taken from, this as soon as convenient, and if it proves payable, a very large quantity is available. There are three other large reefs on the other side of the spur, from which gold has been taken. The3e will ultimately be made available from a lower level. ■

Goloes Belt.—The stuff sent to mill from this mine is going through very slowly, owing to want of water. So far as can be Judged at present, the show on the plates is very fair, but unless rain fall very soon it is probable that only a. small quantity will be put through. i TE AROHA. Hajiilton, Tuesday. ' Mr. TV". K. Carter is still running a coach tlirce time 3 a week between Hamilton and Te Aroha, having bought out Mr. McGuire. It would seem, from the information brought by coach last night, that the retorting from the Morning Star had taken place as regards the:fifteen loads of stone which had put through up to Friday night. . Owing to the want of water, .only five head of stampers could be used. The return is not very encouraging—iozs. lldwts., or less than 7dwts. per ton. A very general, opinion prevails that it will be to the interest of the field, claimholders, and the battery, that further crushing when possible should be delayed until there is a full head of water. Stone tbat will pan out a fair show of free gold will not, when subjected to the battery trial, give 3dwts. to the ton, and the want of water is blamed by everybody as the cause. So satisfied, however, are many that the Morning Star reef is a good one, that the gnrand for fully a mile along the line of reef has been pegged off during the paat week. The reef is 2 feet G inches through, lying in good and easily worked country.

IY TELKGP.APII.—OWN CORRESPONDENT.] Gold Returns. — Alburnia Compauy, 85ozs. lldwts.; New Golden Crown Company, 3220z5,; Waiotahi Company, 2G6ozs. :jdwt3.; Moanataiari tribute—English, loz. Cdwts. AcßtJßNiA.—The monthly cleaning up and retorting for this company took place today, and produced the return of SSozsv lldwts. of melted gold. New Golden Crown. — The usual monthly cleaning up and retorting for this company took place to-day, and produced the .excellent return of 3220z5. of melted gold. This is the result of only four weeks crushing, during which time about 300 tons of general stuff were put through the battery. The return would have been larger, but for the fact'that during a portion of the time only a, part of the stampers could- be worked. The mine is still looking well, and apparently there is an inexhaustible supply of quartz of equal quality to the above.

Waiotahi.—The monthly cleaning up and retorting for this company took place today, ami produced the excellent return of 2660z5. 3d\vt3. of melted gold. This return is the produce of 220 tons of general stuff obtained from all parts of the mine. New Claim.—To-day Messrs. Stodart and Comer have pegged out a large area of •n-onitd on the flat upon wh'ich Grahamstown is built. The area extends from Albertstreet to the boundary of the Southern Cross Company's ground. On the shore side it touches the boundaries of the Prince Imperial, Waiotahi, Golden Crown, and Southern Cross mines. Seaward, the boundary is along, the Beach Road. A small block of vacant ground between the Southern Cross and Kuranuihas also been pegged off in conjunction with this. A gentleman who has just returned from a visit to the Waihi claims reports that the proprietors of the Martha claim are taking out better quartz thnu any yet obtained hi the district from the low level. The prospects are said to have improved greatly since Saturday last. MOANATAIARI GOLD-MINING COMPANY. The annual meeting of the Moanataiari Gold-mining Company -was held yesterday at the company's oiiice, Shortland-street. There was a small attendance, and Mr. C. J. Stone, Chairman of Directors, presided. The minutes of last meeting were read and confirmed, after which the secretary read the directors' report and balance-sheet, and the mine manager's report. The Chairman, in moving the adoption of the report and balance-sheet, referred to the varied fortunes of goldfields shareholders. They had, however, been in a worse position than their present one, for at one time they had an overdraft of over £5000. Since then they, formed .a-reserve fund, which bad stood them in good stead. He then referred to the operations now in progress, speaking hopefully of tho future prospects of the company. The report and balance-sheet were adopted, and the retiring directors, Messrs. C. J. Stone and R. Keals, were reelected. Messrs. Eraser and "Waymouth were re-elected auditors. This concluded the business. Success (Coromandel). —A telegram was received at the Company's office, yesterday, from the mine manager, to the following effect : —"Parcel of gold by steamer. The reef looks welltbis morning.—Peter Reic."