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THE GOLDFIELDS.

*- Daewin.— The following, dated 6th instant, lias been received from the mine manager:—Since my last fortnightly report of the 29th ultimo, the main shaft has been sunk 14 feet, the total depth from the brace.being 148 feet, last Saturday morning the 12 o'clock shift struck a reef, which proved, when cut through, to be a well defined body of quartz, about 2 feet 6 inches thick, showing strong blotches of coarse gold right through the reef from hangingwall and footwall, of which I immediately informed the manager, by urgent wire. The quartz is of a good description, and besides showing strong gold, carries first-class mineral and other favourable indications, the usual concomitants of;a good goldbearing reef. The hangingwall is good easy working country; the footwall a nice white sandstone, interlaced with black mineral veins. The cutting of tie reef has made no perceptible increase ia the water. I have 12 feet still to sink for a ten-feet well hole. After this is done, which should not take more than a week, I intend to open out a chamber, and then to commence to drive on the reef. It is quite clear that the time has come for supplying the claim with machinery for hauling to the surface, and as the engine and gear lately used by the New Prince Imperial is available, J. would recommend its purchase, which the prospects of the mine now warrant.

Hero (Te Aroha). —Mr. P. Ferguson writes under date sth instant:—The men see gold every day, and will have a few tons crushed the first opportunity, which I am satisfied will turn out well, and give satisfaction to the shareholders.

Last Find (Te Areba).— The work of prospecting is being pursued with vigour, and Mr. P. Ferguson writes on the sth instant that the man who found gold in the claim has been away from Waiorongomai. He hopes to make arrangements with him when lie returns to put the company on gold, as he is expected shortly.

[by telegbaph.—own cobbespondent.] Thames, Tuesday evening. Shakemabket.—Hand of Friendship, 3s sd, buyers 33 4d ; Darwin, sellers, 3s 6d ; Ivanhoe, 2s 4d; Premier, sellers 15s; New Find, sellers, 8s 9d; Colonist, sellers Bs, buyers 7s 6d; Waiorongomai, sellers Is 4d. Seymoub.—Mr. Burch has been appointed manager.

Imperial. — Crushing commenced this afternoon, and everything worked well. The tracks now hold two-thirds instead of a quarter of a ton. The men are in full swing also. De»p Level Cross.—No change at 640 feet level. The face is sweating a little. Tenders are invited for sinking the winze about 175 feet to the 640 feet level. It is down about 45 feet, and dabs of gold were seen to-day. f Caledonian,—Some of the men are engaged cleaning out No. 1 level. The rest are in the stopes. The contractors at the No. 2 level are making excellent progress. Reijben Pabb.—The manager, after steering" through heart-breaking country for many -months, and reaching a sandstone formation, has resigned. All hands have been discharged, but it is probable that a contract for driving will be let. I should not be surprised if a little prospecting would see to hand that for which Dryden persistently struggled, and the shareholders paid several calls to obtain. The Dauntless lode which paid well on an upper level, should not be far distant. Baubaki (Karangahuke).—3oo tons of quartz yielded 106 ounces gold, at 47s 3d per ounc'B. Ivanhoe (Karangahake). — Four tonß yielded S ounces gold at 57s lOd.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18831010.2.29

Bibliographic details

New Zealand Herald, Volume XX, Issue 6832, 10 October 1883, Page 5

Word Count
580

THE GOLDFIELDS. New Zealand Herald, Volume XX, Issue 6832, 10 October 1883, Page 5

THE GOLDFIELDS. New Zealand Herald, Volume XX, Issue 6832, 10 October 1883, Page 5