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TEE GOLDFIELDS.

Mr. R. McDonald Scott . received the following telegrams yesterday from the Thames: —Cambria: "170 pounds specimens from intermediate drive; gold showing." Darwin: " Will keep battery going full time from today."

Queen of Beauty.—The manager re* ports :We are still making very satisfactory progress with sinking the shaft, and 6 feet being accomplished during the week, making now a total of 78 feet below No. 10 level. We are now sinking for the opening set of timber for the chamber, and if all goes well, 1 hope to have it in position at the end of this week or early in the next. Two pipes have again been put on thit week; these will carry us down for the level, but whether they will give us quite well-hole enough, I am not as yet in a position to say. However, this will be of very little- consequence, as I can easily sink a few feet at any time if required. The country is still good, being, I should think, a first-class sandstone to carry a good reef. The machinery still continues to work well, keeping the water down with perfect ease.

[BY TELEGRAPH.—OWN correspondent.] Thambs, Wednesday evening. Sharemarkkt. — Cambria, 12«, 12» 6J, 12«, sellers 12s 6d ; Cross, sellers, Is 8d; Moanataiari, Extended,, Is, sellers Is 9d, buyers Is 7d ; Imperial, sellers 15s ; Caledonia, 4s 10d, buyers 4s; Queen of Beauty, buyers la 3d ; Ivanhoe 4s.

Cambria.—l7lbs. specimens were ob - tained from, the intermediate drive to-day. There is a fair show of- gold in the floor and aome distance tip also, : some dabs in tho roof. fh'^hjYnem vein is nine inches to a. foot, and heavily charged. _ ' 3 Dabt.— tender for crashing quartz to Ball's battery at 2s 7d a load has been ac« . cepted. The cross-cut is in thirty-two feet, > and is at present passing through a bar of hard sandstone. / Golden Crown.—The shaft was started in the Mary Ann section to-day. SOUTHERN MINING. A Hokitika paper says that at the new . Sandy Gully rash two loads of dirt yielded between 3dwtß. and 4dwts. of gold. Thirty claims are pegged out. ' A small rush (says the Rokitika . Times) took place at ground between* the Hau Hau ' and Blue Spur. There iB, so far, not reason to believe that the discovery will prove more than a patch. A few miners from Rimu and Kanieri have visited the ground. " 1 Mr. A. flora, Chairman of Directors of the Red Queen Company, reached Hokitika on Monday night, from Mokihinui, bringing in the second cake of gold produced from the mine. The gold was lodged r.t the Bank of New Zealand, and its weight 1 was made pablio, viz, 1410z3. lldwts. . This is from ' the plates only, and is the result of the , crushing of 97 tons of quartz. The yield it ; looked upon as an improvement upon tho first scraping. None of the rich run of stone lately struck has yet been crushed. Operations at the Inkerman mine and /■ batter; during the past few weeks have.! tended greatly to enhance the value of the property. The reef that has been operated upon for that time has maintained a width . of fully 45 feet, the.returns from the battery , showing that an average yield of about , Bdwta. of gold per ton was being obtained.' A few months of similar satisfactory results _ will place the company in a very healthy . financial position,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18850108.2.32

Bibliographic details

New Zealand Herald, Volume XXII, Issue 7220, 8 January 1885, Page 5

Word Count
567

TEE GOLDFIELDS. New Zealand Herald, Volume XXII, Issue 7220, 8 January 1885, Page 5

TEE GOLDFIELDS. New Zealand Herald, Volume XXII, Issue 7220, 8 January 1885, Page 5

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