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THE GOLDFIELDS.

(ey telegraph—own corrkspondbnt,] Thames, Thursday evening. Sharemarket.—Cambria, sellers 10a, buyers 9s ; Manukau, sellers Is Id, buyers, 1«; Alburnia, sellers 2s and 2s Id, buyers 2s; Saxon, sellers Is. Saxon.—2olb picked stone were obtained from the hangingwall leader. Albdrnia.—2olb picked stone were ob« tained from the rise on the leader in the hangingwall of the Sons of Freedom reef. Caledonian.—The manager is now convinced that the hangiogingwall lode in the winze is the hangingwall branch of No. 1 reef. It is three feet wide, and contains excellent mineral. In Balkan's section a crosscut is being cleaned for ventilation, and to get at the hangingwall of No. 1 reef, where Captain James worked with payable results. The crushing is shaping better than half an ounce. Trenton.—lnstructions have been sent to Mr. Coutts, supervisor of the claim, to call for sinking the shaft 200 feet, more or less, as soon as the works on the braoe of the shaft and engine and gear are all completed. SOUTHERN MINING. Alpine.—Returns from 184 tons, 3360z amalgam from the plates. The Wallsend shaft was sunk 16 feet last week, and coal may now be expected to be struck at any time. The richest of the many rich pieces of quartz exhibited in Westport is now (says the Westport Times) in possession of Mr. Borne, the manager of the Great Republic Company. This specimen was picked up in the company's lease at Stoney Creek. It is a pleasure to look at it. Most of the claims on the Owens reefs have already got stone, and it is intended to take a prospect from each for the purpose of making a trial, and sending in a report to Government. The work is nearly completed. A small rush has taken place at Raramea, where several parties have got samples of coarse gold, but it is not extensive enough to cause any stir. The Mokihinui corrospondent of the Westport Times writes :—"There has been quite a stir in alluvial mining here lately. A considerable number of men are prospecting both north and south of the Mokihinui River, and this time one of the parties at least has met with good results. I allude to Twohill and party, who are driving a tunnel on "Gentle Annie" Terrace, north of the river. Last week, after driving about 80 feot, they struck payable wash. The wash is about two feet thick, lying on a slate bottom, and the prospects vary from £-grain to the dish through the wash to J-pennyweigbt on the bottom. They have not driven through the wash yet, so I cannot say what the width of the run will be. There are several claims pegged out, both north and south of the prospectors, and some of the parties are about to drive for the run, but from the position of the ground it will require from 200 feet to 300 feet of driving before the next claim reaches the line of wash. Of course I cannot any whether this will prove to be a run of gold or only a patch until another tunnel or two has been driven to prove it. But if it proved to be a lead of gold, there will be a good few claims, as the terrace runs solid on the same line for a considerable distance. Parties coming here will require to be underground aDd be prepared for double timbering for 200 or 300 feet of tunnel before the line of gold can be reached. This terrace was partly prospected by Currie and party during the early days of the Mokihinui rush."

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18860528.2.44

Bibliographic details

New Zealand Herald, Volume XXIII, Issue 7649, 28 May 1886, Page 6

Word Count
600

THE GOLDFIELDS. New Zealand Herald, Volume XXIII, Issue 7649, 28 May 1886, Page 6

THE GOLDFIELDS. New Zealand Herald, Volume XXIII, Issue 7649, 28 May 1886, Page 6