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THE GOLDFIELDS.

OFFER FOR A MINING PROPERTY.

EXPECTED SALE.

[by TELEGRAPH.OWN CORRESPONDENT.] Thames, Wednesday. The owners of the Thames Mining and Prospecting Association's special claim received a cable from Sydney ■ on Tuesday evening, making an offer for the claim. This morning a cable was sent to Sydney accepting the offer, and it is confidently expected that the bargain will be closcd. The claim comprises 78 acres, and was granted to Mr. Thomas Crawford during V\ ardon Stratford's term >of office. Its is situated between the Waiofcahi and Karaka Creeks, and includes the late Moanatairi Extended and Maldon leases, together with additional ground. The terms have not yet been made known.

We understand that the mining expertjfor the aihi Gold Mining Company is expected to arrive in Auckland by the m«il steamer Mariposa, due on the 20th insb.

Dr. Schiedler, the expert who was expected to arrive by the Rotomahana in connection with the Newbery-Vautin method of gold extraction, was prevented by other engagements from coming on to Auckland, but a cable message has been received from him by the New Zealand Gold Extraction Company announcing that he will leave Sydney by the mail steamer Alameda, which is due in Auckland on Monday next. Mr. J. Ralph, manager of the Paroquet mine, Waiomo, who, wioh Mr. J. Buchanan, one of the directors of the company, has been to Sydney in connection with a proposal to sell the mine to an Australian syndicate, returned yesterday by the s.s. Rotomahana, but nothing has been allowed to transpire regarding the negotiations, further than that they ate not yet completed. . '. .i.

MINE MANAGERS' REPORTS.

Cambria.—The mine manager reports that the reef in the winze in the intermediate level east was broken, down yesterday. There is still good mineral through the hanging portion of the reef, and colours of gold were seen through the quartz. Saxon. —Tne drive at No. 5 Level is now in 131 feet from shaft; the reef, which is a nice solid body of stone six inches thick, was broken down_ to-day, showing colours of gold, and on picking over the quartz after the telegram was sent, a few picked stone were selected from the general dirt. The leading stope on footwall portion of main reef at No. 3 Level has been advanced 9 feet, and to-day a parcel of 151b of picked stone (wired) was obtained. This part of the reel is 12 inches thick. The second stope has been advanced 7 feet, and the third stope 8 feet; in each the reef is 10 inches. wide, showing gold and good mineral. In the drive on this portion, which is now being taken in independent of the hangingwall portion, the reef is, ten inches thick, and the face is about 125 feet from Trenton boundary. In the crosscut for No. 1 footwall leader, the country is still very tight, but otherwise good for gold, and the leader is close to hand. The drive on hangingwall portion of main reef has been extended eight feet, and the reef is about 18 inches thick, showing colours of gold. Two stopes are in progress over this part; the reef in each is 18 inches thick, and of the same description. The two stopes on No. 1 footwall leader have been advanced 7or 8 feet; the lead is from 4 to 6 inches thick, and still shows good colours of gold. The fourth stope on hangingwall reef from No. 4 Level is within 20 feet of Trenton boundary, and; fifth stope 35 feet. This reef is about 1 foot thick, and shows colours of gold. On footwall reef the seventh stope is up to boundary, eighth stope is 157 feet, and ninth stope 120 feet in from rise ; the reef is 12 inches thick, and shows a little gold. Amalgam on hana to date is 1940z. lOdwt. The crushing is improving again. New Alecrnia.— work in the mine carried on on Company's account is progressing favourably. The stopes on the eastern side of the crosscut have been extended fully 15 feet since my last, but the junction of this leader and the Success reef has not yet been met with. This is owing to the leader bearing off a little more to the northward. It will, therefore,' be necessary to carry the stopes farther ahead yet to reach the junction. The leader at this end is not more than 6 inches in thickness ■ at present, but showing gold at every breaking-down. There are ID loads of quartz and 201b3 picked stone on hand, which will be forwarded to the battery for treatment early next week. Tributers : Irving and party banked COlbs of fair picked stone on Friday, for safe keeping till they start crushing. They have about 20 loads of general quartz on hand. Jobe and party have on hand 301bs of picked stone and 18 loads of general quartz, and these two parties will forward their quartz to the battery this week. Christie and party have given up their tribute. All the other parties are working on payable quartz. Gem.—l commenced crushing with 10 stamps to-day, and so far the show is quite equal to the last crushing, and I believe before we clean up the average will be better than the last. There are about 20 tons in the battery to start on, and I hope to keen the stamps going for some time, in fact, if the quality and quantity of the output continues, I. will be able to continue crushing indefinitely. The mine is looking well. We have gold for a distance of 100 feet on the line of the leader, and as we get more into the hill the gold seems to strengthen ; a few pieces of stone broken out on Saturday from the face were superior to anything we have yet had. I have now two shifts in the face. • The country came in a little hard during last week, but that is now changed. Our several stopes are advancing towards the face, and good payable stone is being; obtained. New Manuka —The No. 5 lode in the stope is still turning out payable dirt. Mulligan's leader, the extending or opening up block east of winze is progressing well, having started to rise up on break to connect same with the stopes. No. 3 level: The Waiotahi Company is driving on two small leaders in the hangingwall of Mulligan's leader, near the western boundary of Crown section. They look well for gold, but none has been seen. But I think they will be payable ones to work when opened up.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18880712.2.35

Bibliographic details

New Zealand Herald, Volume XXV, Issue 9104, 12 July 1888, Page 5

Word Count
1,101

THE GOLDFIELDS. New Zealand Herald, Volume XXV, Issue 9104, 12 July 1888, Page 5

THE GOLDFIELDS. New Zealand Herald, Volume XXV, Issue 9104, 12 July 1888, Page 5