THE GOLDFIELDS.

New Zealand Herald, Volume XXVIII, Issue 8581, 1 June 1891, Page 5

THE GOLDFIELDS.

[FROM OUR OWN COmiKSrOSDEST.I Thames, Saturday, Dives.—The prospecting drive upon the main flinty at No. 3 level has been advanced a distance of 500 feet, and another 100 feet of driving should see the Duke reef to hand. . ■ There has been a great improvement in the ■ country penetrated of late, it now being ,of 'a most congenial cltfSs of sandstone, both favourable for gold and for speedy progress. •• Magnolia.—During.*' the past week the drive upon No. 2 reef at the low level lias been at a standstill, in order that the full staff of men employed in the mine might be utilised in breaking out quartz ( from the slopes for the crushing which is expected to be started at the Cambria" battery this .evening. There are four stopes under way now from the western end of the winze, the block opened up at this end being about' 60 feet in' length, and the reef averages fully : 12 inches in thickness. Very little picked jftlSbstone; has. j been saved fj of v late,; but the . ( general dirt has shown gold moro freely than was the case ac the previous crushing. ' Operations in tho drive will be commenced again on Monday morning. LBV TELEGRAPH.— CORRESPONDENT.J * V f „' . Thames, Saturday. Share market. —Consols, seller# Is 4d ; "i'";..- Hazelbank (Is 6d paid up), sellers 3s; Moanataiairi, sellers 7s Cd; Norfolk, sellers Is sd; Saxon, sellers 3s Gd. Au - ■ May Queen. quartz was broken at }<o. 2 level' to-day, operations being con- /;■ fined to stripping the reef. ; ' *v North Star.—Five tenders were revived to-day for driving on the cross-cut •. -■ in this mine, the prices being as follows :— Adams, £1 per foot; J. George, IDs t , ICW; C. Kidd, ISs; E. Twohill, :18s ; T. r " Boyle, 17s 9d. The latter tender was acj ' -fe|)t€'J. . REPORTED NEW FIND. 1 I ~': i ... . Paeroa, Saturday, , • ■ A new find is reported at the head waters ; w the Komata Creek. THE PUHIPUHI SILVER FIELD. • _ Whaxgarei, Saturday. 'Mr. George Peel, manager of tho pros- ' pectors' battery, reports that during the : *'eek he was only able,to treat 10 tons of we, owing to the numerous delays caused ! is • by the new machinery. , The amount of hot J 1 squeezed amalgam from the 10 tons is _ *-15ozj which; Mr. Peel expects will yield ■, ■ One-third that weight in silver. Next week , ; .J® will be able to treat 30 tons, and the following week 50 tons. The amalgam to p nc l shows an average of 40oz silver per ton.- This was the yield anticipated. ■ A . Try Flore (Kuaotunu). The mine] t1 ' ®anajfer -telegraphed on Saturday 212 ; : -onsof o:o ; 130oz of gold. : WEST COAST MINES. |!v tw TKI.KBR^PJI,—PRESS ASSOCIATION.! | ;* , Reeston, Saturday. " L -The following aro the gold returns for I ■ ',® week: ~ Progress, 35Qoz amalgam, I •" u P ! Globe, 2950z amalgam from I " wi. ,8' cleaning up ;* Dark, 106oz amal- ; ■ IK? tons, top plates '< No. 2 Dark; JWJ2 amalgam from 86 tons, top plates; I ~e r» 3610z amalgam from 75 tons;! lifegfeki ' 77002 amalgam from 1 125 tons, leaning up, .