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THE GOLDFIELDS.

[BY telegraph.—own correspondent.] THAMES, Thursday. Pride of Karaka. —Owing to a somewhat tight class of country having 1 beon met with in this company's new crosscut, a slight delay has occurred in its extension, as the contractors asked for an increase in the price they wore getting for driving the same. The directors have granted this concession, and the contractors resumed work again yesterday. The crosscut is now in a distance of about 30 feet. Quarterly Gold Return's.—The fallowing return shows the quantity of gold obtained in the Borough and County of Thames for the quarter ended 3lst March : —Thame." Borough, 19580zs 3dwts ; Thames County, 40930zs lOdwts: total, fiOalozs 13dvvt. This is a falling off of 9780z 19dwb on the return for the corresponding quarter of last year, when the total tor the two districts mentioned reached 70300z lL'dwb. MoANATAUtti.— The quartz won during the past week from the footwall branches of the Golden Age reef in the stopes above Point Russell level has been of very fair grade, and a few pounds of picked atone have also been obtained. Jones' leader above the ITO feet level has nob shaped extra well this week, but nevertheless colours of gold have been seen in the quartz broken from it. Good progress is being made with the cleaning out and repairing of the old 150-feeb level, and Mr. Clark hopes soon bo have this work completed, and prospecting works started instead. The company's usual monthly cleaning up and retorting will take place on Saturday. THE WAIHI : A GOOD RECORD. The present mill at the Waihi mine started crushing ore in March, 1890, and the following are the yearly returns in bullion since that date :— From March to the end of 1890 ... £20,930 For the year .1891 23,934 „ „'„ 1892 44,888 „ „ „ 1893 61,900 The above figures represent what the bullion actually realised in London in cash, It is anticipated that during the current year there will be a further substantial increase in the return from the mine.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18940427.2.38

Bibliographic details

New Zealand Herald, Volume XXXI, Issue 9496, 27 April 1894, Page 5

Word Count
335

THE GOLDFIELDS. New Zealand Herald, Volume XXXI, Issue 9496, 27 April 1894, Page 5

THE GOLDFIELDS. New Zealand Herald, Volume XXXI, Issue 9496, 27 April 1894, Page 5

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