PROSPECTING IN THE KAIMANAWA RANGES.

New Zealand Herald, Volume XXXIV, Issue 10384, 8 March 1897, Page 6

PROSPECTING IN THE KAIMANAWA RANGES.

[3r TEKGBAFH.— OWN COBBESPOSDEST.] ,;.'►,, ,', Taopo, Saturday, nhere has been a good deal of prospecting going on in the Kaimanawa rauges for BOQ6 time pasb with a fair measure of sueces Stone and prospects are freely met wiih Jlo3b of the land belongs to the naiivos, who are inclined to be unwilling to allow prospectors there unless a large share of the finds is promised. Still those interested are very hopeful of ample reward in due time, tast week two prospectors weit up, and this week another two retuned, bub are reticent on the subject.

HAURAKI G.M. CO.

£3990 FROM 300 TONS.

Eurinu the past four weeks the Eauraki Goli Mining Company crushed and treated aootons for a return of 13300z 4dwts, valued at £3990 4s. Last month 350 tons yielded £336. There has therefore been a decided im|r° vemen *v

W3AKAMARAMA GOLD SYNDICATE LIMITED. A meeting of shareholders in the above was held on Saturday at the office "of Mr. M. A. Philips. Mr. E. B. Duhiur presiding. The directors' report and balance-sheet for thi half-year were presented and adopted. Tto former showed that the syndicate held very extensive options, in large blocks, at Whaugamata, Hikutaia, aud Wharekawa, atd that steps would be taken at an early date to have some of them systematically ptoapueted on behalf of English syndicates. KOMATA HEEFS EXTENDED. A meeting of members of the Komata Rjefs Syndicate was held on Saturday forenion at the office of Messrs. Whitaker aud Bume, Herald Buildings, for the purpose ol considering the future operations of the eradicate. Mr. A. Whitaker was voted to tie chair, aud after some discussion, it was decided to accept the offer of Mr. Oecil Bartridge to carry on the development of tie syndicate's property for a period of six months. This practically amounts to the panting of an option,

THE NEW ZEALAND CROWN MINES. The IV Koa has arrived with more maclinery for these iniues, being a singlecjlinder pumping enyiue, 14 by 30 inches, to d ; ive the pump 10 strokes per minute, and fiited with a flywheel 11 feet in diameter, weighing nearly three tons, also one pair of Ink-motion geared hoisting engines, cylinders lij by 15 inches, with two drums 59 inches in dsimoter and 4 feot on face. All these parts will be forwarded at once to the Crown Mines, and will be fitted into their places prior to the arriyal of the Mamari, which is biingiiiE an air compresser for compressing tie air into the receiver, from which jt will be conveyed to the pumping and winding etgiues above described, aud also to the rcck-drills which will be used in the near future throughout the mines.

GENERAL MINING ITEMS. The attention of the Chamber of Mines has been drawn to the questionable practice indilged in by certain shareholders wlio allow tteir shares to be forfeited for calls, and biying in again at a low price when such slures are put up to auction. The matter is :o receive consideration. Mr. Waddell. who is reported to have foind a rich reef in the Urewera country, inteiviewed the Hon. J. A. Cadman (prior to the latter leaviug for the Thames) in reference to securing the right a3 soon as possible to devdop the same. The general locality of the fir.d is in the range near the Waiohau Iα bksk. Mr. D. G. MacDonnoll, on Saturday, received the following :-Juno breaking down reif last nigh obtained 51b specimons from leuling stope. . Matters iu connection with the option ot tie Grace Darling have been allowed _to stind over pending the receipt of information from London. A sale of forfeited shares in the Darwin Geld Mining Company is advertised for Miroh.l2. Au extraordinary meeting of the at. Patrick Gold Mining Compauy will be held to<lay. &. special general meeting of the Golden Lbn Gold Miniug' Company is called for M'irch 17.

MINE MANAGERS' REPORTS. Nellie (Whaugamata, March 5). -Crosscut No, 2: Total distauce driven, 120 feet. The country I am passing through is much the same as last reported; very heavy, mineralised, and, if auything, harder: water still continues to show in the face, and from the general surroundings a reef may be cut at any time/ No. 1 crosscut: The country in this drive has improved the last few feet, and is making very hrm, and looks well for carrying a reef. Inca (Wbangamata).—The drive on the main reef is in a total of 50 feet from the startiug point, The reef is fully five feet wide, and looks more like the Luck at Last reef than anything I have seen here yet. The quartz is of a sugary nature, interlaced with silica veins, a good indication for gold. The eastern or No. 2 crosscut: The country is of a good sannstoue description, but broken, which necessitates timbering. Great Northern (Waihi). - Driving through the reef: It is a solid body of stone 6lt wide, with well-defined walls, and where broken through on one side of the level shows splendid broivn sandstono country ahead. This country sandstone cannot be surpassed, and having but two defined bodies of stone since entering it clearly proves we are in a reef-bearing strata. Ccvieb Light (Coromaudel, B'obruary 28). Low level No*. 1 leader, going south : The country is hard and bad for ehooting, but continues favourable for gold; a little gold showing in the stone. No. 2 leader: A small leader was out on Friday last, so that I think tho No. 3 is close on hand. The country here is looking well and every indication that cs.u bo desired. Waipuko (Thames, February 27).—N0. 9 reef.—Tb.e country contiuues to bo of a very favourable nature, while the quartz is of a very taking appearance. The reef at present is five feet m width. No. 3 reef: I havo just cut this reef, after driving a distance of 37 feet. I am unable to say what the reef is like yet, but it appears to be very much broken up. City of Auckland (Thames, March I).— Rise from the Little Agnes low level to surface : I think in two or three days time we will have the riee through to the surface. Low level tuunel; We are near to the place where wo should out a reef in this drive. Hadraki Associated (Coromaudel, March 4).—The drive on footwall lead, Smithy level: There is a lead four inches thick crossing the face; it is dipping east and is well mineralised. The low level: The country is "ettiug tighter, and is well mineralised. Mata Reefs (Thames, March 3).-In going over the old workiuga, I discovered that by means of an old drive there, I can cut, in about 30 feet of driving, a reef, which at the outcrop is two feet wide, running uorth-cast aud south-west, and having the appearance of a strong, healthy lode. Have commenced to drive; the country being passed through is good class ot highlymineralised sandstone. MabCO Polo (Whangamata). — Crosscut for the intersection of the Uold water reef: A chiuyo for the better; the country still continues to be inter 3 ixetl with a considerable amount of auartz. The reef ought to be at hand at anytime now. Kino of Whangamata (Whangamata).— The crosscut: The country now being passed through consists of rich blue sandstone intermixed with mineral veins, and is better than any yet met with since starting the crosscut. Herald (Whangamata). — The tunnel: The reef should be in hand in another 7 feet of driving, which will be some time next next week. Albdrnia East (Thames).—North drive : The country is coming in very favourable, and the lode, which is now nine inches wide aud .shows signs of still further improvement! No. 1 or leading stope : The quartz previously stripped has been broken down. At this point the reef has widened out considerably, being between fovo aud three feet wide. Between five and six pounds of failpicked stone has been selected from the quartz broken down. Stripping the reef from the rise north and south is being carried ou. Wealth of Nations (Karangahake, March s).—Eastern trench has been extended a further distance of two chains. The western trench: A few quartz stringers have been cut. . . .

AUCKLAND SHAREMARKET. The market closed somewhat quietly on Saturday, the chief feature being the rise in Waihi-Silvertons and lonas. lit the former there were sales at 24s 3d, with still buyers at 245, and in tho latter 10d was offered and no sellers. Kuranui-Caledonians were exchanged at os; ftew Whaus at GM and Victorias at 3s 3d, with firm buyers'. HauraUi Norths (paidup) brought is 9d, and Welcome Finds 2s 2d,

ASSOCIATED STOCK AND MINING BROKERS.

The following sales were recorded on Saturday by the above •—Victoria, 3s 3d; Bunker's Hill, 3a 9d, 3s'lid; Hauraki North (contributing), 3s Id; Hauraki North (paid:up), J-, 8d: Wynyardton, 2Jd, 3d; Aotea. 4d, 4Jd, wi, 7d; loim, lid, Iβ; Juno, 6d; Teutonic, 4d; Mount Argentwn, ,9d.