THE GOLDFIELDS.

New Zealand Herald, Volume XL, Issue 12256, 28 April 1903, Page 6

THE GOLDFIELDS.

BUNKER'S HILL G.M. CO. The manager of the Bunker's Hill Gold Mining Company telegraphed yesterday that 101b of picked stone had been secured in No. 8 stope. Reporting under date of 25th inst., the manager states that No. 7 stope has been advanced to within 14ft of the end of the ground, and the reef is making stronger, and still keeps up its favourable appearance. It has contributed its part of the week's output of picked stone. In foot wall of this stope a leader has been met with in which a little gold has been seen. Like the one in the hangingwall it will receive attention when the company are in a position to deal more expeditiously with the ground broken. The reef in No. 8 stope will measure Ift in thickness, and looks very well. Altogether during the week 501b of picked stone have been secured from these stopes. The country encasing the reef is of a like favourable character to that reported last week. Work is also being done on the northern boundary, where some ground was left in, awaiting close survey. This has been made, and the remainder is being blocked out. Nice gold has been seen in the quartz broken, and the reef will measure 15in in thickness. The work of connecting the No. 2 level with that of the intermediate is making fair progress. A small leader intersected here has shown colours of gold. A boat is expected daily to convey this quartz to the mill for treatment. There is on hand, and will be forwarded. 40 loads of general ore and 2571b of picked stone. The water has been lowered 6ft during the week, and the machinery is working well. MAY QUEEN EXTENDED G.M. CO. In the May Queen Extended Gold Mining Company's mine the reef in No. 4 stope west is about lOin wide, and when breaking down a few colours of gold were seen. In No. 5 stope west the reef is a compact body of ore, averaging 2ft in width, and carrying excellent mineral indications. A favourable change has taken place in the country. In No. 4 stope east the reef is Ift wide, and showed colours of gold when broken down. In No. 2 stope east the reef averages 2ft in width, and when Irok-.n down strong colours of gold were seen. A few nice dabs of gold are also seen In i.'je ore broken from the leading stopes in the hangingwall portion of the reef. MARATOTO G.M. CO. The rise on the Maratoto reef at No. 5 level in the Maratoto Gold Mining Company's mine is up 37ft 9in. Water in great quantity still pours down the rise, and has all but drained the winze at No. 4 level. In consequence the work of sinking the winze is expected to be resumed in a day or two. In the Payrock section more work has been done on the new reef. The sulphide ore is still to be seen in the face, and the quartz is somewhat hard. SOUTHERN MINING. [BY TELEGRAPH. —PKESS ASSOCIATION.] Ditnedin, Monday. Stock Exchange sales: Davis' Bend (contributing), Is premium; Electric, 40s ; First Chance, 225; Golden River, 2s 6d; Grand Junction, 14s, 14s 6d; Junction Electric. 15s: Lady Roxburgh, 6s 9d, 7s discount; Mokoia (ordinary), 19s; New Bendigo, 3s; Sailor's Bend,' 30s 6d. Gr.ETiiOTj'rn. Monday. Dredging returns : Mokoia, 920z ; Nelson Creek. 320z; Feddersen's, 31oz 14dwt; Greenstone Three-mile. 270z lldwt: Shellback, 20oz Idwt; Erickson's, 18oz 12dwt; | Greenstone Junction, 16oz 19dwt; Trafal- \ gar, 12oz: Reeves' Proprietary, 9oz 4dwt; New Garibaldi, 7oz 12dwt.