THE GOLDMELDS.

New Zealand Herald, Volume XL, Issue 12328, 21 July 1903, Page 6

THE GOLDMELDS.

ALBURNIA-MOANATAIARI AMAL-

GAMATION.

AN IMPORTANT PURCHASE. The Moanataiari mine at the Thames has been purchased by Mr. H. H. Adams, on behalf of the New Alburnia Gold Mining Company, ' from the May Queen-Moana-taiari Syndicate, who bought the property at auction some months ago. The purchase, which means the amalgamation of the Alburnia and Moanataiari properties, is an important one, removing, as it does, the difficulty hitherto existing in connection with the extension of the Moanataiari tunnel. It will be remembered that Mr. Adams applied to the Thames Warden's Court for leave to continue the Moanataiari tunnel to a point beneath the Alburnia shaft, a distance of about 2500 ft. The application was objected to by the owners of the Moanataiari and " Kura-nui-Caledonian properties, -joint owners thereof, chiefly on i, the grounds that their interests were likely to bo prejudiced. The Warden adjourned the hearing of the application until to-day, to allow of the objectors furnishing Mr. Adams with the conditions under which they were prepared to giant the use of the tunnel, but the purchase having been completed, the matter will not need to be dealt with in the Court. Mr. Adams' scheme in connection with the extension of the Moanataiari tunnel will be proceeded with in due course. It will enable the Alburnia mine to be developed 600 ft deeper than any previous working on the property, and is also expected to prove beneficial to adjacent mines. Mr. Adams holds an option lor the purchase of the Moanataiari battery from Messrs,; Price Bros., so that the New Alburnia Company have considerably added to the value of their property. The price paid by Mr. Adams for the Moanataiari mine is not disclosed, but it is understood that the selling syndicate retain an interest in the shape of vendors' shares. , : ~» l

MARATOTO G.M. CO. In the Maratoto Gold Mining Company's mine the rails have been laid in No. 5 level on the Maratoto reef and the drive has been squared up. No further breakingdown of sulphide ore has taken place. An early start is to be made investigating the lode in the rise, where it is still very wet. During this week assays will be taken from the Maratoto reef at No. 5 level. KAPOWAI G.M. CO.

The slopes in the Kapowai Gold Mining Company's mine at Gumtown are still yielding* good ore. Operations are being commenced upon a new and promisinglooking block." At the battery; there are I7Boz of amalgam on hand, which will retort a fourth gold.

MAY QUEEN EXTENDED G.M. CO. In the May Queen Extended Gold Mining Company's mine the two branches of Toe lode "in the drive have come together, and form an ore body 15in wide. A few strong colours of gold* were seen on breaking down the quartz. Gold is also seen in*Nos. 3 and 4 stones, the ore in the latter being of better quality than any secured for some time. Samples of the stone can be seen at the company's local office.

DIAMOND DRILL CORES. - [BY ■ TELEGRAPH."— - COKRESI'OXBEST.] Wauii. Monday.

The Waihi School of Mines has latelyreceived a number of diamond drill -ores from West Australia, the gift of the Goldfields Diamond Drilling Company, of Kalgoorlie. The speciments include samples of cores from several Kalgoorlie mines, from .Barley's United, at Coolgardie, and from the" Northampton copper mine. The cores in all cases are bored through hard compact rock, in most cases a diorite. Samples of the soft steel crowns which are armed with the diamonds used in boring have been presented by the local representatives of the Goldfields Diamond Drilling Company now engaged in boring at the Grand Junction mine.

THAMES SCHOOL OF MIXES. [by telegraph.— CORRESPONDENT.] Thames, Monday. The monthly meeting of the Thames School of Mines Council was held this evening. Mr. W. Baker presiding. An application from TV. D. Tilsley for a refund of £3 10s incurred as extra charges in connection with the treatment of a trial parcel of ore at the experimental plant was referred to the director to report upon. The matter of appointing a joint electrical instructor for the Thames and Waihi Schools of Mines was deferred until next meeting. The outgoing visiting committee recommended the purchase of several utensils required in the school, and also certain repairs to the building, which were agreed to. The director (Mr. Gore Adams) in his report, stated that the new optical lantern and accessories ordered on behalf of the school had arrived from London, but that some time would be reouired in making the slides for the same. Ho recommended the council to take steps as soon as possible I for arranging that the Mines Department should hold examinations in.':'electricity at" the same time- as the annual examinations on -other subjects take place, and he suggested that perhaps arrangements could be made-with the Canterbury College to provide the required examiners. The report. ; was received and adopted, the secretary • being instructed to write requesting the dlines Department to grant the exaiuina- i tion in electricity ns recommended by the , director. Messrs, Baker and Lowe were : appointed as the "Visiting Committee for the ensuing, month. - SOUTHERN MIXING. [BY TELEGRAPH.PRESS ASSOCIATION-.] GREYMornr. Monday. ■Dredging returns :•• North Bench (104 hours), 320z lSdwt; Blaekwater River (128 hours), 31oz odwt; Leviathan (one week). 14oz , ; 10dwt;i' Commissioner's Flat (65 hours). 12oz ldwt.

i Dredging returns.- Blackwater Lagoons : (120 hours), -376z; Nelson Creek (one week), 220z lOdvrt; Kohinoor (94 hours). 21oz 12dwt; Totara Plat (128 hours), 21oz Idwt; Shellback ■ (120 hours), 14oz Bdwt; Maori; King (one week), lOoz Idwt; Greenstone Junction (one week), Boz 15dwt. 5 ; Ditnedin, Monday. : During the week ended to-day returns were reported i from 25 i dredges, the total yield being 5910z: 6d\vt 14?r, or an average- of 230z per dredge. Additional returns: Upper Waipori, 270z ; Earnscleugh 1., 220z sdVt; Success, 20oz: Rise and Shine, 15oz ldwt,: Reliance, 15oz: Enfield, 12oz. West Coast: Notown, 730z; Nelson Creek, 220z.