OUR GOLDFIELDS.

New Zealand Herald, Volume XLI, Issue 12523, 16 March 1904, Page 2 (Supplement)

OUR GOLDFIELDS.

SUMMARY. . v. ''H The total of the gold returns froih the Auckland district to hand since the. publication of, . last HEBAiiD Summary is encouraging, the output for the three weeks amounting to £71,922 14s. This Exceeds the yield for the previous three epics by over £12,000, and is the highest total since the record output of the period ended October 21 last (£76,575 185). ■ - During last month 52,3180z of gold, of the value of £202,294, were exported from ; New Zealand, as compared with 16,238ciz, j of the value of £58,051, during the previous month. The February export was made up as followsDiinediH, 22,3270z, £90,423; j; Aiickknd, 15,99402, £56,026; Greymouth, Ij 94ti0oz, £37,992 ; Hokitika, 194702, £7792 ; .' Nelson, 13430z, £5223; Westpott, 9200z, ; £3680} Wairau, 3070z, £1228. The anility of silver exported ■ from the colony last irionth was 66,4420z, valued at £6721. The VVaihi Gold Mining Company's return for February shows a considerable advance upon, the yield for several previous months, 19,874 tons having given bullion worth £53,26?. • , The Waihi Grand Junction Gold Mining I Company haVe let a contract for the conveyance of about 1000 tons of machinery, etc., from Paeroa to Waihi. Tim plant, as already known, is being removed from Opitonui. The sinking of the main shaft is proceeding very satisfactorily, and a depth of about 700 ft below the. collar has now been attained. The Nos. 2 and 3 levels ate also being extended as usual, the . face of the former being' carried along the apex of the lode. In the latter a very nice channel of country is being penetrated. Crushing operations haVe been resumed at the Waitekauri Gold Mining Company's mill, it having been decided to crush about 1000 tons of ore from the old Waitekauri mine. Prospecting and boring operations are proceeding expeditiously tit the Cross section, about 40 iiieh having been pub on since the holidays. • . . , None of the tenders received for the Woodstock Gold Mining Company's mine and plant Were accepted, and negotiations for the private sale of the property are proceeding. The New Zealand Crown Mines Company have recently discharged a number of hands in order to cut down expenses. . . . . The 29th anniversary of the opening of the Ohinemuri district as a goldfleld occurred oh March 3. • The shareholders in. th& Maratotp Gold Mining Company agreed at a meeting held on March 7 to the voluntary winding up of the company. The main reason for this action was a report by the chairman of directors, which stated that the whole country in the mixle was so impregnated with calcite that it would not pay a company. They had had encouraging assays, but the veins were too small. , tr ... A meeting of shareholders iii the ?\ ami South Gold Mining Company was held on March 8, when a resolution, passed on February 19, "That the company be wound-up, and a new company registered under the same name/' was confirmed. It is contemplated to go in for ft boring scheme, but as only 2d per share retrained Uncalled, which would yield only about £1100, it* has been decided to form a new •company, with a. liability of Is 6d per share. . With reference to boring Operations at the Thames the first hole put down for the Kura-nui-Caledonian Company has had to be abandoned owing to the difficulties met With,, and a new one has been commenced 4ft away from, it. A borehole has been commenced m the public's ground up the Moanataiari Creek, and reaming operations are proceeding m the Victoria Company's borehole. . * At the extraordinary general meeting of shareholders in the Golden Belt Gold Mming Company (Tairua), held on March 4, resolutions were adopted providing for the increase of the company's capital to £20,000 by the creation of 000 additional ordinary shares of 2s each, to be offered in the first instance to shareholders at Is premium. J.he chairman (the Hon. E. Mitchelson) m moving the resolutions, stated that the increased capital was purposed to be used for the purchase'of an additional 20-head of stamps; making the company's crushing power 40 head iti all. , „ ■ ■ , . Since the directors of the New Chelmsford Gold Mining Company have had a man prospecting the property, two reefs have been discovered, each carrying gold; The No. 2 reef is a compact body of stone, and was .cut in a trench about 20ft south of the stapes, where the reef appeared to have been cut off. A third leader. of about 3in has also been cut, which looks a well-defined leader, and is showing gold. The board have authorised four men being employed to develop the reefs referred to,, preparatory to more permanent work. The first annual report Of the directors of the Old Hauraki Geld Mining Company, issued recently, stated that upon the formation of the company steps Were at once taken to commence work. Mr. John Goldsworthy was appointed mine manager, and had Carried on operations to the entire Satisfaction, of the board, and with some degree of success, inasmuch as Legge's lode northward of the slide was intersected, and was productive of good ore at both ■ the 100 ft and 160 ft levels, the yield therefrom enabling the directors to declare a* dividend of threepence per share in October last. After considerable negotiations, arrangements were made to take over the pumping machinery erected by the Bunker's Hill Gold Mining Company, in accordance with their agreement with the English Company, and to carry on the unwatering of the ground. ! Since then the Water has been lowered to the 220 ft level. The financial statement showed receipts for the past half-year amounting to £4912 12s sd, of which £4383 163 6d represented value Of bullion won. Expenditure for the same period totalled £4866 9s 9d, leaving a credit balance at January 31 last of £46 2s Bd. Amongst the items disbursed the dividend absorbed £1260. Operations in the ttauraki No. 2 Gold Mining Company's mine having disclosed nothing of value, application is being made for six months' protection. The New Four-in-Hand Gold Mining Company ate getting very encouraging prospects from a winze being sunk on the Tainui leader. The new owner of 'the Kapowai mine, Gumtown, is spending a considerable sum upon improving the means oi transporting ore from the mine to the battery. He is having a ground tram laid and other improvements effected, which will reduce the cost of handling the ore. Work in the mine is proceeding, and ore of a payable grade is coming to hand. Gold is visible in some of the stone broken out recently. THE GOLD KETUKNS. TOTAL i'OR THREE WEEKS, £71,923 .... 14s. .• <• - " 1 During tins past three weeks the gt>li returns from the Auckland district have reached a total of £71,922 14s, or an increase of £12,573 over that of the previous threeweekly- period. This output has 1 seldom been exceeded in any similar period. Hie following table gives the details of the returns:— OIIINEMUKI. & a. d. Waihi G.M. Co., 19,874 tons ... 53,267 0 0 Talisman Consolidated Co., 4335 - - tons ... ... ... ... ... 7.354 0 0 N.Z. Crown Mines, 2620 tons ... 3,354 0 0 Koinata Reefs G.M. Co., 1250 tons 2,200 0 0 Total Ohinemnri district ... £66,175 0 0 • : THAMES. . £ 8. d. Fame , and Fortune tributers, 19 „ loads, 501b, 770z 7dwt ... ... 217 17 0 KorannJ-Caledonian tributers, 61 ... . _ loads. 831b, IGOo* 19dwt ... ... 441 10 9 May Qaeeb. Extended G.M. Co., ■ 330z Bdwt 91 17 0 Old Alburnia tributers, 58J tons, ■ ■ 361b, 106Oz 18dwt ... 283 14 4 Victoria tributers, 14 loads, 20ot 17dwt ... 55 16 2 Waiotahl G.M. Co., 70 tons, 117oa lOdttt ... ••• 326 , 0 0 . £1,416 16 3 TAIIttfA. Tairua Broken Hills G.M. Co., 600 tons ... ... 1.730 0 0 Total Thames district ... ... £3,146 15 3 COROM^NDEL. £ Golden Pah tributers, 10 tons, ■ 13ib, 61oz 7dwt 183 15 0 Hauraki Freeholds, Ltd., 25 tons, 82lb picked stone, 2060z sdwt ... 622 3 9 Royal Oak G.M. Co. ... ... ... 1,700 0 0 £2,505 18 9 KUAOTtJNtf. Waitaia G.M. Co., 30oz 2dwt ... ; :f. 95 y 0 0 Total Coromandel district ... £2,600 10 9 Total Auckland district for .• three weeks ... ... £71,92214 0 . , : j% v.. . • i-v"''O-i

WAIHI G.M. CO. "" .. * £53,267 FROM 19,874 TONS. TOTAL TO DATE, £3,255,831. .: During the period ended Februai-y 27 the Waihi Gold Mining Company crushes! and treated 19,874 tons (of ore for a 'jhsitirii at bullion valued at £53,267. This iihowS if,'": increase .as compared With the previ§tii# month's return, ' when 19,630 tons yielded £50,259. The total amount won from the ■ mine to date is £3,255,831, as shown ia the following table tot details:— Td July 31, 1390 ... ... ... ~ *4iJSW' July 31, 1830, to December 31, 1891 .., '. S I 'In 1892, 18,297 toils .. . ... ... ',*' iTiJit In 1893, 19,805 tdfii ...- / : . ..j : . ~..- ,''- : %-■- S"-as A.:. In 1894* 24364 tons /</ '■'■ ~» »« , :£,".■ aL'jS? In 1835, 33,670 tons ... ... ■ ... . ffl In-18:36, 34.410 tons iu':-\ ... :-"- i; .- . .A^'wag'vV.'r la 1897, 40,764 ' tons ...'::. < .*. ' .■;:■' .„ \ :■■■„, -V. i^'iS? - } ' : In 1898, 77,929 tons ... .'...'■ ... '..; SMi In 1699, 102,361 toils «...:■ ... r ■~» •;.. '.•.'.' isl'iSS ■: In 1900, 113,012 tons' ... "... «,,*'; affqS -' In 1901, 159,325 toris ... ... :. .. . r .•■ to'SSg ■ ; s'j! In 1902; 179.4617 tons ... ■ ; 4 .- '.„ ... ■ tof'S* : In 1903, 231,373 tons ... „. £ %ss£ Period ending- ®^ Period endmg— •• "?•"*?,■ January 30, 19G4, 19,630 ton§ ... ;./ . 5(5659 . ■ ■ Feb. 27,19C4i 19,874 toias ... jj & KJ,§7 J Total to date - ... ... i. £3,265,631 [ Total dividends and interest to """ ;,, . date-,:;... ...... ... - ... JbI.3IB.JJ9J

TALISMAN CONSOLIDATED G.M, CO. £7354 FROM 4335 TONS. ; TOTAL TO DATE, £245,i74. During February the Talisman Consoli. dated Gold Mining Company crashed and treated £4335 tons of ore for a, return of bullion valued at £7354, or an average of £1 • 13s lid per ton. The January yield from 2610 tons was £4860, an average B er ton of £1 17s 2d; The costs for thi past month Were £1 6s 7d per ton (Or 7s 6d less than the January costs), , : and wen* made .up as . follows .-—Mine developments 4s 4d; mining, IDs: treatment, 11. general expenses, liSd. The total value ; %,^7flf 01 0/ ° m the Dii . to date « A,245,-174.15s 9d, as shown in the follow* ing table of. details:— • To December, - 1898 ... ... ■ , iPxttoe ■* » To December 1899 ... : .*' £ ,E S'gS * f To Dscetnber, i960 ... ffi'gil: I % To December, 1901 .. ; ... : ... ««? Jft To December, 1902 ... M V ■ zimrt * To December. 1903 ~. Z gffl I 5 January, 1904. 2610 tOnS . ; . ... £23 ffl $ J February, 1904, 4335 tons ..; ... fi354 0 I Total to date ... . ... ; . „.1545,i74 l& ~§ NEW ZEALAND CROWN MINES. • £3354 FROM 2620 TONS. | TOTAL TO DATE, £557,624. During February the.New Zealand Crow« Mines, limited, crushed and treated 2620 tons of ore for a return of bullion valued ; at £3354. This is a decrease compared with i the return : for January, when 2810 tons yielded £4201. The total afnouiit won from S ! the mine to date is £567,624, as shown: ii | the following table of details i <=» . • ■'' I Bullion obtained prior to 1896 ... ■■■'„'.'iiil'lMTo December, 1898 ... ■«;.- . ; - " Wffii To December, 1899 ... ..a ■ " ~ : sfftS !To December. 1900 ... ~„ ...".'■£,' ; sffiS ;TO December, 1901 ... ... . ... .: '. ' > -am?•' ITo December. 1902 ... ... ... "•". %'M ; To' December, 1903 ■... ...•..;"'., 78,265 I January, 1904.2810 tons' ... .. 4 ... jf™ ! 'j February. 1904. 2650 tons ... ( 3*354 . Total to date ... a, ... : ...4657,624 1 KOMATA REEFS G.M. CO. , £2200 FROM 1250 TONS. [ TOTAL TO DATEj J8113,063. During the month ending February lithe, Komata Reef Gold Mining Company crush- [ ed and treated 1250 tons of ore for a return jof bullion valued at £2200. c his ; shows a ; decrease Compared with the. previous month'sI return, when 1300 tons yielded £2425. ■ The I total amount won from the miile to date is £113,063, as shown in the following':table of details :-*- ' '■ > ; To December, 1900 ..;... ..'.. £30,369 0 0 In 1901, 8670 tons ... ■ ■':.'„' ! ?..;;■"'■ 11,092 0 ; "0lln 1902. 12,260 tons ... ... ai :-■ 27,085 0 0 In 1903, 14,780 tons ... ... m 37,167 0 0 • ,- ifilOffJOS 0 p January 13, 1904, 870 tonS ... 2,735 6 0 January 30, 1300 tons ..; j .... 2.425 0r 0 February 21, 1250 tons >..;;«* >-2,200 -oio Total to date ... ... . ... £113,063 0 0 TAIRUA BROKEN HILLS G.M. CO. £1730 FROM 600 TONS. TOTAL TO DATE, £51,4&8 15a 3d. During February the Tairua Broken Hills Gold Mining Company crushed and kHsited 600 tons of ore for a return of bullion valued at £1730. ; The, January return ! was £1576 from 300 tons of ore and 230 (tons of slimes treated. The total amount Won from the mine to date is £131,488 16s 3d, as shown ib the following table of details s*— • in 1900 ... ... ... ... -..; £1,47 8 0 In 1901. 455 toils ... ... ... 1,793 19 9 In 1503, 5076 toflß : ... ... ... 53.635 00 In 1903 ... ... ... ... : ii, 21,268 716 ~ - . ' . . . u . £48.183 15 5 January,, 1904, 300 tons. 230 tims slimes ■•-.. ■.■,..'■ ~. ... ... 1,675 6 0 February, 1904, 600 tons ... ... 1,733 0 0 ' Total to date ... ...... £51,488 15 3 ROYAL OAK G.M. CO. The Royal Oak Gold Mining Company have banked £1700, the Value of bullion : Won from picked Stone and part Of the general Ore* just treated. HAORiAKI FREEHOLDS, LIMiIED. The Hauraki Freeholds, Limited, ■ have crushed and treated 25 tons of No. 1 grade ore, 121b of No. 2 grade, and 821b of picked ■ stone, . for . a return of 2060z 6dwt of melted gold, valued at £622 3s 9d. MAY QUEEN" EXTENDED; . A crushing of ore won from the eastern Stopes at.the Adelaide level has been completed Iby this company, giving a return Of 330z Bdwt of melted gold, Valued at £9117 a. VICTORIA G.M. CO. The Victoria Gold * Mining Company's tributei-s crushed 14 loads of ore for 20oa 17dwt of gold, valued at £56 :16s, 2d. GOLDEN PAH TRIBUTERS. Messrs. Jamiesott and party, tributers in the Golden Pah; have completed a. crushing of 10 tons of ore .and 131b of picked stone for a return of 61oz 7dwt melted bullion, valued at' £183 15s. OLD ALBURNIA tributers. The tributers employed in the Oid'Alburnia Company's mine crushed 58 tons of general ore for a return of 'Losoz 18dwt of melted gold, valued at £283 14s 4d. KURANUI-CALEDONIAN. This company's tributers have crushed : a total of 61 loads; of general quartz and.B3lb of picked stone for a yield of gold valued at £441 10s 9d. ■■■■~ ■■ WAITAIA G.M. CO. . The Waitaia Gold Mining .: Company (Kuaotunu) have completed a nine days run at the battery for 30oz 2dwt of retorted gold, from the plates «nd berdahs, valued at £95. WAIOTAHI G.M. CO. . During the past month :this company: crushed 70oz of ore won from all parts of its mine, for a yield of 1170* lOdwt of retorted gold, valued approximately at £526.