THE GOLDFIELDS.

New Zealand Herald, Volume XLII, Issue 12910, 5 July 1905, Page 3

THE GOLDFIELDS.

TALISMAN CONSOLIDATED G.M. CO. The following cablegram was forwarded to the Talisman Consolidated Gold Mining Company, London, on Monday last:—No. ,10 level: South 892 ft. The reef is' 18in wide, assay value 3s lOd. ' No. 11 level: No. 4 crosscut, 89ft. No. 12 level: Driving north, 146 ft, reef 3ft 6in wide, value 245. Driving south 151 ft, reef 2ft 6in, value 18s Id. Shaft is down 387 ft, Cutting station. WAIOTAHI G.M. CO. [BY TELEGRAPH.—OWN CORRESPONDENT.] Thames, Tuesday. The manager _of the Waiotahi mine reports that stoping operations in the third stope above No. 4 level are being continued, and remunerative crushing dirt is coming to hand. This stope has now been carried to the end of the ground going east, and has also been carried west a distance of 40ft from the rise. As a good deal of filling-in will soon be required in the stopes going west, it is intended to rise a short distance from the back of the stope, and to hole through to No. 2 winze. In Ao 5 eve ' good progress is being made with the crosscut, which is now in 149 ft. A good class of country continues in the shaft. Good progress is being made, and it is now down 47ft below No. 5 level. In the crosscut from the Kuranui-Oaledonian property very fair progress is being made and a distance of 26?t has been driven, the new tailings plant is working well. MANAGERS' REPORTS. "~ Ivevv Una G.M. Co.: The drive on No, • Vot , ■ ? beea advanced a further distance oi alt during the week. The reef maintains a width of 2ft, and l carries quartz and indications similar to that stated in last report. A triad crushing to ascertain its value will bo treated from here as soon as battery accommodation is available. No. o reef: he Nos. 4, 5, and 6 stopes are eing operated on. The reef maintains an average width of 18in throughout. Although no picked) stone has been secured during the week, colours and dabs of gold have been seen at each breaking down. , ictoiiGM Co.: The contractors are of flirt* w pr^ress wiU » t] ie extension Ilf , No ' 1 eVOI crosscut, towards the hl T S drirai a furtlle r disof M ft 3^ ffc for the week, making a total 343 ft from the Victoria sharft. The country penetrated is still a good block? sandstone, intermixed with mineral and r veins. On Saturday last a s5 stringer about 1,1 thick, containing nice mmenils, intermixed with silica, WintermS crossnig the face at almost right angles. 1 Stopmg operations on the leader in the luuigmgwall of the Mariner's reef f ln S vigorously proceeded with. The country penetrated is a, good class of sand fctono for the existence of gold, it being interlaced with numerous mineral and silica, veins. ~^ ie leader, which maintains its usual width continues to show nice colours and dabs of gold when broken down, and during the week about 41b of picked stone i\as selected from the general ore Moauataiari Extended G.M. Co. ■ Han-ev and party have finished their contract, making the total distance 250 ft; but they still have some timber to put in, and have to clean up the drain, which will take them until Tuesday to complete. The country m the face is of a favourable character, and a few quartz veins have been met with during tho week. Tenders will at once be invited for driving another 100 ft.

DUNEDIN STOCK EXCHANGE. [BY TELEGRAPH.—PRESS ASSOCIATION.] Dunk din, Tuesday. Stock Exchange sales: Alexandra Lead, fo 3d; Riley s Beach, 8s 9d.