THE GOLDFIELDS.

New Zealand Herald, Volume XLII, Issue 13032, 24 November 1905, Page 3

THE GOLDFIELDS.

TAIRUA BROKEN HILLS. The following telegram was received 1 the secretary of the Taihia Broken Hi! Gold ■' Mining Company yesterday from fcl mine superintendent (Mr. H. H. Adams) :• " Driven 18ft on the new reef, value great improved.'' This refers to the reef cut few days ago in the western crosscut at tl battery level, and which gave an assi value of £2 lis per ton. WAIOTAHI. ; The *■Waiotahi old Mining Company new battery was given a trial run yesterda; In all probability the battery will commem work on inferior ore at the beginning ■ next week. ■'; : . :; "-V ':■, [BY TEM'.GBAPH. — CORRESPONDENT.] "Thames, Thursday. 'Shares in,the,Waiotahi Gold Mining Cor pany, which, changed hands up to £5 at tl beginning of the week, have suffered a r lapse "during the last day or two, but i day's quotations are slightly better, wil buyers 95s and no sellers. ' The alteratic in prices : has, however, not been occasiom . by any change in the aspect of the mine,"'i there are no new developments. ''" The worl at the various levels are proceeding as usua and there is now a large tonnage of ore c hand awaiting the starting of the new ba tery, which will be ready for work' to-mo row morning with 20 % head. ; This cxti crushing power, when in full work, will ei able the manager to push on the works wit greater vigour in all parts of the mine,', au should materially increase the monthly yiel of gold. There will bo no difficulty in ol tabling the amount of ore necessary to kee both batteries going, as the No. 5 reef i No. 6 level can now bo driven on hot ways, and with the main reef at the earn level and at No. 5 level, on which there 12ft of quartz in the face, the drive eai on the reef at No. 4 level and the stop< above > that level, a large number of me I can be profitably employed, and a large,ou I put of ore obtained. * ; i • NEW CHELMSFORD. I A special general meeting of shareholder in the New Chelmsford Gold Mining Con pany was held at the office, of the secretai (Mr. A. ;L. White) yesterday afternoon, t consider a resolution in favour of th voluntary winding up of the affairs of tl company,, or as an alternative a proposi to raise further capital to continue develo] . ment work at the mine by issuing the ui allotted shares. Mr. T. T. Masefiold,"cliai: man of directors, presided, and in introdm ing the business -expressed regret at tli . fact that i shareholders had not shown a inclination to take up the shares; with view to further exploiting the mine, coi oerning the future prospects of which h was very hopeful. ■ On Mr. Masefield' nu tion, it was then decided that the affairs ( the \ company be voluntarily wound up, an Mr. A. L. White was appointed liquidatoi An informal discussion '.followed, in th course of which it was suggested that th company should be re-formed, .or the min and- plant' taken over by a syndicate, wit a view to .putting the tunnel further int the hill, and crosscutting. Nothing definit was, '■' however, decided upon, but it vra suggested that if the property was ' take over by a company the present shareholder should be * given the , option of becomin associated with : the syndicate. WAIHI WARDEN'S COURT. . •At a fitting of the Waihi Warden Court on Wednesday the Waihi Extende Gold Mining Company was granted a, 'cm tificate of reduction to 10 men for a perid of , six ; months for- the Waihi Extende special quartz claim. A reduction to tw men in the. section known as the Prid Extended claim was also granted to th company for a similar term, and 12 months protection was granted iii the case of th special sites known as "A" and B." , KOMATA REEFS. f; The following-report- on development ope rations in the Kornat* Reefs mine has beei forwarded by mail to the London office o the . company: — t ■ '-* No. 8 level: Drive north on No. 2 Distanc driven, 14ft ;' total, 204 ft. The ground continue hard, and the reef is only about 18in wide 0111 only iii* few shillings in value. > Rise on No. ; reef north—Distance risen, 6ft: total, 19ft. Th reef is sft wide, but only averages about 10*. No. 7 level: Drive north on No. 2 reef—Die tance driven, 13ft; total, 33ft. The ground is ban and the reef is pinched to -about Sin. , No. 6 level Cutting out chamber—Diatann driven, 3ft; total. 10ft. This completes this work Drive north on No. 2 Distance driven, 16ft total, 22ft. The reef is pinched to a few inches A. few more feet will put the face far euoug! to 5 commence rising and sinking for the mail quart pass. . No. 4 level: Drive north on No. 2 reefDis tance driven, lift; total, 323 ft. The .aversgi width of the reef is 7ft,' and the average valm £6 lis 7d. No. 3 level: Drive north on No. 2 reef— tanee driven, Bft; total, 311 ft. The avcragi width of the reef is 14ft, and the overage valm £2 19s 3d. Drive north on No. 1 reef— Dislanui driven, 13ft; total, 151 ft. ' The average widtl has fallen to 6ft. The average value is £5 33 No. 2 level: Winze on No. 2 reef north— tance sunk, 12ft; total, 57ft. The average widtl is 3ft,* and the average value is £3 0s lOtl. Tin winze is now pretty well down to the stopes oi No. 3 level. Stoping;- No. ■. 4 level, No. 2 reef, flrafc blockGround stoned, 12 fathoms; average width o reef, 6ft; . value", £3. : No. 3 level, No. 1 reef second block—Stoped, 2£ fathoms; average widtl of reef, 6ft; average value, £210 a. No. 2 reef first block—Stoped, 3 fathoms; average width o reef, 12ft; average value, .£4. ';< No. 2 reef, secont block—Stoped, 14- fathoms; average width o reef, 10ft; value, £2 10s. This block of stopei is now being extended northwards over the larg< run -of, ore we have been driving on during tin last few months. No. 2 level, No. 1 reef, seconc bock— Stoped, 4 fathoms, average width of reef 7ft; average value, £2. Smithy level, No. 1 reef second block Sloped, 3,1 fathoms; average widtl of reef, Bft; value, £2" 10*. flattery: Good headway is being made with th( alterations and additions to the battery. Tin new tube mill is in its place, and will soon Ik ready for running. The new zinc boxes (eight are all in position, and a start is being made with' the installment of the vacuum filters. ft small water-race is being constructed with iju object of bringing in some waste water at a low level. This will come in for battery and ot.liei purposes, and thus save the high pressure water which is used for power. . MINE MANAGERS' REPORTS. New Four-in-Hand (November 22):'. The con tractors have started work and have. driven 16fl in the /, low "'level up to Saturday last. Tli< country penetrated is favourable for carrying gold-bearing reefs. ,''. The two tributes in tin Cuirassier Gully are still getting a little gold. Vanguard (November 22):. Low level- crosscut— This has been advanced lift for the past weel by; the contractors,'' making a total J distance o! 40ft., f , This crosscut ; was in 1320ft,when the con tractors started, so 'that the full distance it 1360 ft. There is very little change in the 'appearance of the country as yet. The heavy flow of water mentioned in my last has eased off a good deal. ' . , ~