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THE GOLDFIELDS.

OPENING IT THE THAMES DEEP' LEVELS. DISCUSSED by the drainage BOARD. At ,1. meeting of the Thames Drainage Board, held 111 Auckland yesterday afternoon (the Hon. E. Mitchekun presiding), the question of opening up tile low levels of the Thames goldliold was discussed. The matter was introduced by a letter from the Thames Borough Council concerning a resolution of the Council, offering rto contribute up to £1000 towards a scheme for testing the low levels at a greater depth than they have been hitherto explored.

The Chairman suggested that the offer of the Thames Council should be brought under the notice of the- Government, in the hope that the Government would contribute towards the work, which was one of great importance to the Thames field. Mr. A. Burns thought that before appealing to the Government, the Board should draw up a, comprehensive scheme* for the opening up of the low levels. With something definite to put before the Government, they could then with confidence ask for assistance.

Mr. H. H. Adams suggested that the matter might be left in abeyance, pending further development work in the May Queen Mint. Gold had been shown to exist in the deepest workings of the property, and if the work in progress demonstrated that the gold lived down deeper, there should tlieh-be*nd,'drffitoittty in • obtaining the" necessary" money for thoroughly testing the Thames Hold at a greater depth. Mr. M. Paul questioned the wisdom of further delaying the matter, and thought that in view of the good feeling that existed in connection with the gold mining industry just now the time was ripe for a. start to be made to thoroughly test* the low levels.

The Board appointed a committee, consisting of Messrs. H. H. Adams, S.Hea«i keth, and H. • Gilfillan,' jun., to confer with' mine-owners and the Thames County and'. Borough Councils, with a view! to "intro-! ducing a scheme for testing the low levels*'

KATHLEEN CROWN.

ENGLISH SHAREHOLDERS TO PROVIDE WORKING CAPITAL.

[by telegraph.— correspondent.} G'oromaxdkl, Friday,. ' News of an encouraging nature has beet* received hero concerning the provision off further capital! by the shareholders in Eng- ! land for the .vorking of the Kathleen Crown!* property. Mr. H. Battens is still in England, but hopes to return to New. Zealand)! at no distant date, with instructions to re*' sume operations.

COLORADO. I [BY TELEGRAM!.—OWN correspondent.] 1 } I Coromandel, Friday. The old Colorado mine at Moewai, Mer«J cury Bay, was recently taken up by Mr. J.] W. Callaway, and I understand that a/ syndicate has been formed to work the»' ground. About £300 is being provided tal put in a low level, and to otherwise pros-] pect the property. Very encouraging re-i suits have been obtained from time to time/ from the mine. ' • ...

KTJRANUI-CALEDONIAN 00. The secretary of the present Kuranui-.. Caledonian Gold Mining Co, (Mr. H. Gil-} tillan, jun.), acting on instructions from-' London, is forwarding to shareholders -of the old company, who did not take up shares in the new company, on reconstruction, a dividend at the rate of BAd per share. THAMES DRAINAGE BOARD. The first meeting of the newly-elected Thamei Drainage Board was hold a I the office of the secretary (Mr. J. W. Nichol), Victoria Arcade,- yesterday afternoon. There were present : The Hon.; L. Mitchelson, Messrs. H. T. Uorrie, W. Burton. H. H. Adams, S. Hesketh, W. Gorrie, A. Bums j and M. Paul. On the motion of Mr. Hesketh,l the Hon. E. Mitcheison was unanimously re-! elected chairman of the Board, and took the chair. , A letter was received from Mr.. R. Mitehel&on. intimating that since election us a member of the Board he had found that other duties would' prevent his attending meetings of the Board re- ; gularly, and asking that his resignation be ac-' cepted. The resignation was accepted with re-' re V. and 01,,,11 c motion of Mr. H. 11. Adams Mr, 1 H. Gilflllau, Jun. (representing the Kuranui-CaJe-' doniau Company), was elected to (ill the" vacancy the secretary submitted an estimate of the i<x-> penditure for drainage purposes, including Board* expenses, for the. current year. This showed that, including a deficiency of £90 from last year, a total of £3540 would be required, of which some £80 would have to be returned to contributing mining companies in the shape of rebates on contributions. An the Thames County and Borough Councils arc expected to contribute £150 and £100 respectively, the mining companies will be called upon to contribute £32!20. A committee consisting of the chairman and Messrs. Adams. Hesketh. end Ulilflllan was rp-i pointed to prepare a scheme for the contribution* of the companies operating within the drainage area, and to submit a report to the Board at a. meeting to be held on Wednesday next, when the assessments will be marie. Mr. H. J. Lee was re-appointed auditor to t!li» Board. It was decided to hold the meetings of (his Board alternately at the Thames and in Auckland during the present year. On the motion of Mr. Hesketh, votes of thanks were accorded the outgoing members of the Board, and more particularly to Mr. H. Green* for valuable services rendered during his several' years of office. MINE MANAGERS' REPORTS. Golden Belt (January 26): Since resuming aftef the holidays the eastern crosscut a% No. I level has been cleaned out, and a start will be nude to drive south on the reef to intersect the risa from No. 2 level. A rise lias been smarted over the winze at No. 2 level (road level), and the real is a well-defined body of ore. The ripe is i.;n 6ft, and the ore from here shows gold freely ami is good general dirt. At the No. 3 level flow level) we have started driving soiiiii on thp large reef cut in the crosscut. We are also driving north on the last reef cut. The reef at. pretend is disturbed, but last Tuesday a picked sample, which was heavily mineralised, save an as-eiy value of £23 2s 2d per Inn, The cold assayed soz bdwt to the ton and the silver 21oz 2dwt.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19060127.2.6

Bibliographic details

New Zealand Herald, Volume XLIII, Issue 13086, 27 January 1906, Page 3

Word Count
1,017

THE GOLDFIELDS. New Zealand Herald, Volume XLIII, Issue 13086, 27 January 1906, Page 3

THE GOLDFIELDS. New Zealand Herald, Volume XLIII, Issue 13086, 27 January 1906, Page 3