THE GOLDFIELDS.

New Zealand Herald, Volume XLIII, Issue 13096, 8 February 1906, Page 3

THE GOLDFIELDS.

TALISMAN CONSOLIDATED.

£12.851 FROM 2950 TONS.

TOTAL TO DATE £459,727.

Di ring the 18 days crushing ended January 51, 1906, the Talisman Consolidated Gold Mining Company, Limited, crushed and treated 2950 tons of ore for- a return of bullion valued at £12.851 15s 7d. In view of the short period represented by the figures (13 clays) the return is an exceedingly good one. The cost per ton was £1 19s 9d. made up as follows: —Mine development, 9s 8d; mining, 14s Id;; milling, 13s 9d; general expenses, 2s 3d. Ihe cost lor this period is unusually high mi account, of the necessary repairs and alterations effected during the Christmas holidays at mine and mill. The. total amount won to date is £ '59,727 Is 9d, «» shown in the following table of details; — To December, 1693 £39,375 7 3 To December, itiS'J 55,51? 6 o To December, iyoo 28,045 % V Tj December, 1901 36,764 19 8 To December, 1902 '24,262 13 4 To December, 1903 £3,095 6 5 To December. 1904 3-1,826 1 7 To December. 1905 129,088 8 10 £446,875 6 2 Period ending— .January 51, 19CG ... 12,851 15 7 Total to date £459,727 1 9 Total dividends (since reconstruction) £50,030 0 0 WATOTAHI. FURTHER 2CWT OF I»ICKKD STUNK. The secretary of the Waiotahi Cold Mining Company leceived a telegram from the mine manager late yesterday afternoon, statin that he had selected a further 2cwt of picked stone from the first stope above No. 5 level. This makes in all 7c\vt of picked stone since Thursday last (February 1).

KUKANUI-CALEDONIAN. The secretary of the Kuranui-Caledonian Gold Mining Company (Mr. H. Giitillan, jun.) received a letter from the mine manager yesterday, in the course of which he stated that a, few pieces of picked stone were obtained 0:1 Monday and Tuesday from the leader iji the winze going down on the boundary to interact the Waiotahi No. 5 reef. The lead is lying very Hat, and in places is fully 4in thick. The country and mineral indications are all that could be desired. and consequently there is every probability that gold will also be found in the Waiotahi No. 5 reef when it comes to hand. On the Cambria reef the timbers have been placed in position, and, according to the manager, the stope was to have been along far enough yesterday (Wednesday) to provide the necessary ventilation. On the. completion of this work he intended to at once proceed with sinking, in ordei to test the Cambria reef. NEW OCCIDENTAL. Mi-. E. F. Adams., mining surveyor, has. at the request of the directors of the New Occidental Gold Mining Company, furnished a report on the company's property at the Thames, and with regard to future development. operations advises driving from the' Pride oi Kiiraka low level, with the object of getting under the lead which produced specimen stone at the No. 4 level of the Occidental some years ago when Messrs. Bruce' and party were working the ground. The distance ( j be driven to pick up the reef is, according to survey, about oOOft, and from the reef to Bruce's winze is 330 ft. For this latter distance the reef is intact, and will give 50ft of backs. Mr. Adams is favourably impressed with the future prospects of the mine. At a meeting of directors of the company, held yesterday afternoon, Mr. John O'Sullivan was appointed working mine manager. NEW MAY QUEEN. [BY TELEGRAPH. —OWN* CORRESPONDENT.] Thames, Wednesday. A slight fall in the price of shares in the New May Queen Gold Mining Company has taken" place during the week, and there weie sale:- to-day at 5s 3d. I his, however. is in no way caused by any change having taken place'in the mine, which never looked more promising than at present. In the workings at No. "6 level the drive on the lode is being extended both ways, and the ore coming to hand is first-class quartz from both faces. The western drive is being carried along for 10ft in height to allow of the timber being put in and loaded, so as to form the leading stope. This drive is now approaching the point where the junction of the specimen leader should lie met with, and this should take place in the course of about another week. Above t.ie drive tin. first and second stopes are in. progress, and are also producing good quartz ore" and picked stone is selected from all faces from time to time. Sloping operations are also now in progress on the block above No. 3 level, and the result so far is fully up to expectations. The second stope has now been commenced. Crushing at the battery is proceeding steadily with 16 head of stampers lor one shift, and the supp'v of ore coming to hand from the mine is sufficient to keep this number of stamps running steadily. NEW SAXON. [BY TELEGRAPH.—OWN CORRESPONDENT. j Thames, Wednesday. In the -\ew Saxon mine the work of rising up through the piece of blank ground <on tiip Cardigan lode above No. 4 level lias now been completed. Good country has been met with above, and in this the lode has made again. There is a considerable improvement in the appearance of the quartz now coming to hand, which shows go d freelv Driving both ways on the lode from' the rise will now be proceeded with, and better results may be looked for as the work advances. There is a Mod: of ground to ™' from the top ?' the rise to No. 2 level of about 100 ft m height. Crushing is proceeding at the batter", and will be continued until the quart/, on hand, amounting to about oO loads, is put through. DUNEDIN STOCK EXCHANGE. [BY TELEGRAPH. —PRESS ASSOCIATION". Dunedin, Wednesday. Stock Exchange sales: Alexandra Lead, 6s; Rising Sim (two parcels), 17a b(l. MINE MANAGERS' REPORTS. Vanguard (February 6): The low IsvcUrosfjiit is now in 234 ft ■; total distance from shatt, 15*? ft. The count rv continues favourable for meeting with gold-boaring reefs and speedy progrew. New Una (February 6). country I>c '^' e (.rated continues hard and difficult to break. Vle are now approaching the point. where the j one ion of the Loyalty and Germane reefs s odd k met with, provided they keep the .^'P £I ,f n A' 01 " indicated in the workings on the suriace.