TALISMAN CONSOLIDATED.

New Zealand Herald, Volume XLIII, Issue 13355, 8 December 1906, Page 3

TALISMAN CONSOLIDATED.

IMPORTANT DEVELOPMENTS. [Ny TELEGRAPHY CORRESPOXDEXT.] Waihi, Friday. Operations at the Talisman Consolidated are being attended with considerable success just now. The mine reserves hare been considerably added to since last reported upon. The Dubbo ore chute has been readied, and three distinct ore chutes exposed. They are not very extensive so fur, but. the ore laid bare is of an exceptionally high grade, whilst the ore body in places is strong and well defined. The No. 10 level is being worked at a, great depth from the surface. No. 4 level: A rise is in progress from this level upon the up strike, and a height of over 50ft has been readied; good values being met throughout. The management are preparing to commence sinking a large winze upon the lode immediately underneath the rise. The lode is strong at tin's point, and it is the intention to go down on the reef for the purpose of determining the character and value of the ore at a depth, when either Nos. 11, 12, or 13 levels can be advanced to bring either level in contact with the chute of ore. The development of this Dubbo pay chute, or what may be called its discovery at a depth, has been attended with considerable difficulty, for at times the management had only the mere track of the vein in sight. Several crosscuts were thrown off to prove the continuation of the lode, and after driving a length, of close on 2000 ft the ore body has been recovered, and what is most encouraging of all is that the ore contents are of a high . grade character. Sloping operations in the Bonanza section are in steady progress above No. 10 level, and from these sources a large tonnage of ore still continues to come to hand. The most important development in the mine is the discovery of the new vein now.known as the eastern branch. This fine body of ore, which will'average about sft in thickness, stands in the eastern wall -of the main body. The latter has an inclination towards the west, close on to the angle of 45 degrees, whereas the eastern branch stands almost vertical, or with a slight shade towards the west. With the object of locating its exact position a winze is in progress, and a depth of about 70ft has been attained, the lode showing strong all the way clown, and carrying good values. Owing to the steep pitch of this ore body, when No. 12 level is reached, it will be fully 150 ft to the east of the main lode. Consequently a crosscut will have to bo driven to intercept it. This work is to be. proceeded with at once, in order to connect with the winze referred to. Another important discovery has been made at No. 11, level. A small vein which was passed through at No. 10 level, but which was at that point of low grade in value, was recovered at No. 11, and in the latter level it had increased in strength, and measures about 18in in thickness, the ore being of good value. This serves to show that the lodes have a tendency to improve as they reach the deeped country. It also strengthens the idea that the management are not leaving any of the company's ore unexplored. The new air compressor should arrive in Auckland this month, and when installed the umvatering of No. 15 level will be undertaken.

SOUTH KAPANGA G.M. CO. LTD. >. T ,K \, fi . rat meelin of the South Kapanga Cold Mining Co. was held at the office of die secretary (Mr. C. S. Kissling) yesterday. The following directors were appointed:—Colonel Holgato (chairman). Messrs >■;• W. Alison. M.H.R., i-;. A. Brown, J. B. Dingle, F. Kneebohe; and W. Stimpson The capital of the company is £7000 divided into 140.000 shares 'of Is each', of which 10.000 arc reserved for the company, and the 80,000 offered to the public have been over-applied for. The claim consists of 63 acres, comprised of the Gallant, Cast Off, and New Scotty claims, all portions of the Old Kapanga, Company, worked so successfully by an English company of that name. * Mr. R. H. Harrison has been appointed mine manager, and work is to be vigorously undertaken immediately after the holidays, on what are known as the Seotty and Kapanga, reefs, which are both well-known gold-producers'

DEEP LEVELS AT ROSS. [BY TELEGRAPH.—PRESS ASSOCIATION'.] V Hokitika, Friday, A movement is afoot to develop the deep levels at- Ross, where rich gold was obtained in the early days, but could not ho effectively worked then owing to the volume of water present. The proposal is being taken up with enthusiasm.

DREDGING. [BY TELEGKAPH. —PRESS ASSOCIATION*.] Bpneihn, Friday. Dredging returns:—Masterton, 88oz 13dwt; Waikaia, 58oz ldwt; Muddy Creek, 530z; Mystery Flat, 460z ' Bdwt; ivuia, 220z lOdwt; Chicago, 21oz 2d\vt • Junction Electric, 20oz 14dwt; Lady Annie, 20oz ldwt; Otago No. 1, 18oz; Hartley and Riley, 17oz; Central Charlton 16oz 6dwt; Garden Gully, 15oz 13dwt; Hessey's, 12oz 15dwt; Koputai, 9oz 17dwt. '

MINE MANAGERS' REPORTS. . May Queen Extended (December 6}: The reef "{ ?ff rD Sff *'""*, ,la " li( * n stripped, lor a depth M Oft, m of which have been b.oken down, giving three trucks of strong heavily-mineralised quartz, which shows a few colours of gold. The sinking i» being pushed on with the intention of getting well below Warne's (toping, on the north end of the winze towards the break, near which, is the run of gold. Victoria (December 6): The country encasing No. 1 reef at No. 4 level is still of a dark description, and a small break crossing the face was intersected during the week, disturbing the reef a. good deal. There is a rib of quartz on the hanghigwall about 6in thick, and underneath are stringers of quartz, intermixed with dark mullock. We commenced to rise on the hangingwall of No. 1 reef hist Monday and saw the first gold when putting in the drive. The country is intermixed with mineral and 6i!ica veins. A portion of the small leader w?s broken down ami a colour or two of gold found. By appearances this leader will junction with the "main reef a* the rise ascends. Auckland (November 30): During ilia week the western crosscut has been extended 6ft. We liave passed through a small stringer 2in wide, giving an awiay value of £1 12s 8d per (on. The winio in No- 4 level has been sunk Bft, where the reef i* only about 6uj wide, giving an assay value of 16b 2d per ton.