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THE GOLDFIELDS.

. • TALISMAN CONSOLIDATED." i . \ ; £11,345 FROM 4136 TONS. , TOTAL TO. DATE £634,106. During the month of April the Talisman Consolidated Gold Mining Company, Limited, crushed and treated 4136 tons s of ore for a return of bullion valued at £11,345. The cost per ton was £1 lis Bd, made tip as follows :-=-Mine development, 6s *Id ; mining, 12s 8d ;; milling, lis 3d ;s general , expenses, is Bd. The return raises the | total amount won from the mine to dace to 1 1 £634,106,1s Bd, as;shown in the 'following [table of details: —■ . iTo December. 1898 ... ... ... £39,875 7 3 To December, 1899 .... ...... 35,317 , r 6 6 To December, ' 1900 :.. ..." ... 28.645 2 7 To" December. 1901 ... — ... 16,764 19 8 To; December, 1902 ... ... ... 24,262 13 4 To December, 1903 ... ... ... 88,095 ,6 5 To December,- 1904 ... ... ... 84,826 1 7 To December, 1905 ... ... .... 129.088 810 To December, 1906 ... ... ... 152,011 3- 7 £598,886 9 9 Period ending— - ■--- _ „„ „ „ • „ January 31; 1907. 28m tons ... 12,500 ,00 February 28, 1907, 2774 tons ... 12.314 19: 7 .March 31,' 1907. 3810 tons "-.' 31,539 12 4 April 30, 1907, 4136 tons ... 11,345 0 0 . " Total to date ■•• £634,106 1 8 Total dividends (since recoustruc- n _ • tion) ... ~■ -. - - £100,000 0 0 NEW MAY QUEEN. ' The mine manager of the New May Queen Company reports under date May 6 as follows : —We have just cut a slide formation in' the-St- Hippo crosscut at ; No. 5 level." 'It is earning bunches of quartz of a dark, flinty nature, 2,and is underlying very flat...' . It may possibly rbo the main slide, but enough" work --has. not', yet-been done' to say anything definite about it. ; <.'/".,•;, .'.-', .. - ' ' "'"■'■/ -■ '■■■'■;*'. ■• ' MINK MANAGERS* REPORTS. . Waitangi CMav A) At the. low level the eastern drive on the, "reef has been advanced a total distance of , 45ft from ■ the main crosscut. Work here has been discontinued for the present and 'driving to the : west started, and: wo should meet the ; Junction of the , various leaders , passed through in:.the crosscut. The second crosscut at ■ No. 2 ' 'evel is in • a distance of ,25ft from the hanging-wall drive. . The clean footwall country has not vet been reached, the last 4ft of driving done being in a mixture of quartz stringers and country rock. No. 3 level, has been advanced • 12ft, making the total distance from the surface 109 f- A small quartz vein has crossed the drive "and: the country at the back of it is of a milder nature than that previously passed ; through. This should continue up to.the reef, which, according to survey, is about 16ft from the present face. ■■.. .■•" ■■ "y.'i ' Scandinavian "(May 51: The, new contractors have got the rails fixed up and driven 6ft for the week. The country is tight. , . Rising Sun (May 5): During the week the winze has been sunk a further distance .of :4ft 6in. We are still carrying about 3ft of the footwall portion of ■ the : reef with ► us. The reef continues to look well and contains a good deal of sulphides and colours of gold can be seen freely in breaking down. . " Kapowai (M 6): The low level has been advanced 15ft, making a total of 204 ft. ■' The leader in the.western end of No. 2 level has prospected fairly well. •>The driving in the eastern end has been stopped -- for : the present and the men : put on to stope the ■ block already opened there. -?• I hope to bo able to start. crushing two week 3 from:date. . ■ Victoria (May 4): The reef in the rise on Victoria- reef at No. -3 level shows no Improvement at. sft and operations have been suspended here. : The batterv started« to crush on Wednesday last 1 en the. quartz from this reef and is shaping : poorlv. . The block standing on this reef where ! the. quartz came from-is not large, and from ap- ! pearances will not be ■-. a ,profitable one. -Driving I - hillwards on No. 1 reef ',at 'No. 4-level has been I commenced. The country ,is "tight, but a good class of sandstone. We are carrying about :l 3tb of the quartz in the drive. The stone ; has. a ' kindly appearance, showing favourable minerals. : -To push forward the work two shifts will be .em- ; P Watchman - (May . 4): The level towards, the r Windfall reef has been extended 10ft, but 1 nave found it necessary, on a survey being made, ;to ' turn off from the reef we have been driving on. i There is a further distance of about 130 ft to intersect the reef. The surface level opening out the hangingwall portion of the reef has been in progress, good dish prospects being obtained. A trial pared from this level will be treated nest Wednesday (yesterday). ,

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https://paperspast.natlib.govt.nz/newspapers/NZH19070509.2.7

Bibliographic details

New Zealand Herald, Volume XLIV, Issue 13483, 9 May 1907, Page 3

Word Count
775

THE GOLDFIELDS. New Zealand Herald, Volume XLIV, Issue 13483, 9 May 1907, Page 3

THE GOLDFIELDS. New Zealand Herald, Volume XLIV, Issue 13483, 9 May 1907, Page 3