MINING NEWS.

New Zealand Herald, Volume XLIV, Issue 13450, 29 May 1907, Page 5

MINING NEWS.

WAIOTAHI.

The transfer books of the Waiotahi Gold Mining Company will be closed on Monday and Tuesday, June 3 and 4, for the payment of a dividend on Wednesday, June 5. A meeting of directors is to be held next Monday to declare the dividend, which it is expected will be the usual Is 3d per share. HAURAKI FREEHOLDS. [BY TELEGRAPH. —OWN CORRESPONDENT.] Cobomandel, Tuesday. The ', machinery is being overhauled preparatory to the- resumption of operation'? on behalf of Mr. Dawson, who has secured a three-year tribute and option to purchase for £20,000. GOLDEN HILLS. [BY TELEGRAPH. — CORRESPONDENT.] , Coromandel, Tuesday. A parcel of 17cwt of ore from the Golden Hills mine, Omoho, has been treated at tie Royal Oak battery, for a yield of 3oz gold, worth about £8. v , WAIHI WARDEN'S COURT. [BY telegraph.OWN CORRESPONDENT.] Waihi, Tuesday. At the Warden's Court (Mr. Bush, S.M., presiding) the following applications were dealt With:— H. £ resize, certificate of protection for six months for Waihi Standard special quartz claim, granted; Waihi Extended Gold Mining Company, Ltd., protection for six months for the Pride Extended special quartz claim, granted; reduction to 12 men for six months at the Waihi Extended special quartz claim, granted; J. W. Shaw, protection for six months, Waihi Reward special quartz claim, granted ; John Phillips, protection for six months, Waihi Seddon No. 1 special quartz claim, granted ; E. Bain, protection for six months, Waihi Seddon No. 2 special quartz claim, granted; S. Bain, protection for six months, Waihi Seddon No. 3. special quartz claim, granted ; W. Bain, protection for six months, Waihi Seddon No. 4 special quartz claim, granted; C. Hayes, protection for six months, Waihi Seddon No. 5 special quartz claim, granted. ; DUNEDIN STOCK EXCHANGE. ' ■ i [BY TELEGRAPH.— press ASSOCIATION.] Dunedin, Tuesday. The following Exchange sales are ; recorded : —Golden Treasure, 28s; Island Block, 2s, ' "MINE MANAGERS' REPORTS. Southern Queen (May 25): Stoping is being carried out o»i the Atlantic reef at No. 2 level, quartz of a kindly description - coming to hand and containing '■■■ excellent mineral indications. Strong colours of gold were seen while breaking down. The winze on the Blue reef at No. 2 level, has been sunk 41ft and the reef formation is still of small dimensions, but with a tendency to open out in the bottom of the winze. The quartz carries good minerals and a , little < gold. The reef formation in the drive on the No. 3 level averages about 20in. The quartz looks well, but so far no gold has been seen. There is a "noticeable improvement in the quartz and country, and I expect to find good payable gold in the ore bodies. • Halcyon (May 25): A course has been laid by Mr. Adams to drive from the face of, the new crosscut due south-east to intersect the Halcyon reef. About 25ft of driving, should cut the reef. After driving about 9ft we tapped a reef running east and west in a good channel of country, a quantity of water issuing from the back of the bar. I* am" squaring -up the face and ' stripping the. reef. The crosscut- has been extended 12ft for the week, making 44ft in all. The low level to intersect the new reef has been extended 7ft, making 37ft from the entrance. ■ : New. Occidental (May 27): The ground is" still hard, but a little easier than it has been during the last month. I have not measured _ up, this week, 03" the face is very irregular.' ' Waihi Extended (May 25): Owing to a breakage to the winding engine work-below has been suspended for the remainder of the week pending repairs. This having now been effecfed work will be resumed on Monday as usual. <■ Watchman (May ,25): The; level . towards the Windfall, reef has been advanced 14ft. The reefintersected, has now been passed through and proves' to' be 2ft thick, underlying in the-opposite' direction to the Windfall. The ■ stoho has ;afavourable appearance, but is of a more flinty and, harder nature than,the quartz in the Windfalls The wet weather has prevented work in the surface drive on the Windfall reef. - 1 am pusliirig' ; forward the level with two shifts of two men each.:-.--—. , -~ : . ... -,-. *,•-

New Waitekauri (May 25): The line connecting the mine with the hopper lias been' finished and the ground tram is being pushed along as speedily as possible. The contractors on the line from the battery are making very good headway. Victoria (May 25): The drive at No. 4 level on No. I■' reef hillwa rd has been driven 31ft from the crosscut. In the reef the stone for the, first 4ft is solid quartz and in the end the formation is stringers and ribs of sandstone. The quartz in these stringers has a kindly appearance, carrying favourable mineral. The only . work done in the rise .east of the break has been breaking down the quartz, and a few colours of gold were ■seen in the stringer on the hangingwall of the reef. Rising Sun (May 25) During the week the drive on the reef south from the winze has been driven a distance of sft 6in. The reef in the face is looking well and colours of gold can be seen .freely. ■;■•■■.:■: /- : ." v '•....• - /