MINING NEWS.

New Zealand Herald, Volume XLV, Issue 13744, 8 May 1908, Page 3

MINING NEWS.

' "GOLDEN BELT. ■ ' / £269 FROM 120 TONS. '-■' j The Golden Beit Gold Mining Company , have crushed 120 tons of ore for a return of. 1 £->6D lib. oil. • ' ' : "-" J OLD HAURAKI. •■'■•. I A RETURN OF £500. ■ The Old Ifauraki' Gold Mining Company have crushed and treated 4-3 tons, of general, ore and 821b of picked stone for a return of 1670z lldv/t retorted gold, valued at about: £500. \.; : „. .. ;,,.■.. • . ■... NEW DART, £50 FROM 11 LOADS. The New Dart, Gold Mining Company have crushed 11* loads of ore for 12bz of retorted gold, worth about £30. ' TALISMAN CONSOLIDATED. TREATMENT ;OF REFRACTORY ORE. [BY TELEGRAPH. —I'JKKSS , ASSOCIATION.] - Wellington*,' Thursday. In connection with the Talisman Consolidated mine it i* understood that information ha* been .received to the effect that after j providing for the 6s .already paid in divi- ; dends for the last financial year there, will he left at. leant £100,000. reserve in cash i and bullion in transit after payment of liabilities of tin: company, except the newplant. This is an increase of about £20,000 upon the teserve at the end of the previous financial year. The new power and treatment, plant, it instated, should _ not cost, more than £25,000, which when" paid for \ would leave about £80,000 still in reserve. After a considerable amount of experimenting Mr. Stansfield, the manager of the: mine, lias, it is understood, wived the problem of the treatment of tin; refractory milphide ores met with in the No. 13 level. Hence it is stated there will be no necessity to ship any more picked stone to- England for treatment. The first instalment of the new power plant arrived at the mine last Monday. The site has been prepared, and early in duly it is expected there will be -.. resumption of development work in the southern portion of the- 13th level.

MAOIULAND. [BY TELKBRAI'H. — coiun:sro.v»KNT.] VTxint, Thursday. In view of the fact that the Government have granted a subsidy of £100 towards development, work in the Maoriiand mine, conditionallv on the Ohineinuri County Council and " the company providing £50. each (making £200 in alii, the .shareholders at a meeting decided to at once forward £50 to the Ohinemnri Council as their quota. Those present, representing 30.000 contributing share*, were unanimous in supporting the action taken in developing the Young New Zealand or Birthday section of the mine. WAIHf GRAND JUNCTION. [BV TKLKiiRAt'H.-—OWN GtIBttKM'OXPKNT.] * Waihi, Thursday. - The new reef (No. 4) intersected 210 ft out ill the south-east crosscut at No. 4 level in the Waihi Grand .1 miction mine has* now been driven upon 45ft going west, and about 6ft of good sulphide ore it showing in the present face. In the drive going east very little work has .■been done lately. The southeast, crosscut is being-steadily pushed, forward, and. has Hi' far been advanced about EOft from the point where the footwall -of the No. 4 lode was cut through. Several quart/, stringer* have beqn met with, and.the .country being penetrated is of the right .claps:. Tito winking oL the shaft for No. !». .level is being prosecuted with all 'possible despatch. ■ ■; , .

PAEROA WARDEN'S,COURT. . : ■■ ■ .-•:• ■ ', t -;■?■■;-;;&'; ~.- [BY -T«MtinA.Ptt,-—OfrX COBRKfIPOSDS'?!'.! PAIiROA, Thnrstetey. At.- tins sitting of the. Warden'* Court to-day, tefo-re '.Mr. ftttt %«&.-■ . SIM.-, y - ihtt '-V.';' ; :t following applieattftn.* were granted i-— George tngli*. *peci»l quartx claim of '85 acre* antl fenilba «p*>TT»t-qUiii'tz Claim. Th« following ''-applications were reoomtnended: •— T. V.'. Allen, special quartz claim of 9;> acre* three roods, known a* Volunteer special qtUtrtK claim at M»r*.»to{n; K. D. Wait* and H. ' Fl.\v«n,.. six: months' ■ protection. A-o i-t,, special quart* claim; Talisman Consolidated, I Limited, water-racft' of lo,V)ft ''t Shepherd".« , , :.- I Creek. Karangivh;ifce; .1. W. Thorpe, rednc- .■: j tion to tour : men, Joseph Chamberlain | special quarts claim, for tf>reo months i* : I Owhatvn: John Featon, licswei of Bason 1 'So. I Special quartz cfeim of E9 j»cr*>* tvn j rnwla at Karansfa.halce.: John FeAtots, ■■ ! ! Saxon No. ?, special quart's claim of 93! •.'..: j acres, one rood two poles .at : K*ranit*h*kr:. V'-V; : Durinft the hearing of an application for » j lease. Mr. llmgwi eohrtcleKKl that m rej j>f?s?g'itig a olatm the man who rcj>««3Csred ■■'■-.- should l>e in nt,tcnd;uice to goo evidence to the effect that he was acqtuiuti'd with tin* .--'■'■'' >.- old plan, and had pegged it in ftcc*>rda.nc#i with i',, or else he Would have to orrf»?f inspection by a surveyor. He abo stated that in allocations for protection stiflieient evidence of what is _ b?»ing done wii* not included in the declaration, as before grunting ;. I pndectioH lie- required to ls> satisfied that ~ f the work was being carried on in a Kttsincsio like manner. especially with retard to raid- ~ ," ing capital with which to work the claim, BRITISH lIHOKKN HILL COMPANY. By Telegraph.—t'rc«» A«scciation.— j -'■- Lom'hkv., May 6, The British Broken - Hill Cotnp»ny _*r«>w» a profit for the. year of £46,701.'. The direc- . tors, reconuncud that no dividend bo declared, as it i* essential that the company's financial' strength be maintained to meet the requirements of new plant and tbe c.vpenscs of mitiutcntinco and developnteiit, and contribution* to the tunc water supply scheme. . : -.., -~ ~;. .... -....-. ■-. ■':'' ;■;>,'; FAPAROA COAL MINE. ' {UT TKLKfiKAl'it.— i'llKSS ASMttutiox.] ,'•-.' ohkymoutit, Thurwljy. The F-aparoa ("ompanyV main tunnel ha* ' just cut through the lowest seam of antliratiious coal, which is 14ft in 'thtckne**. The No, . 2 scam of the saute coal, which in 12ft thick, is ready opened out, so that the compftiiy ' will bo in a position to work the-field on completion of-(he tunnel. 1 Tin* -No, 3 mriAi (6ft thick) is also Iwinjr opened 0ut.... :- NOTES. ' ''■;'- ''" In the ,T;»ima Consuls mine «■ change of country has conic in in the low level. Thi> .i•:-.■■■. face is much tinner ami intermixed with ~;'', flinty veins, I Sloping Ins boon started in lhe Southern Queen mine both ciWt and .-wojl from ibo : :! . j rise. The manager hopes to be able, to get out a fair amount of quart;!. The directom of the, Golden Fab mine have adopted a scheme of operations recom- _ mended by the mine manager. This includes a rise to the surliicc from the hi,tin It level and through the junction of Davis," anil the. tribute leads; the cxl-tinnlan of the level i Oil tile hitter lender; sinking on the Fall ' reef from the road level; further develop- : ; ment of it, now leader alamt 50ft from tlio Hauiakt boundary. . The iiuHiitger in ten da to thoroughly prospect the «url»ce of tho .mine, a great portion of which i-> tiripro*- -■ peeled. . . ,