MINING NEWS.

New Zealand Herald, Volume XLVIII, Issue 147690, 8 September 1911, Page 3

MINING NEWS.

TALISMAN.

£20,576 FROM 4300 TONS.

TOTAL TO DATE, £1,564,940.

The Talisman Consolidated Gold Mining Company, during the month of August, crushed and treated 4300 tons of ore foe a return of bullion valued at £20,576 17s 3d. This is the biggest return rev corded from the mine this year, the next highest yield for 1911 being obtained from the June crushing, when 4580 tons yielded £19,019 17s 2d. The present return, although a lesser tonnage of ore was treated, shows the satisfactory increase of £1557 0s Id over the June crushing. Compared with the return for the corresponding period of last year, when 4150 tons yielded £19,027 0s sd, last months' yield represented an increase of £1549 16s. The costs for the past month totalled 38s lid, made up as follows Mine development, 10a sd; mining, 13a lid; milling, 12s 8d; general expenses, Is lid. The total value of bullion won from the mine to date is £1,564,940 3s Bd, as set forth in the following table of details:—

£ s cL ?° £% e ?, er > 1907 783,334 2*lo In 1908, 46,417 tons ... 218,992 4 4 T ' ! 5 -' 456 tons •••' •» - 208.885 15 10 In 1910, 45,020 tons 210,264 3 6 Total £1,421,476 6 6 January, 1911, 2930 tons ... 15,016 8 7 February 1911, 3600 tons ... 16,153 13 10 March, 1911, 4300 tons ... , ... 18.472 1 6 April, 1911, 3820 tons 17,627 9 7 May, 1911, 4230 tons 17.856 5 11 June, 1911, 4580 tons 19,019 17 2 July, 1911, 4500 tons 18.741 3 4 August, 1911, 4300 tons 20,576 17 3

Total to date £1,564.940 3 8 Total dividends and bonuses paid (sinoe reconstruction) £560,109 7 6

The superintendent of the mine has despatched the following cable message to the London office of the company: No. 13 level south: Sinking No, 6 winze, progress 31ft, reef 48in wide; assay value £6 2s 6d. Driving north from "No. 12 winze, progress 30ft, reef 36in wide; assay value, £5 19s. Driving south from No. 12 winze, progress 30ft, reef 72in wide; assay value £8 4s. No. 16 rise, progress 74ft; values low. Have holed through to No. 12 level. The Talisman shaft is sunk 18ft.

DEEP LEVELS TUNNEL.

ANOTHER REEF INTERSECTED. THIRD IN SAXON PROPERTY, The following message has been received from the superintendent of the deep levels tunnel at Thames:— through reef 2ffc thick. Good country in the face." This is the third reef that has been intersected in the Saxon property during the process of the deep levels tunnel. The first, believed to be the Cardigan reef, was intersected at a distance of 40ft from the May Queen boundary. Three small leaders have been cut through since then. About a fortmight ago another reef was met. with 275 ft from the Moanataiari boundary, and about 40ft further on the reef referred to in the telegram was intersected.

HIGH ASSAYS ON WEST COAST. -S

j'.. RUSH TO REEFTON. / \*Y '."ELEGBAPH.—PRESS ASSOCIATION.] Reeftgn, Thursday. Latest assays from the new find at Black water South go 'from loz 19dwt to 2oz 0< wt 12gr from the outcrop. .The fir.d is stater to be the very best ever known in the d strict. Representatives of Blackwater Mine*', Ltd., have inspected the property with a view to making an offer. Great inten st is being taken in the discovery. The :eef is 3ft 3in wide, has been unooveied for five chains, broadening towards the north. .

Patterson and company, at Maori Gully, near Reefton, report splendid assays from their property. _ On© went 6oz to the ton." All the surrounding country is now pegged off. Accommodation in Reefton is very inadequate. Even, 7 house and shop in the •■own and its environs is occupied, and newcomers cannot find houses. WAIHI EXTENDED. The manager of the Wa'ihi Extended mite reports that fair progress was madia last week. A start will be made this week to pet the chamber timber in position, Water is now being easily copeci with. PAEROA WARDEN'S COURT. [I If TELEGRAPH. —OWN CORRESPONDENT. Paeroa. Thursday. At the Warden's Court at Paeroa to-day, before Mr. F. J. Burgess (warden), applications were ; granted as follows: Herbert Pennell, residence site at Karangahake ; G. White, residence site at Karangahake ; W. Lowry, residence site at Mackaytown; Amie Hill, protection for three months' for residence site at Mackaytown; A. J. Thorp and others, permission to work Snxon No. 1 and No. 2 special claims at Rotokohu with two men each for one month. '

The following application was recommended for the Minister's consent:—Scotia Gold Mining Company, protection for six months for Scotia special claim at Waitekauri.

The application of Edward Ryan for six months' protection for the Advance special claim at Maratoto, and the application of the Rising Sun Gold Mining Company for protection for six months for the Rising Sun Extended special claim at Owharoa, having been consented to by the Minister were granted. Surrenders were accepted as follows:—« W. Alley, residence site at Komata; E. Fahey, residence site at Karangahake; ■ Alexander and Kent, Waitekauri Rock and Yankee special claims at Maratoto. NOTES. In the Union Hauraki mine, Coroman* v del, the lona reef averages Bin in width, with fair prospects of fine gold by washing. From the work done on the No. 1 reef over the winze, about 21b of picked stone, showing strong colours and blotches of gold were obtained.