MINING NEWS.

New Zealand Herald, Volume XLVIII, Issue 14806, 9 October 1911, Page 5

MINING NEWS.

TALISMAN.

£21,283 FROM 4380 TONS.

TOTAL TO DATE, £1,586,224.

The Talisman Consolidated Gold Mining Company during the month of September crushed and treated 4380 tons of ore for a return of bullion valued at £21,283 18s 2d. Compared with the return for the corresponding period of last' year, when 4000 tons yielded £19,112 14s 9d, last month's return represented an increase of £2171 3e 7d.

v The costs for iho past month totalled 38s 7d, made up as follows: —Mine development, 10s sd; mining, 12s 2d; milling, 14s Id; general expenses, Is lid. The total value of bullion won from the mine to date is £1,586,224 is lOd, as shown in the following table of details: — £ 8. .d To December, 1907 ... 783,334 210 In 1908. 46,417 tons 218,992 4 4 In 1909, 46.456 tons 208,885 15 10 j 111 1910, 45,020 tons 210,264 3 6 Total £1,421,476 6 6 January, 1911. 2930 tons ... 15,016 8 ' February, 1911. 3600 tons ... 16,153 13 10 March, 1911, -1300 tons ... ... 18.472 1 b April, 1911, 3820 tons ... ... 17,627 9 7 May, 1911, 4230 tons ... ... > 17.855 511 June, 1911. 4580 tons ... ... 19,019 17 2 July, 1911, 4500 tons ;.. ... 18,741 3 4 August, 1911. 4300 tons 20,576 17 3 September, 1911, 4380 tons 21.283 18 2 Total to date ... ... ... £1,586,224 110 Total dividends and bonuses - paid (since reconstruction) £560,109 7 6 The superintendent of the mine has despatched the following cable message to the London office: —"No. 13 level: South drive, progress 37ft, reef 66in wide; assay value, £1 5s 6d. Driving north from No. 12 winze, progress 18ft, reef 36in wide; assay value, £2 16s Bd. No. 15 rise, progress 10ft, reef 18in wide; assay value, £3 7s. Sinking No. 6 winze, progress sft, reef 48in wide; assay value, £16 7s 6d. Driving north from bottom of No. 6 winze, progress 17ft, reef 36in wide; assay value, £9 Bs. Driving south from bottom of No. 6 winze, progress 20ft, reef 54in wide; assay value, £8 9s. The main incline shaft lias been sunk 6ft. Paid tribute for ore crushed £157."

PRIDE OF TOKATEA. / RETURN OF £130. ' The manager of the Pride of Tokatea mine, Coromandel, telegraphed as follows on Saturday :— Crushed .3 tons general ore and 201b picked stone, return 470z retorted gold." The value of the return is estimated at £130. WAIHI GRAND JUNCTION. ROYAL LODE VALUE. The general manager of the Waihi Grand Junction mine despatched the following cable message to the London office on Saturday:—"No. 6 Royal lode, No. 5 level: The reef in winze No. 9 crosscut shows 564 in; value, £3 9s 6d.

BREMNER'S FREEHOLD. TWELVE POUNDS OF PICKED STONE. The manager of Bremner's Freehold mine, Coromandel, telegraphed on Saturday as follows " Breinner's Freehold, broke down No. 1 reef yesterday, secured 1211/ picked stone.". MAY QUEEN. [BY TELEGRAPH.OWN CORRESPONDENT.] Thames, Saturday. The manager of the May' Queen Company reports for the week as follows :— " The crosscut being driven at the 1000 ft level in the direction of the Bright Smile reef has passed through the tight country and is now in a splendid class of blocky white country with numerous mineral seams through it. The Exchange reef in the drive still* looks well, and the quarts; at each breaking-down 3hows nice dabs of gold. So far the lode that was passed through in the deep level crosscut has not Been picked up here, but the, indications now point to its being near at hand. More water is being met with, and there is a ciange in the underlie of the country. At No. 6 level the quartz being won from the hanging and footwall branches of No. 4, lode in the stopes continues to show gold pretty freely, and is of a fair grade. ' '

■ THAMES DEEP LEVELS. [BY TELEGRAPH.—OWM CORRESVONUENT.] Thames, Saturday. The contractors for the extension of the main crosscut at the 1000 ft level in the Thames Deep Levels have driven a further distance of 32ft during the week. No change . of any moment has taken place, ■" the face being still, in hard country, but of fair workable character. , • DREDGING RETURNS. ' " [BX TELEGRAPH.PRESS ASSOCIATION'.] Dunedin, Saturday. The following additional dredging returns are to hand :—Golden Sun, 15oz 9dwt; Rising Sun, 40oz 4uwt; Rise and Shine, No.' 1, 320z 9dwt; Worksop, 86oz lOdwtj- New Trafalgar, 18oz. NOTES. The winze on No. 1 reef, in Dixon's Consolidated mine, Thames, was advanced 4ft last week. The country in the bottom of winze is a much firmer and better class of sandstone, and the quartz coming to hand is heavily mineralised. In the New Magnet mine, Thames, the drive on the Republic reef was extended 6ft last week, making 18ft driven. The reef when broken down looked well, and still continues to carry free gold. A start was made to put up a rise on the reef to test the values. No. 1 rise was raised sft. The ore from the hangingwall portions of the main reef proved of payable nature, strong dabs and colours of gold being seen.