MINING NEWS.

New Zealand Herald, Volume LI, Issue 15689, 17 August 1914, Page 3

MINING NEWS.

WAIHI.

.-025,703 FROM 14,576 TONS.

TOTAL TO DATE, £10,634,489.

During the four weeks ended August 1, tho Waihi Gold Mining Company crushed and treated 14,576 tons of ore for a return of bullion valued at £25,703. This shows a decrease of £243, compared with the figures for the corresponding period of 1913, when 14,735 tons yielded £25,946.

Tho total amount of bullion won from the mine to date is £10,634,489 7s 7<l. Dividends, bonuses, etc., paid to date amount to £4,631,797 5s Bd.

THAMES DEEP LEVELS.

STRONG PRESSURE AT BORE HOLE.

[nr telegraph.—own CORRESPONDENT.]

Thames, Saturday. The contractors for the cleaning out and tho repairing of the main crosscut have completed the work, and the main crosscut is now again in good order for a length of over 2000 ft to the deviation crosscut at tho bottom of tho WaiotnJii shaft. The work of cleaning out the deviation crosscut is now in hand and about 50ft of it has been cleared of tho debris with which it had become blocked. There is a further 450 ft to clear to reach jtho face. An examination of the value at the bore hole shows that there is I still a strong pressure of water being i kept back at that point, and it has I bow lieen decided to open the valve 'and release tho water to ascertain whether ; that will have the effect of reducing tho i pressure. Otherwise there would probj ably bo a certain amount of danger in : resuming work in the face of the deviation crosscut. The main slide might burst through again at any timo if the pressure cannot bo reduced first.

MAY QUEEN

[or TELECItArH.— coiutEsrovnENT.]

Thames, Saturday.

Tho work of sinking the winze below tho 1000 ft level on the Exchango reef in tho May Queen mine has been in band during tho week. The winze is being sunk close to the junction of tho Exchnngo reef and tho large lode which was first driven, and so far encouraging prospects are being met with. Tho quartz broken shows nice blotches of coarse gold.

SAXON,

[by TELEGRAPH.— OWS correspondent.]

Thames, Saturday.

Operations in the Cardigan section at No. 7 level in the Saxon mine have been continued during the week and the drivo on tho No. 2 lode eastward has been, extended a further 18ft, making a total distanco driven from the crosscut of 262 ft. The lode in the face is about lOin in width and is carrying good mineral indications, but no gold has been seen in it during tho week. The No. 1 lodo has been driven on for a total distance of 55ft east from the junction, the lode being about Ift in width in the. present face,' but not having yet shown any great improvement on tho stone in quality.

MOANATAIARI.

[fir TELEGRAPH.— CORRESPONDENT.]

Thames Saturday.

Tho crosscut at the No. 3 level in tho ] Moanataiari mine has been driven about j 30ft from the old face, at which dis- I tance the main slido was intersected. I This is now being driven through to reach j tho footwall, after which a crosscut will , bo driven southward along the footwall country, parallel to the slido, in the ex- , pcctatioti of intersecting somo of the reefs which lio in that direction westward of i the slide. j

DREDGING RETURNS.

[l)T telegraph.— ASSOCIATION'.]

Dcnkdin, Sunday,

The following returns have come to hand Rising Sun, working 134 hours, 61oz 6d\vt; Rife and Shine No. 1 Company, 133 hours, 58oz ldwt; Rise and Shine No. 2 Company, 128 hours, o6oz lOdwt; Good Chance, 150 hours, 490z 4dwt; Electric No. 1 Company, 130 hours, 270z; Golden Bed, 15oz lldwt; Red Jack.', 133 hours, 370z 13d\vt; Success, 113 hours, 2-loz 6clwt.