MINING NEWS.

New Zealand Herald, Volume LXIV, Issue 19698, 26 July 1927, Page 7

MINING NEWS.

I KARANGAHAKE DISCOVERY.

NEW AURIFEROUS LODE

[BY TELEORAPH. —OWN CORRESPONDENT. 3 PAEKOA, Monday. Some excitement has been created at» Karangahake by the discovery of a gold-r bearing reef. This was made by Mr. J. B. Morris and party on land recently taken over by Mr. Morris from the NewZealand Crown Mines, Ltd. The find is adjacent to the Imperial Company's ground, where a considerable amount of prospecting work has been done in the last two years. It consists of a well-defined reef a little more than 2ft. wide. The ore is said to show free gold throughout. Mr. Morris was recently working on. another small leader and had erected a small plant with five head of stamps. Although good stone was being mined the battery returns were not satisfactory oil account of the refractory nature of the ore and of the great difficulty in treating concentrates in New Zealand. Several bags of quartz from the new reef were taken out on Saturday. A sample of this was impregnated with yellow mineral. The new reef is only a few chains from the boundary of the Imperial Company's claim and as it is running north and soutth it appears likely that the .seam continues into that company's grour-.d. .

REPORTS OF MANAGERS.

New Waiotahi.—The drive hillward for the "Waiotahi-Cambria reef has been advanced 9ft. for the week. The country rock is hard andesite with strong heads or joints, through which a certain amount of water is making. Maoriland.—During last week the east crosscut has been advanced 6ft., the total distance to date being ,62ft. The country passed through was still of a favourable description, with mineral heads crossing the drive.