MINING NEWS.
(per press association.) - The Dunedin Gold returns for the last week are 11 loz icr five days dredging. * 3a »b m. Auckland, September lo Three new mining companies have £ formed—two for claims at Kuaotnnn -“5 one for a olaim at the Thames. una * Advices from Sydney state that ti.. n ' J Mercury Proprietary Gold Mining cl!'' 1 ’ at Kuaotunu has been satisfactorily - Bullion from the Waihi Company’, Thames to the value of £1750 J M ° b lne ‘ received m town. ÜBei * -Ph n Clreymouth, September 10 The Greymouth Dredging and Gold Company tried their Deluge S 8 yesterday. It threw an immense VQ P i„“ p of water from 12 to 15 feet high every satisfaction. All to be done’ noli! to move the dredge where it is intended k begin, to erect the shoots for taking the tailings away, and commence dredVnT Everything will be in readiness by the end f the week. uu (FROM OUR OWN CORRESPONDENT.) TT .. . .. Reepton, September 4, ihe United Alpine cleaned np with itt/w of retorted gold from 642 tons. ° OZ Reefton, September 6. Quotations.-Argosy, sellers 6d ; Captain Cooa, 4d ; Golden Treasure, 2s 3d: Golden Lead, Is 6d ; Gallant, 9d ; Globe, 21s T n kerman, 22s 9d ; 0.K., Is 6d ; Alpine’, 27 8 3d ; No. 2 Dark, lOd. y ’ ,8 Buyers.-Fiery Cross, 3s 9d ; Cumberland, SQI6S a.B. Returns.—Globe, 1960 z of amalgam from 175 tons ; Welcome, 170 oz from 51 - p ro . gress, 182ozfor the week ; Inkerman.’lQOoz from top plates. Dividend.—Fiery CroBS, 6d. Reports.— Inkerman No. 2 level ia driven a total distance north on the stone of 164 ft The reef has now jumped into one of the walls, as in No. 1 level, for fully 100 ft further north than the present face, and all the quartz has a northerly strike. They ate in hopes of picking it up in a day or two. There is a nice soft country coming in from the west. The stopes are all looking well, the stone averaging 3sft wide. The quartz crushed for the week all came from theßonth end, which is the poorest; but that coming out now shows a marked improvement. As they go north the prospector On the south lease areistill following the outorop, which carries splendid gold. The battery wa9 hong up 16 hours for repairs. Remarks.—Business is very slaok, the market flooded with sellers, aßoribabie to the unsettled state of the money market. l
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZMAIL18900912.2.30
Bibliographic details
New Zealand Mail, Issue 967, 12 September 1890, Page 12
Word Count
406MINING NEWS. New Zealand Mail, Issue 967, 12 September 1890, Page 12
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in