Article image
Article image
Article image
Article image

Mining News.

GOLD MINING NEW*. YALUABLE REEF IN THE BIG RIVER MINE. (FROM OUR OWN CORRESPONDENT.) Reefton, March 19, The Big River mine manager reports that tbe reef has been cut in the crosscut at a distance of Gsft from the chamber. It is ISin thick at the place cut, ar d shows good gold. A shot was put in this afternoon. The drillings were tried in a dish and gave a good prospect. The gold is well distributed through the solid Btone. This reef will give 450 ft of backs. The Cumberland is stated to be crushing to-day. Reefton, March 20. The Specimen Hill Company offer £SOO reward for the discovery of a payable reef in the Company’s ground. The A 1 lease that gave a yield of 20oz gold to tbe ton from a small crushing on Saturday is to be formed into a company of 24,000 shares. The original holders retain 12,000, and float the balance at Is. (PER FKESS ASSOCIATION.) Westport, March 23. In the District Court to-day the action Guilhan v. the Fairmaid Gold Mining Comp&ny, a claim of £l3B for extra work in catting a water race, also £SO special damage, resulted in a nonsuit, with costa.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZMAIL18910327.2.72

Bibliographic details

New Zealand Mail, Issue 995, 27 March 1891, Page 26

Word Count
203

Mining News. New Zealand Mail, Issue 995, 27 March 1891, Page 26

Mining News. New Zealand Mail, Issue 995, 27 March 1891, Page 26