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MINING NEWS.

SATURDAY’S QUOTATIONS. WELLINGTON STOCK EXCHANGE. Kirwan’s Reward, buyers Gs Gd; Talisman Consolidated, sellers 12s Gd; Undaunted, buyers £lO, sellers £ll, sales £lO 2s Gd; Callaghan’s Creek, sellers Is 6d p; Cornwall, sellers 10s; Greenstone Junction, buyers £1 3s 9d, sellers £1 6s, sales £1 4s; Grey River, sellers Os Gd; Hau Hau, sellers os; Kangaroo Creek, sellers £T; Kohikohi, sellers 18s; ivohinoor, sellers 18s; Kohinoor (preference), buyers Is p; Mosquito, buyers £1 3s 9d, sellers £1 Gs, sales £1 3s Gd and £1 3s 9d; Nelson Creek, buyers £2 14s, sellers £2 18s; Notown Creek, sellers £1 ss; Pactolus, buyers £2 Is p; Premier Duller, buyers Os; Three-mile (Greenstone Creek), sellers 16s Gd; Alexandra Load, sellers 7s; Electric, sellers £2 Is; Golden River, buyers 7s, sellers 7s 3d, sales 7s 3d. DUNEDIN SHAREMARKET. PHESIB ASSOCIATION. DUNEDIN, March 8. Dunedin Exchange siflcs: —Leaning Rock, 15s, 14s 9d ; Meg and Annie, 20s; Monte Christo, 325; Notown Crock, 235. DREDGING RETURNS. DUNEDIN, March 9.

GREYMODTH, March 8. The following returns arc to hand: — A 1 (Reefton), 40oz for 128 hours; Builet Junction, 16oz for 90 hours; Grey River, 12oz for 105 hours; Greenstone Creek, 12oz sdwt (no time given); Leviathan, 42qz 4dwt for 115 hours; North Beach, 760 z of amalgam; Pactolus, 340 z 14dwt for 124 hours; Reeves Proprietary, 270 z lOdwt for 107 hours. HOKITIKA, March 8. The Hokitika River dredge obtained 350 z for 86 hours’, work. Tho local director of the Premier (Buller) Gold Dredging Company wires that tho return is lOoz for 131 hours work. Tho Rocklands Beach dredge obtained 290 z lOchvt amalgam for 115 hours work. , , , , . , The Hau Hau Creek dredge obtained 13oz fidwt gold for eighty-seven hours’ dredging. The return of tho Mosquito Gold Dredging Company for 86 hours’ work is 220 z lldwt. ■ REEFTON, March 8. The Alpine mine' manager reports that No. 11 level ’ south has been extended 6ft, making tho total distance from where the reef was first struck 45ft. A branch drive north has been extended 6ft, making the total distance , from the main drive 29ft. The reef in the north end is looking well. It is three feet wide, and good gold is to be seen in it. The contractors in No. 7 level have driven 10ft, making the total distance 80ft. They are now cross-cutting east from the level for the purpose of picking up tho small reef. ' ■

The following dredging reported:— returns are oz. dwt. Electric .. 131 .0 Junction Electric 107 7 Mystery Flat 90 1 Earnscleugli No. 2 "! 7G 0 Olrig 71 4 Perseverance No. 2 " 50 17 Empire 44 0 Perseverance No. 1 " 41 12 Jubilee 40 8 Pactolus 34 14 Earnscleugli No. i 30 15 North Beach 30 8 Gold King 27 4 Alexandra Lead 25 0 Coal Creek Flat 22 10 Golden Gate 22 15 Golden Bed 21 0 Happy Valley ... 21 0 Xhmstan Lead 10 7 Spec Gully 18 11 Waikaka Queen 18 0 Meg and Annie 17 10 Majestic 10 15 Success 14 15 Chicago 14 12 Molyneux Hydrauho ... 13 15 Ngapara No. 3 11 14 Lawrence 8 6 Globe 7 8

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM19020310.2.34

Bibliographic details

New Zealand Times, Volume LXXII, Issue 4606, 10 March 1902, Page 7

Word Count
522

MINING NEWS. New Zealand Times, Volume LXXII, Issue 4606, 10 March 1902, Page 7

MINING NEWS. New Zealand Times, Volume LXXII, Issue 4606, 10 March 1902, Page 7