MINING.

Otago Daily Times, Issue 7191, 4 March 1885, Page 2

MINING.

SOTEB FROM KEKFTOK (F2Oy ODE OWN 0ORRBBPOHD1NI.) Kmpton, March 3. The following calls are announced for the cmrent mouth :—Eureks, twopence; Phonix, one penny; Occidental, one ponny; Hoineward-Botind, on« penny; Juet-in-Time, one penny; Globe, sixpence; Venus, twopence. Keep-it-Dark.—A dividend of one shilling per share baa been declared, aud will be payable on and after tomorrow. Initlewood.—Too contractors in tho shaft have been timbering up to-day, and have not broken on any more o.' the now block of stone struck on Saturday. This latter was mot with about six feet east of. and apparently runa parallel with, the reef cut previously in tho shaft. The Btone is totally dileront in appesracca to any quartz (ireviou 1!/obtained tin this mine, and is reported to'show gold freely. The adjoining clulm, the Phor.ir.had two blocks in the upper levels, parallel wish each other, and th» possibly may prove a continuation. If so it should bo got on the uppor level of the Irg.owood, in ihc fo:itwa!l. Welcome.- The now driving-shaft is expected to reach Bc&tm.vis from Gre.•mnnjfch in about» wtek, and when fixed irfp^sitlon crushing will ba resumed. The Fiery Cross bat'ory is still, idle, but prospecting work 3 are being psahod ahead in the mine. Tho Boataians and Rvefton Low Lovola respectively .iro beinz carried on, but there ia nothing to report from either. Homeward-Bound.—The applications for tho cancellation of this Company's lease will be heaid in tho Warden's Court on Thursday, and there iB great anxiety on each side preparing fur the battle. Both sides appear to be sanguine of success, but it is generally considered likely that cancellation will not be ordered. Tho worst that may happen to the Company will probably be the infliction of a monetary There is as yet no sign of rain, and tho want ot water is general throughout the district. Companio3 liko the Kcep-itDark and tho Globe, which draw their supply from permanent streams, are not allected by the drought. Gol'iui Treasure.—Tho battery has been stopped for want of water, and will not resume until after the first rainfall.