MINING.

Otago Daily Times, Issue 9338, 1 February 1892, Page 2

MINING.

NOTES FROM REEFTON. . (Feom Our Own Cokiusspondent.)

Q , , _, , Reefton, January 30. Stock Exchange report .--To-day's returns of amalgam from the Globe, Gallant, Inkerman, ?**• ¥leJ^ and No- 2 Dark mines give a total of 17500z. Several other returns are not yet to hand, but it is reassuring to note such a substantial result, especially considering there are good indications that steady crushing is likely to be ttawto cofne^^ ""* °Ver the field J° r *°™ The share market remains with the same improved tone n.ticeable for the past few weeta several lines having had a firmer tendon™ and" bettervalues. Alexander Dredging fronStine issue) have been in better notge, g a nd sold up to bs 6d. Big River show an advance on last week's prices, while Cumberland are quoted as before and accounts from the mine are most encouragfng £. xJ h;">ge sold in small parcels to Is 3d, and?ierv t™ Mr US^ ngin th, e letter has been resumed Some Golden Leads sold at low rates. After a long silence Gallant have been firm at about 3s! anj the crushing concluded to-day should ii. prove the stock, in which a fair turnover has taken place this week. Crushing resumes .on Wednesday. Globe appear at about former rates. After an excellent month's work a dividend of 6d was declared to-day representing L9OO. Gordon are expected to see business very shortly Keep-it-Dark Lid a forward place on the list this week, and the mine is sendinf out some good stone. Edward met with business at less than last week's figures, but only a few shares are offering now and then. No. 2 Dark have not been much dealt m yet, but now that crushing has been resumed, may be expected to commanl a fair share of attention. Progress have been in good demand at from 16s to 16s 9d, with a firm feeling in shares. Russell, Scotia, and Drake remain unchanged and United Alpine show an advance in value. These shares have come into demand again, and the future of the company is said to be most promising. Welcome are wanted of c'ontributC "^ ISfailedt° flndaseller to 9s3d; Cumberland, ft>9d fcTlOsTd ?. Exciia^ Is 3d to Is 6d; Fiery Cross, 4s 6d to 4s 9aGolden Lead Is 3d to Is 7d Gallant ?s lid to f* l d '«? l 0£ c' iss 6d *°16s • 11 KM and Bar Ivrfl 6r U^° r|? n + ' 8l t0H d; Dark- 15s t0 *«

J£" t]ll batte^ »t«nni for the week:-Keep-it-Dark, 1940z amalgam from 108 tons; Fiery Cross, 132«z from 78 tons; Gallant! 410oz from 115 tons; Inkemian, 40Soz from 120 r£h; al *h of-, J^ tions> 30oz from 33 tons; 128 fenr^ °m ; 2 Dark> 128ozfrom iv£W. R <'V^~ T 4.he mi.ne, manager reports for the Wee£:-Tne stopes look about the same as last ontm- T h t e, wmzc has been sunk a further depth of 10ft; total, 27ft. At the beginning of the week the stone was a bit broken, but has made solid again and is about 4ft wide, showing good gold. tLrtnl " al depth> by present conGolden Hill.—The mine manager reports •- lbftT&lmm* elw V\ have ext®? ded the level lUft, total, 108 ft. W« have crossed the creek and are now driving into the hill on the north side The .reef in the face is 12in wide, and appears to be ssjs^rfW 1"*0 the hm- lt has the no change to report. The total depth is 32ft" (< Uiuiberland.—The mine manager reports:— NoiTli aYi™* d, istance of l«t was nsen in No. 1 level. At 10ft a break occurred in the stone, Srivi^wfß^ a Sam; 4 We, have M™ air dLrive X2f*. and expect to hole into the rise from the middle level early next week. In the intermediate level an improvement has taken place since last week. We have driven the crosscut itft, and have come broadside on to the reef but have not cut it yet. j ud? ing from the open cracks in it I think it of a fair size. Six men are now engaged in putting another division in the rise from *To. 2 level for.air. This rise is the only R«M e p, ?h- T Wr nN?- 2 aV d the intermediate. Besides this, I have to make the rise into two and C(?1? partments for Passing through mullock Exchange —The mine manager reports for the ween:— We opened out to drive north, and have driven sft in the solid. There is about 18in of solid stone in the face. It seems to be the same as went under foot and gave such good prospects. The contractors have driven 15ft since starting, , l .J li? gre^S'WrT^ <lnine mal>agei- reports for the llf i i"~ a ? e dls£ ance driven on the reef in No. 3 level to date is 70ft. Six men are rising and driving the leading stope over the level. The stone in the rise is looking well, and shows gold all over, bix men are engaged driving the crosscut to the winze, the total distance driven being 17ft The gr»und is favourable." Globe.—The mine manager reports:—" The winze from No 4 level is down 34ft, underlying about a foot to the foot. There is very good gold m the stone. "We are taking the full width of the winze on the stone, except a little on the eastward. After another logging it will be on stone altogether We finished filling in the west end in V- le xrel V, c? terday- The stopes are all looking well m No. 1 level. The stopes are increasing in size. More than half the stone came from there • k- The battery returns for the month give 435*0z retorted gold from 760 tons." A dividend of 6d has been declared. Gallant.—The mine manager reports for the week:— We have broken out and taken to the upper paddock 80 tons; total broken out for the month, 315 tons. The eastern reef has been rather small for the past week. We have opened out the western reef and driven on it 15ft. There is very fair gold in the stone We shall drive on it next week with six men." GoldenTreasura.-Thc mine manager reports: Ihe drive is completely broken down as yet, but fair progress is being made with it. The total distance driven for the month is 72ft, making the total distance 300 ft from the main drive " „ §? no1?} Gordon.—The mine manager reports :— bince the last report the driving of the tunnel has been continued. The distance driven for the week is 10ft; total distance, 51ft. The country continues very hard." «-"«"«»* Happy Valley.—The mine manager reports:— Since the New Year we have extended the level 18ft; total distance, 258 ft. The reef we were following broke off about 10ft back from the present face. We are at present in a jumbled-up mass of pug and quartz, which I expect will change before long." Pandora-The mine manager reports for the ™1? k -: ~ The contractors have extended the level loft since starting. More gold-bearing quartz is showing for the last two days than for some Sme! Altogether the trace is looking better. We have risen over 20ft for the past three weeks, making a very^goTd ■' Th° reef sho™ we^^'Tn'lvP 6 qniDe- "lanap>- sports for the Wf ■"", In.No- 3 winze the drive from the faS^K* Bttexte ext f cud«d north 9ft; total disstenf W££&* facti is wideniug-and „ Ji ad J r Louisa.—The mine manager reports :— r- -i?if* all ei om Plo,yed in the rise and have risen ,mtfor the week; total distance from the back of the level 47ft. If the ground continues as at present we shall be througltto tlie surface in three weeks, and immediately after that will start ?»nH 1Ug f wni e, -t0 *¥ battery from the mine. The timber^ Party WaS acee Pted for mining w»ri rcU" evi7~T he mJ" c manager reports for the h™ fS>7 « l? ilia manager reports: —"We drove 50ft on the line of reef, and had no stone A slab of mullock however, fell off the footwall and S?Sf? a ree f i• \ i put in a crosscut at tlie f«» for Bft and got highly payable stone, 4ft wide The stone was in the footwall alone " Welcome.-lhe mine manager reports :- Twelve men are stoning below No. $ level. KnVXSI W^H IWS beon to the mill making a total of 80 tons. The mill will lip at work W hours per day next week. Crul ng has now been going on for nine shifts " SWg llas Homeward Bound -The mine manager reports: SffS feveT "A £?£&& cutti °S «* *°Z same will be invited shortly ™naeis loi tlie The Keep-it-Dark looks very well G-UiaTit POnllyEdiVidelUl has been doclaretl in the

CRCEBUS MINK, NENTHORN. of r'VnW^l Sl)f J' I '"^ jm >y brought down a c:«ke xLm, U/ oUIJ 1'- 0"1 Nelltl>orn on Saturday wcighmgUiuz. This represents the crushing and Cr^nl' °, °f Ulllg 7, °f 1W tOnS Of stoUe from the Croesus mine. The manager reports having driven from the new winze fora distance eastanc! west of about 100 ft through new ground, and at a

thfued°LS ft- from the s ?urface- The stone conuZer fog ot thp" e7 ry dlr?cti°.n- and is strong thickness 'fc faVCBS P g trom lift to 2*ft & ™ m a he b. attery will start crushing again on Monday morning as there remains a quantity

SXtfS&'JSJ™?-' Both clevat™ The manager of the Waipapa Creek Gold M'mrig Company [reports as followe:—" 41oz lddwt amalgam for eighty-nine hours' dredjrimr Ground getting much better." -«>"*&• The Dunfitan Times learns that the Molyneux Hydraulic Elevating and Gold Mining Company have received a wire from tha liquidator accepting thel'tender for the purchase of the property of the Commissioners' Flat Gold Mining Company. As soon as the necessary arrangements are completed steps will be taken to remove the plant to ?^ ndra- llie fi?ure eiven was LI2OO. After a few weeks of steady, hard work, the men employed on the Wetherstones prospecting shaft have been successful in accomplishing the first stage of their labours. On Tuesday afternoon the shaft was bottomed at a depth of 243 ft. The bottom layers of cement-for the last 40ft at least -were found to be exceedingly hard, and very difficult to get through A little gold was found towards the bottom, but not quite in payable quantities, so that it will be necessary to continue operations if success is to attend the efforts of the promoters and the money already expended is to be made reproductive. But this is not exactly possible, as the funds subscribed for carrying out the undertaking are now exhausted, and nothing further can be done until it is known whether additional assistance can be obtained to complete tlie work. It is now proposed to raise a few pounds more to enable a drive to be carried along the reef for spme distance from either side of the shaft, in the hope of striking the run of cement which, gave the Wetherstones Cement Company w, m! 1 operation such handsome returns.—Tuapeka limes. I.iA pJilvate to'l'igraii received from Reefton states that the mine manager of the Keep-it-Dark Company hopes to get sufficient stone to keep going without touching non-payable stone. The return last week was J94oz from 108 tons (top plates JSJ^Y,! 1611 the wash-up takes place fully 15dwt to the ton is expected.