MINING.

Otago Daily Times, Issue 11050, 2 March 1898, Page 3

MINING.

THE MACETpWN REEFS. (From Our Own Correspondent.^

Arrowtown, March 1.

The. Glenrpck.* Company,.' during February, crushed 430 toes:■ for 2420z bar bullion; leaving in spite of the low-yield a surplus for London.'

_ Good prospects are met with1 in both the Sunrise and Tipperary mines. From the latter mine 7cz 14dwt ■. anieltad gold were obtained from a small parcel of stone during the month.

: NOTES FROlrf AUCKLAND. (Per United Press Association.)

' . •', Auckland, March 1. The May Queen Hauraki from 41 loads obtained 9loz/smelted gold. This brings the monthly returns to £1155 worth of gold. ;; - ."• .The Woods.tock produced 270 tons,; yielding bullion of the value of £1095. Thk was the final crushing of the mine with the dry process. The plant ife now being made a wet one. '■:>".

: NOTES FROM REEFTON. (From Ook Own Correspondent.)

■■•■-..- • ~ , Kkepton. February 27. Midday Quotations.—Alpine Extended, 5s Cd.to 6s; Big River; Ss 6d to 9s 6d; Buller dredge, 5s to 6s; Boatmans Exploration, 6d to 9d; Cumberland, Is 6d to 2s ; Dillon, la to lsSd ; Golden Lead, 1b 6dto Is 94 ; Hercules, 6d to 9d ; Keep-it-Dark, 153 Bd to 16s fid ;Kirwan's Reward, 4s to 5s ; Lord EdwaM, 6d to 9d ; Progress Mines, 25s to 30s. \

Bullet Dredge.—The return is 28oz 17dwfc for 132 hours. The total for the month (le3s five days lost through floods) is 104oz 4d\vt Big River.—The mine manager reports :—" The crosscut from No. 6 level has been extended a further distance of 17ft. We have crossed several small leaders,'.but none of them are gold-bearing. In the winae. below the intermediate level we have sunk to the bottom of thestone and are cow working it up. The block ia very short, about 4ft long, but the quality is very good." ' r

.',-.. .-.'■ February 28. • • Keep-it-Dark. —The manager reports : "The contractors have made a start in No. 2 level. The is about the same, and the reef track is a little wider, with more quartz in fhe face. It looks promising fora block/of atone!: 'We at« up about 70ft with the air course. There is no alteration to report from No. 5. The usual sloping is going on. We have commenced stoping about 20ft to the north of the winzi iti No. 7. We are taking out about Bft of stone and only one wall. The reef will be much larger next srope. Gold can be seen in the stope. We will clean up.it the battery next week." >.■■ :

Cumberland Extended.—The manager reports : "The low level has been extended. 18ft further, north for the week, making the length from the crosscut on the track 46ft. The country being driven in continues likely-looking forstone." Dillon Extended.—The manager reports : "The .face is at present in what looks like a blank; -with well-defined walls and & regular veef track •running the usual course carrying quartz ■boulders."

Mr Thomas Crabb has been placed in charge of the Newhaven, Victoria Range, The winze is being sunk on gold-bearing stone, and is now down a depth of 39ft, and the same is to be continued' for a further depth of 25ft. The company has beer, v registered. '. ; ' •

THE CLYDE DREDGING COMPANY'S i ■" ■■- DREDGE. The Clyde Dredging Company's dredge'Moa is now upon payable gold again after a spell of about three months, during which time she was laid up for alterations and repairs. The dredge was kept running almost continuously during the winter to ■ take advantage of the Io?/ state of the river when little drift was travelling, consequently the machinery got very much out of repair, and the bull being of weak construction it had twisted and thrown the machinery very much out of line. Wtn-n the river rose the dredge was laid up, and Messrs Cutten Bros M the company's consulting engineers, made a thorough examination of the dredge, and at their suggestion it was decided to thoroughly overhaul and rearrange the machinery and pliica it so that the weight would be bcttcc i distributed noon the pontoons. Plans wetepre- | pared'by the liim mentioned, and the alterations j have been very ably carried out hy Mr W. [ M'Callum and the company's dretlgemaater and ! engineer. The tumbler frame has been riised to | improve the delivery of the dirt, the hull has ! been strengthened all through,"aud more especially ! under the engines, boiler, and winches, ' the gantry frame has been braced, the boiler has been shifted from the side .of the well to the outside of the pontoon and covered with asbestos lovei-ingy governors.have been fitted t» the engines, and the whole of rite gearing has been shifted irom the one side of the dredge to the other. Sbifl pinio«B have been fitted to the winches and the elevator-. has been overhauled, and the arrangemenr for ; driving it altered and made stronger and much i more convenient for repair. The effect of the

foregoing alterations has been to greatly stiffen the hull, wEich" now sitsleveT "on Ehi water. The machinery runs much more evenly and smoothly, and the boiler, which under the, previous coil- i ditions was apparently too small, is now steaming I without difficulty ajid upon a greatly reduced consumption of fuel. " The Westralia and New Zealand Gold' Explorers Limited), in operation- at .Macetown, have, since i registration in IVbruary,. JS96, produced 785:-z BJdwt mill gold (of the value of £3142 18s 8d) and 2U602 cyanide gold (£516 Ife sd). The quantity : produced last year was sSsoz S^riwk mill "g01d(£2359 2s Sd) and 2060z cyanide gold (£511314s sd). The amount expanded last year in carrying on operations was £5123 7s'4d, and since registration £So7'2 7s 7d. The nominal capital of the company is £52,51)1 15s, the subscribed capital £63S'S 9s, and the amount actually paid up. in, ciißh £15!)519s 6d. The statutory statement of affairs of the Glenrock Consolidated (Limited), iv operation at Macetowu, sVows that the quantity of gold produced last year was 2822£0z mill gold (£11,322) and 67ioz cyanide sold (£163 13s 10d). mid since registration IMtUoz mill gold (£13,80: isj 7d)and lllioz cyanide gold (£3Ol 145.1 d).. The amount expended in the past year's operations was £8149 5s 4d (and there was remitted to London £2350), and the expenditure sines registration, in July, 1895. has been £13 487 195.10 a. The nominal capital of the company is £225,003 10s, in £450,007 shares of 10s each, and the amount subscribed is '2« per share, all the shares being allotted. The returns published an the. Gazette show that the Skippers Sluicing Company (Limited) expended £1658 2* 2d in last year's operations. There are 20 shareholders in the company, which , gives employment to 10 men Mr Neville Sinvwright (Sievwright B/o&' and Co.), secretary of the Lion Rock Gold Dredging Company (Limited), reports that the dredge started work yesterday. The fallowing wire wa3 received from Mr C. E Richardson, the company's dredgemaster :—" Dredging to-day ; eveiytiiing going well; working two shifts; opening paddock." Mr Leslie H. Reynolds, engineer to the company and designer of the dredge, has been

advised by Mr Richardson that everything is" working well, no hitch whatever having occurred. Mr Jibez Burton reports that the Kttrkk dredge was shifted back to M'Whirter'S Beach at. the beginning of last week, aiad commenced dredging on last Wednesday evening. It will take all this week to open up th« ground. There was consequently no wash-up last week. The Golden , Terrace Dredging , Company (Limited) report 2Soz 19dwt 20fir retorted gold from No. 1 dredge for fortnight ended the 26th February. ' , A lteefton telegram says: "'The Anglo-Conti-nental Gold Syndicate have purchased the property of the Golden Treasure Company for £1200. The ground has been worked for the past 20 years, and splendid stone has been taktn out of it. As the locality is a good one it is hoped that the outlay of capital will result 'in handsome returns."