MINING.

Otago Daily Times, Issue 11182, 3 August 1898, Page 2

MINING.

■ ■--;'' THE MACETOWN REEFS. , (From Our Own Correspondent.) * .;. s ■• Arkowtown, August 2. The Glenrock" Company.—The July crushing at | the company's mill produced 2150z 3dwt.siijelted ; : gold from 335 tons of stone. Tbis is a marked . \ improvement on last month's retivme, and. leaves , a clear profit, over and above all working .'expenses, of ;£2SD ? This company has taken up the ! ' Wed of Sawyers-Gully, which is known to be very ; riijh and can easily be worked with the company's water. ... : i Tho "VVestraiia Company are now crushing \ J stone from their No* 9 level, but so far the result : has not come up to expectations. ! . • . , i DKKDGING RETURNS. ■ The Empire Gold-Bredging Company (Limited) ! last wie.lt obtained 18oz 17dwt 12gr of gold for 97J hours' actual dredging ; 144 hours' wages time. i Mr R. T. Wheeler, jun , secretary of the Golden i Terrace Dredging Company reports a return of 4S?oz 6dwt]sgr retorted gold for week ended 30th July. . , , . . SOUTHLAND MINING NEWS. (From Ouiy.Own Correspondent.) " ■■••.•■■ *■ • Invercargill, July 30. Considerable excitement was experienced in j Tuver.'argill on. Friday.oWiug to the arrival of :i ] cutter from f'reservation Inlet with the news that a ;3ff reef, showing gold freely through the stone, had been struck in the Golden Site Extended claim. . The retf is said to be making' south, and is well'defined. A shares, which hart been previously selling at _2s 6d, are now cbtnging hand» at : 43,' and thera is every probability nf their "soott teaching the paid-up limit—viz., 17a j (3d—if the trial crushing of the stone assays as ■ well ; as expected. . , Tbe report jf^rani the Morning. Star mine is! highly satisfactory, o,nd a record cake is expected np next week. A £1 shares, fully paid, which have beon,selling at 9a, are now up to 10s fid, with advancing market, and they should soon be at par again. The new manager (Mr P. J.> Keqin, from Auckland) proceeds to taka charge of the mine in place of--MrXfryis, who has resigned, and it is expected under'the new management good cakes of gold .'trill /tie the order of the day. The Sunrise Company have not been able to do : muchin the working of the new reef, owing to : the flo\y of Water not yet haying subsided,.but the' specimens from the reef show excellent gold. , ."■'•'-. ;*he'waiau. : '■■■'■ ■■-■■;' -i 'I ho Rowallan claim, is stated to have struck the Mead of gold, and men are now opening it out, ! when it is expected: that in a few weeks re- ' turns of gold will be coming in to the credit of the shareholders,' ,•, >. - ' '.. • : • The Belmont .Company are pushing on their dredge, and" are only waiting for the weather to fettle, when the construction of the pontoon will be put in hand. It is stated that an excellent ! deposit, or run* o f go \s is known to exist on the { I property, -y ■•-.-. r . : • NQTES FROM REEFTON, (From1 (3ur Own-Correspondent.) - .'. Reefton, August 2. ' Sir Francis Drake.—The Mine Manager reports : "■On Monday last the south end of tha block of stone was struck. It is about 2ft wide, and carries verygood gold. Twelve feet,have been < driven ao far on the reef, and 12 tons of quartz have been sent to the paddock. The total length of the.level on the line of reef is 76ft, and the dis- ( tance driVenthis week;]6't." . . j ! Curtiberlsiiitt Extended.—The Mine Manager re- ' ports:—"For thin mb.nth the main level h»s been extended 37ft, making a total length of 324 ft, and sl)f t of crbss-cuttfDg on the hanging wallside was also done. I: have taken the hands out of the ;' cro*s-but and started them rising on a small reef j which has 20in of clean stone showing gold." j ■ Keop-it-I)ark.—The Mine Manager reports:— ! "In No. 2 level"the cross-cut now is 187 ft tiin. i There was 10ft of a hard bar, but since then the ' ground has become batter. I have taken a stope ofthe Ridall branch -reef. Thio week we cleaned up the bottom for 1660z lOdwt amalgam from 96 tons, .making'a tdtal for the month of SlOoz amalgam from 321 tops. The retorted gold is 103oz 15dwt." ■■; ; - The". Progress. Mines cleaned up on Saturday after four weeks' crushing for 13720z 7dwt 6gr , gold from 3200 tons.' The value of the gold is ' £55SS 125,10 d.: " ,iy . THE LAKE GEORGE MINES (LIMITED). The Durie&iri "Stock Exchange reports the following for the, period ending July 11: — '■ Mining.—Northern section, Powell's shaft, No.'s 1, 2, 3,. and 4 levels: Sulphide ores have been raised as t usual ;'..stopes filled and repairs effected ivher6 necessary. No. 6 level: A rock drill has been placed in position. "We are now getting the timbers ready, and will shortly begin to stope ore; No. 6 level: The crosscut lias been extended lift; total length, 57ft. During the. early part of the week the country ; rock became softer, and later, while boring, ' we struck such a, strong flow of water as to , necessitate the substitution of a larger pump. ' This done, and ■ after the water had drained off somewhat, blasting was. renewed, and me . side of the lode .exposed. At this point the] footwall is . almost perpendicular, and >t't nearer the- shaft than it is at the 500 ft level. Southern section, Bright's shaft, 60ft level, • Ijas been driven Bft for the week; drive carry- , iiig a nice'though small band of porous sin- j phide. Allan's shaft: Fluxes have been mined I to meet requirements. ". j j Smelting'.—l3s4.4o tons have been treated. I

An Auckland- telegram states that the Waihi gold mine crushed for the month 6845 tons for bullion /valued at £20,722—the second highest return, yet received. . The Royal Oak crushed 20 tons ore and-7841b picked stone for bullion valued at-£I6OO. • . ■ . '