MINING.

Otago Daily Times, Issue 16239, 24 November 1914, Page 7

MINING.

The north drive ut the low level, New Waitaia. mint 1 , Kuaotunu, has been extended i<2it. Injce looking qaariz was showing oil a black Hal lu.otJ, wjhcu had come in Iroui tne floor, and go.d was fciiowmg freely 111 iiumurous seams well distributed through tnu ore. ilie manager of the Watchman mine, Thames, reports that in the main level, JNo. 1 i*u>, tile tace ol ttie drive lias been extended Hit, making a total >o£ sbit from the north end ot tne No. 1 rise. A portion ot tlio reef broken out measured about 4lt 6in wide, with a cicau tootwail, but no denned hanging wall. Trie quartz was of a lniii description.

NEW BIG RIVER MINE. (Fbqm Ooa Own Cobhebpondknt.)

GREYMOU'IH, November 23.

In No. 9 level in the iNew Jiig River mine (depth lb/sft) a new lode iitts been cut. The widtn bo far ascertained is 4it, with no footwaJ yet showing. This discovery is one oi giual importance. From the fact that it ie entirely virgin ground, and located at the .great depth of 137&U, it may be assumed that it will como up to tne surface .Should this bo the case, the lifo of tnw woiKicnul mine is oniy starting. The Mines .Deportment recently sfcatod tnat the ore was increasing in value in tho deej>cr levels, and at the depth of 1375 ft was the richest in New Zealand. This company, has produoed gold to tne value of £180,244, and lias returned £84,000 in dividends, besides erecting out of tne profits machinery qualified to work the property to at least iOtXJit deep