Intercolonial.

Otago Witness, Issue 181, 6 August 1886, Page 13

Intercolonial.

The Silver Age of July 17 publishes a statement of the amount of silver and bullion produced at the Broken Hill Company's smelting work 3 from May 6 to July 15 — ten weeks in all, with only one furnace in blast, the second being shut down for want of coke. From this it appears that 2237J tons of ore wero treated, the silver yielded being 235,9100z, or an average of 104£oz to the ton. The result is : — Value of silver at 3s 9d per oz ... £13.308 2(J Value of lead at 80s per ton ... 2,057 1 3

Gross value of bullion produced

£15,365 3 9

During the week 1700 bars (63.{- tons) bullion, valued at £6009, left the works for Adelaide.

The South Australian Government prospectors are not meeting with much success, and Dho Warden, who has recently visited the various localities in which they are engaged, reports unfavourably of the results of their operations. There are altogether 127 men still prospecting.

The Western Grazier's Milparinka correspondent says, with regard to the Mouut Brown diggings, that the rush at New Bendigo is still causing a little excitement. Wissell got a 2oz specimen. Bendigo also got a 2oz nugget. On the reefs furcell and ' mate came across a nugget between 12oz and 14oz. They came here about ten weeks ago, on their way to the shearing, and got 18oz out of their claim. Richards and Son, at the One-mile, Mount Brown, got loz to one dish tried in a prospect. At Charters Towers (Northern Territory) the calls for the month amounted to £10,125, and the dividends to £22,475. The calls for the six mouths just ended were £53,727 12s 6d, leaving a balance in favour of dividends of £39,747 7s.

At Carcoar (N.S.W.), Mathesoij and party (Robert Burns claim), finished their fourth crushing, the result being 720z gold from 11 tons of quartz. The reef averages Sin. The first three crushings realised 690z from 20 tons. The Balmoral claim has washed up for an average of 2oz to the tons. The prospects are at present equal to 3oz to the ton. The Lucky Hit crushed 14 tons for 230z.

At Lucknow (N.S.W) a cake of gold weighing 4330z has been exhibited as the result of a crushing of a bonanza weighing 24c\vt. from the New Reform. In addition to this baaaza the mine has during the last four years, yielded gold to the value of £31,704, besides ore now afloat which is valued at £5000.

The half year's return of the North Queen Gold Mining Company (says the Queenslander) shows that during that period 2471 tons of stone have been raised and crushed for a yield of 33330z of smelted gold, being an average of loz 7dwt per ton, with a total value £10,915 16s lOd out of which has been paid away £1110 10s 8d in a new shaft for wages alone, and £3600 in dividends, or 3s per share. By a tabulated statement of the produce of this mine since starting in 1882, it appears that 12,949 tons stone have been crushed, yielding 24,9290z smelted gold, averaging from loz 4dwt 9gr to 4oz Odwt 21gr. The total value of the gold is £80,048 13s sd, and dividends have been paid amounting to £40,170 10s Bd.