MINING NEWS.

Thames Advertiser, Volume XXVII, Issue 8164, 2 July 1895, Page 3

MINING NEWS.

NEW WHAU.

The manager reports:—" Driving has been continued during the' past week, and that 20 feet has been driven during that time, making now a total of GO feet from the. top of the rise. The country about the reef is the same mentioned' in my last report, and the reef as far as we can sec looks very favourable for gold, Inft you will" remember that we arc only driving on the footwall of flic reef at the present. <T will have a good long distance' of the reef to take down, as,; soon as I can get the necessary air required for the men to-work with,, and then I hope to be able to give a.good'account of the reef.—T. Radi'ok'd," \"'-'\.;:'-,'' ■; ' ~;

.V "'\' : HA2iISLBANk.: ; ; • The manager reports as follows:—" The Iri've from the intermediate level on No. 1 ■eef, being driven lo connect with the rise, lias been extended 1(5 feet for the week, mak-

ing (a total distance of 39 feet from No. 1 ieef, The country, though somewhat tight for speedy progress, is of an excellent description for gold. The difference between the hick of the rise and this. level is about ten • feet, and as the air passing up the rise is'not sufficient to allow work to be carried on to advantage? it would be advisable to continue the drive until the No. 2 reef is

let with, when communication could be

more readily effected by means of sinking.. Four men have been engaged during the week stoping on the cross reef above the No. 2 level, .but the reef has not shown any improvement. It is somewhat (knocked about by- the occurrence'of clay heads in the surrounding country; however, the quartz contains very favourable mineral indications, and as soon as the country is more settled, ore of a better class should be obtained.—Jamks Coutts."

HAURAKI, The yield of gold obtained from the ore treated at the Hauraki Company's own battel y during the month was 3,2740z5, and this at £3 2s 6d per ounce gives a money value of £10,231. It is no wonder that with such rich returns from this splendid mine a large amount of the attention of investors is directed to Coromandel mining properties. It is rumoured that the Hauraki got another haul of Sdwtofrioh specimens immediately after cleaning up-for the'month. This is a splendid start for next, month's yield. From private advices to hand \vc learn that the run of gold is very extensive, and is now within a few feet of the Bunker Hill boundary.

1 . MAY QUEEN. The manager.wirecl ye U relay:" Crushed 459 loads of general r q>iartz arid 80!bs of picked Btonp, for the yield of 5820zs retoried gold." The above return is not as high an the preceding month's yi»ld. This is due to the amount of picked stone being much less than that treated last month. The general ore is nevertheless highly prolific, and shows that the avenge grade of the ore is very consistent. The manager intends lo resume the s'nking of the wiozp" this week; that is, if the wa'er is all out. The dri»e on the No, 4 reef, at the No. 4. level, is penetrating a splendid 'c\m of sandstone, and there is a marked improvement both in the.'No. 4 and north-west lodes, gold showing freely ia botbbodits mentioned.; The same remark applies to the Treutoo section. In this section, the ore, is ex eptionaliy high-classed, and shows dabs of s'roog gold welldistrinuted'through the general quartz.

.NEW ALBURNIA. The manager of this mine h s banked 20oiH of gold, which was secured from the treatment of some tailings that ha<l accumulated at the compau/a battery during the recent crushing, i NEW MOANATAIEI. The manager wired yesterday: " Binked I22rz< retorted gold, treated 131 tons ol graenl quailz and 601i>s picked stone, ai d 135 tons surface material. Sepaate yielda: quartz, 112*za; suiface, lOozs.—lt. S. CUHK." ROYAL (Tapu). Exnllent progress is being made with the low level crosscut in he above mine. The contractors have extended the level a further distance of 14ft for tha" week,, making the tctu* distance so far driven 102 ft. The covntry penetrated is of n more congenial description tor both progress and gold, and if the same class of country should exist right up to the reef a payable class of ore will almost certainly be met.

THE ZEALAND!!. A very important report upon the immedia'e and future prospects of the mine has just been made by Mr Park, of the Thames School of Mines, and Mr Hodge, the manager of the Hauraki mine. It is understood that the report ia of a Vvry favourable character.

SHABEBLSIIKET.

Monday, 7 p.m. The following are the latest quotations :— SALES— May Qneen-88 3d, 8s fid, 83 9d Moanatairi—Gs 4d, 7s Crown—3ls Zealandia—2s lOd, 3s Bunker's Hill-Is lOd Kapai-Vermont-4s New Whau-ls 3d New Bonanza—2s 3d Eoyal—sd Zealandia—3s Buyers— New Wrau-ls 2d Zealandia—2s 9d Sellers—. Hazelbank—4s 3d May Queen—9s Moanatairi—Cs 9d Orlando -9d Broken Hill—3d Kapai Vermont—4s 8d New Whan—ls 4d Occidental—7d Royal—s Id Sheridan—lodWailekauri No. i -Is 3d Zealandia—3s Id Members :-MessrsW. S. Styak (Chairman), J, Frater, L, Mclhosc, J, Wilson, find J5. F. TWt

AUCKLAND SHAREMAHKET. AUCKLAND, July 1. The following quotations were issued by ) the Brokers' Association at i p.m. to-day:— Sales— May Queen—9s Moanalairi—7s Norfolk—ls Gd 'Crown~3os / Silverton—lis 'Grace Darling—2s , Now Bonanza—2s 5d ' United—Hid Wealth of Nations—ls 2d 1 Victor—3s Od 1 Waitekauri No. 4—ls 2d » South British-Is Kapai-Vermont—3s lid Try Fluke-7s Hauraki Extended—Bd Zealandia—2s 9d i arbour View—ls Id Bunker's Hill-Is M Southern Cross—ll Id Buyeks— Alburnia-DsGd Hazelbank-3s lOd May Queen—Bs Gd Moanatairi- Gs Norfolk- Is Id , NewWhau-ls ' « Monowai—2s fid Crown—2Bs Gd Silverton—l3s 3d ! - Grace Darling—ls lOd Talisman—los M ' New Bonanza—2s 5d United lid 1 Wealth of Nations-Is 2d AlDlia—3a 9d . Victor—3s 4d WaitcbuviNo. 4„ls2d - Kapai-Vermont—3s lid ; IJauraki—2ls . J •; V Haurakt Extended—Bd ■ ij '.'•'Welcome Find—2s 9d * Zealaniia—2s Gd I Harbour View—ls Bunker's Hill-Is Gd ' Southern Cross—lOd Sellers— Cambria-ls 9d J Victoria—ls Id * City of Dunedin-ls 7d Sheridan—9d ° (■ceidental-CJd " , Kapai-Vermont—-Is 6d r Waitekauri (Golden Crost)-ißa IVaverley—9d Marmion—lOd Golden Treasure—lOd Owharoa—3s lOd Imperial-Is Ivanhoe—ls Id ! Bed Gaunlet—ld Puriri—nd Woodstock North—(ld Shotover—9d l South British-lid ] Stanley—9d . ,„ Try Fluke—7s a | Venus—ls 8d jj Waitaia—ls fid • p, Invicta—ls 8d ]} Phoenix—9d Golden Hill-Is f d 0 f Golden Hill Extended—3d cc HaurakiNo 2-ls!)d Hauraki South—ls ar Golden Lead—9d pi Golconda—Bd 0 f