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MINING NEWS.

BROKEN EpiLXi SBBOIAI» CLAIM {Tajrva,} The owners of this property, whjoh is a block of 00 acres in in the abovo district, have pufc through a jiaicel of general ore, 18Jowt, at t'.ie Thames School of Mines for the highly remunor. ative yield of 50ozs of bdllion, value 25s per oz, tQtal value £70, or at the rate of £80 per ton, The complete way tho orutshing wa9 carried out is a crodit to the School, and it stampß tho plant na one of tho best in tho colonies, In thq treatment of this ore fully 90 per was extracted, and although' tho. Director's report is not yot hand wo learn that thp treatment was dry crushing a\xd tlieh Hot Pan amalgamation, which ia thought to b'o tho host, method Qf treat, ments for this, particular daps of ore, Tho aamplo k a gonoral one brokon' out for a thicknostt of 708 foot. KIRI KIBI GOLD FIND. At tho invitation of Mr Malcolm Fleming, a number of gentleman proceeded to tho abovo find on Tuesday for tho jurpoao of inspecting tho sovoral lodes recently unearthed in that locality. The party returned loqt night well p?ised with what they had boou, and from henceforth tho district in quootion will ho better known to tho gcnor.il

public, than it has boon in tho past. Ono of thoso who visited tho scono of operations, and who is thoroughly compotout and .capable to judge, suppliod ue with tho following: - Tho find is situatod on the main nmgo about 10 miles distant from tho Tlinraes and tho only road open at present is via the liauaeranga wlioro'you can ritlo ovora part of tho journoy nnd tho litftor part of tho (listunco you Imvo roc to tramp it. It is tho

intention to cut moid in from tho Kin township up tho banks of tho stream, whoro you can trayol over tho ureatnr 1 art of tho journoy on a comparatively speaking flat road. This outlet will no doubt ongap.o tho attontion of

thoso interested aftor thoy hnvo givou their lodes a thorough trial. However, soveral lodes havo been unearthed, varying in sizes from two inohos up to four foot in thickness, and at tho timo of tho visit of tho party, three of tho lodes hod been stripped and broken down in thoir prosetico, One lead Uo to four inchon thick whon broken down produced several pounds of picked stone, similar in quality to that exhibited in Auckland, and worth fully 2ozs to tho ton. Thcro is no doubt of tho gonnino character of the discovery, becauso upon breaking dowu tho larger oro bodies soveral pieces of rich stone wero selected from amongst tho Rcnorul ore, whilst numerous colors of tho precious motal woie also freely soon. Tho country surrounding these bodios is of good quality, and from tbe qencrnl appearance of the sandstorm right along tho reef belt, there is every reason to be-

lievo that the present find, whon thoroughly developed, will lead to highly important results, imd in all probability eventually turnout ono of tho lichost sections on tho Peninsular. Wo congratulate tl'o Mossrs Flora ng Bros., and trust they will bring to light an important uoldfield.

NKWMOANATAIAItI. Tho manager of this mine, M*G. S. Clark, forwarded a most important telo«rnm to the head oifloo yesterday, announcing thjtt he had sconrcd 50lba of specimen ore from tho Rouben Parr reef, and also that there was gold Httll showing. Tho information is very encouraging, and taking into consideration that the present developments are entirely new, aud in an intnofc section of country, too muchiraportanceoannotbeattachedtothe find.' Another great feature is that when the British investors receive the uewa, it will bo very gratifyin R io, ftom to know that they have, invested their capital iu a eold producing concern, The fact of the j Jode traversing a good ohannol of country! u ample/we should say, to leave room 'Mor hope," and now that gold bos been discovered, and these developments advance, there will always be a feeling of expectancy of a atill further improve, ment being evidenced, It must bo born in rfli«,d thut tho Reuben Parr reef can be < interseoted by oxtending the main adit straight 'ahood. This would open up a section of country wherothe Reuben Parr and Golden Age reefs junction with one another, and a* $0 former is a lode

charged heavily with minorals, it is only reasonable to surmiso that the association of these two important quartz bodies would result in the production of some' thine; of importance, VICTORIA. Tho manager reports; "At the No, 1 level, the cast and wost drives have been extended along tho courso of the new reef as follows ? 'I he western drive has now boon extended a distanco of Soft from the crosscut. The reef in the face is split up into two small veins, from 2 to 4 inches in thioknoss, In tho drive there are no signs so far of the Imperial slide or broak. The eastern drive has been a distanco of 71ft from the prosscut. The country round the reef is rather tight at present, and, in consequence, tho progress has been somewhat slow for tho past week. Tho reef continues about 18in in thickness, and the indications, aro similar to those at tho adit loud. Tho drive at tho adit level, along the courso of the same reef, has been continued cast, Tho reef is fully 18in in thickness, carrying the same good indications, and frequently a little

go'd is seen through tho ore—T, A, Dunlof."

GOLD RETURNS.''

The foliowinjjaro Hie gold returns obtained from. t|ic oruslnngs of tlic local mines, which have taken place during the four weeks, from the 19th January to February 21st. They show an increoac of £2801 over the previous month's results:— i }l>ul\von. Vplnc. ' bj, dwt. £ s. d. May tons.. ~ 479 0 135212 9 Moauatairi, no tons.', .. 147 0 39719 0 Victoria, 77 tons .. ~ 235 0 6SO 10 5 HazeUxmk, 37 tons .. .. 23 6 64 5 4 Cambria, io tons ~ .. 19 X fio S 9 Varnru Mines, 100 tons •• 107 17 34715 0 little Willie (Karaka), 50th 1716 50 0 0 Total ~ .. „ 1029 7 2943 u 3

The Sharemarlcet

THAMES STOCK EXCHANGE. Wednesday, 4 p,m, Sales— Scanditmviftn—7d, 7Jd BUYKItS— Crown—f)ss Cambria Is 4d Moanatairi-8s New Wbau-Od Victoria—3s lOd Cardigan—ls Sd, Wftio.talu'--£>s J Crown—Bis ! May Queen—7« ViotQvia—4a Piwiri-lld Talisman Extended-Is 8d WaloUhl 28s AUCKLAND SHaRKMARKET. Auckland, February 26. The following quotations were issued by the Brokers' Association at 4 p.m, :— Sales— Cardigan— Is (id Puru Consolidated—la ty\ Victoria-lis lCd Golden "link—7d Midas—ls ?d Id Golden Flwcc— H :t,nipcrja,Ma tyl Ivanhoc-r-S)il Queen of Wami-L's 10.1 Talisman—'.tefld Talisman Extended—ls fid Waihi Extended-Oil Waihi Consols-Is fld Woitetauri No. 4—2s h\ Bunker's ITill-Gs 3d Four-in-llind—ls BuYßlts— Adelaide—ld Alburnia Extci%l—3d Broken HilMd Cambria-Is fid City of Duncdin-ls 2d C-irdigan—ls fid Corostock—sd Hwclbank—B»

Albumia—4a fid Moanntairi—Bs 3d Norfolk-2s Cd New Whau-b'd Puru "Consolidatod—ls Scandinavian—7d Victoria-—3s lOd j Waiotabi—2ss [ Aorerc—la 2d j Golden Link—Od Invicta-3d KnpaUVormont-6s I'd Knaolunu-ls Maori Droam—ls 4d Midas—la 3d Waitaia ,'ls %on Bay-lOd Central—lb Crown—3s3 % Dawn—id Grace Darling-la 5d Golden Fleece—6tl Huanui—ls Imperial—lß 4d lvanhoe—Bd King of Waihi—Gd Nil Desperandum-s*d New Zealander—3d PoTtsca—fijd Qaeen of Waihi—2s lud St. Pf.triok-5d Talisman—9s Gd Talisman Extended—lb id Victor—2s Waihi Consols—la 5d Waverley—lid Woodstock—.lß3 Od Wealth of NationMd Waitokauri No 4—2s 4 d Waitekauri No. 2-fid ' Young New Zealand—la 2d Bunker's Hill—Gs Goromandel Freehold Proprietary—le3d Four-in-Hand-lld Golden Hill Extended—ls Hauraki No. 2—ls Hauraki South—ld Hauraki North-Is 10d Harbour',View-3d New Golcnda-ls U NcwTokf\tea-,-]s3d Pukow-bwMd Welcome Find—] a !)d

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THA18960227.2.25

Bibliographic details

Thames Advertiser, Volume XXVIII, Issue 8364, 27 February 1896, Page 3

Word Count
1,259

MINING NEWS. Thames Advertiser, Volume XXVIII, Issue 8364, 27 February 1896, Page 3

MINING NEWS. Thames Advertiser, Volume XXVIII, Issue 8364, 27 February 1896, Page 3