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MINING NEWS.

KARAKA QUEEN. The extension of the intormediate level upon the course of the reef is steadily advancing, and in breaking down colors of gold bavo been seen through the ore. MOANATAIAEI. During the past month tho quartz crushing was only from the development works in progress, no sloping on the being done, The return was 63cz lOdwt •of bullion valued at £1713s Bd. MAY QUEEN. \ This oorapany's return has coma to band, and is as follows:—88 loads of

general ore, won principally from tho Clarken'sand Jlayeß lodes, proluccd 129 oks Cdwts molted gold which realised £340 83 9d. MAY QUEEN EXTENDED. The prospecting Ictbl in process in tho'-Qnehunga seotion of the mine is entering upon a firm but most congenial class of country for gold. The contractors have driven 75 feet, and are makiug very satisfactory headway. KUBUNUi-OALEDONIAN. This Company's return which came to hand yesterday iB without doubt a highly remunerative one. Sixty loads of general ore yie'ded the splendid icturn of 2320zs 2dwt3 of melted gold valued at £6*2017s 3d, Tho managor intimates that the crosscut in progress to intersect

the No. 9 reef is now ponotrating a better class of country. It is to bo hoped that the No, 9 reef will shortly be at hand and charged with the precious metal, TAEARU CREEK. This company's return como to hand yesterday. 410 tons ofare wero crushed, from which there aro 320 ton of tailings for treatment all a future day by cyonide, the total product being £019 12s 2d. Splendid headway is' bciug made with tbo various works iu hand in tbo mine, That of extending the Suuboam level is being energetically advanced, and a good class of country is bcinu entered upon. In the City of Duncdin low level, thereof has opened out to a largo size, and the drive upon its courso is carrying Bffc of solid quariz and no sign of either wall. Rising and sloping over this level ia ro-

suiting in a good olass of ore' coming to baud. Stopinjj operations are also proceeding in the Norfolk sec ion with very encouraging rosubs. WHANGAMATA

Sound development work is boing vigorously carried on in a number of mines in this district. Tlio B-wick Morcing Company have paid '.1:000 in cash lo the owners of tho Golden Mount propcity, which has been under steady development for some time past, and the results a tending these- works havo_ so for proved lo bo of a tcry encouraging chiirocior. No doubt the eyndicato will now negotiate developments extonsivoly. Tbo, Wcntw rth pcoplo havo openod up a fine''reef Irom which good prospects of sold aro obtainable, and purpose extending developments at a greater c'opth. Tho Wbanpamata Proprietary Company havo opened up thiir reef along its outciop for fully three-quarters of a milo in length, for which distuneo it traverses tho Company's area, So far tho lodo has been proved to maintain its general character of a healthy appearance. The ore- in quality is something similar to that met w th whon it was first openod up. The Prince Charlie, lolanthn, Wairoa, Rothschild, Kng of Wbaugaraata, Phoenix, Tamahana, Inca and Queen Annio Companies arc energetically carrying on estensive exploratory works, and in most instarcoH very encouraging results have beon obtained.

(By Telegraph-Own Cobhespokdjjnt.) Auckland, November 2(1. KAPAI-VHRMONT. Tho return for the month came to hand this afternoon, 28507<s of bullion being obtaiuod from 240 tens of quartz. WAIHI GRAND JUNCTION. Pumping has beon stated in theJWaihi Wost section of the Grand Junction property, and the woikings hare beon cleared aud oparalions rcsuraod.Jl . WAITEKAURI REEFS. A telegram from tho mine manager of the Waitekauri Reefs was posted on the Exchange yesterday as follows j—" Have cut tbo outcrop of a largo reef 10ft through about 7 chains below the mouth of the tunnel. It is a fiio body of ttone, giving good prospects, I consider it an important find."

EAGLE HAWK. At a meeting of shareholders in this syndicate claim, held yesterday, it was rosolrcd to form a no-liability company, with a capi a! of f 8,000 in 80,000 shares at 2s each. The following directors woro appointed :—Messrs A. Wright, J. B. Blaikie, H. R. Cooko, W. Sbortland, and J. A. Tboines; lorbl manager, Mr J. F. Buddie; auditor. W. Rattray; solicitors, Messrs Buddie and Button. The Eaglo Hawk adjoins tho City of Auoklaud mine at Tararu, and comprises 96| acres,

POHUiU. Tho option to float this property on tho London market is held by Mr Henry Reynolds (who is now on his way to England). A party of men have been ot work for the past month with encouraging results, So far they havo discovered several well defined reefs from two to four feet six inches wide, and a larßO number of samples havo been assiyed, giving results varying from 15s to £413s lOd, When tho mine is further developed it is intended to get out a trial crushing of several tons. Tho Pohutu is surrounded, and adjoins I ho Progress Castlo Rock, Matawui, Streak of Luck, Nelson, and seyeial other gold bearing claims*

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THA18961127.2.19

Bibliographic details

Thames Advertiser, Volume XXVIII, Issue 8596, 27 November 1896, Page 3

Word Count
849

MINING NEWS. Thames Advertiser, Volume XXVIII, Issue 8596, 27 November 1896, Page 3

MINING NEWS. Thames Advertiser, Volume XXVIII, Issue 8596, 27 November 1896, Page 3