MINING NEWS.

Thames Advertiser, Volume XXVIII, Issue 8615, 19 December 1896, Page 3

MINING NEWS.

(By Our Speciul Reporter.) nonpareil; The advancement of the low level crosscut has bsen steadily proceeded with dating the week. In the face at the present' time > thero. is evidenco of a change of some sort coming in. Mr Oartwright says that the downward continuation of the Liverpool Boys' reef should now bo close at hand. A total length of 80 feet has been driven' Bince the commencement, and the progress made is satisfactory indeed. ... .VICTORIA. , Developments in this company's mine have so far shown that tho lodo under operation produces ore of a very averago quality, and the success whioh his thus far attended the developments noes to show that il the company was in possession of ample capital wherowi'h to extend their works «nd exploit the large lode system in their mine, their present reef would bo a great factor in assisting to make n largd section of lode matter standing; in various parts of the mine profitable to treat. Thero is no doubt but that the company have immense ieservesof ore of alow grado

charaoter, and whioli, if operated upon in connection with the lode now producing such splendid results, would make the, mine ' a dividend paying concern. The past history of this mine as a gold producer is only too fresh in the minds of the raining world, and it is a well known fact, and an important one too, that largo blocks of tround, whioli under present conditions are too poor to be h»ndled, could be rendered hvailable as profitable ore if the company had only sufficient capital to commence the developments in the dirrotion indicated, . The future of the Thames goldfield depends upon tho successful mining of the deep level areas, und it is only by attaoking tho lodes where their continuity is certain that profitable operations can be conduotod on a permanent basis. The repairing works in progress at the No. 4 level are completed, bu'. a start will not bo mad* to extend the developments until after tile holidays. A simi'ar class of crushing material continues to be won from the stopes under operation, and there is every likelihood of a steady output coming to hand from here for a tery lengthy period.

(by telegbahi—own cobrespondent. ) ' Auckland. December 18, HARBOUR VIEW. The ordinary general meeting of the ibove was to have been held yesterday, )tit lapsed for want of a quorum. The )alunce sheet showed that, including jalancß in hand from the last, half year, ;he receipts bad been £557 14s 7d, the jalance in Bank now beinn £45918s Bd, rbis included £225 paid for opt on of the property. GOLDEN HILL EX TENDED. The meeting of shareho'ders in the Solden Hil! Extended lapsed yesterday, The receipts, including £231 iu hand at tho commencment of the half-year, ivere £578 8s 2-1, and the cash in hand, no, now, £169 6s Ud. The mine Manager's report stated that there were ioven gold-bearing leaders crossing each )ther appa<ently, which must janotion somewhere in the Company's mine, INVICTA. Tho half-yearly meeting of shupiv holders in. tho übo>o was to havo been neld yesterday, but lapsed for want of a luomm. The raueipts, incudin,' a balance of £16•', amounted to £169 10s 2d, tho balance in h*nd,otc, at the close of the bait-year being £183 10s Id. Dm ins; he period named 420 fceioros.B' Butting, 152 feet prosp*ctinu, stopins on r-ef 15) feet, riainz and sinking 145 feet, had been done. There had been 35 tons of quaitz and fire pounds picked stone treated for a return ol 59 z lldvrt, and at present there were'about l't tons quartz and five pounds pi ked stone ou hand. • ALERT. Yesterday the annual meeting of shareho ders in the A>ei t Goldrnining Co. was held, Mr Straihern presiding, ibo dirootots' report st ted that they hoped suon to complete tho »alo of tho inmo, the'noffs to hand so far bang satisfactory. Lately in puttin.' in a low lavel drive two leaders had been cut, both of whioh Lavo colours of fzold, Ihe stato meat of accounts showed the receipts for the year ending November £0 to bo £8!7 6s 3d, and expenditure £641 9s 4 'i lcaviiga ba'aoce in hand of £175 16* Ud. The report and balance-sheet wore adopted. Tho retiring directors, Mossra Johnston'and S'lathorn, were ro-olfcied, and Mr W. A. Kni.ht was reelected nudittr, '1 he chairman said tha«. th« first call realised £99 133 9d, wbro tin second brought as much as £2411 5s 5d

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