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MINING NEWS

(By our Special EdporleiM WHANGAMATA PROPRIETARY COMPANY. , This company's main veil continues to oppn up most encouragingly, and for a length of over 200 feet, whom it Iws been driven upon, iho ore is quite consistent in quality to iliyt met.with on the snrffiop. Seveial gentlemen who Invc seen tho reef nr.il who are lioirrpptent to form mi idea of the value of the ore are of opinion that, the company hns n very 1 righ , future before id, ■ KAEAKA ' INKS. TV Austin Fiinr's Syndicate, who have tnkrn over tho nl'ove property, I hnye "oppii operating for.some time past, and since commencing they havo enlarged and repaired the olp Atlantic tunnel for a length of 300 ft. They purpose when they meet the solid fnce to extend tile drive forward to the Hague-Smith crosslode, and drive along its course, the chief aim l.eing to meet wiUithe junstionof the various Iwles trending the opposite strikes, and forming a junction with the famous cros.i v ode; The development, conducted as it., is at a stlwtanV'al elf pfch> should open up an important section of auriferous country which traverses this itine from north to south.- Two lodes have been intersected in this low level", one of "which is reputed to have produced gold at the rate o.C 7dwts to tho •ton, but very little work has been done upon it, and no doubt tho company will drive upon it towards where it should junction with the Ilnpue-Smith. A large Amount.of gold hat been obtained from the surface sections but no HtU'Uipt has ever been made lumijon)

the lodes at the deeper areas, although a good deal, of development work Ims been carried out from time ( to time.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THA18970323.2.35

Bibliographic details

Thames Advertiser, Volume XXIX, Issue 8692, 23 March 1897, Page 3

Word Count
286

MINING NEWS Thames Advertiser, Volume XXIX, Issue 8692, 23 March 1897, Page 3

MINING NEWS Thames Advertiser, Volume XXIX, Issue 8692, 23 March 1897, Page 3

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