Latest Mining Hews.

Thames Star, Volume XXXXI, Issue 10457, 4 November 1904, Page 3

Latest Mining Hews.

KURAMJT-

PROSPECTS GOOD.

PICKED INTONE iSHCIUBBD'-

<Ehie managlelr i(M}4 CfaMftord)] itfeparted Uiist- eveningl to his directors that in the breaking down: he had Be'cmired ore: shoiwing strong! blothes.' ot gold- The manager was somewhatmodest, in describing' the ore as he did, for~\ve bavesaen itaud it :>:■ fit to be' ■dalled good picked atone- Mr Crawfordl says the gold bearing ere is found right acfossi the reef, not in 'ai Ivein funning ja.lone: either wall-

If the prospects continue to' improve fli9 they have for the past, we^ek, it. is not too* much to expert that a. deposit of large dimensions may b© mot with. The drive twenty five feet lower than the present Tevel?i now in nearly 15 feet c.n<i the reef maybe inte" seated at any time. The ore on hand ii waiting for repairs- to the Shellback road' 'before it can ibe taken to t.'ie ib.at.tery- If the lode improves itt is possible that the shaft will ibe sunk 140 ft to the low level, known.as the battery level, which will enable the ore to 'be delivered! at the battery with only one handling 1, instead of as .at 'present gtoingi tfonind, by the Shellba'ak road and being! handled three times- The battery can hs put into order foi 1 £100- The company will from, the reoent sale of shares and; the money from the> new isou* have sufficient to sink, the shaft and repair the battery. It is •satisfactory to know that no call will bo; made for some months, even if the money in hand is expended in the way su;ggestedl- The prospevts of the company have never ibeen us bright for the past 15 of 20 years.

* LORD PLUNKET CLAIM (Opitonui)

Tlie reeiult of the experimental trealnient of f-ton of quartz from, the Lord Phinket claim at Owera, Opitonui, which was caiTied cut at the lodal Sbhool of Mine® wfia as under: The quartz assayed at the rate of £3 par ton' By cyaniding an extraction equal to £1 j>er ti>n was secured-