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MINING NEWS

THE L«TEBT REPORTS. BONANZA ■ ■ . ' I The report tc be submitted tot<he meeting of shareholders in the B'oup.nza Goild Mining Cbinpany states; that in tlio lower le\^el a. drive has been started on a leaden 1 at a. point. 1800 ft in fioui the mouth of the main level. So fa.r it looks, firm. The manager, in his report, states ( that the leader is fromi 6in to 12m ■wide. A big stream of wUter is conir hi.s: out of th*? nomth side of the drive, vhich the mianygei* taikes to indicate the presence of a reef further north. A little.east'there i\ an outcrop of a. reef-o-iii the surface, | wlhicli S't'tein-si to be a. atj'ong body of qjiwrhz. Tho cash sto.te-me.nt to. October 31 showed receipts £418 15b 9.3. o-f which £314 15s lOd Was from cmilk. The expenditure left a bank feki.ln.nice of £223 3s.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS19121207.2.39

Bibliographic details

Thames Star, Volume XLVII, Issue 10380, 7 December 1912, Page 5

Word Count
146

MINING NEWS Thames Star, Volume XLVII, Issue 10380, 7 December 1912, Page 5

MINING NEWS Thames Star, Volume XLVII, Issue 10380, 7 December 1912, Page 5