MINING.

Thames Star, Volume LIX, Issue 16787, 14 May 1926, Page 5

MINING.

THE SHAREMARKET. At the morning call on the Auckland Stock Exchange the following are the figures:— „ ~ Buyers. Sellers. Alburnia 6/7 6/8 Lucky Shot ... I/ - 1/6 New Waiotahi ... 1/8 1/10 .Moanataiari ... 2/7 -2/11 new” WAIOTAHI. The following is a copy of a telegram sent this morning by the Superintendent : “Reached footwall of mam reef about 15ft. wide, driving hillward on footwall commenced.” ZEEHAN The Mine Manager’s report for the week ended May Bth states that during the week the east crosscut was advanced sft., making a total of 24ft. in the crosscut and 35ft. from the hanging wall of the north drive, 33ft of which is in reef formation. The last 3ft. driven is in what appears to be the footwall, and is composed of quartz stringers and hard country heavily impregnated with iron pyrites. As there is still a strong flow of water coming from the face, we will crosscut a few feet further before, starting to drive along the footwall. As it is, we have cut through 10ft. of splendidlooking, hard, puggy, heavily-mineral-ised quartz. The determination for all mineral values is not yet completed, but will be sent in as soon as it is. THE NOON CALL. i(By Telegraph.—Press Association.) AUCKLAND, May 14. Sales on ’Change.—Alburnia,. 6/10 to 6/7; Wilson’s Cement, 35/6; Huddart Parker, 44/3. Reported sales. —Taranaki Oil, 12/-.