Latest Mining News.

Waihi Daily Telegraph, Volume IV, Issue 1095, 16 September 1904, Page 2

Latest Mining News.

WAIHI EXTENDED MINE

PROGRESS ON THE REEF At tho time that tbo reef was intorsected in the Waihi Extended mine, it was thought by the company that the point of intersection was within a foot or two of tho boundary line of the Grand Junction. A few days ago a survey was made by Mr. M, F, Haszard allowing tho relative position of the companies' properties. Facilities for surveying were affordod by tho connection of tho working levels of both mines, The rcsultof tho survey showed that iho Waihi Extended, instead of intersecting the roef a few ieot from the boundary line, cut it about 30 feet from tho •Junction boundary. The drivo on tho course of the reef is being continued, and tho ore in the faco continues to maintain its oncouraqiug appearauco. At an early date it is intended, wo understand, to cross cut on the reef to tho hanging well, The liino for sinking a winze on the rcof has not yetbeon fixed, but the work will probably be put in hand soon,

WAIHI GRAND JUNCTION MINE

NO. 3 LEVEL

PROGRESS OP THE CROSS-OUT

Binco our hat roport of the development in tko Waihi Grand Junction Gold Com-* pnny'fl mine, work in the cross-out at No, 3 level has been resinned. The work was commenced on Monday lust with three shifts, with three men to each shift. Tho work is beiiiß dono by hand drilling, the more speedy rock drill not boinj> used for fear that its use, as tho cross-cut is so near tho point of intersecting tho reef, would lot looho too suddenly more water than could bo dealt with with safety. By tho uso of tho hauddrills tho water, when tho reef is touched, tlioro will make moro gradually, and therefore ctn be dealt with. Tho No. 2 loyel, 160 foet abovo No. 3 lovol, which is connected with the Waihi Extended mine, bad, at tho time tho eon* nection was elTectcd, been advanced into the Extended property 20 feet. A lino point obtrudes iteelf ns to whether the Extended Company should not pay tho cost oi driving tto 20 feet,

TAIRUA BROKEN HILL TOTAL TO DATE, £57,123 The abovo company havo crushed 550 tons of ore for ut rotura of £ll2B. Tho total amount won to date is ±'57,12316s 3d as uiidcv

AMI SWMBita' 'l'o-day's Noon Call, iir, R, G. Maoky, sharobrokor, repents tlie Auckland Stock Exchange quotations at noon to-day as follow SALES Cnlodouian, Is 9d, Is lid Moauutniari, os 3d, 5a 2d, 5s 6d. (is 7d, 5s Gd ; Albumin, 2s 10d, 2s 9d Victoria. 7d, Saxon, Hd, 9d Extended, 8s Gd Waileltauri, 2s lOd SHIILHRB Kuranui, Is 6d Caledonian, 2s Mahara, paid 7d Eclipse, lOd Moauataiari, 5b Gd Albnruia, 2s lOd Victoria, bil Saxon, lOil Goldon Holt, paid Us 2d con 2s lOd ' Komnta, 2s 9d Mis of Wiiihi, Is Id Wnilii, i's 16s Bench, Oil Consolidated, Is 3d Consols, 4jd Extoiidod, bs Gd Junctions, 60s jSomi), 7d Waitcknuri, hs Blinker's Hill, Is lid Four in Hand, paid up, Is Freehold, Gd Harbour View, -lid Ilftiirfllii, con, Is 9d BOYSBS Kuranui, la 2d Caledonian, Is lOd Mahara, GJd Eclipsa, B.}d Moanataiari, us fid Albumin, 2s 9d Victoria, 7d Saxon, 9d Golden Bolt, paid up Bs, con, 2s 7d Komata, 2s Gd Prido of Wnibi, Is 3d Waihi, i's IDs 6d Beach, 3d Consolidated, 1b Id Consols, 2d Extonded, 83 4d Junctions, 48s Souths, Sid WaiteltHuri, 2s 7d Hunkers Hill, Is 9d Four in Hand, paid up 8d Freohold, 5d Harbour 3d Hauraki, con, Is 5d

In 1000 41,457 8 9 In 1901,455 tons ... 1 792 19 0 In 1902,? 070 fous 23,665 0 9 In 1903 21,268 7 O £'48,183 15 3 January, 190-1,300 tons, 230 Ions slimes ... . . 1,575 0. 0 February, 1904,600 tons 1 1,730 0 0 March, 190-1, GOO tons . . 1.320 0 0 April, 190-1,600 tons , 1,114 0 0 May, 1904,500 tons .. . 1.033 O O Juno, 1904,500 tons . . 1,040 0 0 August, 1904,550 tons „ 1,128 0 0 Total to date ... , , £57,123 15 3