LATEST MINING NEWS

Waihi Daily Telegraph, Volume V, Issue 1307, 20 April 1905, Page 3

LATEST MINING NEWS

' . The Waihi Extended Purchase of 40-Btamp Battery Crushing lo be Done at Thames (Special to tbo Dint Tiuowph.) Thahbb, thii day* I OHDSRATAND that the direotors of the Waihi Extended have concluded negoiiaticns for the pnrcbaae of the RautakiGolden Age battery of 40 stamper, and intend to put the battery hi order bo as to have the quartz carried from Waihi by rail. The deoiaion has been arrived at beoause, whilo the water supply at Waihi is believed to be inadequnia, ample power will be available at the Thames. THE CHAMPION Turn, thii da;. Splendid reports have been received from the Champion mine at Nevosville Two. tow of general ore crushed for a trial have yielded 7j ouncoa of gold, valued at £l9, THE WAIOTAHI (Ipwiil to th« Daut TummnO Txakzi, this day. I have visited this mine, and find that the work is beinn vigorously prooeeded with. There are now about 40 men engaged in and about the shaft, which will be down to the required depth ,(60 feet) . within ten daji. The drive from it to the chnti of the old wall will bo commenced in Mo. 1 stope on the reef. Mineral veins are being broken out and dab* of gold discovered in the ore. Mineral veins are : wide, and are good looking, us in the. level below, winch showa no indention of running out In the stope, 20 f< el ol reef is bt-ing taken iimyail of which goes to the battery. The manager is carrying the stope west on the reef fully 80 (ert from Where the rich ore was found. The reof although not so big, is yielding ore good enough to go to the mill. Altogether the prospects are good, and ibe directors are to be cbngratulaud foribe vigorous way the mine is being worked.' (HMD shieihiet. !lr. ft. Q. Macky, sharebroker. report ß the Auckland Stock Exohange. quotation 8 at noon to-day as follows <V:t;tv'. (ton ilalli SALES Kuranui, 91 Oaledo'iiah, Mty Qiii-eh, Md, la 8J ViooriH, Is 4d Wmptuhi, 20a, 21?, 20-i 6d . Eitendcd, 8s 4d, 8s 6d SBLLBB9 ' Kuranui, Is Cihdoiiian, 'is 6d May Queen, Is 9d .Moanatairi, 2s 3d ■ Monawai, 6d . Una, Sid B'ixon, IOJd Victoria, la 6d Waiptihi, 21s fid : Moanatairi Extended, 9d, con 4Jd .Coronation, con 4|d Crown, 4s 2d Koma'a, 2s Pride of Waihi, Is 7d Talisman, 10s 9d Waihi, £6lßs Beach, 9d Consolidated, 2s 2d Extended, 8s 8d Junctions, 70s Bunker's Hill, lOd Freehold, Is Id ' Hauraki, con lOd Oak, con 7d ruypß' Kuranui, 8d Caledonian, 2s 4d May . Queen, Is 7d Moanatairi, 2s Id Monowai, 3d . : Una, 3}d ; ; Saxon, BJd Albnrnia, Is 8d , Viotoria, Is 3d Waibiabi, 20k 63 Moanatairi Extended, 6d, con BJd Coronation, oon 2d Crown, 3s lOd Eomata, Is lOd Pride of Waihi, Is 5d : Talisman, 10s Waihi, £6l6s 6d Boacb, 8d Consolidated, Is lid Extended, 8s 6d . Junction, 60* Banker's Hill 6d Freehold, lOd { Hauraki, con 6d Oak, con 3jd"