LATEST MINING NEWS

Waihi Daily Telegraph, Volume V, Issue 1424, 7 September 1905, Page 3

LATEST MINING NEWS

THE "WAIHI COMPANY Ins latest roport upon work in the Waihi mine is is follows: —Ho. 7 level. Lin- ; pire lode—The western drivo has been id- • vanced 45ft during the pQi'ioQ, fflftkiog a total distance of 332 ft; 6ft of ore i" "P°»; l ed, find do walls visibld for the hit 20rj 1 driven. The average value along m level ' from 270 ft to 324 ft is, gold Bdwt 9gr, silver loz 15dwtl0gr, per ton. At thi : 288 ft mark, the full width of the lodo is 31ft, On tho north, or hanging wall side, the lode is highly mineralised for a width ' • of 6ft, beyond this the ore might be termod • free milling.. Of thii body sft assays 21s fid per ton, and the reuiindor aviragas ' ■ 12Jdwt of gold and 4oz of silver per ton, Martha,lode, west drive—This has reached a distance of 25 ;t from the north aoction junction; sft off; exposed without • revealing the walls. V T"» avirage valm • from 206 ft to 224 ft is, gold 12dwt l»r, silver Boz 2dwt, per ton, Tho fnll width of the lode ii now ; being proved by » Btoiscut front the eni of tha drive. East drive —This has jbeen driven 280(1; from ;;/ {he north soction junction; oft of ore oxposed and no walls seen. Tho average • value from 233 ft to 278f0 is, gold loz 3dwt 18gr, silver, 2oz 12dwt sgr. At 275 ft the fall width of tho ore body is 17ft, and carries an average assay value of, (jold loz 6dwt9gr, silver 4oz Bdwt 20gr, per ton, The oro is chiefly sulphides. No. 6 level: Royal Lode-Wo havo regnmGd driving the western drive, which has roaohed a distanco of 886 ft.; sfi of ore ■ exposed, with tho footwnll ih hand, Value from 368 ft to 876 ft, gold 6dwt 3gr, silver 4ozs lldwt 21gr, per ton, Snake pass has attained a depth of lOOfi; 3ft of ore ox- ' posed and no walls seen. Average valm ' from 50ft to ,90ft, gold loz. ldwt. 9gr. silver 4oz 18dwt 13gr par ton. Grub p»ss his beon sunk 98ft; 3ft of ore exposed and no walls seen. Averago value from 50ft to 91ft, gold l4dwt 21gr, silver loz 2dwt 12gr I per ton. Empire lode-Muir's pass has reached it depth' of 151ft| thi diitanoo ' required to connect with tho below. ■' Hicks' pass has beon resumed, and *■•>!; 12ft; total doptb, 90ft. Averaqo valuji '" '■ 80!t to 85ft, gold, 7dwt 14gr, silver i.. • ldwt per too. Beginnlodo (sooth section) ' west drivo—A total diatauco of 384ffc is Moordod from tho north crosscut from No. 1 shaft. Driving is discontinued at 275 ft, and a rise known as Jonesonhas been commenced, and risen 30ft; 3ft of ore exposed and no walls ssen. The value up to 15ft ; ii, gold %t 15gr, silver 17divt 5 gr per ton. ,'*7" No, 5 level : Martha lode, noith section —Gamson pass has attained,* height of ; 40ft; Bft of sulphide ore exposed, with : the footwallin hand. . ' No, 2 lovel: Mai'tbalode, north section —ln Bullson No. 2 puss, a total height of 40ft is attained. The valuo up to 40ft is, gold, Bdwt 16gr, silver loz lddwk 4gr,por • ton. Better values are left below. Vie- . toria lode—Tbe westdriyobai roaehetla . distance jf 780 ft from No. 2 shift, north- '■ west crosscut. Tbe;lodeis 2ft'wide. Tho ■ average value from 774fti to 765 ft is, gold :: ' 9dwt 14gr, silver loz 18dwt 14gr, per ton. -• No,l level : Martha lodo, north section : . —Bullson No, 2 pass has been risen 63ft; 4ft of oxidised ore exposed, north wall seen, from 20ft to 55ft is, goldSlwt sgr, leaver loz l?dwt 13gr, per ton, Adit lovel: Magazine lode—Tho east drivo has reached a distance of 171 ft from Mo. 2 shaft, north-west crosscut. The vein of quartz is about 8 n thick.' The , average value from 45ft to 156 ft is, gold 12dwt 7gr, silver §oz Odwt 13gr. Shafts: The chamber at No.7_ levol is complete, and during tho next period evory thing should bo in roadinesi to oommenco driving operations on the Martha lode.

AllCiM SMEMHET. To-dav's Hoon Call: Jdr, B. G. Macky, sbarobroker, report the Auokland Stock Exchango qnotatioD at noon, to-day as follows SALK3 Waiotahi, 755, 74s i Komata, 2a Id ■ Consolidated, 2s Id, Auckland, Is 3d SELLERS Kuranui, 9d . ' _ Caledonian, 2s 9d, rights, Is 3d Queen Extendod, 4d Eolipse, 9d May Qaoen, 3s Moanatairi, 2s Id Saxon, Is 3d Alburnia, Is 6-J Victoria, Is fid Waiotahi, 74a Oil Komata, 2s 2d Tairna, Is 6d Talisman. 12s Gd TVaihi, £6 lis ' Beach, B',-d Consolidated, 2s 3d Extendod, 5s 113 AVaimangu, 6d Auokland, Is 3d Bunkers lOd | Inuraki, cont,, 7d '•) ' . BOVKES Knranni, 7d Caledonian, 2i Gd, rights Is Queen Extended, 3d Eclipse, 7Jd May Queen, 2j 9d Moanatairi, Is lid S'JXOD, Is 2:1 Alburnia, Is 'ld Victorians 3d Waiotahi, 74a Komata, 2s ■Tairua, Is Talisman, 12s Waihi, 16 9s Boaeh, 6|d Consolidated, 2s Bxtonded, 5s 9d LpihcMand, Is 2d 1 "Banker*, 8d Hauraki,'oont.| 4d