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LATEST MINING NEWS

J . . 1 MINING IS BENDIGO The persistence of Bendigo mining men is well shown by the following extract ' taken from the half-yearly report of Mr ' R. Coakes, mine manager of the Catherine Beef United Co. : , jußfriasuod to the share. V 5 holder?, Mi' Goakos says: "I am pleased ■>;. to say ttjat the opinion I expressed whon •, ' recommending to sink the shaft , from the , : ° 2,000 ft leTel to the 2,200 ft level has been fully realised, in finding a new and pay-, ablo formation of.quartz, as I predicted we , ' should, and I have no hesitation ijr saying . ' that from the present appearand of i new formaiioa you hare aliatJliid profr perons future before you, 'am.Wen the , . ' new maohinery, etoi, is.oomw/ted, and » eonncotkn made with the 2,000 ft level, the , outpnt can- be largely increased. Since . t ' on! ting payable stone several jeara ago at m |ho 1,140 ft level, wo have sank, the main shaft 1,060 ft, driven crosscuts every 100 ft, " a some close on l,oooffc in length, including east and wost of the shaft, driven lovels hundreds of feet, put up rises and sunk winzes from level to level, and crushed hundreds of ions of quartz at the different levels in this 1,060 ft for to ldwt of amalgam per ton. Now I think ire have . # reef at the 2,200 ft level that will you back all that it has cost to do this v , work with good'iiiterest added, I hate, been employed by the company at differ- ~ r ent occupations for 41 years, and Thave never soon & prospect in the mine eqnal to the present one." . - \[ s .■ / I '■

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WHDT19051012.2.23

Bibliographic details

Waihi Daily Telegraph, Volume V, Issue 1454, 12 October 1905, Page 2

Word Count
273

LATEST MINING NEWS Waihi Daily Telegraph, Volume V, Issue 1454, 12 October 1905, Page 2

LATEST MINING NEWS Waihi Daily Telegraph, Volume V, Issue 1454, 12 October 1905, Page 2

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