LATEST MINING NEWS
• THE OWHAROA DISTRICT \ FU.FTHER DEVELOPMENT PBOPOSED. , In view of) tbe large amount of gold won in tbo old days at Offline i'oa, a railo beyond Waikim, ill is important to loam that work is to bo rc-, sumed at onoe in the Rising Sun mine, adjoining tho Ohinennu'i Syndicate property. Mr W. Goldsworthy, recent]; 1 underground manager of the Tali nav has niada an inspeotion of tho mine,' and, being satisfied concerning its development and prospeots, hai sirceoM in getting t':o capital pubjoribod to continuo operations, He Jias joined tho dirccloriUe, and his brother, Mr. H. Gol'lswovthy, will tiko charge of tho mm Tho Rising Sun has payable reefs in both tho upper and lowor levels, and in tho latter the tunnel ia mora than a thousand feet in length, showing (hat oonsidorablo worlt has been done, Iho present company has tho property for seven or oight years, aod bas spent somo Ihoiuioda of pounds upon i', but is bßntVoßpped for want of » small battery wiLb oyanide treatment. The average valno of the Eising Sun stono is from £2103 to £6, and free cold is frequently seen in. the ore It i? paoposed uow.to sink a winze from the low level, where good gold is known to o.:isf, nnd to continue the drivo'tnto ifco hill. There aro throe reefii making and dipping towards each other, ttiid it. is believed'that theso will make into oae large reef whon driven and eunk upon.
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Bibliographic details
Waihi Daily Telegraph, Volume V, Issue 1460, 19 October 1905, Page 3
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244LATEST MINING NEWS Waihi Daily Telegraph, Volume V, Issue 1460, 19 October 1905, Page 3
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