LATEST MINING NEWS

Waihi Daily Telegraph, Volume V, Issue 1509, 16 December 1905, Page 2

LATEST MINING NEWS

Waiiii Gold lini»stoiipan|i ' Monthly Raluni y'^% Another Splendid TiellP 1 -'.Ja —' 24,663 Tons Yield £2BB ( I6Hi H^ ' i/. ,'X J . ' ' , Total Di*ldonJs to Date £l, 877,896 . Total Won to Date £4.602,289ThS Waihi GoldMiningGo mpa'nyi return for the four weeks period ending ~, 2nd inst. is just to; hand, i- crashed;, andw. i treated 24,663 (short tonnage) tons, o£,ore.®for a return of bullion valued at <£59,161 ' * 8s sd. This return is just 114 lesß'tkany j the previous which waa a record,' _ when thoy treated 2(5,067 (bliorj tonnage)', tons for a return of, bullion of:,a.valuejof g £59,175 13s 2d. They oruslied 404 tons lees this raouthi showing that there was a,, coiis ulorabl o increase iu the t valafl ore treated during the four weeks, period -: just ended. The ore in the low leyel gives splendid values, and iho ment generally lias . more .thari;; rc; ; > aliscd t|io anticipations ,of-thosev directly* concerned. * Tlio Waiiii Mine is aeknofff, (edged tobe (he most consistentgoldpro-.o ducor in .Austi;iilasia. ' >

The total value of bullion won toldatev , reaches tlie grand total of:£4,so2y2B9j ( and^;!.K the dividends .and bonuses.. amount £1,677,896, Tho following is the list'of returps to date s— ' To July 31,1890 <£13.628 July Sl,' 1890, to Doo 81,1891 36|458 -M In 1892,18,297 tons i ... 46 219 1 1893,19,805 tons 64,345 1894,24,30410118 83,023 * 1895,133,670 tons 1896,34,410 tons .. .A ... 135,166 1897,40,761 tons 144,041 1898,77,929 tons 256,494 1899,102,381 tons 1 302,5251 1900,112,012 tons 317,902 1901,159,325 tone 461,205 - 1902,179,487 tons 521,570 *- 1903,230,319 tons 650,687 1904,256,953 tons 666,772 £3,820,360 ,Peuod ondinp January 28,1905,21,408 tons ... 43,476/ February 25,1905,23 076 tjn552,105 yMaich 25th, 1905,22,453 tons,... 55,313 April 22i.d; 1905, 21778 tons ... 54,108. May 20,1905, 22,048 tons, ... 53,930 June 17,1905,23,084 tons ... 54,601 July 15th, 1U05,23,237 ton 3 55,470 AnffUßt, 12,1905, tons ... 56,475, September 9,.1905,24,173 tons... 57,180 - October 7,' 1905 24,759t0ns ~.. 58,241' , November 4, 25 067 ton 3 ... 69175 December 2, 24,663 tons . ... C9.16L Total to date 14^5(12,289 Total dividends, interest, and' , boiiuses to date 11,877,896

' WAIHI COMPANY The following report on progress works at.-, v, jho. Waibi mme has boon forwarded to the,few London offioo of y tho company - by? m ail :-r--*; , No, ;■ 7 - level:, -Operationav havo been • almost wholly confined to this level,, and. - theresnltsiarehighly satisfactory. No.l • almfti, Bogina aoction—Tlio . driva has attained a total length of 310 ft. In 'the present face sft of sulphido; :exposed, with no walls soen. ' Averago valuer; ■ along level from 222 ft. to 286 ft is:. Gold / - loz lOdwt 9gr, silver 6oz 9dwt 2gr pet 'ton, lhe full width of 106 ft mark is 97ft. It wa3 saraplad in Sijfl sections ■ up - an . avorago ; value of: 12»r, silver ooz Bdwt 2gr pet t* Bosults of remaining earpples not yet to.hand, H«ye commenoed atint&ecroroas-; ■ out at 296 ft to. proye-theful) width'and-: valuo. '-West: end of thedrive.is now 854 ft from the north-west:oro3sout.>:: -

At the face sft of ore is exposed and t no' walls seen, Average value ulong from 264 ft to 836 ft is: Gold 6dwt 6gr, ' silver oz 9dwt llgc.por ton. Tho Regmrseotion <#« of the.lodf proved to be 17ft -in A thickness - 1 -. and worth nn averago of gold 7dwt 15gr, Bilvci' 1 17gr per ton. Martha lodo,-north seotiou—ln tho'-easternt driven: a total length of 236 ft is attained. In the face sft of ore is exposed, with country on % north side. The average value along.lhe - liivel from 159 ft to 223 ft is: Gold 17dwb -9' 1

gr, Bilvor 2oz 13dwt 10gr perton. Western • drive—This has been iug total length of 219f< 6:t ore exposed at facer with no visible walls. The value in the|evel from 157 ft to 206ftis: Gold 13dwt 18gr, eilvor Boz 7dwt 12gr per ton. Empire lodo —The western drive-has beenadvanced a total'distance ot 64ft fnnj'No.' 4 shaft northwest crosscut, A full faco of oro is exposed, w tli no walls seen; The ivorago value along the level from 587ftto 603 ft i?: Gold 2dwt 19gr,- silver "vlSdwt^i: 1 lOgr per ton. At tho > 588 ft .''•mark-,,the'• :,v -: full width of the lodo was 25ft,- -The ""best. .- ■ values are contained along :the ibitnijingA. wall for a width of 16ft.> Thia !ia< chicflys sulphide ore.. It was sampled in.seelions, -.. tho first 10ft being low grade ore, and -;~ remaining 15ft giving 17dwt >of gold>: and 12oz of silver. Main .Royal lode—, >•. The eastern drive hu boen-: n^vanosiuto. : ■ B17 r t from tho north section' junction. sft of ore exposed with north wall { in band Tho south walhwas visible at , 10ft back from tho present faoe. vif Tho lode has tho uppoaiance of widening at present. , Tho iiveiage value along the level from'*/ 446 ft to 4b4(t is:. Gold 1 12dwt 19gr, silver h loz llowt per ton. At 450 ft a orossout i proved tho thioknoss of-the lode tn be 12ftei ■ which yielded an. average value by assam. ; of gold -log Jdwt 17f!r, rßiJvei".l4ozi6dwt* v: lOgr por ton Tho western dnvo haa'at-t-' tamed a distance of 427 ft from the section junction. N0.6 level. Royal lode—Wurm.paw ' has roachecT a depth of 105 ft;' Bft of ore \ exposod and no walls seen, , Tho, value from 70ft co 30ft is: Gold loz 4dwt,23gr, silvoi loz 9dwt Bgr per lon. Adder pass is down 115fc j 3f'i of ore'expo 6ed,mnd nO'-A . • walljfloen, ' *"

WAIEI EXTENDED MINE /'

TOUCHED ~ '

A curiont m (bo stieetjoater- ?, (by afternoon thai n reef in tho Waibi Ex-' i tended bad Loin intersected in tho drive ''l going westward in'tLfi direction of the f iviuzc, Tho new at once caused a sharp '* 1 riao m chares, wbioh rapidly 'ady»nov|< od from 5a 10 i (buyers) to era), On mailing inquiries that nt a point about 300 ft from 1 cbambor in • thß-.- flhttftan>; ; oroftbo3y was touohcd,.wbiob is wall of ut lode. The appearance of a llodefuV m unexpected at tins pimt, tad the'M question.arises as,to wbetber.it.in tbe'NolMM 1 or No. 2 In do, or au offshooi.rjl UntilftW further dovelopment taltes piaco this .oan-J?; not bo determined, Some hold I ho theory f - tli 'L it n tho No. 1 lode, vrbilo o'hers. con- $ ■. i tend if is tho No. 2 lode. v? i klu ,o lli it it b tin cflalu o h of ono ot tho J v i other Our reporter vmbiUjlk'npo ! this morning,: • and that itill.'iuiiv'ug j' 0 opeiations wero suspended, tjio firo^ffi4g\%' ; drawn, and tb furnace, uniler ropnir. The, mmo olosod do>vn > last m^hi 1 £ <, shortly the development place, ■left for.■■■., AucMandttbiSfttoolwng, {'l'hel sM<> temporary an - small, j .V ropaitp, in the form' i ofi.'Jbnok , and ■■ mortar,, to'lhe'futniu, Vibu bp< * :

! and'no - fiirthei v drive. Opera®S^M^drng^iq^raotionscfrom AaokResumed Monday. SfcltflHl BEAOH UNITED Imtejlordinary reef developFEFT WIDE #r' ~~ NO SIGN OF FOOIWALL reof doyelopmont in pthe'iffisihi' fieaoh United mine is caasmg smalls interest to mining men. The |^ohßirman ; (jf .:.diveotqrs■ (Mr F. Moore, of Gray, aiM ,Mt E_ Adams, j# two or throe days'visit to tho mine, Up f;|ft~o the time of their leaving yesterday, tho pfsroßSGu|through the reef, driven at right anthat a distance of 82ft had been ]i| : reaei)ed ;without any. sign of the fooiwall. .of hard; browny- quartz, js!)mtlj!i>ros<i,bands of -foilkjMjfhlle quartz intervals." As yet ?Sfrthe official assay of tho reof has not been '•V'taadeiirat samplos have been taken for a Irj'distarce df 25feet, and these are now on their way to Anokiand, whero the'assays madei v It is said ;bat assays of the if i'recf in its earlier develodment were made these showed that that por* Lotion of the reof.'was low grade.: From the i®appearanoe of the present fane'it is sur»' [Kfmjeedjh'a'j fiobd values will be obtained on |^|thM ! saiiiples-a8 the: oross-out through the reprproceeds, /V;.{ returned to the beach this for the purpose of deciding on the to 'commence"driving f otfthe reef, but this wors will not be ||in|w^n r un|l the roef is above, ;'£width?: Tho! prospects of tbo mine are ft.'rcqßaid'ered'omiaeDtly' satisfaotory., In . the :;®;drivb and;winze from tne pea wall.tbe reof Jsfegavo substantil values, some of,tbo assays Stffofc tho slono going over £lO to the ton. A haft considerable 5 ' on; \ho "Shames field, and has vmadd, several, examinations ''■vofi'thoV surface stone of the Beach the opinion thai thes•?country■'atthe ■: Waihi Be.aoh head' ktilandand in itß vicinity is composed of true to that on the Thamff Beach claim. * v H-ispeat in most confident terms of tho ex f%ellent fntnre'of mining in that vicinity men share tho belief that the Waibo the'scene ol a .busy. and mining camp. , -■<.