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THAMES.

NEW ALBURNIA. Negotiations for the sale of this property in London are proceeding satisfactorily, although not likely to be completed as soon as was anticipated, as at the request of the Home agent the time was this week extended another month, probably in order to carry the business over the Christmas holiday season. SPECIAL DREDGING CLAIMS. An application was lodged at the Thames for a special dredging claim of one mile frontage to the VVaiotno Beach. There has

been for some time a claim there called tho Waiomo special dredger claim, held by several Paeroa gentlemen, and negotiations with Mr Welman, of Dunedin, the inventor of the Welman dredge, have resulted in • visit of that gentleman to the claim. He is so well pleased with the prospects of the ground that he purposes spending a considerable sum of money in proving the extent of the gold which exists in a free state io the sand and mud ; and if satistactory, lie undertakes the flotation of a large company at Home to work the ground. If the free gold exists in any quantity on the Waiomo beach, and cm be saved in the same way as is done on the Clutha and other rivers in the Sou'll Island, then it is a valuable ground, for the quality of the mud and sand per ton is much greater than that in the south. This second application shows the improvement in the prospects. GOLDEN POINT. The various works in connection with the sinking of the main engine shaft, and the erection of the necessary appurtenances, have all been .steadily pushed forward. The contractors fur the erection of the machinery are making good progress with their work ; they have completed the whole of the concrete foundations, and a commencement will be made du ing the week to place the winding engine in position. ALBURNIA EAST. The work ot amalgamating several small holdings to form one strong company is steadily proceeding. This week shareholders in the Alburnia E let Goldmining Company agreed to authorising the directors to purchase, for shares in the Company, and on such other terms and conditions as the directors shall think fit, the mining property known as The Welcome Licensed Holding which adjoins. DAY DAWN. When breaking down a leader this week a few pieces of stone showing good coarse gold were obtained. An oiler has been received from a Sydney syndicate to furnish a reduction plant and battery for the use of this mine. Mr Pond, Colonial Analyst, is now making tests of tho ore with a view to deciding upon the beet process to be adopted. ORLANDO, A great improvement has taken place in Carpenter's reef, colours of gold being well distributed through the hangingwall. This parcel of ore now being treated at the battery is of higher grade than the last. FREEDOM. The quartz now being obtained in this mine from the 23rd of June reef looks very well, gold beiog seen freely distributed through the stone. The manager has opened out on a leader running into the footwall of the 23rd June, which is about 3in in the face, and carries nice dabs of gold and very good mineral encased in a splendid channel of country. MAY QUEEN.

In this mine the diive going west on No. 4 reef is now in 52 feet, and the reef is still carrying a little gold. The diive on the same reef going east is now in 80 feet, and a little gold is seen in the ribs of quartz when broken down. The stopes on No. 4 reef from the winze to the eastern break still continue to produce a few pounds of picked stone. The stopes on No. 4 coming west from junction, are about the same, gold being seen in the quar'z broken. In the stopes going east from junction the reef is a compact body of stone three feet thick, and colours of gold are seen in tach stope. The stopes on the north west reef still continue to supply a large amount of crushing dirt, and occasionally a few pounds of picked stone are secured. From the Trenton section the quartz coming to hand is of a payable grade. At the balteiy the dirt is shaping abaut the same, having on hand 6200 z of amalgam, and 50lb of stone.

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZGRAP18951130.2.32.1

Bibliographic details

New Zealand Graphic, Volume XV, Issue XXII, 30 November 1895, Page 685

Word Count
726

THAMES. New Zealand Graphic, Volume XV, Issue XXII, 30 November 1895, Page 685

THAMES. New Zealand Graphic, Volume XV, Issue XXII, 30 November 1895, Page 685