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MINING NOTES.

Campbell’s Freehold.—Mr C. A. Wauchope, who recently returned to the colony from England, when speaking about the successful sale of Campbell’s freehold at Tapu, stated he had no difficulty in placing the property in London, but thought it would be some time before permanent operations were commenced. Moanataiari North. —A trial crushing of two loads of quartz from the main reef in the low level yielded 2oz sdwt of gold. The reef is looking well. Four-in-Hand.—The manager secured ten pounds of specimens from the reef in the rise at the low level in this Waikoromiko mine.

Karaka Queen. —The annual meeting of shareholders was held at the office of Mr John Churton. The statement of accounts showed receipts 14s id, expenditure /454 6s 3d, leaving a balance of /"75 7s lod.

Hauraki North.—The reef in the western face of No. 2 level still looks well, and the manager expects to get gold here at any breaking down. Welcome Find.—Last week a small breaking down of the lead took place in the winze, when strong dabs of gold were seen in the stone. Since then a promising body of quartz has been cut.

Waverley.—A small lode has been cut in this mine, in which colours of gold can be seen. Sterling.—There is a decided improvement in the appearance of the lode, and the stone coming to hand gives fair prospects of gold. Hauraki Associated Reefs.—Dabs of gold were seen when breaking down in Rainbow No. 2 level in this Coromandel mine. Aurora.—The meeting of shareholders in this company lapsed for want of a quorum. The balance-sheet showed total receipts /"i4i ns 4d, of which £t<x> was expended in wages. The debit balance was set down at 2S Bd.

Duke of Argyle.—The half-yearly meeting of the above goldmining company lapsed. The statement of accounts showed receipts /341 7s lod, the expenditure leaving a credit balance of 12s lod.

Daphne.—At a meeting of shareholders in this Company a motion empowering the directors to sell the property was carried.

Big Reef.—Ore taken from the eight feet footwall of the big reef in this Furu mine has been assayed at the Bank of New Zealand and yielded at the rate of £5 os 4d per ton. Another sample from the same reef assayed by Mr C. Ratjen yielded £5 6s 6d per ton. Royal Standard.—The rails for the tramline at this mine, also three rock-drills, air-compressors, etc., have been shipped from London in the s.s. • Hawke’s Bay.’ Sceptre and Fiery Cross.—Mr E. Kersey Cooner, who holds an option over these properties at Wharekeraupunga, has started for London. Bunker’s Hill.—ln the western crosscut the drive passed through a series of quartz and flinty veins, some of which look most favourable for gold. A trial parcel of 10 tons of quartz from this mine is being crushed at the Kapanga battery.

Anglo-Saxon.—The half-yearly meeting lapsed. The balance sheet showed a credit of /io 8s Bd.

Queen Victoria of Hauraki.—Everything at the mine is going on well, and everything is now ready to start crushing. Argosy.—The reef in the main drive is much disturbed by a belt of hard country but some good colours of coarse gold were seen at last breaking down. City of Auckland (Thames). —The new reef has been cut in this mine whilst extending the Sylvia low level. Cuirassier.—When breaking down the reef in the rise 251bs of picked stone and specimens were selected, making a total of solbs on hand.

Occidental (Thames). —The Loyalty reef should be met with in this mine after about 60ft of driving. Waikanae.—At a meeting of shareholders a resolution was passed that this Company be wound up and reconstructed under the no-liability section of the Mining Act. Mr Horne was appointed liquidator at a fee of £5 ss. Ake Ake.—Assays made from stone taken from the reef in the Ake Ake mine at Burn yielded at the rate of £74. 15s 6d per ton. Phcenix.—The Muriel reef still gives gold both in the rubble and the solid stone.

Lone Hand.—A special meeting of shareholders was held in Mr R. McDonald Scott’s office. The directors’ report stated that the sale of the property to the AngloContinental Syndicate for 3,000 May Queen of Hauraki shares left nothing to be done but wind up the Campany. A formal resolution was then passed winding up the Company.

Talisman.—The result of the first crushing with the new battery is expected to be announced next week. Tenilba.—This Karangahake property has been acquired by the Deep Lead Company for 30,000 shares. The combined area consists of 200 acres situated near the Crown and Imperial mines at Karangahake. Kaiser.—A special general meeting of shareholders in this Tararu Company was held in Mr Cochrane Macky’s office. Mr Malcolm Niccol presided, and explained that negotiations were now proceeding for the sale of the mine. The customary resolutions were passed authorising the sale of the property. Adelaide.—The reef has been again picked up, and is about two feet wide. The quartz coming to hand from the stopes shows colours of gold. Dover Castle.—The prospects met with on No. 2 reef at the higher level have proved that the lode carries payable gold for a total distance of 500 feet, and at the last point of intersection the reef measures 2 feet 6 inches, giving splendid dish prospects, whilst colours of coarse gold were seen in the hard stone.

Fabulous. —Opening out is being done on a leader which shows colours of gold.

Golden Eclipse.—lnformation was received by mail this week that a Company had been registered in London to work the Eclipse License Holding (Tararu) under the name of The Golden Eclipse Hauraki. Oakley.—At a special meeting of shareholders in this Company held in Mr R. McDonald Scott’s office resolutions were passed confirming those authorising the voluntary winding up of the Company and appointing Mr Scott liquidator. Monowai. —Mr W. H. Williams has arrived from Queensland by the s s. • Westralia ’ this week, and has been appointed to the entire control of the Monowai mine at Waiomo.

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZGRAP18970821.2.11

Bibliographic details

New Zealand Graphic, Volume XIX, Issue IX, 21 August 1897, Page 266

Word Count
1,010

MINING NOTES. New Zealand Graphic, Volume XIX, Issue IX, 21 August 1897, Page 266

MINING NOTES. New Zealand Graphic, Volume XIX, Issue IX, 21 August 1897, Page 266