MINING NEWS.

New Zealand Graphic, Volume XXII, Issue XII, 25 March 1899, Page 361

MINING NEWS.

SHAREMARK ET. With the exception of Coromandel stocks, shares in mining coin panies generally were not in such good demand during the |>ast week, although as a rule values were well maintained. At Coromandel one or two local companies are on gold, and this has led to those shares being in better <1 - maud. Bunker’s Hill shares rose from 1/9 to 2/6 in consequence* of two parcels of picked stone being obtained during the week. As the specimens from this mine are generally good this will serve to replenish the funds of the company and defer a call. Hauraki No. 2 shares have had steady enquiry at 8d because gold is also lining got in that mine. A fortnight ago these shares were practically valueless, but now there art* no sellers, llauraki Associated shares have also been in demand, and buyers of Royal Oaks advanced to 1/2. while Four-in-lland shares had steady enquiry at 2/9. In Thames stocks buyers came in this week for Alburnias at. 1/2. but no sales were made at that price. Owing to the closing down of tin* Thames-Ilau-raki upon tin* machinery being taken over from the contractor, there is less disposition to buy shares in Thames companies until pumping operations are resumed. In Ohinemuri storks there have been transactions in Alphas at 3/1, with steady demand at 3/. W’aihi Extended shares also advanced to buyers at (id. owing to rumours that the property is to lie offered on the London market by a gentleman who is about to visit England. An expert arrived this week to inspect the W’aihi Beach property on behalf of the option holders. Another expert is on his way here for the purpose of inspecting tin* Imperial mine at Karanga.hake, which is also under offer to an English syndicate. Options have also been granted over two properties at W’aioino. all of which points to an early revival in the mining' industry. The gold returns this month, while not equal to the yield for the previous one, arc still I* 10,000 ahead of the output for the same period in 189 S. CARDIGAN. During the past four weeks 25 A tons of orc* treated by tributers gave a vield of 21ozs 3dwts of gold, valued at £57 16/2. MAY QUEEN. Six tribute parlies for the past foul weeks crushed ore for a return of 92ozs Bdwts of gold, valued at £ 192 17 10. During the month 250 tons of ore were treated at the* mill for the public. W’AIHI BEACH. Mr Turnbull, mining expert, arrived at I’aeroa this week, having been appointed by an Australian syndicate to report upon the W’aihi Beach Co.’s property. NEW ZEALAND TALISMAN. E 3552 FROM 845 TONS. During the month of February the mill worked 23 days and crushed 845 tons of ore for a yield of £3582 4s 2d, or at the rate* of .£4 4s 10d per ton. MARIPOSA RETURN. I’he return for Ihe past month's operations in the Mariposa mine. Kiiaotunu. showed considerable improvement, being the best yield for some time past. During the month 25(> tons of ore were treated for a return of ore valued at £5ll 0/9. THAMES HAURAKL During the week operations were suspended in tin* I'hames - llauraki Company's properly. 'l’he eompany took over t he niaehinery from the cngiiK’er, who was sent out from England to superintend its erection on behalf of the* lirni that suppliml it. and instructions were given to Mr Dunlop to stop operations.

GOLDEN PAH. A SATISFACTORY RETURN. The Golden Pah crushed five tons of quartz and treated thirty pounds of picked stone for 35 ounces of retorted bullion, of the approximate value of £ too. N.Z. CROWN MINES. .MONTH’S RETURN £4889. The return from the N.Z. Crown Mines for the past month’s crushing operations totalled £4889, for which amount of bullion 2624 tons of ore were treated. MAY QUEEN-HAURAKI. The shaft is at present some 30 feet below the lowest level, and it is intended to sink 120 feet before opening out and crosscutting to the lode, which should be intersected about 300 feet from the bottom of the shaft. The tributers are still employed in the Saxon section, and are obtaining quartz of good quality. Crushing is not likely to be renewed for some months. PROSPECTING AT RUAHINE. News comes from Huuterville that Prospector Campbell's energies have not been quite damped by the Maori obstinacy to gold prospecting. He is forming a syndicate to thoroughly explore the Kaimanawa and Ruahine ranges, being convinced that good payable stuff exists in the country. Mr McKay, Government geologist, it will be remembered expressed the conviction that good quartz reefs would be found in the ranges. NONPAREIL. Operations at present are confined to Wade's reef. Above the main level three sto|>es are in progress. in each of which colours of gold continue to be seen. A few pieces, which can be classed as picked stone, have also been obtained. Good progress continues to Ire made in sinking the winze. This is now down 26 feet. The country continues of a good description. The hanging wall portion of the reef showed nice colours of gold when last broken. PROGRESS CASTLE ROCK. No. 4 level south drive on No. 1 reef has been extended 6ft during the week through a hard bar of solid quartz, making total distance in from crosscut 104 feet. Reef has opened out to about 5 feet wide in the face of the drive, making progress very difficult. The. two branches are near together in the face and will shortly junction. No. 3 level south of No. 1 rise: Stoping on the hanging wall branch Ims been continued. Leader is improving as developed and shows colours of gold frequently, a few small picked stones have been selected, which augurs well for the future. NEW HAURAKI NORTH. A few pounds of stone taken from the leader in this mine, were sent to town this week. 'Die leader was cut at a distance of 20ft. in the drive going east from the shaft, which is now down 74ft. The stone on view is of the right description for carrying good gold, being blue quartz interlaced with veins of silica. The stone brought to town shows seams and dabs of coarse gold running through it. The getting of gold-bearing stone at this depth should point to important developments, as this reef has never before been touched at such a depth. KOMATA REEFS RETURN. The Komata Reefs Company crushed ami treated during the last month 100 tons ore for the return of bullion valued at £ll4O. At tin l mine operations are proceeding as usual, nothing of a special nature occurring during the month. The low level is being pushed ahead by the aid of rock drills, and good progress made, 85 feet having been negotiated in four weeks. Another boiler is in Paeroa ready for carting to the mine, and when this is erec-led it will be utilised for working additional drills in order to expedite work at this point. MOANATAIARI. At the Moanatairi Gold Mining Co.’s property the principal work being undertaken is sinking on the chute

struck in the level. The depth of the chute has not yet been ascertained. In order to test the quality of the ore coming to hand, general quartz and the better class of stone were separated and crushed. In all 31 tons of general quartz were crushed and treated for a return of 87 ounces 18dwts, of the value of £242 1/10. The specimen stone, amounting to about 100 pounds, was then crushed, the return being 39 ounces 12 dwts of gold, of the value of £ll2 4/. The total value of the quartz won and crushed last month was, therefore, £354 5/10. KIRIKIRI MINES. About 391 b of very rich gold-bearing stone from the Kirikiri mines were brought to town this week by Mr Malcolm Fleming, who has been prospecting this property on behalf of a syndicate for about 12 months past. During the year 11 reefs have been discovered, and four levels put in to test the property. A fourhead stamper battery has also been erected, which is worked by a Union oil engine. It was from this property that a parcel of 99 tons of ore treated towards the end of last year yielded bullion worth £5lO. The Kirikiri mines comprise an area of 200 acres, situated about nine miles from the Thames between that section of the goldfields and Tairua. On Thursday night the leader was broken down and this 301 b of rich stone were obtained from the hanging-wall portion of the reef. This part is from one to four inches in thickness, and the stone shown is really rich, broad seams of gold running right through it. Some of the stone would be worth about three ounces to the pound. The general ore from the reef in the low level is stated to be shaping for a return of about two ounces to the ton. The development is of importance, as payable gold has not before been found in the Kirikiri district. The country in which the reefs are situated is said to be of first-class description and very similar to that at the Thames.

BUNKER’S HILL. Shares in the Bunker’s Hill Company advanced in price during the week owing to the fact that the managertelegraphed that another 301 b of specimens had been obtained from the No. 2 stope, making 641 b for the week. If this stone is as rich as former parcels it means something like £4OO to 5500 worth of gold for the week. GOLD RETURNS. £48,X04 FOR THE MONTH. The following are the gold returns lor the month as compiled for the English mail. The output is not so large as that for the former month, which was a record one, owing to the fact that some of the companies ran the batteries longer than usual in January before cleaning up. THAMES.

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BY BILE BEANS’ USE MIRACLES ARE PERFORMED. OLD THEORIES ARE EXPLODED. AILMENTS LONG CONSIDERED HEREDITARY. ARE POSITIVELY CURED. An illustration from a Sydney resident of what a low-priced preparation is capable of doing when the ingredients are right. Mr Frederick Marks, of Park Road, Moore Park, Sydney, said: ’Some time since I suffered severely from attacks of biliousness and sick headaches. I have not the slightest doubt that these periodical sufferings were caused indirectly by the warm, moist weather, which we find so trying in Sydney during the summer months. As time went on, and

the weather grew hotter, the biliousness assailed me regularly; in fact, every three days found me unable to attend to my business, the headaches and dizziness being so bad that I could not read my papers, the type dancing in a confused jumble before my eyes. Then, too, my rest was disturbed; night after night I would toss about, getting only an hour or so’s sleep at a time. In the morning when I got up I would have a bad taste in my mouth that was extremely disagreeable, and there was seldom a morning that I did not awake with a more or less severe headache. My appetite, also, was exceedingly unsatisfactory. Sometimes I took no food at all. This, of course, ran my system down, and I became listless and suffered from “that tired feeling” we hear so much about. 1 tried several patent medicines, household remedies, etc., but nothing did me any good until a friend recommended Bile Beans, and I tried them, and with the most gratifying results. They picked me up wonderfully. The headaches, biliousness, loss of appetite, and insomnia all completely disappeared in a short time, and now I never feel the slightest trace of any of them. Bile Beans have completely cured me, and T am glad to let the facts be known. I especially recommend this remedy for Biliousness, as I know positively that it cured me after a great many other medicines had failed.’

It is a good thing to remember that Bile Beans are an undoubted specific for Headache, Indigestion, Debility, Female Ailments, Liver Trouble, Costiveness, Piles, that tired feeling, lack of physical tone, and as a general tonic they will be found of great service during the present hot weather. Obtainable from all chemists, or sent post paid on receipt of price, 1/1J per box, by the Bile Bean Manufacturing Co., 39 Pitt street, Sydney. Please mention this paper when writing.

A curious fad lias to some extent seemingly taken root in Japan. This is nothing more nor less than the alteration, by the surgeon's knife, of the shape of the eye, so that in future times the Japanese will not bo distinguished as one of the ‘almond-eyed' races. The operation is said to be simple and quite painless. The surgeon takes a scalpel in his right hand, anil, stretching the skin with the forefinger of his left hand, makes an incision on the outer point of the eyelids in a straight line for the barest part of an inch. The lashes are then drawn into shape and held firmly by a piece of chemically-prepared sticking plaster. The wound needs no further dressing, anil the subject of the Emperor of the Flowery Kingdom goes on about his business as if nothing had happened. In a few days it is entirely healed, when the surgeon is visited and requested to remove the plaster, and with the plaster come the fees. The Japs say that their Eastern, not to say Mongolian, appearance is a disadvantage to them ill their commercial and other relations with Western

Company. Picked Tns. Stone. £. S. d. lbs. Moanataiari 100 112 242 4 o Moanataiari 31 — 1 10 Moanataiari trib.... 94£ 10 265 13 6 Cardigan 25i — 140 15 4 Cardigan trib 25A 57 16 2 May Queen trib.... — 245 13 6 Waiotahi SO — 333 0 0 Tararu Creek 1376 — 1750 0 0 Nonpareil 13 — 98 6 Kuranui Cal. trib... 551 11 3 Kuranui Cal. trio... 1 19 221 0 0 Victoria trib 17 — 6 0 Sundry parcels 200 o Q C4241 9 1 COROMANDEL. Picked < ’ompany. Tns. Stone. £ S- - d. lbs. Mariposa, Jan ISO — 287 17 8 Mariposa, Feb Great Mercury 256 — 511 0 9 275 — 273 5 0 Queen of North.... 3i 7 18 o 0 Hauraki 130 133 1172 0 0 Kapanga 17 48 140 0 0 Royal Oak 5 185 1025 0 0 Welcome Find 26 130 164 2 11 Golden Pah 5 30 100 0 0 £3691 6 4 OH 1 NIi JMITRl. < ’ompany. T< >ns. s d. Waihi 7152 22 076 0 0 N.Z. Talisman 845 0 0 N.Z. Crown 2624 1889 0 0 Komata Reels 100 1140 0 0 Woodstock 1295 1885 0 0 Waihi Silverton 9/n 1282 0 0 Waitekauri 1969 6018 0 0 Total £40,872 0 0 Total for month. £48,804 15 5