THE GOLDFIELDS.

Auckland Star, Volume XXXVI, Issue 35, 10 February 1905, Page 2

THE GOLDFIELDS.

NEW MOASATAIABI. (By Telegraph.—Own Correspondent.) ! THAMES, this day. I visited the mine and was gratified at the changes which have taken place within the last few days. It has already been reported that a small break, htui cut off the reef,when the bottom of ihs winze was reached. Not disheartened, the manager, Mr G. Carter, determined to cut through the break with the hope of again picking up the reef, even if it were heaved some distance. To do this work more easily and at less expense, he opened out from Rowe's winze about 20ft from the lowest point, and found the reef at no great distance. Stone broken out was full of mineral, though not so bright and promising as where met with in the winze which led to gold. ; The lode had only been stripped for a few feet, and there is not yet room to break down. Another feature in favour lis that the country is good, and not so broken up as at the bottom of Kowe's winze. The break has altered the lie of the lode, consequently it is the liangingwall that is now in view. Mr Clark has commenced to rise on the reef in the drive, going east from the crosscut, with ■the hope, perhaps, of finding the mineral vein just picked up lower down. Should he sueeeed, it will indeed be a valuable discovery, and vastiy increase the reeonrcea of the mine. The eastern drive was put in under the direction of Messrs Purk and Gordon, but beyond following the reef no prospecting was done eastward of the break, as it did not look promising. A decided change for the better has taken place in the drive westward on the Waiotahi boundary. The country is more firm, and if any stringers are met with gold may be discovered. Have as much trouble as late contractors had with broken ground timbering. Drive will now go almost direct towards Waiotaki Creek. Altogether the prospects of the mine are very encouraging, and any day may bring to light ore showing gold in the eastern operations and in the drive for the Waiotahi reef on the western side of the property. WAIOTAHI. The manager forwarded the following urgent wire this morning:—"Started breaking down the reef in the winze this morning. Good dabs and colours of gold showing." At the morning call shares sold at 18/ and 17/6. Immediately afterwards transactions took place from 16/9 down to 15/. and at noon the sales were at 17/, 17/0, 17/9 and at 17/0, the market being, buyers at 17/6, with sellers at 17/9. MINE MANAGERS' REPORTS. Walmaocu. —The uittiiago' , reports having driven 15ft Into the sulc o* tho reef, and broken down with most I'neoureKiag results. Some really pood stone came to b.-md. The sulphidi- (some of wblrh also shows gold) is well dUtrlbnt-L-d thiough the wholo body of the ore. whic-li is about sft wide. Some of this Is hclng kept separate from the bulk of the oro. May Qneen BxtPuded.— The eastern drive on No. 2 reef had been extended sft, the reef averaging itft In thickness, and looking very promising. Strong eoloura of sold were seen when brenking down. The reef Is In splendid eoontry, interlaced with numerous mineral s?ams. In the stopes east and west, the No. 2 reef averages 12 to 18iti in thickness, and irfiows etrons dabs of gold. In the western stopes the rwf shows splendid minerals. Intermixed with rolonrs nf >ro!d. The western ditre has been siop;x'd for a time to eoable work to be carried on in the eastern drive.