THE GOLDFIELDS.

Auckland Star, Volume XXXVIII, Issue 154, 29 June 1907, Page 6

THE GOLDFIELDS.

.WATHT RETTJEN. £63,450 FROM 27,205 TONS. The return ( from the Waihi mine for the month of June was £63,450 from 27,205 tons. This brings the total output to date up to £5,782,647, out of which £2,665,866 was paid in dividends. Appended are previous returns:— Output IS9O to December, 1306.. £5,360,173 Fertod ehdinz — January 27, 1807, 22,297 tons 51,990 February. 27,453 tons 63,235 March, 27.072 tons 63.000 April, 27,655 tons 64,010 • May, 28,382 tons 64,196 June, 27,205 tons ....„ 63,450 Total sto date ~_... £5^82,647 Total dividends ... £2,665,866 EXTENDED. The half-yearly meeting of shareholders In the Waihi Extended Company convened for yesterday afternoon lapsed. The report of the directors stated: It is very enconrsging to And, as we get deeper, that the No. 2 lode extends further into our ground, which augurs well for the future of. the property when the development of the lower levels is nnderta ken Messrs E. Barker and T. Granger retire from the board, who, being eligible, offer themselves for re-election, and your auditor, Mr John Young, again offers you his services. The balance-sheet showed:—Receipts: To balance, £72 0/4; balance No. 23 call, £1051 19/; No. 24 call, £1249 14/6; proceeds of sale of boiler, £100; proceeds sale of metal, £2 4/; contractor's deposits. £14: total, £2489 17/10. The payments were:—By wages, £652 17/3; contracts. sinking shaft, £421 1/: contracts. No. 1 winze, £57 11/3; contracts. No. 3 -wdnze, £229 17/9; contracts, driving. £195 14/; coal and firewood, £127 8/3; timber, freight, and cartage, £105 19/; requisites, £74 12/9; general expenses, £41 5/8: salaries, £48: directors' expenses, £21 15/; rent, insurance, legal expenses, plans and surveys, £78 17/9; plant account, *£164 2/8; contractors' deposits refund, £12: cash at bank. £236 15/6; cash at mine, £20; cash on hand. £2: total, £2489 17/10. Mr Barker, one of the directors, stated that things were looking very well at the mine, the reef baling opened out rapidly until it was now 12ft 9in in width, and still appeared to be improving. Mr Stewart, mine manager, explained the workings to shareholders, pointing out the position on a plan. He said another 15ft would bring No. 4 level to tbe winze, which was about 300 ft of the boundary. He thought it just possible that tbe reef be was now working upon was not the one struck in the winze. He thought there was every prospect of getting the No 1 reef at the next level. In the Grand Junction the Not 1 reef was now over 30ft wide. ■MINE MANAGERS BEEORXS. Komata Reefs.—The manager reports as follows:—No. 5 level: Drive north. No- — reef—Average width 2ft 6tn, value 12/. No. 4 level: Drive north on No. 1 reef from first crosscut —Average width 7ft, value £1 9/2. Drive north on No. 1 reef from second crosscut—Average width 2ft, value 3/9. Drive south on No. 1 reef from second crosscut—-Average width 7ft, average value £1 11/7. Drive north on No. 2 reef— Average width 4ft. value 16/5. The reef is becoming more defined again, and as there is good ore ahead in the upper level, there should be an improvement soon. Winze on No. 2 reef north—Width of reef 3ft. value IS/3. No. 3 level: Drive north on No. 1 reef—Width of reef 7ft value 17/. Winze on No. 1 reef north—Width of quartz being broken out 4ft. value 14/5. Drive north on No. 2 reef—Width of reef liin. value 6/8. Winze on No. 2 reef north (>.o. I)— Width 3ft, value 13/8. Winze on No. 2 reef north (No. 2) —Width of reef 4ft, value £5 6/3. No. 2 level: Winze on No - reef north—Width of quartz broken oni 4ft, value £3 5/9. This winze is being sank at a point near the faqe of the drive, and the ore seems to be improving going down. Stoping, No. 4 level: No. 1 reef. 2nd block—Width of reef 4ft, value £2. No. 3 reef._ Ist block—Width of reef is oft, va'ue ~- :? / -„.. N<) - 3 level: No. 1 reef, second block—Width of reef 6ft, value £2 5/. No. in5 eef ;.- Sr,i block— Width of reef Bft, value 30/. No. 2 reef, Ist block—Width of reef 3"v7 all j e £2. No. 2 reef, 2nd blockWidth of reef 10ft, value £2. No. 2 level: £?," » r ?? f - -****- block—Width 4ft, value «-<U*u i thy leve ' : No - 1 ree *. 2nd block— Tii ♦£ reef *"* valne £2 10 /- Battery: All the machinery is now running .well, and a good tonnage is being treated. Experiments are about to be made to see if it will pay to crush coarser. A contract has been t?Ls°k . of a hopper at the [olhL,^'. 8 ? that tte <» al can be unladed direct from the boats into the hop-

mln o fZ the office of the TalisCompany:—"No. 11 level south 417 ft; width of i£r4ft; assay valut «$;. ' cr °sscut,~sßft; width of reef h! 7 - va:,ue * 18 /- Wl » Probabbi LTJ! 1 "', Hangingwall has not yet 283 it; wnith of reef, 4ft; assay value, i^ l .-7 / ;^„i ta ° eh Teu 3 east, south drive, ? f reef * 26in; assa y vaJ °e, £1 9/. North drive. 133 ft; width of reef, 24inl^Z,^ l ° c - £1 4A 13 -level, soutii , driTe off n* 3 ' ll >*»th drive, 354ftwidth of reef. sft; assay value, £8 2/. No 3 crosscut. 99ft."

Temple Bar— The supervisor has sent the following report to the directors, as sup. ptementary to his telegram of Thursday:— The quartz struck last Thursday, 20th Inst, to the low level, and from which the flow or water was so great as to prevent operations for several shifts, has now been cut through. To make sure, however, that the true wall of the reef is tn hand, I have arranged with the contractors to continue the low level a few feet further. The reef las shown re about 2ft, tbe quartz being of the same character and appearance as at the upper level. I hare engaged two of the contractors' men to clean out the upper level and -prepare for sinking on the gold in the upper level, so as to ascertain its dip, when it can be piefced up in the lower level by driving.