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QUARTZ MINING MEMORANDA.

BENDIGO. The Cromwell Quartz Mining Company finished a crushing on Friday last of 116 tons, with the result of 215 ounces. Nearly seventy tons of this parcel was what is known as the “ good” stuff, the balance being a very poor lot. The company, as reported last week, have got on the good run of gold in No. 1 shaft, but have not as yet reached it in No. 2. The sinking in the latter proves very hard, and is consequently very slow. There is a rumour that it is intended to register the company under the Mining Companies Act of 1872, but it is not certain that such is the case. The working manager in the Lucknow Company’s claim is now eight feet past the perpendicular line of the reef, and judging from previous rates of progress, the rock must be very much less difficult than it has been before. Messrs Hazlett and Colclough will make a visit of inspection to the reef some time during the week. The Reliance Company is promising very well. The reef found in their shaft is between eighteen inches and two feet wide, but it has not yet been properly tested to see whether it contains gold, and to what extent. The directors of the company, (Messrs Loughnan, Wilson, and Mitchinson,) intend to make a visit of inspection to the mine on ?2u4 Wiw

An extraordinary meeting of the shareholders in the Aurora Quartz Mining Company will be held next month, to decide whether to further prospect the mine or wind up the company.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CROMARG18731118.2.10

Bibliographic details

Cromwell Argus, Volume V, Issue 210, 18 November 1873, Page 5

Word Count
264

QUARTZ MINING MEMORANDA. Cromwell Argus, Volume V, Issue 210, 18 November 1873, Page 5

QUARTZ MINING MEMORANDA. Cromwell Argus, Volume V, Issue 210, 18 November 1873, Page 5

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