MINING NEWS.

Dominion, Volume 2, Issue 548, 1 July 1909, Page 7

MINING NEWS.

' , TEE ROSS GOLDFIELDS, LTD. : (By Telesrapho-Press , Association.) r . Hokitika, June 30. ■ Tho works of the Ross Goldfields, Ltd., aro ••Bearing completion; The plant, etc.; - which has cost nearly :fifty thousand pounds,'is the most powerful ever oreotcd in Wcstlarid. The pumps' are capable of dealing with 2500 gallons 'of water per minute. They will be worked by electricity generated by water power. Tho company has a magnificent first right horn Lake KanieriV .This was purchased from, the old Lake kaiileri Company, lyhich acquired the privilego over thifty<years ago. 'The'Ross goldficld was famous for its great production of the precious' inetiil in the early days. Many years ago spme of the lower levels were worked for a short period .to a depth of 360 ft., and yielded some hundreds of thousand pounds worth • of, gold. The pumps were old-fashioned, and'too weak for the work, and the company went ihto liquidatioii. ■ Although -the main* bottom , was never reached, the existence of rich gold in the sixth arid seventh levels was proved beyond dotibt. Tho present company expect to commence pumping this month. Only a few H'eeks will be reijnired ;to linwa'ter tp«mine,- when • tho work ;will ,be : commeheed qp the 'sixth i*nd seventh levels. v The compaliy trill also probably go a . hundred fett' deepe'r thin was ever yet attempted, Arid where nthei and evert'richer level?' are believed to exist. There are 70,00(5 shares ill the complnj, more than half of which 'aro held loca&u