MINING NEWS.

Dominion, Volume 2, Issue 573, 30 July 1909, Page 10

MINING NEWS.

'■'- STOCK '■•:/-'- (By-Tolcgraph.—Press' Association.) \ ..' ,'". ,-. Auckland/ July 29. '.. The 'following 'are thfi'riiiniiig safes' to-day on the Auckland. Stock Exchange:— ' . . Kurauui, Is. (id., .is.-.T.d.. •. y '~■...' ..'. Kursiiui Caledonian,.2s. sd. :\■•.. May Queen, Gs.;sd.to Gs.. Gd. to, Gs. id.. . ■■: Magnet, 2d.. " .■,.!'.;,•! May Queen Extended, 5d., 5jd.,:" ' New, Syvia,.3s.'lld. ' ■■ .-.'.:.•■,,.:.■ ■■: '■'. Old Alburnia, 2s. ,lld. to 2s. lOd.ito as. (paid up); 2s. 7d. to 2s. 6d. to 25..10d.:,.(cpnt.).'.; ,'.. ■■ Sa-xon, 2s. 4d., 25,;5d;.'. ' ''•" :.'■''' :-, Thames Is. 2d... ': ■ "". ■ ■ , \ r ictoria, 2s. to 2s. 3d. to'2s. 2d.: .' '"-" .' Waiotahi, 7s. lid. to 7s'.'9d. fd'Ts.'.lOd; to'7s. -9d. to 7s. 10d. ' ---"-• ''.■•>■..'.-:v':.^ : . ■-~,<( : Waitangi, 35.. Bd. :';■■.•' •",.' ..''.;-.'. : i " .■::-;.■';'■,• -: Watchman, 2s. 3d:. to;2s;.6d<oV, .;;.;.;;■--■■ .; Golden Pah,.sd.. 5Jd..- sd. ■ •', \ y Haurakil'VeeholdjlGd^tdTM. '■_•- >■■'■•■■ ••■'>•< iv: •: Old 'Hauraki, Is. -'Bd.; to";ls. lid. .to 15.,.10 d. ■to is. nd. '':•<■': .V, v;; : .v,;/'" ;:'V r . . . Kapariga, 5M.t0.71d. to 7d.- 1 :' ' ■'.'■} " ■"'-.'Eoval Oak, 4s; ,Id:,to 45..10 d. to : 4s. 8(1. to Jss:> 2d. 'toUs. :-ild;.■(pai(l;'upTris!;M(l'.''io 35.-lid.'-to' ss; 2d. to 4s. 7d. to'4s. 8d:,.t0 4s. 7d.. :.,':- Tokatea, 5d., 55., : sd. ■ ""'. ~; ■:'- ' .-': ,' : Moiint Welcome,,'3d., 3UI. ... ."■> '■=; '-> ! ' ' -Prido of Tokatea,; 51(1., 5d., -Slfl. '■".■. ■'-.■.,'■■'■ ~Crown, 7s. 2d., .7s. 3d.,. 7s. 2d;! ; ■;,: "' ./Dominion, 10d.,11(1.;.';'.. '■ "*'.'' '..■■.' - : ' ; . ' Golden Belt'(paid'up),-ls.'. :..-■ -.■.;..'':. '-' Kirilari, 2Jd., 3d.'" - ~.,v :.Komata'Eeefs,' Sjd. '■'.-. ■-.'■' Maoriland, lOJd; -.■::' -i.-- : ■ y.:} '';. ; -;;■;;. )-:\t : '■' New. Waitekauri, \3d!.":';': V .-'.' '-■''■ ■■' i '- ■ 'i i; ' •" :: -'' Phoenix,', lid. -,'•->, , - -■'. ■:.'Pride: of ■ Waihi.'vlsv2d;,'•'is!-3d.''-.-."■,:;:':.; :' V -.. Rising Sun, Gd:,'. : / '•.-'•: ;'-'■' :• '■ ; -.'^fc-" :-.-. ■'■■■ Shotover,' G(1.v51d.;. : ■','. ', • ' ' ,'■ ■■■ .' Silver Eill,.M.'-".•: vTairua Broken'Hills,,2s. 9d.,25. Bd. : Tairna Golden. Hills, fe 7s.; .''"'■' >. , Tairna Extended,-2d.. .'•.. . ' . Tairua Moiiarchr.Gld; 1 ' v..-;• '-.."; 'i^< '■■ ,; . Tairua;Reefs'(cont), ;7id:> Sd. : " '.:'■• ■.-■'■■■■:' '-', ' 5Ds:, :58s.- Gd: v.'- "?. . '; '•/ '.. ! Waihi, .£9 9s. : :-., ... ; - /:'.; -.. -;. v. -/': '■! Waihi Consolidated, ss. Bd.'-to r ss. Ddrto 'ss. Bd. ".' '.-■■■.' i ■'.-. . v ■-.. ..;.. ... .-■ Waihi Extended, ;7s. 9d. : Waihi Grand iJunction,;sCs? Gd. to s"s. 3d.; to 555..-; '.;■- ,t;-'., ; ■:. -■. ■: '•'.•.■• .'■•'..' .t • .;-..' ;-Grand Junctiori'Options,'33s: 9d.,.335. '6d. : ' . Mountain King (cont.), Is.. 9d.; . -'■■-'■'. '■' : New Waitaia, Is.' '.'■,.' :''■' ; '' . '■' : Duhodin,-July 29.' Stock Exchange ! -sales:—May Queen, 6s.- 3d. (two' parcels); Waihi'Extended,'-Bs. (five paresis); Ris? and Shine ; £1 135.; Waihi'Grand Junction (eight weeks), £2 18s:;'Consolidated Goldlields (London delivery). .SI 3s. Gd. -Sales reported:—Talisman Consolidated, JE2-v'lSs.'-j Royal Oak. 45., 3s. lid., 4si Id.';' Consolidated Goldfields (London), 3s. 3d. (six weoksl, £\ 2s. 8d; (spot), -£t 45.; (two !parcels)j Tairna Broken Hills, 25.; 8(L ; (two .parcels); 25." 9d.;. May' Queen. Gs. 4d."; Mpsgiel Woollen, :£2 ,155.:. Moiyneux Hydraulic.'2s. 3d.,' Waihi Extended! 75... 9(1., 7s. lOd.; Waihi Grand Junction. .£2 15s. 6d„ J2 16s. (two parcels), ■££ 17s:; Barewood, 14s. -:.'.' ■ .•-.. ■ ■•' .

ROYAL OAK. (By Teleera'pbi'-Speclal .Correspondent.) -' ..,'.. Auckland,. July 2D. The manager of ' the Royal' Oak Mine tele, graphed to-day stating that ho. had secured 501b. of. picked stone .in the winze, and-that guld was still showing: .' A ~.'. ; /, :' f" ',', .

' -GRAND JUNCTION. ' ': (By: Telegraph.—Special Correspondent.) ,\. Auckland, July 29. The latest information regarding the Martha lodo at No: 5 level of. the' Grand Junction Mine is to the effect that the'footwalLis not yet .reached. The drills are still in quartz, and the face looks fairly-good,' a portion being mineralised ore. ..'.■'.'•■•.:...-;

A. REVIVAL IN; COEQMANDEL MINING.. (By Teleßraph.-Special Correspondent.) Auckland,. July 29. • ■ A, revival in .Coromandel mining-■ is taking place," and the rich .ore discovery at the Eoyal Oak, Mine is giving a fillip to-the'-Tokatea group and the Coromaudcl stock'generally. 'It is stated that the Royal Oak Mine ha 6 entered, upon a most important/epoch in its history. Tho oldest hands say they have never seen the precious metal so coarse "and heavy in the stone as is now being obtained in thb reef cast of the bar of hard country at No. G level..'Between this .level* and No. 7 there is a block df virgin'ground absolutely intact, with over ,200 ft- of backs, while there are several hundred feet from No. G to .the surface. Quite recently over J6IOOO worth of gold was obtained immediately abovo, the present workings, whence tho specimen stone is being won. A gold-bearing band fully 9in. wide is at present [showing through the reef for 4ft. in the winze sunk below No. G level. Up to the present the Royal-Oak has produced bullion to the value of .£290,000, having paid nearly .£IOO,OOO in dividends.- ]t appears thatin'tho near future the mine will again enter the dividend lists, as it is at present paying its way. ■". Rich :ore i.s also reported in the winze at the Hauraki Freeholds Mine, and 1 gold was seen when: breaking down in the Kopurukaitai Mine at Coromandcl. \