MINING NEWS

Dominion, Volume 2, Issue 585, 13 August 1909, Page 7

MINING NEWS

I?•'?.: -/ : .y:- -. ; . '..'. T/.'i / -?:. <J i:.. • ..' ' ; STOCK EXCHANGE. ',-• ' ,: .. . ;^V' } ' - .f , OprrcSDondent.) . :tojvi££ uiliianci,'"-; 'Au sustJl2. : -'aWtb-diyfei-niiniiig isalea' on': tho . • Auckland .Stock Exchange:—.v . . .7.'. , '>•....• iii>Bon eLniiii'i (p aid) f'"-:9d '■< t lUd.: to Is. , Id; :, !' ■ ■' - i-.i'.r, J' >.-'lfay' Quscn, '■;63/'.5d.,--6g. .Ca.V.D3. sd.'- ' : / ::/ ' Ifew JlonoY.'ii,-,15./.2d;. ■■ ■: ' iHeTi-.- Sylvia/ ld..; 1 ' ' 'v :. :■ -/' ■■: vX;;: ' .;-,v,'old v AlbTiiaiiiti'.'iZSil' lp.S-'J (pSidJii Zb.'- ■ ' 'ScantliiiHTiani' 2id.' ; v : ;../ i/;': '. :.j\' ; : '.^A:i^. : ■; ..v" ; -,.■.•::' ■ : ftiotfthi, -75./5 d. ,: 7s/4d..' ■ . , ;iWai , tMgii':f4s/i-6a;fto\4s;i , i6fl.v.to 45.. 3d. . ;'■ . ' WatclrmttU l ' 3s. : 3d.,' ; ,35. ; '4d. :r' '-/ .lil&ckn-atsr, ■'295./' : 6d.N ;". : v <.• \ ~> ■ >:;■■ •=; ■•,-'• . Old Ha.uraKi,' l 3 &d., 16.i7d.:/ /V' Y'!l(apanß&,. , ..7i(l;; ;.7di!:.u-'K i'--;-■:t■ Prideof jyvM ; ;i; .A*' •t'VS«W..'Oak' : "d.> ,to:;3s.-3d: :;to\. :3s', ■\t .'■"■? >v,v'. 3 M.' r.A , : :'; , .;::':V'\'Vvc:i: r-% ;; - : Y/Clfofi'n,: 6s. lid.' :to -6a. lCd. to. 6s, ;■ lid. >:;':' . '-''':/Dorainion V (con';},:.' 10d:~->. : i ; * --Sr v/ .' /■. ;/ ■ ;,Kiril:iri, ojd. . : ..... • ••. ' { ■'{: •■ .. sl'KdTanßßhakorjls.'r;' , WiSKtr-;.*:,:V: ;1 : v.:•/ I'tiflo of \r.-iiiii, 13.' Ed, ' '~!• '. '.'; ;v.: v/ : Shototor, Sia. '• ' : ..• ■;. '. " •.••• •. • feitus. :;' ■;."v. ; ''\Tnirua^)Awn r ;2id;? : !^/l;'fe;..';'^^:V7''-iO; .Tolrua' Monarch; .7!d.i?Bd!, f 7d.' I.' ■ •. ;(/,Tiiir,aa;-EeMc; .7d. : /'6jd;,.(6d.' i paid| 1 ;,6d. ) '6d;f(cbn.)v ii.!>l'aliStaan, ,? 67G.:,'6d. t 'V.'; t?'< Hv,/<v V; - *.f'VS'a.ibi,\-i69' 10s;-! > >,;•:/ /-/viAviV IX',? I .'; \ • Waiiii. licach,' 9<d..". ICd.;. ; '\ * ' ;'-WtiiUi.\C6n^olldated;i6s.- : '5.[1.i'.'59. "3d. t ;i'ss.'::4de. ~ v .'. ! SVaihi. j'Kxtenddd/:'Bs./.-Bi'V.ld.., 1 : r'Waihi'iGradd/Junction, V64g. r 6d;,,;539. .to 645.,-.to ' .; Grand Junction-: options, .'3ls.'-.: " ■ . U>/>-. : :ss>, ■ lland9w-orth,. 13. j.4d, I 'ls./3d./ Mountain King. ,(coii.), : ',is.:"vßd.- <■■ i ■ ".•Ncw.-Waitaia, -od.,^ls.v7di/;.- , ;.!l-; /;/..■ .f ■.■:■"?V-,.'.'■•■: ' : ' ./ / . , Dupcdln, ;AllpU3t'-'l2. '.: u- : Stock ;: :Ex'6hanga ; ;saloß •—Wftihi / ' Grand - "tions, : ;£2;:165./ (twd. parcclSi.'eighthweeks' forward)/ : £2..;128;. 9d!;'.;Waiotahi,i7i.: 2divH.'-:V ■ • : : I i fe^P AN ®^?NcnoN^ " 1.." ! (By TclctrrapU.—Scecl.il Corrcapondent.) ■•-.■j- Auckland,'--August 12. 1- .ii'hb /manager -of . the .'Gfiiid /J.unb'tion rcp.ort3' this afternoon', that 1 , the, face: in/the north, cross--eitt -?at.<HoX- 5-- levoL:'.(HaHhi)r"lode)' ! ig .;still ..going: :thrbugh; T ooantry /rock://-- Progresses. sloaV.' .'i./,.

, WAIHI CONSOLIDATED. -.(Hy.TelegraDh.-rSpcelal, Correspondent.) x Auckland, August 12 Referring to thc iWaihi .'Consolidated mine,- the: "'Herald's I ''special commissioner 'says:—For-;' raerly'., it ' was 'owned - by.: an... English; 'company, .whichJwbrkcd ■on .the Silvert'orivlodo system in.' . the. Fayona'.shaft,' ..snnli,; 300 ft. The' lodes -"were ; proved to bo' of -low • grade, and .^operations''-were',.'suspended./;,;,(-During;- the progross 'of this: oxploratory '.-work; a good .deal of Stater-' was!- encountered, ,:but'.. since .that . period ■this lode syitcmiih'as been, drained by. the Waihi ■ yhmpsi; Showing lvcrF :. plainly Vthat ; there: is a ■cinnoction,between the two./recf systems. .When tKa ffaihi:■ Syndicate took: the- mine;.jveivthoy, sunk a shaft near.tho Grand Junction and :Extended boundaries.-' (The ' intention;-was • to 11 ex-,-•plolt 'the AVaihl lodcfl, which, according' to plan, should bo found both north and' south of the shaft, and'in close proximity,to.it.:. When .-sink-.: ■iAff :-tliis!shaft in : .'thß.' upper, alluvial ground a o«nsider!ible amohrit' of water , was . present.'This, alluvial 'Svent .down,-for :41.0ft., ..where-.the aildesite' bottom: was reached.- Tho; andesito. country, is f dry/ "and -is :oxpected:-to, .remain' .*0 to .a. depth of-9Coft., 'to which.iit'is, intended to sink. : Mio .present depth of tho' shaft is : 540 ft.: The Waiter from . the alluvial • section was •, taken un in> several* lodgments, "and -collected at a depth of * 416 ft.' ;It is in ( connection'- with.this.,, surf ace •Viter" that it is intended -by -the new company - ti' instal; - moro '. economical : pumping appliances. -. V' ' V -Tho cv.:. ,Waihi i ! . Consolidated area is. so far as can bo judged by present- operations in .- the flat; decidedly . well; situated for .the' strike of the known lodes of' the '• Waihi v.systom f rom- :.its .. present: boaring. • For "instance, Mr.-Enans.-is 1 of opinion/tha,t the -Mtotha reef 'should :iiot: be.'fu'r.ther;;than-:3ooft. north, of. the' Consolidated "shaft,-; \vhilst. the Empire may, he : eQnsiders,;';bo ':-intersected, iii ' the sinliing. of the ■ shaft. 'The same .authority is. of.the opinion that the . Royal. should bo not, a greater,"'.distance' away- than 400ft.-:south ;of the l ■shaft." Apart- from this '.it -is,;'of course,- more, than likely:..that with. exploration -lodes .qs yetunknown may, bo'found to exist,. . .Tjils is tho case at any rate, in the . Grand Junction areas ai has been shown. '