MINING NEWS.

Dominion, Volume 3, Issue 639, 16 October 1909, Page 8

MINING NEWS.

".'. ..WELLINGTON MINING - MARKET.'., The market was quiet, there were comparatively few sales, rand the tendency generally was I downwards. The ■ day's sales:' were as under:— • .' Kuramii,- la. (first ca11)...-.-,.• <.- :,:-..--.' . May Queen, ,4s.',6d...(second call)., ~,, -~.-■ .• -.;■ '■' Ecliancc, 4d. (first call). - : ~ '~.,'■ - . Saxon, Is. 4d. (second call). ' ' . ' . . ■. Talisman; £2 lis.. (third call).-.' ' ."' Waihi Consolidated, ss. ; 3d.'(first call).■•.'■■ ■ ■; lVaiotahi,',4s.- 10d;, (first'■;call);. - <5.'.,'10a., 45. ; -10d: (second'call).'-'■:■- . „■'..•■'- :-":.::. '■•:'..'■ .•■■••'- • ffaitangi,. 3s. 7d. (second, call). . : ,-, •„-■,,.•. •New Big'-River, £2.65.- (first-call). . - . ';. >•, : Koss Gqldtields, Us. ..(first call). y . *y- : v ,-■'"'v:.;.'■'./'QnoTATipHs'.'; r- :Y'\' : 'S:Y[ ! The latest nuoiations, with the laßt recorded sales, were'as under:— ,: ' " ."' ' ' "•; Iluyers.- Sellers., Sales. ■ £ s d. £s. d.- £s.-d. Dixon,Consolidated...;... 0.0 81;' 0 o'lo ,- '- Dominion. .'. , - .. 0." 0 .71 ,' — Komata Eeefs -.;.■;..: .•• —~' 0 ,0, 8 . -.—. ■ ■ Kuranui "...-. .........;;.:..; 0.0 11 0 12 .'.O"!- 0Kuranui Caledonian.'...,.—. -.:0 .1 8. .i .'-;.:■. Stay Queen : .'......;.;. 0-4. 6 — 0 4.6 Maoriland : :...:... ..: 0. 011 0,1 0 ' .-, Mountain King (pd.) ..: ...— ;0 1-.5 ■—;■ N.Z. Crown 0.5 11 0 60.. .'- New, Sylvia o><.4 6 '0 4'9 —, Old'Albiirnia :.;....;.'.'..:....'; - . ' 0.2 .0, ~'—, '■ Pride'.-of Tokatca ....'.:..; ■ —;' "''• 0 ro:'," -"; Pride'iof : 'Waihi : .;:;.....'..•, -;.'-:--:0- : l' 0-'--''-^O'-' ■Eeliance ;.■;,»;...;....:.:;;;:...; :■■:' .- 0- 0' & -'."0 .0-5-Eoyal- Oak-.-.:...-..-. :;....: 0 -2'2 • r,^—.•.-i:::...^-, Saxon -.-.:;:;...;,.........:. 0- l',-3 • f-I'.i'i = 0 1- 4 Tairua Golden Hills .-..'0 '6, 6 ,0 1- 0, " :-, Talisman ■ v......,.....:. 2 10. 9 : 2.1J..6-, .2 IT 0 Tangiaro ' ..: :. .; ■— .0. 0 5 • " —-, .Waini .1.;;..:..;..:.....;......: 915 0- '• 917 0 "-'■ Waihi. Consolidated ..:..; 0 5 2. ■ 0-5 4. , 0---5.-3 Waihi Grand -Junction 2 8 6 -' 2 9 3 — Waiotahi .: : '.- 04 6. 0 411' ' 0 ;410 Waiting! ...:........; .0 .3 6' 0,3 8 o'3 7 Watchman ...-. ....,..::... 0 2.9 "0 211 -.' Blackwiter .:..........:..-... 1".6 0- I' 6 6 -' Con,,Goldflelds :...-....:•■—. ■■,-. 1 0. 0 ■ ' -' New Alpine (con.) ■;:...- 04 6 0 5 6 — New-Big-Biver>- — —■' .2-6 0 Progress- „..., ~,.,. .0 12 6 0130 .. — • KossGoldfielHs .:...:......" - ''011.0.. - ! ' . \ ' STOCK EXCHANGE. ~'' (By Telegraph—Press Association.) ''Auckland, October 15. : The following business was transacted at tho first call on tho Stock Exchange to-day:— May Queen, 4s. 9d.. - ... Pride of Tokbtea, Is. , - ; 'Koyal Oak (con.), 2s. ,4d..'. ... ~,. Maoriland, • Is. 2d. Talisman, 51s. 6d. '.'.'■■ 'Waihi Consolidated, ss. 3d.' -'... •-.--.■.. : Waibi Extended, 'ss. id. • " - . ■■':.' . Waitala.'.'ls. 4d.■: ... ...'..'.,; '.;......•. .Bank of: New Zealand,-£9 18s.;; .....-; ; -,;-- ; . Northern - Coal, lis. 9d. ,',,,,-,.• , ; ' Tho'fdllowing,business was done, at the, afternoon r.callVf- . ;.,.'/' .'".'-...,.'. Kauri Timber (con., -165.. ''. ■■■-:'• Auckland Tramways (ord.), 21s. 9d. .•..-•■■■.■■' Cement (drd.l, 40s ■ '■ " Royal Oak (con.), 2s. 4d. New Zealand Crown, 6s. '•'•,: Glamorgan, 7d. Golden Belt (paid up), Is. • ' Komata Beefs, 6d. .- ; Tairua Broken Hills, ,2s. Id. Tairua Golden Hills, '6s.' 6d. • f Waihi, 1975. 6d.. 1995; '-.-■.. Waihi Consolidated, ss. Id. . - - ( " '■ / t Waihi Extended, 55.. '','..' Waihi Grand Junction, 495. 6d., 495. 9d. ... Handsworth, Is. 2d. Mountain King 'con.), Is. 2d. New Waitaia, Is. 4d; ■ '• " Diion's Consolidated (con.), 9Jd», 10d., IOJd. •• . Kuranui. lOd. '■ May Queen, 4s. Ed., 4s. 9d. Waiotahi,'4s. lid., ss: Watchman, 2s. 9d, Old Hauraki. 2s; 7d. ' " . '■ : Pride of Tokatea, llld.;. • -"' '■'.' Dunediri, October 15. " Stock Exchange sales:- <-,:;.-- :.■ •■ ' ~ 'Waihi-Grand Junction; 485.'3d.;'.485. 6d. , - Talisman' Consolidated,. 50s. 6d„. 605.. 6d. : Bales reported:— - ' '- Waiotahi, 55.. :4s. 11 id., , -. ..-•.. -, National Bank, ,£5 195.,"' . Waihi' Grand Jnhction," 495. 3d., 495. , ''...' Waihi Extended, ss. '";-■'.'. , ;:■'""•' '. MOUNT -LYELL.'' ';■■'..-'•"!' : (By Telegraph—Press As.sociation.-rCopyright.).■;' ' ""• ' ■■' ■-'■'■ Melbourne, : October ;i5. - -'. The Mount Lyoll returns from September 9 to October 6 (inclusive) show that 29,31 tons of ore was treated, also 141 tons of purchased ore. Tho converters produced 665 tons of blister copper, containing'copper. 655 tons; silver, 51,8540z.;gold, 13300z.- ~'-:. ■ • •;■ ' .".'.'".'r .WAIHI COMPANT., (By Telegraph—Press' Association.) . "- Auckland, October 15.', For the four,weeks ended October 2 the Waihi Gold' Mining Company crr/,hed and treated 33.697 tons of ore for bullion worth £75,52. • DREDGING. ~' .- (By Telegraph—Press Association.) ■ ■'■'. Dunodln, October 15. Dredging returns:—Manuherikia. 510z.; New Roxburgh Jubilee, 370z.; Mystery .Flat, 31oz. 16dwt,; Masfcrton, 300z.. 9dwt.; Koputai,- 19oz. lldwt. 4gr.; Patterson's Freehold 11, 190z.; Good Chance, 15oz: 13dwt.; .Central Charlton, Bd\vt.; Electric I, 14oz. 3dwt.;, Waikaia, .6oz. 3dwt.;, South Waikuia, soz;. 6dwt. , 1 '■ TALISMAN. CONSOLIDATED. Talisman.—The following is a copy of a wire -received from the Talisman Consolidated Company by the Wellington Stock ber "13 level south: Progress, 42ft., width of reef, 42in.: values low; stopped; until leading stope over this level can be timbered. Driving north in branch vein; Progress, 19ft.t -reef, 4ft. wldei 1 , % «say value, 18a. j shaft lunk 19ft. .

■; 'v'" MtNINQ'NOTES. :■',',-. Watchman.-Tho'faceof- tli'o low level'-is now in 43ft. The country is Urm,'with-, quarts veins crossing; the face. ; ' -../.' .:.. . Golden Belt:—The connection Is now' finished with the IJluils section,' and ore is now being broken and-sent-to-the'mills.' In .the drlvo. at No., 1 level: the reef-.looks very. well. : It is/keeping ' towards the .Bluffs'.. - .■'-•;. ;Tairua Reefs^—The contractors havo: completed 55ft.'of their'yresent contract in *Ight days. Tho country is still of a; first-class-description. . ■ Point Husscll.—A fair supply of crushing dirt is coming tb'hand from'the-stopes above the low level.. Dabs of'gold have been seen .in tho . stone broken. ■ No, quartz has been .broken from the reef in the winze below the low; level, but a low pieces of stone/'that 'came away showed nice, looking-mineral: Theigold won.from ' tho recent, crushing was of a value of £79 6s. 9d. . T Halcyon .-The tunnel is now in 281 ft., the conntry still being.of a very hard! nature: The manager. On; Friday, shifted ,a fow' feet, back from the'face, and started on the break that had been passed.. One side has been opened 1 but .on-a long angle,' and: a facc.;formed. The country, is so,far.the best the manager has yet seen, and, as'this break'lcads directly across the first reef, he-expects to strike this at any time. ..'■ Mountain •-King.—The intcrmediatoilcvcV has been'advanced a further distance of sft. for the week. -The ' Country is still firm' nndesite.' The last.sft. of. driving, several' leaders drossed the. face; into the . reef, some-. of-'Uiem measuring' Uin/iri width.. The reef> has been broken down to, within -.4ft. of: the face/ and measures 12in. in width,-, and-has every..appearance' of opening, .out.as the level ..advances-ahead, as. there, is a large | inflow .of water issuing from-: t!he face.. The' ore;is.' still of .a' good grade, and. showed gold J freely vihon taken down. . In No.. 2'stope, the- reef; averages 121n. 'of: kindly looking 'ore, showing strong colours 'of gold when taken down.- In: No, S stope.the reef averages 15in. in. width,;carrying nico'seams.-of sulphide ore,showing ■ gold .freely.' .: .. :: , Scandinavian.—The drive, on" the '''Nightingale Reef is now. 'in.!2sft.', "and-'the prospects bo: far are very'good. The', quartz-broken'down shows the best mineral.indications,.and the, country is all;that-can .be desired 1 for'.meeting with gold at any-time. Lowrie's reef .continue'si.tot look well. ' During the week' a- largo cavity' in the. centre of the reef ■ was met with, and continued along for about 4ft:, and now the reef has resumed its usuajj size', being a' fine body of stone with • tho beat pro'spects. During the week I located what I believe-to be the Black Eeef or No. 3 on\ plan in| this, level, and on-prospecting a, little on it I. am .satisfied.' that it is, worth having a look into,' and • I. intend to drive north on it during thoicoming week. ... .... ■ Crown- Eoyal.-.The "manager: l reports'that the face of the low level crosscut has,now been advanced 24ft. - The; country, still- continues' of a first-class kind. .A.-fair size leader about 12in. made its -appearanco last .week;, and.-though no gold-was seen in it;, the 'quartz looked very we 11.,: . '■'■'.'•.- ■' ■■:■..• ;-. .--.■■-■-■-■ ■;'■". .. Now Waitekauri.—The reef in the BbUth end has\;becn.i Stripped for 12ft.. -The ore-, body-is-m,aking in width, overhead, and still continues payable.'. .-.' . . ■ ■■ '~ • ' .-,.-., ,•:■.:•'■.