MINING NEWS.

Dominion, Volume 3, Issue 646, 25 October 1909, Page 10

MINING NEWS.

;MININ T G MARKET. .-. , Only one sitting'of the Exchange was. held on Saturday, and the sales recorded, were.:—New Sylvia 4s. Bd., Tairua, Broken' Hills Is. 2d.," Talisman £2 10s., £2 Us., Waihi £9 16s„ New Alpino (contributing), 4s. 9d., Eoss Goldflelds, 10s. 3d. -.- ,- !:" -'■■:.-;." , '".-'' : -qtj6tations.-'.; : i "'-...; Tllo latest quotations, with Iho. list sales, were as under:— ' .-. . ■

-.as under:— Kuranui Caledonian, Is. 4!d., Is. 4Jd. Quoon, 3s. 7d., 3s. 6d.,.45. Id., 4s: Id., 45., 4s. :i'/,.Mountain King (con.), Is. Id:, Is. Id. Now Sylvia, 4s lid, 4s. od., 4s.'Bd. Pride :of Woihi,. Bd'., Bd., : Bid. r -."i";> :.:,■.:::-. -Itoyal'Oak, 2s. '?*'' ij.v,-' >,','.';■.-. „.'.K .'■; Baioun Is. 3d.,15. 2d--.-'-.--, : . ■,-.'«;.- '"'■■;■ - ! \ .''■' Tairua- Broken fHill3,V,Ms.J;ld.,ils.v3d.,;-,15..i;2d.; 'IS. 2d.,'is. 2d., ls.'2d. ''"'"' J '* '"6- ' ' Talisman, Ms. 9d., 51s. 3d., Ms.. 9d., 615., 515., .-50b. 6d., 50s. 6d., 605.,, 51s. " . ; .' - Tangiaro, 4d. • . Waihi,' £9 155., £9 165,, £9 16s. ~■.,; , . WaihUExtcnded, <5.'9d.,.45. 10d,- ,?-:: > , ! >;...:•= ■ Waihi'.Grand Junction, <6s. 9d., 455.;6a.,.455.>3d., <ss.i'<s«?- ' . ■■ ; '"" ■'.'■'--"'"• Waiot?;hi, 4s. lOd. . Waitangi. >3f. Bd., 3s. lOd. -.< ,' : Oon.'OoldfioldF. 18s. 3d., 18s. 6d: ' ':-Now Alpine.' 4s. 9d., 4s. 9d. ~-':" '-. Neiv Big River, 44?., 445. .- ;-;.'-"'."'■■: .".'-,.■ 'Progress, 12s. ' ~•'-. Ross Goldflelds, 10s.• 3d. . '.), ■ J '•-•■(■).• STOCK EXCHANGE. ', IBs Tclccrapli.—l'rcss Association.) , : Auckland, October.'- 23.: ■ Business done at the first, call of the Stock Exchangp included:— ,; ■ :' , '.May Queen. 4s. 2d. \ Sv-lviaj 4s. 9d. ■ ' . '■ "'■', , . ''■ -A'lhnrnia (paid), 2s. Id., 2s. 2d., and (con.), Is. 9d.'-' ' , ■".••' ■-.'.Watchman,.2s. 7d. ■ ' ~ 1 ■' • Consolidated Goldfiolds, 18s. 6d, Progress Jlinen, 135., 13s. 6d. Glamorgan; 7id.; : . -.■ ' Tairua', Broken. Hills., Is. -3d. Talisman, 51b.--3d. ; ;, r ~_•..•' ■'•,!'''■■■ >.■■ f > Grand: Junction, 465. 6d.; options, 235. 9d. . -BREDGING. ."■';'.' ' T '":;';':^ '(By Telegraph—Prcas'A . Dunodln, October 24. Dredging returns:—Golden Bed,-560z. 2dwt.j jfolynoui ,Jlydm-.i1ic,.,:230z. .15dwt.;- Alexandra Eiiroka,'2oo2.-lOdvit;; Enterprise, ' 18oz. 3dwt:'; Chicago,, 17pz. 14dvft.; Olrig, ■ 7oj. ldwt. ~ . V . > MINING NOTES.'- . Halcyon—The laot few feot in'the break has been a little firmer. It- looks more like quartz, and is making'a little mineral. still a heavy. flow, of water. ~,'.. .Bonanza.-Tho low- level, is now;in 110 ft. :Thc country is favourable saedstdne. '-Wateif'fs still flowing from the'-fac.e.. ■ ' ;.,.■■'-."...■ Pour in Hand—No!i 5 level, is being advanced at about sft. a-week. Last week a leader 2in. in width was'passed: through,- otherwise there is no'change in the country..' At No.'3 level the reef is . encased 'in an excellont class .ol country. Tho' reef itself looks very promising, gold being freoly seen -in ; tho .stone, and 61b.-..0J picked stono .selected '.as. already; telegraphed, No ana'rti has been broken'down since: .- :Tairua Loads.—The''contractors haTe.:extendeiJ the low level crosscut, a-further, distance oi 13ft. for the week; ~ Several nice. looking veins of mineralised ruart'z'have-beeh.passed through during the week, arid the country generally is slightly tighter, but.still of a..very favourable description for gold.-.' .-■ >• , ';.--.'.,. HandSworth 'United.—The • main lead- in iwinze from No. 2 level has dipped hillward (west),, and for the last few feet we have left it in tnc wall, and continued sinking on. the small'leajl This continues 1 to produce rich stone,';and ap : poars identical 1 with the smallor'leader'ln hanc in the south .'face of the low level, and-when it is also showing specimen g4ld at'the;timo oi writing (ain forwarding stone from this.poinl by post). The,-largest or eastern.L lead, twhiol the manager takes :to b0,N0..1, is:also;. Bhow, ing small specimen stone'lh a pug near-.the floor of the drive, and ia carrying splendid cmnebar indications. -The-■ crossout.; to, .interseel Huntly's reef ir.-the Irene/section.of; the mm< is still .penetrating'good'.country for gold. •■ ;New Waitaia'.-The reef" in the stope off th( north rise at the intermediate lever is. B,rnohei wide, ■ encased in nice country,' and . prospecti well.' In the-stopes north ..and south. off < thi main rise tho, country is: tight;'at'present, bathe reef prospects fairly, and is from 10 to. 1. inches wide. With reference-, ti theJarge, bodj of stone now 'being prospected at -No.- 6:devcl it appears-as if the reef has -laid-.:over,. ant -made a huge blow-of.-quartz.;: .There-is. stil quartz ahead,-,and it has_showcd visible, golt nearly all the::w»v in. . This has bee» pros pected very closely,. and thonjh- there are :mhi portions carrying very, little;, at thi'»«»» Uia< most of the gold shewing is-vorr-coarto, on< would be easy'to :-nave.'-Heist also easily,broken. - about 15dwt. per ton would The.;forty-toi parcel of general ore .shoul;, »o.: through ycrj shortly, wheu it''is:intendeu"tO'.'clean-up,'anc run' for- a woek .;ou • sliaes -to koepthi agitators going.' Then : a trial-parcel will ha pui through: from,the blow alone;-,to'ascertain* tin value before mixing it with-, tilt .general .-ore Tho contractors .for- the low level haTtdrlvei 21!ift. for the week, making,a. : total-distance o: 1061 ft. since starting.. The .country,, is, a littli easier now, and;-'freo from strinier3.' : '■

, . • Buyors. Sellers. Sales. ■ .• - ■ y".;r.jf :''.•£•*: ci. ; ;■.£:.». d. £'». d Dkon Consolidated,'...;..';/-i. _. i, 0.0 11,., ir-'-. ; Dominion ....;.. — ''.00 5' , .— Komafa Ecofs — 0 0 7 — .Kurariui "..:.• . : ?."'- — :-"•;>. -.0' 1.0 .- ■',—.: : 'Kuranui Caledonian ... 0\.l 0 ; 0 VM\ '■ •—,-. May Queen .....................0 3 11 0' 4 1 — :■ N.Z. Crown. .; 0 5 3 .. — '. - New 'Sylvia 1 _.... .+■ •■ .04.9..0-4 B Old.Albnrnia :.. .0 111 0 2 4Iioliance , .':, ,...,0. .0, .3. .0...0..5..,., ..— .■,. ■.Saxon ••*.-;(.-v. , .'.'.'.K:.V.;.'»r;:.';V 0-r-2/'0' 1' 'j..--.ii-t • 'lairua Broken Hills ... 012 013 012 Tairua-'Golden Dills ... —'• ■ 0 6 9Talismari' ; 2 11 3 2 11 6 2 11 0 Taneiaro' ....; —.004; — Waihi .-<... '■■-, - 9 16 0 Waihi Grand Junction 2 5 9...■•..2. ( i : ■ —;.,. Wa'iotahf -'- y'.'-.O 4'11.'.* : -■ -■: WSitanii, 0 3 '9<- ; , ~(f'\',- —■"/. Watchman ;.... »-.- M;'i0 2\i'; ~.\,i Con. GdldGelds ' 0 18 0 — : — New Alpine (paid) 0 5 0.060 — New Alpino (con.) 0 4 9 — 0/4 9 Progress .:. 0 12 0 — — Boss' GoMflelds '-. '. ,0 10 .0 0 10 3 : 'CThe cowse ol sales during the; nasi jwcelt, was