MINING NEWS.

Dominion, Volume 3, Issue 664, 15 November 1909, Page 10

MINING NEWS.

WELLINGTON MINING' MARKET.- ■ ''■'"•?; . ■There was-only one ..sitting.of ■ the -Exchange' on Saturdays■ and, the sales recorded,;wore,,as. under;— i>" .'.'■'■:•'. ... " '~ ,''.. '- - .Maorilarid, .9jd. , , Waihi. £9 rl7s. 6d. *,:• ..--.. ' Waihi., Grand' Junction, '£2 Is., ;£2 Is. 6d., £2 os. 6d. /■;■ ~'.'•■.'• " '•■•:' ' ' : ;" , Waitangi, 35,;7d! .;;■ ; },i« .£;■';.-■ A;;;:;-;.-.- ;f; I .--v..,. ■ '"'" QTJOTATIbNS.' ' ' '•''■" ! ! The 'latest, quotations, with last recorded sales, were as under; — Buyers. Sellers. Sales. •'>.-. '•-■•, . ■£*: d. £s. d. £s. d. Dixon Consolidated 0 0 9 0 1-0-—-; .Dominion „ — 0 0 5 —,-.' Golden Belt 0 10.0 12 - Knranui 0 0 7 0 010 — Kuranui Caledonian .... 0 14 0 18 — May Queen,..-.... _...;. ,0 4 0 ,0-4.-3 — .Maoriland .':..:■.-.'-.;.;....;....'',0t'0::e -0 0 10 'Mountain 'King „:..::..'.:: —'.013 -. . ,N.Z. Crown _....;. 0,5 9 •"— — New Sylvia .0.-4 11 05 1, —;. Eelianco .•.■_.';;"..'.......--..'.';i. ■' —'■ -0-0-4 _ ,Baxon _ ;.,.-. — . 0 1, 7 ■ — .Tairuav Broken' Hills -■.;.-,■• 0 1' 2 , .0., 1-J-,-■" — ■'-,- Talisman ' ......: '1 12. 3' !!i) -'." Taugiaro .......; A 0 0 1 .... - . ' - Waihi ;,. ;....; ......;;;.:. , —'-. -.■:■'- 917 6 Waihi Extended-....'.. - - 0.4 9- .—■-, Waihi Grand Junction... 2-0-3 2 0 6 2 0 6 Waitangi ..".-.....■■ 0 3 6 0 3:7.037. Watchman. ~ 012 ,6 0 2 8 .—' Con. Goldfielde ...'..".....;.:..' , ■•'-; ' '0 17 'S ".-■'•- Progress' .......: ..-.....'.'■ .0 U ; 9 : ,: : ,0.12 3 — ' . "Ross G01df1e1d5..,......:....0 1l 0 "0 12 0 - The course of sales during • the past week was as ■ under,:—-., Dixon Consolidated,- Bd. '■'"■-• .--.■'•'!■ Maoriland, 9}d. 1 ., ; ■ ; -. : . '■'. . • ■■-•■ ■ Now Sylvia, ss.' ljd..' ss. 3d. ' iSaxbn, 1 Is. 7d., Is. 7d.' ■ ".!•"•• *. Tairua Broken Hills. Is. 3d.,.15.. 3d. • Talisman, 525„ 525.. Els. 9d.;' 5Zs., 525. 3d.," 525. 3d., '525., 6d„ 525. 6d„ 525.. 6d. ~ Waihi, £9 18s., £9 17s; 6d., £9 17s. 6dV £9 -165., £9 175.; £9 17s. 6d., ..., . Waihi Consolidated. 4s. Bd. ■ . Waihi Grand Junction,. 435. 9d;, 435. ,'9d., 41s„ ; 41s.', 41b.- 6d., 40s. 6d. •.-.•'• .. . , Waitangi, 3s. Jd., 3s. 7Jd.,' 3s. 7d., 3s. 7id., 3s. r?d.,-. 35..- -7d.. ,',-.. , •-.-• --. ■..- ~- ,-, ; : Consolidated.' Goldflelds; 175.. -.,': ?' -•■■'/." .f i. Progress,'; 12a. 6d:," 12ii.;6d.v'.125:,.6d., 12s.. : 6d.'i' : Boss Goldneldfi,:,lls. ,6d.,-.115,;9d.,-. Us. : 9d.,.'115. 9d„ 125., 128^;lls>' 9dV.:• . "" :'■■ ' -;:-.;■•■ ~-,.--••■, , '/,.'.''."'." V ,:..;' STOCK EXCHANGE. ; ...'.-..''■ ■ ; . !By A«»ocl»Uon.i . '.'.': i : ' '•', ■ Auckland,-November 13.' Business done on the share aarkot' this morning included:— . "'l' "" -• Sylvia, ss. rid.' , v,. : " ' ' - ' Wniotahi,'ss;'3d.-V'-:', '.'i '.';; l ■'. . -Talisman, 52sV'9d;;'and 53s!■','-.' Waihi. Extended, 4s::. 7d.' 1 '...-.J -." ... •- • ' Saxon, Is. 6d. ':'-►•■. U - '•;■ "'-..-: : Consolidated Goldflelds, 16s.- 6d: ; «i. Golden Belt (paid);.ls. Id.; ditto (con.)! 7d., Bd. -May , Queen, 45.;, 2d.' ~..-''.' i Waihi, 1995. . ■■':/',■','..■ . VVKI'V- . ' .Grand Junction',' 4la.- ' ':'■■: . ■') ' ;,'.v -November 13. ; The following sales were.' reported on the Stock Exchange yesterday:—GraridVJunction, 40s. 9d., 41s. 3d., and 41s. 6d. -. . '..,

THE ; TALISMAN CONSOLIDATED. LIMITED. The report of the Talisman Consolidated for the fortnight ended. Soptember 25, 1909, is as follows:—- '■■:.. ~- . :','''.■■ \N6. 11 Level.—No.; 8 crosscut:' Advanced 15 feet; total, 919 feet; ground somewhat harder. South drive (Welcome Beef): Advanced. 17 'feet; total, 78 feet; width of;: reef, 48 inches;, .values low. No. 10 crosscut :':Advanced 18 feet; total, - 411 feet; no ; change'to report. ' ■•.''..-'. • No. 12 Level.—No. 11 winze:.This,was' started at 1210 feet south, and sunk 7 feet: width of reef, 18 inches; averago of as?ays', £1 13s. 2d.; on account-of,-water, have discontinued work at this point. fStoping: The values from stopes of No. 121 rise average £9 6s. sd. ;• tons ' sent to mill, 455;: the., values from east- vein' Btopes average, £5 9s. 2d,;, tons.sent: to mill; 250. No. 13 Level.-^South, drive:. Advanced 40 feet; total, .541 feet; width of reef,, 8 feet; assaysaverage, £1,;165!'4d:, , ....'. . V ..■.,';• • : WILBEEEOROE REEFS, WESTLAND. '.(By Telegraph—Press Association.)..; , •;■■„ :, .. ..■'•■■■: Hokltlha, November.l 3. A strong company has been formed in Wellington to work RddoVaiid Eaucke'a claims ih'the Wilberforco Valley, about" which such a highly favourable report was made by Dr. Bell, the Government Geologist. A drive has been put in to a depth of 186 ft.,' .where nj remarkably rich vein was struck. A large, sample, of the ore assayed by the .Mines Department'gave a result of £4 19s. 4d. per ton... - WAIHI' GRAND JUNCTION/ '• inir OTegraSh-Prc9s;As*i>claUon.i.'.'/.,''•. ','-.. '', '"'•'••■ "' ' 'Walhi, November 13. . f he latest • report on the developments at ■ No. 5 level of -tho Grand- Junction Mine on tho Em-: pirc and Royal 'lodes is satisfactory as regards size and value. In the former high grade ore . is being met with in tho western face, while tho opening, of the Royal lode is also disclosing ore of high value.: The management oonsider the developments in , tho south-cast crosscut. highly satisfactory. ~..-'■ ■:'.- .-•-.;■'-•! ■•:•-. ■' ''' :; '.'DREb(ilNG;''"'•. '' :■!''■;'"'.'".,;" ' \Uy-Telegraph—Press'Asia'clMlcs':''' :'V"" „ .. .'. \ .-■■'•;' Duncdin, November 43. ' Dredging -returns.-Waikaka United, No.- 1, la2i- "£ h 'J?*' Mwt ' ; Ulaokwater River, 460 i. 2dwt;.Punt, 12oz. ldwt.; Worksop, 41oz. ,2dwt.; Rising Snn, Sloz. 6dwt.-'- , ,*.-'• ■ ■■ ■; ■-.■■■ I' ; aL : '• V '■■■ ' A- 0 """""! November-R . Dredging. returns.-Eis£ and .Shine, No. 1, 80oz,' 5, ,^'- : S ia / ,? nd r§ hlne ' No.. 2,. 390 i.; 15dwt.; . Golden Bed, 31oz. ; Chicago, 28oz. Bdwt WSr-; ..Mplynenx Hydraulic, 270z. Bdwt. 6<r.; Muddy ■;Creek,' .No.': 1, 20oz. lOdwt;; Miiady Croek,. No. 2, 200z.; Mftnuhorikia, IGoj.i Alex.andra;Eureluw.Uot, Utot; Olrig,. hi.■ BdWt. - 12sr.

,:-'MINING NOTES. ./■XJ' : ,'.l Scandinavian-.—Nightingale reef: The'- miao ' mo-nager Reports ■' that: the. drive on this reef ha 3 been extended Oft. for the week. The coun-try-pasced through has ■ bear somewhat; milder to. dnvo, ; owing to the'.break passed throneh. The ijnarta broken '■ down showe'd good:'bright mineral, and'the hahgingwall and footirall aro now very ■tuna; which fact indicates better, prospects than.'before. Work on Lowrio's reef has been proceeded with as-usual by driving on the footwaU. This lß'a.flno body, of quartz, s,nd now looks better than o.t any time previously reported. The country is of the very best description. A start has been mode to drive south on the reef, and the work done has exposed jnst 3ft. of quartz, which look's! well, imd the prospects are all that could .bo desired at -present.; ~'■■■■'■ . Waihi Benoh.-Tbo north drive is in 12ft. since I the contract started. A bitter class of oountry is/showing ~in the >fsee.' The , pump -is now holding thowatcr under without assistance from j the bailing, tanks. '•,....'■ Halcyon.—The tunnel,on the break is along 4Mt. -In the latt- few' feet driven a few. nice black mineral'"veins have been mot with.' A good, flow of water is coming from the.i'ace. •■ Bonanza.—The low level is in 142 ft.,'.' through first-class country. ■'; . ■ .••'•-. leader in the back of the i-ise is 4in. wide, encased in splendid country, :.•• Wb<m broken down it' showed - a few:' colours of- gold. To connect with.No.'3 Uria : level;' a distance of 45ft. ! has to'be-risen. Waitarori • Cor.PoUrtpted.-Invth.e-.' fourth; ■• Btope at the intermediate level weßtern segtion the reef shows an average width of Bft. The manager has' go* what he. believes to.be the junction of'.the Siain- reef. . Ore. of good; value has .been got considerably further wcjt at. No. 2 level. The eastern drive is along 139 ft. In No. 2 crosscut the reef still looks very well.