MINING NEWS.

Dominion, Volume 3, Issue 670, 22 November 1909, Page 10

MINING NEWS.

WELLINGTON MINING MAEKET. Only four transactions- wero- recorded on Saturday. Golden ■/Bdltipaidrup shares . changed hands at Is. Hd., Waihi had quittance at £9 155., Waihi Grand 'Junction 1 at fi 19a., and Ross Goldfielda at lis.' The: cuotatioas, with i last sales, were as 'under:—. }

.. The courso pf .sal.es during .the. pa3t week waa as under:— • v : v Golden Belt, Is.-lid. , . ... .... ■ lturanul, 7d.. 7di'"' ' . ', : Jlaoriland, ,9Jd.„-'9d. ... <" . :• ■-' May Queen, 45.,-3s. 10d., 35.,-lid., 1 45., Id. , Tairua Broken Hills,-Is; 3d:,vls: 4d.'Talisman, 520.> 3d., 52a. ,6d,' .493. - 6d., 495. 1 6d.,' 503. ■ Waihi, £9 16s. ; X 'Waihi Gfand JUTidtion,. 405., 405., ,335: '„9d:,' 378.;-' '375.; 37a., ■ 375., 375.V65., 375.,' 375. 3d., 37a. 6d.,;'37a 9d., 38a.,-38b, 395.;, i 395.. .-38s. ,'9d.,: 39s;',' 39e., • 395, ' 38s., 1 395., 38s!'6d., 38s. 9d.i.388.i9d.,;M5:--'M:;;39o: 3d.,; . Waitangi, 3s. 7d., '3s. 2d.'' J' L - Watchman, 1 2s.' Bd.;. 2s. - , ~ ••, ijluddy Terrace, 1 223. lOld.',:' " , .'.i-.. Progress, 12s. IJd: - ' ' Eoss Goldfielda,'-Ua. 9d„ lis.- 9d„ U5...3d,, Us.,. Ills. 3d., Us.,' lis., ?s^Sdi.. : ÜB.i .llsi; ; lls.,:lls.::^.;.V; ■ ' 1 ' STOCK'--EXCHANGE;' : ; (By ;Telegri»plr—Prqss • Association.) " : "-.a- Auckland, November 20. , • Business done nt the morning call of ttio' Stock Exchange included:— ■ May Queen, 4s. ■'. Yv'aiotahi.Us. lid. , i , - ; Waitangi {Consolidated, 35., 3a. , »tlrand Junction,- 395.'-» 6d... » <&*•,» r. -Mountain j King jpaid), lid.; —-< '• :.f >• .i ■

i' : : \: "..'■' .•;■-' DREDGING,.,,,,: ,-.' "" ; ... 'By Tclccrapb.—l'rcßS A'ascrJat'loDj . ■','"•■ . ~'".' "' Dundtiln, Noyeinbcr 21. ■Dredging returns:—Eiso v and :'Shine. 'No.' 1, 940z. ldwt.'i Golden Bed. 450z. 2dwt:;' Kiso nnd Shine,-No. 11j ; 356i..Wdwt.• MolyneanxHydraulic, 350 i.; Sandy- Point,■ 31oz. lOdwt. ; '• Rilev's Bevival, 18oz.i Golden Treasure, ; 17oi. ;/. v '-;.. .'-■;• '. [I- -. ;'x ■>'.. .NEW ■'ALPINE...' : :V; .-..:', . ; The following telegram lias • been' received by tho Wellington-Stock Exchange from tho'-New; Alpino-Goldmining Company, Ltd.:—"Now.Alpino manager's'■rep'ort for tho weok: ended November 16: Ko.l:i!lcvel'oxtpnded,.norta 19-feot; total:,north,' 335 feet. X? s t er day, a good well-defined body of Btopo 'camo in-three feet width,-well mineralised, ana-shows lino colours; of gold.-.: Tho-samples values aro increasing, and,-.. I , think, payable. The block hasi every appearance of proving permanent: ■: In'.iitope one.. No., 2 bjpok, tho reef -is' from lft." 6in. to 4ft. in width..; Assays; values 'are irregular,'but shoiild prove • payable.-'-New stpping drill arrived; 60 tons' sent to battery, another ;30 in mine paddqcUs." ,' ' ;■' • ' '-■.'■'■' '.':;'•.:;..;' mining.noteSj: ■ -.■• ■ ; - *. ;;^- Bendigo.'-Uln'tho' Bendigo" mine the 'width'-of the 'reef in .thp- leading l stopo -ia 9£t.,.-'•andyitbo' ■manager states I .that tho oro looks wbll.. •'■ :' .•■•: Tho tunnsl- on. .the 'break in . the Halcyon -muio, Thames,' is 'in 61ft. splendid country, 'with a Mttlo water issuing from;, the face.' '■'••'•.■:■,'■■. '■' • ... ' .' ' Eeliance.-r-At , the Eeliance mine, Thames, the crosscut has'been-extended 9ft. In-tho. last round , of holds fired- the blue metal entirely 'disappeared, and a better, clasa of country appears to.be making in tho face. ■ „-. . , Dominion.—ln tho Dominion mine, Karangahake, the. adit.'level: has been extended 21ft.. A Change' Was mot i with last Thursday, the'country turning into a ■ tough,blue material, carrying bright minerals. ■". .;"■■" ••'■'•' ■'■■'■■-.- '■■■■' Bonanza.-rln the Bonanza, mine, Thames.'/another; 12ft. , has been added to tho drive, making it , lMft. in. 'Xlio country, continues: to'.b'a of a '. first-lass -description, numeroua- mineral iyeins passing through it.- sfill ibbuing from'the face.' ,, :" . ''•: ' ' : ' ' Occidental.—Another 12ft.- has been risen from the-back of-tho stopes in the Occidental Consolidated .'mine,' Thames,-'making '20ft: , in. alt The leader, about 4in. ir.' width, is encased in a good class of country, .and- carries, a amount of'good mineral:-■ : ' • •.:.-'-. , Point Russell—ln tho'Point Eusscll mine, 14ft. has been added-to the rise, making, tho total height 94ft. The country rock and reef for-, mation is much the same as. previously reported, • the lode averaging from 'J'm. to 'lft. in thickness.: The manager expects to hole through it any moment now. ■: - Royal Oak.—The No. 6 main level faco of ; the Eoyal Oalt mine,. Tokatea, -ia' now ■in 64ft. oast from-the winze. The flow of water mentioned in tile intinaser's last report. Ie coming from a new , cross lode, which has only just been touched. Tuo leader on which this drive/has been extended 1 is-Btill small. ,- >, '' Four-in-Hand.—The manager of tho Foor-in-Hand mine reports that-only. 4ft:' was. driven on the low-level last week, on account of the hard - country. . At No. 3- level driving ■ and stopin; has bees'continued on tho reef, and gold continues to be freely seen in. the quartz. A few pounds of picked stone has been secured. to the manager of the Shotover mino.'KarangahaSe, tho low level is in 546 ft.-from the risi,. OTe country is blue, andesite, with' quartz ; strmgere. and : ■ ■ silica seams crossing the face. The reef mentioned in the manager's last report has been cut through in . the' surface drive, tho width, of the lode'.being 10ft. . '.- '- ■ ' ■ Tairua Leads.—The contractors in thp Tairua lieads'mrne havo extended tho • low level lilt. Tho countrv. still has' a very promising appcarince, mir.sral seams being ini evidence and quartz stringers • occasionally met with. -A contract to-rise from tho love!, to-the surface a. distance, of approximately 90ft., has boon let and work commenced. ' ■ '■■'■■ "'■ '

Golden Bolt.—At tho. Go'.don Belt mino-tho reff in tho drive going ■ south at No. 1 level is now n, good • wldor.: than tho drive'itself, and the mer.'are engaged in crosscuting for tho banginswall before going pny. further. The stopes at. this level oro looking, well,: the oro showing gold freely. ; A fow pounds'of picked etono • aro at present : on'exhibition in the company's office, ; ■ ' ' . .'■ ;

Mountain King.—Drivlnir at the intermediate levol in tho Mountain Kinu mine has been advanced 3ft.. The country is -BtUL a-nice'-firm olacs of andeeitc, with numerous mineral ocame striking into the face. The reef ■ is still split up into; strir.gers, but with a' tendency towards coming together again, and there is a good flow of water coming i from the face. Tho

reef in tho stopes-is etill a nice body, of ore, and continues to show strong colours and dabs of gold when taken : down. : ...' : Tokatea.-According to- the manager of the Tokatea mice, Coromandol, the Brst. stbpe south of the rise on tho road level has been-carried to the paint where the leader was • intersected. The leader is •Hμ. thick,,nnd- at last breaking down showed coarse colours of gold. The second stopo south of the rise has been carried along Bft. ; The lender is , 2in. in width, composed of nice-looking quartz. Tangiaro.-The bottom level .drive north on the olden Store reef of ■ tho Tangiaro mine has-been advanced a, further distance of 6ft. iho reef is about 18in. in thickness, showing good minerals and fair ; prospects ,of gold in the-dish... Driving west on the Crown loader is now in'full swing, and'the drive is in 16ft. through an. excellent class of andesito country. The leader is . slightly disturbed in the face by a, cross-lead coming in. The smithv low level drifts north on the new reef is now in a. total distance " of. 266 ft. from tho ■ crosscut. Ihe reef in the (ace is improving in appearance, and is' better defined. Now Sylvia.-The rise (No. i>'iin. the • New Sylvia mino is now up 23ft. 'The reef is 6ft. to 7lt. wide, and is producing ore of good quality, some assays being of high value. The I riso. is. being., taken up. 12ft. in length,, and a,, good supply of ore is, therofore, being accumulated from this source. The work of driving north on the reef is being continued, and tho face is now over 30ft. north of No. 1 rise, with tho reef fully Bft. in width and improving, in quality as' tho face is extended. A band of black ore on tho hangingwall side is. particularly-good, and tho-whole width of thq reof of good general value. ' ' Tairua. Monarch.—At tho low level in tho Tairua Monarch mine driving north on tho reef has been extended a total distance of 120 ft. The reet is 3ft. wide, composed of • Mnttylooking stone, and the country encasing it is of a good description.- Operations at No. 1-level :have. been;stopped for tho-present; Tho" men ore now engaged driving -a', surface" level through tho outcrop of No. 3 reef , The reef at this point is of a large size, a distance of 6ft. having been driven through the reef formation, with Quartz still showing ,in the face. At No. 2 level a s'.ido was met with, and'tho reef was cut off.. Tho drive has been continued on through the slide, nnd firm country; is now showing in tho face,- but bo far no quartz ■ has been met with. .'Handsworth United.—The', drive south at tho low level in the .Handsworth/TJiuted mine is being advanced through very, favourable coun-: try, tho smaUload being carried along with No.' 2. The, amalgamated , area-. having been recommended .at; last Warden's Court, the_ several claims will beput under, tho one license, and as soon, as; tho 'dilFore::£ levels', arc repaired tho manager will/get' a'-.complete underground survey, made and plan prepared so that a comprehensive working scheme of operations can. be'.undertaken. It■ is hoped that this will make tho mine a regular: gold-producor, as it wilr tap both Huntly's and the Tryi Fluke reefs (the former averaging Sin. ■■ to 12iu. and the latter 3ft. to sft. in width) from tho battery side of the hill. •: '■•■■■ • . .; . Sew Waitaia.-The reef in , tho New' Waitaia mice is turning out, fair-grade ore in: the stopes above the intermediate'level, and runs from 6in. to 9in. wide: 'No work is being done on the big. blow at No. 5 level pending result of trial -parcel- 1 of 15 toss now going through the-battery. ~;The-second charge of slimes has just been treated'.in' agitators, and. from tho appearance.of the:zinc.will'give -a."decent-.ex* traction. The manager considers that ho can ■ shorten ; tho time' ol treatment aa ho. goes .along now,. most , of .the ■; difficulties having been.:.overcomo.:-' Thoi contractors for the' low level..havo driven 21Jft. for tbo>past week, making 181 ft; since.starting. .The' country is fairly tight, but is'good'for .■shooting:.' ..: ;'. . ~ ■ i' Wiitangi.r-At the';W.aitangi mine, Thames, tho fourthVstopo west above; the intermediate level has' been taken- aloiir another sft. past the Slam reef. Tho: reef > at''.this point measured 6ft.' in width and carried ■ two' good walle.'. The ore brotah : out' was ; of -a-'kindly nature Carrying a little-.mineral, but'no gold was , : seen. Tho'fonrth stopohns been-fiUcd ; in and' a fifth one started, and about. 4ft:. in : width ■ and: 10ft. in length of tho 'hangingwa!! shot down.. Tho. <sre thus obtained fsbovied dabs of freo gold. ■At: No. 2,love\i"tlie Eastern' drivo on thohangin?'wall'of'- : tho main'-.rcef has'.been advanced 10ft. At this point; the reef makos a Blight bend to .the left,-and-is'-,'ih" a' splendid class : 'of country for 'gold. '"'-'Four'";-assays' tiikeni f from ' tho<-" last .35ftilof driving 'gavd good ivalUes.' ,; . '. '•.'■. , ProEpecting in HbwJio's Day.—A well-known Waihi ■ prospector. l recently .-; visited ,-■ Ruahino Eanges, in tho , I^awko's; -.Bay' district,..with a view'to examining them'for minerals. Ho discovered' coal, copper, graphite,"nißTcasite, .silver, and . hematite.- - With tho exception :of coppor, none.of these minerals havo yet .been, found , in .payable .The,/Ruahir.e. Rangesreach from Wopdvillo-.. to' tho district n'orth-west of 'Na'pier,! and is "practically 'unexplored, country, -.asifa-r as prbspecting. ? is concerned.' A.prospecting party .recently'' left "Pannovirko - for,. (that part of the range lying' due west of -the .town. Great care iol'necessary in cixplora tionc' as .there •are:.no t'rack3,: and-the" country is; very. -rough, ■with'high mountain, ranges,''which. , carry'jenow for the greator part'.of .the j year; '■• ■,The biish is densa. and difficult:-to' negotiate;', : So. far no, gold •has , ' ; been discovered."■inl-'bayablo quantities, though indicatioss'in-several localities aro said to vbe^encouraging;:> ; ' V■*;■■.»:■-■■...■■:■ t : : ,-v"cv :

•, j ; Buyers.o\Sclier8.*'; Salca, .. i.y ' £'s. d. £ s.d. £ s.'d. {Dominion ' 0 0 4i ~ •Golden Belt (paid) - v Q 1 1 • 0. 11J Kuranui ..................... 0 ;0, 6 ' - ( 0 8 Kuranui Caledonian ..:'0 T;3 - - 0 1 .6 •• . May Queen 0 4,0 '0 4-2 .• — \- Maoriland 0 0 8 0 .0 9.- —i: .•Mountain King -J . — r , 0' 1 1 v — . N.Z. Crown 0 5 .8 -. 0 5.10 ( ... — • New . Sylvia .0 .4 i0 ' v ;,.0 ; 5 1 v ./ Rcliance — 0 • ,0„ 4. ' Saxon ' 0 1,2 .0 1 4 • .. .Tairua -Golden Hills' ... 0 5 6 Talisman .; 2 9 9. 2 10' 3 • •'. *7, Walhi 9 14 6. : 9 15 '6 / 9 15 .0 Waihi Consolidated 0,-4'1. 0 4 2 -, WaiUi .Junction .i. 1 18 6: 1 19 0 1-19,0' Waitangi 0 3 3 0 3 4 > — * Con. Goldfields 0 15. 9 ' 0 16, 0, . New Alpine (paid),.; 0'3 6'- 0'5 : 0 1 Progress ' 0 • • : 4 -., Rosa Goldfields 0 10 9 ; 0 11 6 0-11. ) -