MINING NEWS.

Dominion, Volume 3, Issue 674, 26 November 1909, Page 10

MINING NEWS.

" WELLINGTON. MINING MAEKET. nn^ Cr fi,i itUc I , " 81 " , '" was transacted yesterday. low Th?" remai ? B , nuiot aud values aro ■Sin. ille sale f. recorded wore:g»e d'v., £2 7s. (second caU). w»Kn • d Junction, 38s. 9d..(third call). K n s V^ 3S M 2d ' ttnird ral "- Boss Goldflelds, 10s. (third call). QUOTATIONS. . we^.a^undT- 1 ' 0113 ' "?* '«'. recorded sale & ' ■":'■"' •'•■■•■. Buyers. Sellers. Sales. Bison Consolidated L.;. - d " *~ * Dominion • _■ n n 1 ■ _ : K6mata Eccfs \:. -.005* -' Kuramu . ..: 0 0 5 0 0 7 - Kuranm.Caledouian ...... 0 10 0 13 -■■■• May Ciueon .; _ 04 0 - Jlaonland 0 0 6 0 0 B . - JJ Z. Crown ......... 053 066 - New.Sylvia — - 0 5 0 Rolianco _ _ 0 0 4 ' — Saxon — 0 1 1 — Tairua Broken Hills ... 0 1 2 0 13 Tairua Golden Hills ... 05 0 — - Talisman 26 6 2 7 0270 Tongiaro 0 0 10 0 3 — Wailij OonßoUdotod ...... 0 4 0 — — ■ ■ Waihi Grand Junction..: 118 9 : 119 0 118 9 Waitangi ;. o'3 1 ■0 3 2 0 3'2 Blockwat«r. ...■.■..;-....;...,„.. l' jo -i'— — Con. Goldfields .;......;...... 0 160' 016 6 '. —,-. New. Alpine-(con.) —-. .0' 3 3 ".— ' ..•..............,.•:.:..;.■ 0 12'0. 0 12 6 — Ross Goldflelds ■.....-..;..: 0 9 9;:0 10. 3 010 0 .-."..■■■■■■ • STOCK EXCHANGE. '.: (By Tcletraph-PrcM ; ' '•: AucHlan'd, -November 25. : • Tho following business was done at this morning's call of the Stock Exchango-.r- ■'. Hay Queen, 3s. 9d. ■• '■ -"■ Waiotnhi, 4s. Bd., 4s. ?d.' ■■■ - j Waitangi, 3s. 2d. ~ Tairua Broken Hills, Is; 3d. "■ ' •: Tallsn-an, 475.'6 d., 47s ,'3d. ■ . • '■' ; Waihi. £9175. . • • ' '. ■* Grand Junction, 39?. ed.' ' Tho following sales were reported at tho afternoon -.call to-day :— I, K\irauui Caledonian : Is. ■ 2d. ' '■■ ' May Queen,; 35.. 3d.,. 3s. 7d. ' Victoiia,' lid. : . • ; , ' ' . Waiotnhi, 4s. 7d., 4s. Ed. . ; : ' Progress, 13s. . ' ' Old Hauraki, Is. 4d • ■ : ' ■■■'< ' ' Orown, ss. 6d. '' ' Talisman, 475. M/v; .■■ . ' ■•';'.■•■ Waihi Extended, 45.-; ; . ■ . V ■' . •, ; TALISMAN DIVIDEND. ■"' :■•. (By Toicßraph.-Spcclal CorrMDonaen'ti ' im, ni- ■' „>. Auckland, Novembsr' 25. :■ The Talisman.' : Consolidated Gold Mining 00. to-day pays its twentieth dividend of: Iβ. 6d; per share. This will ntsorb;£22,6oo.on .the 300,000 dividendi to dato to £356.250., Of tho £22,500 to bo ; ,distributed, to-day £16,732 ss. 6d.. will bo •^ii^w^- 1189^ 1 !,? 1,01^" 01 " 8 on the Colonial Sh'i "J-T?* 7 - 9h ? reß -' On payment in August last ..of, the -ninotcenth dividend of Is. iL?? T l to SO*«'-.witli a.bonus of l" per share,-absorbing £37,500,, thero were 1158,share- ■<*»?£?' wi X VolonleX Register-holding 224,362 shares,, .and they thus - received . £28,045 6s,' of } r *?^' ■■■' ' art n °y>" th-erefore, thirty-ono SS^' sha , r « ho J d<!r , 9 ' °! '•• tfio -Colonial - Register Mding 1265- fewer, shares than three ■mbnths ; ''";', : '.".: ';. ■ MINING 'NOTES. ■•. . \'-'-] '-,'■ Kwf Oo ,' d ' ields .': ptdHManager's -report:-Mine eh?ft..snnk.for'.Mreok sft.,'total;depth.-.Wt.-: ProFJ \ I ! ti" Blnlun i- TC 'y 6low . owing, to blockago ™,M shafts; ' It is impossible to make SS Lnn a^t' a / , jn 6U)l!in K"nntil flexlblo •• aubtions are • connected to pumps. ; Thoso . suctions not ■being r procurablo. in-New Zealand., havo. bfen 6rdered in.^Sydney,,.and are.,due'.aV Greymotith pn . ■November;,' 26. ;•: With. tho - floxiblp • sucUono there bo no' difflculty 'in •■ bottoming"shaft.a hn»° ™ ctlO ?s:oan'.bo',put'-into the did'pump fUart where is clearVwater v?ay,'which, is not blocked , I;.do,not.think.theroTwill 'bo'any ini*w?aj;:in;:;,WEtet -in-, tho •!•• shaft;:.;", Tho fcountry around. i.v noV. bomg drained,, and : . tho '.pressure ••iii ft ,^ 7 ? wc( *? ago, and. althouEhAto have now ablolutelf ?ert t ain. um !^ riDß f the;mine .is t^H?-'-"'^? 110 low i lov f' i<j now in «6ft- from • th s. ri(l =-..' Tho. country. ,in 'Hrmer.-:-- ■;.'.'. -. ■ Oohsplidated.-Tlie'! footwaU:' drive 'is ponetratmgi mild, favourable country; Tho reef reef formation i?.-unchanged.; .-- , . < .Dominion.-Tho' "ndit/-level ■; is ''in : '' 247 ft. ' and should shortly moot the' reef. •-Already '-a- rubblv lri?.to Or £r a 'two''f?ci' ily minera!ißca '' ha » «**^ veS-rJof IkiSain^i^K %° & broken;, toks: the same as last', week.' - 1 ' v • »ajjtani.-At No. 6 level the reef is'about 2ft in width., and. colours of gold aro seen"'■■On th.l Cure reef the .nfth'stone-is about S-An v?idth and good .colours, of: gold -aroiseen.' At No! 4 lever tho third .stops Un' the hangingwall' leader has wen .carried .-'wflßt from the rise for a distanco of 14ft. ThoUcader cpntinucs.to show cooa dabs of gold, and good crushing dirt is.comins to. hand... Tlioyeccond stopo east from Xho crossout has- bctfu completed,''and tho. men have started toibring- along-a third stopo east frdm tho' crosscut. .■ ■ . ■ , ~'■..-..• ■ .

' • Waitangi.-In the. fifth .stopo. at the' low' level on the^ western section, a length of. 13ft. by, 6ft. in width, of. the hanginEwaU has been broken. The._ stone,-showed a .few colours of free gbld A mco mineral band is showinir on the hnnglnr. wall side..' In. tho'fourth etone west, of-the junctionoMhe Siam roof tho, lodo is still im proving, and a fow colours of gold havo been seen: At M-. 2 level in tho. eastern, drive a small'.reef was -tut .after. 'passing ■• through • a .'break.' , .. This has.juuctioncd with the reef, ond looks very promising. The main reef has taken a Blight turn to,the right, after tho break waa

j Bonama.-The low levol is in 166 ft,', and pane, tratmg splendid- country. Tho flow of water ia : increasing. .AV , .Vi •,.-; ; ™ tt^r "iHnlcyon.-f ho; ttoinel .on' tic''break is in 71ft J last round of holes drilled was again in: very, hard rook,- wKich tho mana™? *°<$m'Tu r W>c m to:ty:onlr a boulder. - : " nr n s=' n iTllo ; rQof :1, } 2 to ' ISin-.wido, and looks prom sio g ,_ stronc w.lours" of gold being seen ?hn L b . r f 'The/rive west is In 10ft. of aO coa«o J gold n - Wld °' and strong dabs i« K ™™ B £ ba J tC!, "i l ' hs i ast « r n wall of thobig 'cef «S h «<i; also- the ;country rock, ani tho loading :stopo north -n as extended 12ft' and th« ftfth""" 1, "J,-'' There h now a block The drf J h e -» h " ,op S ne ? «P for otoping. r r f el 2 K m v ad - to l ci under tho winzo ; on Le?m a reef-has been advanced sft; - . nf P T d ?^ f Tokatea -t At >¥ low kvol o£ tho Prido of the,- footwall- lode was advanced a furthp? aistanco ( of Sft. Ast week. Tho country wns much harder to'work, but it was well mineraS Nothing o value wae/liowover/mot w\ln On broken looked woll, but no- B oldl was tLJ HfiV Borne prospecting work was being■ S Z nice odo.in.the smithy leval, from wh?cVkL a