MINING NEWS.

Dominion, Volume 6, Issue 1652, 20 January 1913, Page 10

MINING NEWS.

WELLINGTON- SHAKE MARKET. , Thera was no business done in mining shares on Saturday. Tho Quotations wero as under ;— Buyers. Sellers. ' „ . £ 5. d, £ s. d. Murray Creek — "0 6 0 Ross Reconstructed 0 6 11 0 6 3 Talisman 1 17 0 1 17 3 Waihi 111 6 112 3 Waihi Grand Junction ... 1 2 0 1 2.6 WaiotaM 0 2 0 — ■ . Waitangl 0 0 7 0 0 9 "Premium. Tho courso of sales during tho past week wcro as under:— Murray Creole, 55., 6s. premium. New Sylvia, ■ 13. Ross Reconstructed, 6s, 3d., ss. 10d. Talisman, 365., 365., 365. 3d., 365. 6d„ 36s 6d„ 365. 6d„ 36a. 9d. Waihi, 325. Waihi Grand Junction, 225. sd„ 225. 3d. Wai'otahi, 2s. 2d.' Wajtanji, 7d., 7d. STOCK EXCHANGE. (By Telorraph.—Press Association.) Auckland, January 19. Business done at this morning's call:— Auckland Gas, £3 4.v South 'British ■ Insurance. £3 13s. 6d. Grand Junction, £1 2s. 3d. floss, 6s, 2d. Now Zealand Cement, £1 2s. Dimodin, January 19. The following sale was reported yesterday on the Stock Exchange:—Golden Bed, 7s. 6d. SWASTIKA GOLD MIXES. Tho manasor sent the following telegram on Friday to tho lioad offlco of the company in Wellington:— Crushed five tons number three, tonaj

number six, one ton number seven. Thoso produced 6oz. fidwt. melted gold by attlalf?.v mation. Plates wero very raw, eo a fair percentage gold would bo absorbed by them. This is not considered fn values per battery, wh/ich were three, 525.; six, -ws.j seven, 91b. Prior to crushing, three was not assayed, dx gave loz. Bd\vt., and. serea pavo 3oz. sdwt. (you will note only about 30 per.cent, of this was recovered in battery). Mr. Wilson particularly recommended careful eaiing of concentrates tattings,.. This was done—Mr. Fry assayed them yesterday as under here. Anticipated good values in concentrates, and this appears to bo borno out. You will remember-. No. 4, which have not touched, gave a«imy 17oz. from tho mineral. It U nearly all sulphides, no visible. gold; the big JBft. reef is very similar in parts, and am gilad to report its value, considering there ore over SCCO tons in sight, Sidney Fry n.fisa.yed tailing, roports number three, l&Lwt.' lGgrs, number six 16dwts„ number seven 2oz. Gdwts. Bfcrs. concentrates; num» per three 360z. 3dwts. s?rs; number six, lQoz. Mdwts. 22grs.; number seven, lOoz. lßdwts. 4ers. These results tfhow value •number three, £10 le. 4d.; number six, £5 195.; number coven, £15 Is. 6d. The gold is associated with the sulphides, and will not omlga-mate. though quite amenable to cyanide treatment."