MINING NEWS

Dominion, Volume 8, Issue 2325, 5 December 1914, Page 10

MINING NEWS

.■ WELLINGTON-SHARE MARKET. No business. was, done in mining shares yesterday,- audi the quotations were ■ as follow':— 1 Buyers. Sellers. £ s. d. £ b. d. Montezuma 10 0.. — Ross - 0 10 ' — Talisman .-. — 18 9 Wailii ; — 116 0 Grand Junction, 13 0 13 6 . STOCK EXCHANGE. (By Telegraph.—Press Association.) . ■ I Dunedln, December 4., ■ Sales :-rUnion Steams,. 21s. lid., 216. lid. MURRAY CREEK COMPANY.. The mine manager of the Murray Creek Gold Mining Company, Ltd., reports for the month-of November "as follows:—No. 2 Level has been, extended a further distance north of 41 feet, making a total of 240 feet driven. As driving north in the intermediate level from. the foot of the winze •will prospect this lino of reef, driving in , No.- 2, Level. has been stopped. ■ The .winze : lias been Bunk a further distance of 28 feet, making a total depth of 104 feet, : width' of reef 2 e fcet. There is Quartz Jeft m tho .footwall, but in what width I-can-not tell until we .onen out to drive the intermediate' level.i I havo men employed at present opening out for a bin In the stoped ground over No. 2 level to'hold .quartz hauled up out of the winze. When this is finished- X "will commence • cutting-out-;the. .chamber at.the bottom of the winze preparatory to driving the..intermediate level. Owint* to alterations' being effected at the battery only 47 tons out of 127 tonß of quartz 6ent to the mill have been, crashed, and I therefore do not intend to clean up till ClLri6tmas Eve.' Samples of quartz taken from the winze from a depth, of 89 feet to 96 feet ehow an average value of £16 6s. over «. width of two feet. '

MOUNT LYELIi MINE. By Mw*phr-ProH Aasooiation-OoDyrfflM Molbourne, December 4. The Mount Lyell return to November 25 shows that 27,673 tons of ore were treated producing - 585 tons of blister copper containing 578 tons of copper, 39,953 ounces of silver, and 727 ounces of sold.