MINING NEWS

Dominion, Volume 12, Issue 16, 14 October 1918, Page 8

MINING NEWS

WELLINGTON SHARE MARKET. The quotations on Saturday for mining shares woro as under:Buycrs. Sellore. £ s. d. £ a. d. Talisman 0 9 6 - Vaihi 2 0 9 Woßtland Gold i»i JTCIiRAY CREEK. Tho mine manager of tho Murray Creek Gold Mining Company, Limited, report* for tho month of September as follows:— No. <l level: North. StopinK has been in progress continually during the . mouth, and for' tho last two stopes taken off, tho reef ha» shown an improvement, running from 2ft. to 7ft, wide. South-Stop-inrr has been carried on in the hanging and foot-wall reefs. Tho hanging-wall reef 'has been extended south for a distance of 40ft. A riw ie now buine put up at a point 25ft. northfrom thoface of No. 4 level to connect with the hangingwall reef. The rise i 3 at present up for a' distance of 14 f*ssi. I expect to strike the reef after rising another U feet. £o. 3 level: North-Little or no. change has ■taken place hero durine the- month, the veef remaining from 2 to 10 feet m width. The work In progress on the south end of, No. 2 intermediate ie stopped for the; timo being owing to labour shortage. No; 2 level- When .looking through• the old etopes over No. 2 level north of mali crosscut lasr~week, I found that ?, fall lad taken place, and haa exposed a, reef 2ft. wido with payable, prospects. A. contract has been' let to rise, on this for a distance of 30ft. to prove the extent of tho stone. Tonnage delivered to battery orebin for tho month was 935 tons. The battery crushed 1095.t0ns of ore, which produced a gross return valued approximately at £2200.