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MINING NEWS.

Mr W. P, Forrest’s Mining Report. Alexandra, December 13, 1883 There is not much news to report concerning the reefs on the Oil Man Rang". Wookey and Gavin are still sluicing their reef, they have built dams across the gully below their tail race, for the purpose of saving the stone forcrushine, and are picking oqt the rough quartz from the face and stacking it. The stone shows excellent prospects, but a considerable quantity of gold must be lost by this method of working. The W1 ite’s Reef Company are forming a track for the purpose of carting,timber to their claim. At the last Warden’s Court at Alexandra, the following certificates for mining leases were granted Foxwell, Kinnaird and Co., 16 acres ; Union Company, 14 acres; B. O’Neil,' 9 acres ; Lyhgoe and Gray, 10 acres ; Advance Company. 15 acres ; and Wookey and Gavin, 9 acres. There is very little speculation in shares, as it is not exnected that much will be done in the way of opening up the reefs until after the holidavs. White’s Reef shares have buyers at Is 6d ; sellers 2s. A few small lots have changed hands at Is 91. Unions are held for Is ; one parcel of 400 has sold at that figure, hut very little business will be done until some orushings have taken place. SUPPLEMENTARY MINING NOTES. The proprietary ot the Eureka dredge invites applications from parties willing to work it, on tribute. The big iron dredge, we understand, is still on good gold, and everything indicates that the shareholders will receive a handsome dividend as a Chiistmas-box. Up to the present all the quartz claims that have been marked out on the Old Man Range are on the southern slope of the spur, falling into Obelisk Creek. As the northern slope of the spur falls into Butcher’s Creek, which was far and away the richer of the two creeks in alluvial gold, and, moreover, as some good strong looking lodes of stone are known to exist at the head of Butchers, also others further along the range towards Conroys and Blackman’s Gulleys, and still further along till the Fraser River is reached, it fairly may be assumed the whole range side will in due course come in for a share of attention, and that more payable reefs will yet be dis* covered. A correspondent informs ns that Wookey and Gavin, who are sluicing away the upper part of their reef, from the quantity of loose gold they are obtaining from the sluice-boxes in their tail-race. are. confident when they clean up the whole length of their tail-race, and which they purpose doing before tbe holidays, that they will have sufficient gold to cover the entire cost of a,battery of stamp-heads, besides having a few hundred tons of quartz ready for crushing.

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https://paperspast.natlib.govt.nz/newspapers/DUNST18831214.2.10

Bibliographic details

Dunstan Times, Issue 1128, 14 December 1883, Page 3

Word Count
471

MINING NEWS. Dunstan Times, Issue 1128, 14 December 1883, Page 3

MINING NEWS. Dunstan Times, Issue 1128, 14 December 1883, Page 3

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