MINING.

Hokitika Guardian, 25 October 1923, Page 4

MINING.

<> i "inuutrukun Times,") NEW BIG RIVER. The news received in Reel ton on Sa-int-day of the intersection oi the line of roof in No 12 lev! caused exlreme satisfaction, and the fact that gold was visible in the lace el ihe ievci was a Hn me for general congratulation. IT. - locating of the reef within a h-w feel i.| Hr- point expected must be regarded with .satisfaction by the shareholders, as being evidence of the regubir underlie of the stone. The cu-l ol -inking the main shnlt and cross-eiit-tiug B!Hi feet' to intersect this stone has i,M approximatelv Bo!.’!'’, so Hint shareholders will View with t!i-‘ greatest relief the striking id the stone in ilt • lowest level, a dentil of IB2A feet b’h'W the collar ol the shaft. From a di - trict point of view t ne getting o! ' bone a! this great depth inir-l be \ lew.-d with tlie greatest Mil-i'aeuon. a- it r ; I'nrtlier evideme oi stone living down lo great depl Ire - ALEXANDER RIVER. The winze oil I lie Oiilel op iia- i ‘"U sunk a 111 It lic r disianee of 2d Lei. making (lie tmal distante HI I'-el. 1L" reef still coniiiiues it- tt alih d h-.-e led. and is regular and well iodine!, while, the country continues good. Ihe wimie v, i|| |" , oil' iii i let I Ini (hi r. The underln of lln -loll" lia proved to he greater than was at first anticioaled. therefore the I- v-1 ib:d was started some •_».!!; lere tower -b;v. o will have to be extended a I'urtli-i' disiatn-e lo sink*' the sloiie. We under-'t ami that some ol th, lorni'-i siiari'liol'b-r• in lb" Onll IV. -f have appro:!! lied the pr >• T-'ch-re with a view io acquiring an interest in ill!' claim, olfoiing io I-ml the in arv finance io pul no a L-u head I■■ ,ill -. and the olfer is now Lei ml i onsid.'!'. d. MURRAY GREEK. The Directors of Hi - CuW-anv - '’r lormeil l" take up this minii'g pre-pei-ly visiied Hi.- mine on 'Him-Way. view tug the pr :•»• fly prior io 1 1 ■ ■ -"- ! ( 11 ' 1 upon I'Ommi'licillg niie: si I i'ii'... A\ e mt-d-rstand that tire •-omtiany nm'S'l J' 1 have t Ii" ole I" oi l’" s' --a oil a! -no-si-ril'Cil l;efoi-i' si art tug a-Hv- -pci'nliotis, so that tliel".' will be n - • io;.p:"'" , -mini;'"- is < omurem cd. \V,. at- ' inl’nrnied Had th" lilackHHor'sL'u'r V-'c'o Hn.:' of five miles, making i 1 a total b-iiglh "I miles. Tire iniak" will Hire. . 'Oel lire Uox-an-ler Rives jn-i weathers. TH • rev "i'-i ' il l’l : ' lli ' s water silllieieisl re!' requirements ,o «.rI'liiar.i weather, but in a d *‘ry I'roslv wi-alller. iv-our-e has lo he mad- l , steam P-wcr. We understand the race will b ■ push 'd on w nil all ex-p-dition. and that il will pinocle 'in--J, layment for a large niindicr in nreu.