MINING NOTES.

Pelorus Guardian and Miners' Advocate., Volume I, Issue 22, 11 April 1890, Page 2

MINING NOTES.

The directors of the Mount Morgan Company are considering an offer of seven and a half millions by an English syndicate for the, famous gold-mine. Mr A. Bartleman, hon. secretary of the Upper Waipqri A lluvjal Company, has been advised that lloz have been obtained from fifty-six hours’ dredging. Mr Hamilton, manager of the Dunedin Gold Dredging Company, reports 112 oz of gold as the result of four days’ dredging last week. The manager of the Sew Hoy Big Beach Gold Dredging Company obtained 86oz for two days’ dredging, making the satisfactory total of 120 oz amalgam for the week. The Tuapeka Times report that Messrs Stewart and Gare, from a crushing of 120 tons of stone from the Long Gully Eeef, Waipori, obtained 620 z ISdwt retorted gold. The Nenthom Recorder states that

a crushing of fourteen tons from the Surprise claim produced close upon 2|- ounces per ton, or the net return of 83oz 4dwt, exclusive of about an ounce or more which the blanketing was supposed to contain. This claim was discovered by a person who was prospecting for alluvial gold in Nenthom Greek, below the Croesus battery. The reef on the surface was very small, but widened in depth to about or* foot and a half. . The report of the Victorian MmmgJ? Department for the last quarter of the year 1889 shows that the gold yield during that period was 162,9020 z, the highest yield for any single quarter since 1887. The yield for the last three quarters exceeded that of the previous year. Ballarat heads the list in the yields for the quarter with 55,1600 z of gold, Sandhurst following with 86,6820 z. Compared with the previous quarter there was an increase of £25,555 in the amount paid in dividends.