BRUNNERTON COLLIERIES

Sun (Auckland), Volume I, Issue 159, 26 September 1927, Page 2

BRUNNERTON COLLIERIES

PROPOSITION FOR INVESTORS For n.any coal mining shares in X*#' Zealand to-day the investing public * ’ paying a. substantial premium. Thu* ft® proposition to fo&t a. new company* extend existing capital is viewed with » teresr. -aL In this respect the Brunner Cwam* Lid., offers a proposition worthy ef «► vestig&tion. , With an existing capital of which has been utilised in reopening » Wallsend Mine at Brunnerton, the flag*" pany now offers the balance of it* l** issued capital of £37,800 in £1 The company's lease covers an BH.f 689 acres of bituminous coubfefMV lands and, in addition to the coal in •gj borings have indicated supplie* « Mg class coal sufficient for 35 year* WOra* ing. Tile sum of £37,800 is required to eo>; plete.lv equip the mine with undeiftflWw and surface plants of the most MW*"® design. It is estimated that th# n*®* should be producing within aix iHg The mine is most advantageously fur from a marketing point of VWJ being within a chain or so of th* | railway from Christchurch to Greyar***MINING NEWS GOLDEN AGE. —The manager r«par» : “The drive on the main reef ha* advanced a distance of Bft for A l ® making a total of 120 ft. The reef *O- - to look well and is n° w *7^l’ 4ft in width. There has bee" no T? done in the rise since my last report New Waiotahi.—The manner T ports: The drive hillward for the A: f talvi-Cambria reef has been e ; feet for the week. The country penetrated continues to be a haia ivandesite with silica calcite stun* <*4 cleavages. This bar has now for distance of 90 feet, which |i the estimated distance, so it w» to he through at any time. LUCKY SHOT.—The manafer “The drive on the footwaß E t been advanced a distance of ®*t . _ week, making a total distance t \ We have run into a big body oi j which I consider is the main | shoving colours of gold. If grr* 1 prove to be the main re«, ** j—gag 1 us a. block of 60ft long on U»# ■ overhead, and will emad I underfoot, as the reef is aipF»Je from the dropper. The electric P® gjt off for a day this week, sow® j®*bore out on either face. With ££ tion with footwall ciropptr ),e«T reef, the country had become and we had to put in five ** l ber." MOANATAIARI.—The fro® ports: Drive hillward on Bft, { No. 1 winze has been _ »nf' total of 40ft. The reel *■*£*«» age;- 4ft. wide, with the showing. The footwall reef is 18in. w ide, and Is a ° a jjß *MJ body, being heavily mlneraim*’ j*|#* carries blend and ruby an* priv# *£. gold were seen in the ward on from No. 1 wi i*p extended 6ft.. a total of j g here averages 2ft. *>in. sent is a solid body gold blend and silica. Colours '« » for *iJs seer in the stone. Th® has all cut out. and the co a splendid class, and 1S if?!# seaward on Caxedonia Be* fk* tended 4ft. a total o* ftfljTS here averages sft. w ide, h , much mixed with pugbattery showed the reef t gold. Ju