MINING NEWS.

Te Aroha News, Volume V, Issue 247, 17 March 1888, Page 3

MINING NEWS.

Thames, March 14. Saxon. —The stopes on tho main reo* over No. 4 level present no change to report. On the whole they are, perhaps not looking as well as formerly, which would lead to tho improssion that tho reef is scarcely as good upwards. Colours of gold, however, are obsorved, and tho quartz is payable. The two winzes below No. 4 level are in progress, as usual, and colours of gold are seen when breaking down. Crushing is proceeding, and the quartz is shaping about the same as that treated previous to the last cleaning up. New Pkince Imperial. —Operations upon tho leader in tho stopes have resulted very disappointingly, and the manager has suspended work here as well as in the drive coming west through the break at No. 1 level. A rise has been started on the hangingwall leader from the intermediate drive, with a view to determining whether this leader really junctured with the No. 1 lode at No. 1 level. It is up four feet, and the quartz will be broken down in a day or two. The Cambria. — 191b of picked stone were obtained from the stopes yesterday.

A SPECIAL CLAIM. MesarsDunlop and Blairhavo appliedfora special claim of 50 acres in Moanafcaiari Creek to be known as the Clunes, and upon which ifc is proposed to spend £20,000.

MONTHLY GOLD RETURNS. The yield of gold from the various districts for the past month is as follows : Thames 2,2600z, Ohinemuri soz, Te Aroha 140oz, Coromandel 2470z.

A FINAL DIVIDEND. The liquidators of Thames Newspaper and Printing Company (Limited) have declared tinal dividend of 6d per share.

Thames, March 15. Cambiua. — The fortnightly clearing up yesterday pave 240 ounces of retorted gold which was got as follows ;—l4O; — 140 loads of quartz, 150ozs ; 72lbs picked stone, 81oza. A winze has been started on the main reef in No. 4 drive, and is now down sft. 101b picked scone came to hand yesterday from the ninth a tope. Saxon. — The seventh slope seaward of the rise at No. 4 level has procured 20lbs of picked stone.

Te Aroha, March 14. Mining matters generally are decidedly looting up ; here and there is every indication oi better times. The prospects of the Silver King claim at Waiorongomai improve as work proceeds. Considerable attention is being turned to Tui, and there can be little doubt that great expectations respecting this portion of the goldfield will be fully realised. Some really excellent stone was broken out yesterday from the new reef recently discovered there, and reported in your columns.