OUR GOLDFIELDS. Thames, April 12.

Te Aroha News, Volume V, Issue 255, 14 April 1888, Page 6

OUR GOLDFIELDS. Thames, April 12.

&AXON.— The crosscut at No. 3 level for th Purpose of prospecting this company's round in this direction is passing through excellent channel of sandstone, which is all that could be r desired for the existence of auriferous reefs. This worl is of considerable importance, as^ thi country being traversed is all virgii ground, so that were a payable ree cut there would be an unlimitet amount of quartz available upon it The importance of the work is thus at one apparent, while it if> only reasonable to sup pose that numerous reefs traverse the groum and will be cut as the drive progresses. I is also stated here that there is every likeli hood of at least one crosscut being started a No. 4 level at an early date. This would ur doubtedly be a step in the right directior as at this level nothing has been don beyond, 1 might say, putting i a drive on the main reef, almoi through the middle of the Company valuable property. The vast area of grout on either side remains unprotected, and am pleased to learn that there is eve chance of the work being starts in which case other reels wou be certain to be unearthed. ( the whole, the stopes in the mine show . improvement, colours of gold being inva ably seen when breaking down, while t' quartz is shaping much better atthe battei The return should be an improvement on t la^t. Shaies aie somewhat firmer, whi doubtless owing to the probability a prospecting crosscut being commenced No. 4 level, and the chances of a reef bei 1 cut in the one in progress at No. 3 level. Cambkj \. — Shares in this mine ; also iirm. The crosscut at No. 4le is in 290 feet, and i& penetrating fjood class of -andstone. The wil which i-> being sunk on the main I from No 3 le\el to connect with t crosscut ii i > down 36ft., and cola of gold were io-day seen when bre. ing down the hanging wall port) ot the lode, which i-> composed very kindly quait/, canying -somu favo able minerals. In the wiiue on the n leader the quart/, m the bottom is 6 mcl wide, and colouis of the precious metal w< freely observed destributed through t .stone when last breaking down. There no change to report from the stopes on Nt 1, 6, and 7 leader, which aie proceeding usual. Ni«w Mantkal'. — Consequent upon t. excellent return obtained for the mont which I have already telegraphe shares in this mine have likewi advanced during the last week. The usu works are proceeding in the mine, and, < the whole, there is an improvement in i prospects. TKEvro.v— A start has been made \ dismantle the winding plant purchase fiom the Moanataiari Extended Co., and will be conveyed to and elected on fch face of the Trenton Cos. shaft with a possible expedition. "Waihi. — The contractor for withdrawln, the pump rods from the Dart shaft tor th Waihi G.M. Company has not ye succeeded in getting the .shaft clear o water, although it is over a fortnight sin© pumping was started. There are still 21 feet of water in the bottom. Mollo\\ Process.— lt is probable thai the pans will be set in motion on Saturdaj as a trial of the plant. Work will not b< in full swing, however, for fully a week.