MINING MEWS. THE QUEEN OF BEAUTY.

Te Aroha News, Volume V, Issue 267, 26 May 1888, Page 5

MINING MEWS. THE QUEEN OF BEAUTY.

AThvmes contemporary learns that there is o\cry likelihood of tho Oueon ol Ueauty round hciup; successfully floated on the London market at no distant, date. Mi Thomas Melville, one ot the owner-of the mine, lott Aueklaiul l>y Ihe mail steamoi >esteiday tor England \n connection w nil the matter, so that he should roach Loiuh n about the same time as Mr Aiuall, w ho rcjj eently reported on the <;iound, and is expected to ani\e abo\i(, the 20th of .lune. rhi- piopeil> i- undoubtedly one o! the best in the distiiet, but it ih alto<;ethei impossible to sueeesstull> woik it with Ihe limited capital obtainable loe:dh, -o tliat il i- to be hojied thai the tieuoli.ition- now in piojjre— will le-vdt TIIAMKS «SC)LI) HKTITKNS (From Ibl to 30th April, 188 U, iuehisi\e.l O7 (1 W ( !-Cl' Cjinbii.i .. .. y& 0 0 Neu Allmniia (t'linsde's (i) -. J> V 0 Do. (.lobe >tr> .. .. 01 0 0 Do. (.Jainii'Min's Ir) . 0 I i 0 >.ow I'rini c lin])cn«il .. V-i o Do. (Tit iilmlli"-. Hi . 1; H " DO. (H.K'k.U.ls-'lll '^H 0 New MaiiuKau /I 1 ' o North SUir I'Xteiided ( Vtlain.s in 'm 0 0 Pinate ikuin - holder^, tailing plants, eU ... .. . inn \-> n Savon .. .. •• 7.">0 0 0 Walk (>\or i\\ ammo) .. - W l!t ° . .... (>ol U I) Total . .... so')J 0 0

Tn w:i s, thi- d.t\ . Nu\iv The conhacton aie making splendid he id way with the extension <>i the tunnel hi this ( l.iun, which is situated in the T.n.iiu < 1 1 — 1 1 U'l, and a distame ot 280 fu'i has been dm en Mnee -tailing woi k -i\ week- :iu,o. A tow te< t back iioin the pieM.nt face a mine) aliped leadu 18 inches in thickm 1 — wa- passed thiouirh, l>ut no mild \\a^ oh-.ei\od. The cnuntiy now Mimottluit tinner, but i^ ta\ouial)li tor thr existence ot aunteioiis ioi!- It i-e-timated that .inothei oOOt'. will Kijuiie tv i>e dn\en beioie the leet l 1l 1 - iut«. i-etted. As join leulei- .Lie aliead\ a\\.m\ l!n^ woik is beinif eairied out l>\ Auck land and Melboui ne capitalist^ I'm nci Imiikim. — The w ui/e bomji -unk tioin No. 2 le\ei on the han<j,in^ s\ all leadei is down 14tt l and althouidi the leadui is not moie than 7 oi S inches wide, it is Nati>facU)i) t<> note that coloiiis ot f^old aio -till -eone\oi\ bieakm^ dorm The leadei ha- now ahno-t |mik.ti.med with the j\o 1 lode, (olouis of <>old are oeea-ionalh ob^ened in the st,)|. L -, abo\e this le\il, but theic i- no change to iopoit. Vokiiil „. — The propt letor ot this el.'im (Mr Hice), which is situated in thoTaiaiu C leek, i- ha\mu 3cw t. otciuait/ ty-ted .it the Moanatani battei\ . !~>\\t»N — Tin oi k ot euitinn uui a cli unbet picp.natoi\ to c-oinineiM mil; the drive aL No b le\ el was -Luted todaj. The \anous -tope- aie producing p.i\ablo ((■lait/, wlueh l- -hapini; about the -anie athe la-t at the batten. The hi;_die-t -tope i>!io» ii[>to Ko 3 lexel, but rhere i- -til! pleiil\ ot nuai t/ a\ailable ( \Nir.ui\— The toitiuuhth eleanmu up to d,i\ piodini'd J940/s nold limn llil loadol ([ii.d 1/ d\u\ 25)b- of picked stone s>\\uN — lialb- of picked -tone weic obiamed to Aa\ horn the eighth stupe

Couom a.ndi l, Ma\ 22 Ki>\ \i o\i- Suu'C l.i^t report No. 3 cio--kad ha- hoen met with. It i> well denned, Uetjnnir it- piopci ('(un-c. The nunn lode, \\ heie it ooirn. 1^ in com 1 act with the eio^ U ,id. look- well, -how- :m)m,l iinneial itidu ation-, and inuj inakf t^old .it ans tune 111 1 will tak<" .iltout S feet' moie din in 1 . 1 !>eti>it it |tnu t ion- wit !i (lie Ku 1 leet. Tin tuiiutet- ha\e i>i<»kt n (\ov> n aUmt I) Iwt ot m t, -liowinu a >a w liietchcs in the stone Thcj are now om head on I he i tin of ijold.