MINING NEWS.

Te Aroha News, Volume VI, Issue 303, 29 September 1888, Page 2

MINING NEWS.

Mr E. K. Cooper passed through here on Thursday last, on his way to Tauwhare sale,and on his return wetook the opportunity of interviewing him as to what he was going to do with his special claims, the Jubilee at Waitekauri, and the Fame and Fortune at the Thames. He said :—: — " I have bought Stacey's Battery here ; that with McKays pans and settlers, I am going to pufc_up at Waitekauri in the gully below the 'big blow' in the old Waitekauri claim At the Thames lam prospecting the Fame and Fortune in several parts of the ground, extending the Australasian tunnel up under the Two Finger ground, towards the two shafts sunk in the old days in what was then called the Duke of Edinburgh claim, close to Weston's old Battery. lam putting in a cross cut from the Waiotahi Creek to the Moanatairi Creek to intersect all the reefs running through my ground, and am driving a cross cut from the " Fame " shaft to intersect the Day Spring reef. I have no shares for sale, I am going to work my leases on their merits, and want the gold to furnish the reports. As to my having floated one or more mining companies at home, it is utter bosh ; I made no such attempt. Floating a mining company in London, and how it is done, did not sufficiently please me to induce me to let my leases go that way. The process would be too long to give, so I will keep, if you have no objection, that card up my sleeve. To get the money you want privately subscribed, and to do away with all the costly machinery required to run a company, is, in my opinion, by far the best and safest way of wooing success. Five samples of quartz from the Montezuma Special Claim, To Aroha, forwarded by Mr Thos. Quoi, on behalf of the owners (Mr P. Faes and others), to Mr J. A, Pond, for analysis, have yielded very satisfactory returns.