MINING NEWS. Thames, January 9.

Te Aroha News, Volume VI, Issue 342, 13 February 1889, Page 4

MINING NEWS. Thames, January 9.

I Svxox. — As the result of the past month's operations a dividend of 6d per share (50 000) has been declared. Thete is no change to repoit in the vaiious wot kings. Cambri \, — Veiy satisfactory progress is being made in the dr he at No. 31e\cl in the footwall of Iho main iccf, and ib is now in a distance of 44 ieet. The sandstone beiiiii tiaverecd is of a kindly description, with numerous quai t&jtiingeis s'riking through it, bub up to tl?cr piesent no icefs Jia\e been intersected. The winze being sunk in the J)an\ in faction has attained a depth of 3 0 feet. Thotc aio still two leaders in the bottom, in both of which colours and dabs of gold are fieely ; een when breaking down. The btopos on the hangingwall leader below No. 2 level are yielding quaitz of the usual grade, and six men aio kept employed heio. New Movnataikt. — As briefly mentioned in a telegram yesterday, a start has been made in bins mine by the newly-appointed manager, Mr G. S. Clark. The only work to be proceeded with for the p rescue, however, is chiving on the hangingwall of the Cambria leef at No. 4 level, and with this end in view men are now engaged cleaning out and laying clow n rails ab this level. t ' Coromandel, Jan. 9, Royal Oak. — The manager reports : "Since last reporb tho?e has been little of importance bo report from the mine. The rise has been timbered up, and a large portion of the reef stripped towards the junction ot No. 2 cross reef, which will be broken down to-morrow. The reef seems to be large, and more open than usual. As tho two come together the ground is easier work ing, showing good mineral indications of gold being about. The tributers are getting a Ktllo crushing stuff from a cross reef o/F No. 2 in No. 1 level."

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