THAMES, [From our own Correspondent.]

Te Aroha News, Volume VI, Issue 354, 27 March 1889, Page 2

THAMES, [ From our own Correspondent.]

Thames, Monday. I AM informed upon excellent authority that the New Zealand Gold Extraction Co. (Newberry-Vautin process), whose works are situated upon the foreshore, have decided to extend the process to the treatment of silver ore«s. Machinery for this purpose is now on its way out fro»n England, and will arrive in Auckland at ar» early date. ft would appear from this that the numerous experiments which Dr Schiedel has been conducting for some time past have been successful, and that he has satisfied himself that the process will prove suitable for the treatment of the argentiferous ores of the upper country districts. Col. Hume, Inspector-General o£ Volunreers, will arrive here on Wednesday to inspect the Naval Artillery Volunteers. Dr MacGregor, Inspector of Hospitals,, arrived at the Thames on Friday night from Auckland. He inspected the Hospital and Old Men's Home, and expressed 1 himself as being highly pleased; with the appearance of both institutions. He left for Te Aroha on Saturday afternoon. After an absence of nearly two years ro the Old Mr Peter Ferguson returned to the Thames last Friday night. From him I learn that a syndicate in Glasgow, entitled " Fergusons Syndicate Co." has subscribed £6,000 for the purpose of developing and testing reefs in the NewBra Special Claim, at Waiorongomar, which embraces an area of 166 acres. There canbe no doubt that the results obtained from the expenditure of this capital will be a matter of considerable importance to the Te Aroha district, as upon the success met with by this outlay will depend whether this syndicate will to any great extent further assist in developing the nunen>4 wealth of you- portion of the Hnuroki Goldfield. It is the intention of Mr Fer guson to personally superintend operati.insfor the present, but in the course of about two months an expert will arrive to takeover the property. Tenders are to be sife once invited for various drives, repairing-water-race and tramway, and making excavations for the reception of themncliinery which it is intended to eiect for the treatment of ores, and which was shipped from. Glasgow on the 7th of last mouth- MiFerguson has left for Te Arolin, Here, at the Thames, mining: matters have improved considerably during the past week, and now that the pro-pects of the Saxon Company are so bright, in consp*. quence of picked stone having hyen obtained and colours of gold freely seen irk the reef at the low level ; and theLone Hand has been floated in Auckland, with such unprecedented success, it may confidently be asserted that outside attention will now be attracted Thameswnrd. The floating of the Lone Hand Silver Mining Company, particulars of which' were given in your last issue, is uunquestionably an event of great importance,, as the ground on sill bands is admitted to be one of the richest and most valuable areas on the goldfield. Th° new Company liwve some seventy to ninety pounds of" specimens on hand, worth fully 2ozs per pound, and are quite as rich us any stone ever broken from the Cambria or Prince Imperial mines when they were working out their patches. There is no-v si fine Rhowof gold in both faces of the drive on the reef in the Lone Hand Company's; mine, and also in the fl »or, and it may therefore reasonably be expected that another haul of specimens will be obtained at the next breaking down of the reefAlthough the Company was only formed in Auckland List Wednesday, shares w^re eagerly sought after on Tuesday at 7k 6 I. The New Moanatairi G. M. Co,'s mine is also coming to the front. On Saturday nice streaks and dubs of gold were seen when breaking down the leader in the winze at the Cambria No. 3 level Good headway is being made with the detuning 1 out of the main tunnel. The Thames Mining and Prospectimg Company (Melbourne), has commenced work by cleaning out a low level drive near the old rifle range in the collarbone district. Saxon : The main reef which »vas recently intersected in the low level drive,, is looking extremely well, and on Saturday 10 pounds of picked stone was secured, being the first obtained at this level. This caused a further rise in shares to sales at 10s 6d. There is nothing fresh to report fromi Waiomo or Marototo this week. At Waitekanri, Mr J. F. Heigh way,, manager of the Australian Gold Extraction Company, has commenced the erection of a building for the reception of the Flora McDonald battery, in the Tararu Creek,. which has been acquired by that Company. A contract has been let for carting the machinery to Waiteknuri. Another leef, which is beyond doubt thesame as that worked ro successfully at No. 4 level, was out yesterday at the low level' (No. 5), of the Saxon Co.'s mine. Colours of gold have been seen in the quartz, and! shares have rison f r:>m 7s to 10s 6d l .

Thames, Tuesday. The Adelaide shareholders contemp'site forming 1 their holding, which is situated in. the Karaka creek, into a company. The ground adjoins the Lone Hand G. M Go's, mine-. It is probable that operations will bestarted in the Dart mine, Karaka creek, at an early date. The Borough Assessment Court commences its sittings to-morrow before Mr H. W. Northcroft. There are a large number of objections to be dealt with. The Hon. Mr Mitcbelaon has definitely decided to visit the Thames on Lands. / Court business (principally in connection/ witli the Pia^o b!o-ck)» and will arrive he.ro! to-morrow.