THE KUAOTUNU GOLDFIELD.

Te Aroha News, Volume VIII, Issue 484, 28 June 1890, Page 5

THE KUAOTUNU GOLDFIELD.

Kuaotunu, June 20. This field is gradually showing to the front, and the output of gold is steadily increasing, as will be seen by the returns from the different parcels sent to the Thames for treatment.

The Ivuaotunu Quartz- Crushing Company, who are about bo erect a 20-stamp battery at the foot of the Bald Spur, do not intend losing any time. Mr Reilly, surveyor, started on Monday to lay off the battery site and water-raco. The excavations will be started almost immediately. The Company should nob have any difficulty in having all the machinery carted on to the site. The spot where the battery will be situated is only three-quarters of a mile from th 6 beach, and there is a level road the whole distance] Therefore the Company will not experience any great difficulty in getting the machinery on to the ground. With reference to the cost of mining in this district, much really depends on the management of the mines and milling plants. Mistakes are very costly, and of these there are a great many non-noticeable to an experienced eye. If the mines are not opened up on the very best principles it will in future increase the cost of extracting tho ore. Provided, however, the mine has been properly developed, with the large supolies of ore available, such as the Try Fluke Goldmining Company possess, the cost of mining, milling, etc., should be covered by a yield of say sdwt per ton, and when all the tramlines are completed and everything is working smoothly monthly dividends should be forthcoming. There are other good reefs in this field, which will yield profitable returns, but do nob possess the same facilities as the Try Fluke, consequently it will be some time before any dividends will be forthcoming.

There can be no doubt about the field being a genuine one up to the present. In my opinion there is a good future before this district, and that future rests with the directors and managers of the different companies. Matters during the past week have not presented anything special for notice. The Try Fluko G.M. Co.’s battery is pounding away with two shifts. As to how the stuff is shaping that is best known to those concerned. “No admittance ” is posted on the front and rear of the battery, and also at the mouth of the upper levol. There is nothing fresh from the Carbine and Mariposa. Kuaotunu.— Prospecting is still being carried on with good results. Jdst in Time. —The contractors are making good progress with the low level. The reef may be cut at any moment.

Reu Mercury, —The ore coming to hand shows dabs of very fine gold. The reel is fully 3ft in thickness, and the manager expects to complete the breaking of the 20 tons next week, when it will be packed to the beach for shipment to the Thames. There is good reason to believe, from the appearance of the stone, that the return should be a good one. Lady Carrington*.— The manager is busy timbering and securing the level. The country being heady and of a web nature, is inelined to come away. In my last I reported the appearance of a cross lode in the face of the tunnel. This eventually proved incorrect, as the supposed lode ran out after a few feet had been driven. The manager is of opinion that the stone is a slip of the main body, and that the present level will eventually cub. Otama.— Two men are engaged breaking quartz from the upper workings. Vulcan, —Good progress is made with the sinking of the shaft. Taking into consideration the web, low-lying ground in which this shaft i 3 being sunk, very little water has made its appearance up to the present, and next week will probably see the level going north in full swing. By the present appearance of the country gold should bo met with when the teef is cut,