MINING.

Te Aroha News, Volume XII, Issue 1786, 9 November 1895, Page 2

MINING.

GOLDEN CROWN

The confrators have completed their work of driving 50ft in the low level, so far the reef has not. been .cut, though there is every indication of its being near at hand. The country through which the drive passes is very likely being fine sandstone formation. At a meeting of the shareholders held on Thursday evening, it was decide l to suspend operations in the low level for the present and to employ men to open out and prospect a leader which has been found on the 'claim, which will yield good dish prospects of co -irie gold The syndicate also proposes to pro - e tljo Early Dawn reef, which &Ljo runs through the property. HOT SPRINGS NO. 1. The Secretary of the Hot Springs L.H, No. 1 invite tenders through.our.. columns for driving 50 feet on that claim. Specifications can be seen at Mr Snewin’s office, and all tenders must reach him before. 5 o’clock this evening. The object of the above work is to test the value of this property at a lower level. WAIHI Instructions have been cabled from London to commence at once the erection of a new 100-stamp mill for the Waihi Company on a site on the banks of the Ohinemuri River, near Earl’s Hill. Here a fro hold of 50 acres has been seoured, besides which a machine-site was also obtained. Water rights sufficient to drive from 160 to 180 stamps have also boon secured. Tho site of the battery is in a direct line from the Waihi mine, and it is tho intention to convey the ore to tho mill by means of a steam tramway. When completed this will give tho Waihi Company 190 head of stampers, which should largely increase the monthly output of gold, .