MINING.
WAIHI SILVSRTON The manager wires :The new lode is looking well. Have driven 12 feet into it. A. .picked sample from the furthest point assays at the rate of £45 per ton.—Adams, Waihi. . * GOLD SHIPMENT t TiiEßankof New South Wales shipped by the Flora for Wellington on Saturday one box bullion containing 1586 oz valued at £4580. The bullion is to be sent to London by the Ruapehu on Thursday. KAPAI- VERMONT THE MONTH’S RETURN On Saturday the following telegram, giving the Kupai-Vermont return f ri* the past four weeks, 'was received by Mr L). G. MacDonuell from Mr Hornibrooke “ Treated 311 tons for 579 ozs melted gold. Low, level making good progress.” Last month’s return was 335 tons for 5820 z, and the month previous 372 tons for 9460 z. EXCELSIOR (KARASTGAKAKE). The manager reports :—The drive is now ih a distance of over 100 feet. I anticipate it will be necessary to extend the drive another 50 feet before cross-cutting, except I should meet the reef sooner. .The Frances holding has been,surveyed, and is found to contain 24J acres. The Excelsioi* and Frances licensed holdings will contain an area of 40 .acres, which I would suggest should be amalgamated. Several stringers have been met' with in the drive from 4 to 6 inches in width, with a westerly dip, and all these have been gold-bearing. There, a considerable influx of water in the drive.
CROWN MINE. „ . The shaft in the Crown Mine being put down under the Waitawheta rver is still carrying visible gold, and is now down about 30 feet. REEFTON RETURNS. . Gbeymouth, Monday. The Reefton roturns for the week were as follow*: —Big River, 3340 z amalgam fron 100 tons ; Progress, 92 oz amalgam from 150 tons; Keep it Dark, lS7oz amalgam from 150 tons ; Wealth of Nations, 1360 z amalgam from 179 tons : Buller Dredge, 38oz gold for 168 hours.
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Te Aroha News, Volume XII, Issue 1790, 27 November 1895, Page 2
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316MINING. Te Aroha News, Volume XII, Issue 1790, 27 November 1895, Page 2
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