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COROMANDEL.

(from our OWN CORRESUONDENT). January 16, 1872. Tiie week commenced with the Annual Alceting of members of the Anglican Church, which, to the disappointment of a few, was carried on most harmoniously. Accounts were passed, old wardens and members of Church Committee resigned, new members were elected, and new blood infused. Afterwards, we had theatricals ; at the Royal. “ The Tickct-of-Leave Alan.” The actors being composed of | professionals and amateurs, and notwith- | standingthe jealousy and bickerings usually consequent, on this combination, tilings went off smoothly. Another meeting of a very different description was held about the same hour at tbe Pacific Hotel, viz., a ! general meeting of the shareholders of j the Neptune G.Ai.Co.,at which the accounts i as audited were passed. The reports of j the legal and mining managers adopted, ! and a decision come to, that in future, all j works of tiie Company shall, when practij cable be performed by contract. A slight I alteration tuok place in tbe directorship,

and a vote of thanks to the chairman closed the meeting. The mining news does not vary much from that of last week, and you must excuse your correspondent for not drawing upon his imagination for important items of intelligence. The only mines that have been sending quartz to the batteries are the Tokatca G.M.Co., and the Golconda claim ; and these two represent the rival interests of range and heach. The former is showing up, and there will be about the usual amount of gold retorted therefrom in a few days. The latter deserves great praise from the way it is being energetically worked —a purely workingman’s claim—it gets out daily more staff than can be carted to the Xil Desperandum battery, and notwithstanding a charge of about a pound a ton for carriage it has already become dividend-paying. Another company composed for the most part of genuine miners is the Murphy’s Hill G.M.C. visited by me to-day. I found it as thoroughly worked as any claim on the Held, and showing every prospect of ultimate success. The main or lower tunnel is now in about 200 ft.. and is to be continued until it cuts right through the hill, when the company, whose most valuable leads are on the other side, will have an opportunity of sending their stuff through at a very reduced rate. A few haudfulls of stone from the face of one of the drives were panned before me to-day, and gave a very handsome prospect. The Pacific. —The main tunnel is now in some 280 feet, and is still being carried on. A very nice looking leader (which is believed to be the same leader that was cut in the Golden Pah some weeks ago, and from which such good prospects have been got) has just been cut. The leader which the manager has been driving for is supposed to be not more than 20ft. ahead now, and as the ground is good, should be got in a few days’ time. The main tunnel of the Bismark and French Republic is still going on, and is now within about GOft. of the Tokatca boundary. The mine is getting into good working order, but there are only a few men employed as it is useless taking out large quantities of stone until there are means of getting it crushed.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TGMR18720118.2.17

Bibliographic details

Thames Guardian and Mining Record, Volume I, Issue 86, 18 January 1872, Page 3

Word Count
556

COROMANDEL. Thames Guardian and Mining Record, Volume I, Issue 86, 18 January 1872, Page 3

COROMANDEL. Thames Guardian and Mining Record, Volume I, Issue 86, 18 January 1872, Page 3

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