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COROMANDEL.

(froji our oyy-N correspondent) Waikoromiko. —Some very- rich specimens were brought from this company’s ground on Saturday-, and caused a great deal of excitement, as it was said they- came from a reef 18 inches yvide. This, hoyvever, is a mistake, as upon visiting the ground y-es-terday, I found they had taken them from the leader first cut, and that the leader had only- just been opened out. A large cutting 7 or 8 feet deep has been made to the face of the leader, and a lower one is now being made to more thoroughly test it, and allow the manager to judge which is the best position to start a level from. I saw a good deal of loose gold in the stuff put by for crushing, and about half an ounce of fine and coarse gold yvashed from a dish. The reef befo-e referred to is about fou.i or five feet from the leader, and striking in the same direction, nearly S.E. N.W. It is two and a half feet thick, and has been traced on the surface a long distance. The manager anticipates the leader will fall into the main reef about 100 feet from its present face along the strike. A very good prospect, I understand, has been got f ora the reef. The Heather Bell have been prospecting their ground on the boundary of the Waikoromiko for some time past. A few days ago they came on a very uice reef, which was traced from the Victoria Company’s ground. It is two and a half feet thick, and gave good prospects, and is supposed to he the same reef running through the AVaikoromiko. The Victoria Company have opened up the lode found on their ground last yveek some distance, and have tried it in several place with payable results. Men are to be put on at once, and a low level put in to intersect the lode at about 100 feet deen. Tho Bismarck have called for tenders for sinking a winze, and carrying the Siege of Baris level on. The old yvinze is being deepened, and the leader carried down witli them. There is no change since my last report. Tho Van are now down 25 feet with the shaft, and have cut the underlie of the Tokatea reef which shows on the surface. As they had only just touched it when I was there no chance occurred of seeing what tho stone was like. The Margaretta are continuing their tunnel through hard country just now. The contractors expect to cut the reef in 30 feet further driving.

The Pride of Tokatea took out some nice specimens from their leader yesterday. I understand that Mr Win. Rowe, sen., is on a visit of inspection to the tunnel with a view of reporting upon it. Green Harp : I heard it stated, upon reliable authority, that two gentlemen had taken out several pounds of stone from the upper workings yesterday, and had it tested, and the yield was loz 9d\vt per ton. The Green Flag hove stopped work in consequence of the men’s wages not being paid. It is strange that after all the dead work is done those interested should lose sight of the advantage of continuing.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TGMR18720725.2.17

Bibliographic details

Thames Guardian and Mining Record, Volume I, Issue 248, 25 July 1872, Page 3

Word Count
544

COROMANDEL. Thames Guardian and Mining Record, Volume I, Issue 248, 25 July 1872, Page 3

COROMANDEL. Thames Guardian and Mining Record, Volume I, Issue 248, 25 July 1872, Page 3

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