THE EXCHANGE.

Thames Star, Volume VI, Issue 1767, 1 September 1874, Page 2

THE EXCHANGE.

The driving in this mine towards the north west has been for tho present discontinued in consequence of want of air. In the other drive, or rather in the drive from which the crushing stuff is being taken, one hundred feet has been driven out, but for the last twenty feet no stone from the main lode has been broken down. This lode in itself is four feet six.m thickness, and when portions of it were last broken out showed gold; alongside this lode is a strange formation of country, four feet of which is being saved for the mill—it is full of stringers composed mostly of cut quartz, lying in a sandstone country. In driving in this direction there is still one hundred and forty feet to go to reach the boundary. The main cross-cut is now about 56 feet beyond the lode" supposed to be the No. 1 in the Crown Prince; the Exchange people call it their No. 7. A number of stringershave been met with in carrying on this work, which the manager opines indicate the neighbourhood of a strong lode; what it is, or what it will possibly prove to be, is a matter purely of speculation. The fan was at work this morning, still the manager must have all his work cut out to keep up even moderate ventilation below. AH else that I could observe was working well and smoothly. I was shown three or kegs full of stone—well I cannot call them specimens, yet each stone showed gold freely. '■'■■,