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THE WEEK.

The week's mining operations all over the field have not been barren of gobd results, which is a sure sign that the prospects of the Thames are improving, though those prospects are much retarded by the fact of there being so little independent prospecting done, the which could not but result in benefit to the field; . The number of mines conspicuous for good returns hail largely increased. Without the least fear of a, charge of sophistry, it maj be said that we now hare, besides the Bright Smile. Queen of Beauty and Manukau—the City of London, Cure, Queen of the May, and a number of prirate holdings. The Caledonian is daily giving promise of better things During the week specimens have come to hand freely, and yesterday, a large parcel was obtained in which the stone was for the most part brilliant with the precious ore. This will be good news to many holder* of Caledonian shares who bought

into the company before it was thought they couM so depreciate in value as to be quoted at prices lately current in the market. Prospects from the Cure are likewise encouraging; while the reverse must be said of Tookey's, in the lower levels of which, at present, the prospects look very bleak indeed^ The tributers, however, are working for folerably good results. Hard and stubborn rock is still met with at the bottom of the Big Pump shaft, in consequence of which the progress of sinking is slow, and the contractor, Mr Box, very much out of pocket. 605 ozs. of melted gold was the Manukau's return this week, but the tramway battery at which the stone was crushed, had nothing like- a continuous run on account of the scarcity of water ; the return under these circumstances was therefore not so good as it would otherwise ha^e been. As a whole, mining during the week hasbeenreproductive toan incieased extent, and despite the attractions which are continually presenting themselves elsewhere/ to induce the miners to take wing for fresh fields, we may look forward with every confidence to the futare of the Thames, or, 1 should rather with as much confidence as we can look forward to anything in such a world of uncertainty.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18750410.2.13.1

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume VII, Issue 1955, 10 April 1875, Page 2

Word count
Tapeke kupu
374

THE WEEK. Thames Star, Volume VII, Issue 1955, 10 April 1875, Page 2

THE WEEK. Thames Star, Volume VII, Issue 1955, 10 April 1875, Page 2

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