MOANATAIRI COMPANY.

Thames Star, Volume VII, Issue 2558, 19 March 1877, Page 2

MOANATAIRI COMPANY.

The folio wihjffeport^was to be submitted to the directors at the meeting at Auckland held this morning at 10 o'clock: —" Moahatairi G.M.Co. Reg., Thames, March 17th, '77. The Directors. —Gentlemen, —I have the honor to report asj follows :—Bottom level south east cross-cut.—-No. 9 reef is now divided on east: from cross-cut 55 feet, but the lode has not been broken down for the last 8 feejb. It has a splendid hanging wall and shows' good colors of gold. The rich run so far as proved'is 12 feet long, at the east end of it a smallclayi band grosses the reef, rich gold shows on the other side of this where the reef is stripped for the distance as above referred to. The last 6ewt of specimens broken down'from " run " gave fully 1500 ounces gold, and the reef shows equally as rioh going up and down" as when last broken, also the end of stope for 6 feet/ihigh; in the s.tope westward for 20 feet the reef is a mass of copper dnd I miindie gold? disseminated throughout the stone,- averaging fully-, 20oz8 to the ton.,. JThe drive on same reef from cross-cut is expended 15 feet. Tlie reef is 2| feet thick with good " splats " of gold, and occasionally a few pounds of picked stone. I here is every indication here of further improvement. Wallace's "Leader.—These stopes havo | j shown gold fretjiy, otherwise there i 9 i'no change. North west cross-cut, All Nations leader.-—No reef hay-"been broken down since driving wajf resumed. I think this leader will junction with $$o. 9 after about 70 feet more driving. At the junction in upper levels Wo. 9 was very productive. Junction,o^ Nos. ; l and 3 reefs.—The' stopes arid* drives east and \\ est are producing payable_stuff. I look for improvement in the drive east as it corners near the slide. t Engine Shaft.— The water has been ,taken up and the engine started. I think ten. weeks/*will put it down the required depth, viz., 80 feet.' "During tBS forMghff '315 tons havo been crushed from the bottom level and 75 tons' from other parts of the mine. The total yield of gold is 4913 ounces retorted, or an average of 12ozs 12dwts to the ton. All operations in the upper parts of the mine have been suspended, and the men are now employed at bottom

evel. The new changing house will be j completed in a few days, after which all men will go to work through main entrance^. The machinery is in good work-, ing order.—l remain, gentlemen, yours obediently (signed), Kobbbt Comeb, Miiiiet Manager." ■ ■■#-:,. .. v ' .Breaking down was resujtnedj: thi^ morning, and 6cwt of very rich ipecii mens was'tha result. These'wei;e s being crushed..,, this ''morning at "^bj**. batr tery. The- lode continues to loSk weljii The gold resulting from Saturday's^ retorting and that, of the Saturday before was melted on SaturZealand;" The process of- melting occupied several hoiirs, and by 4.30 the uncouth lumps of Tretorted^gold wpre^reduced.;toxsotneils;or 16 large bars weighing a.to^ether 48370zs 14dwts The^cioss^is-ATSoz^ledwts, or about l|.per cent. The gold was very clean, and f rjt>flects great-credit .on the; treatment at -the battery, -as great care must have been taken to cause such a small loss en such;alarge amount of gold Besides the T crushing for the company 226 tons we're "crushed Ibr'the public, producing lOpiozs retorted gold for .the "fortnight ending jJa'iuVda'j^ Marelt r7th.: 6 5|esides moving the : c!iapging house to ihe : "battery' yard if is" intended shortly to; nao^vje^he, oflßcejdovyn there; also^jj ; # ; George and party, tributers.obtainedj „910Z3 retorted- L gpLd . frq!ta o their..crushing; completed at the company's battery today. .>'•:.-;-iT -.>'.: ;-;-o Truscott and--party completed the, crushing of their lot on; Saturday" after-; tnppn for the- return: of 12ozs .retorted; 'gbid. ( ■'xH; ■- " ) "" •'