MOANATAIRI.

Thames Star, Volume VII, Issue 2580, 14 April 1877, Page 2

MOANATAIRI.

All thosewhohave the true interest of the inine at heart (And cohsequintly their own) will be glad to lejarh that i\ie of inspection by the directors has tetfminated with the decision not*to.sink the winze on the run of gold, but at a point 25 feet to the westward df the el ay band. The sinking of the shaft will in the meantime proceed, and if the country does not alter for the worse it will be dpwn the required depth for opening the new level, 80 feet, in 6 or 7 weeks from the present, while the end of three months will probably see the cross-cut in far enough to intersect the run of gold if it goes down to that depth. The present depth of the shaft is about 40 feet. Driving and stoping east aud stoping west is proceeding on the No. 9 lode, and the quartz obtained is all good crushing'dirt; About-20lbii. of; picked stone was obtained from the western stope, but of course that is quite insignificant after the half tons of golden stone obtained during the last few weeks. Driving on the. All Nations leader in the low level is also going a-head, and the manager expects that at least 60 feet of driving requires to be done before this lode will "junction" with the No 9 at a^ point about '70 or 80 feet "to the east of the clay band. Something good may be expected from the junction. .Retorting after one week's crushing took place today for the yield of 17270zs gold. ,■ Henderson and party, tributera of a part N of the Homeward Bound section, completed a crushing of 20 tons at the company's battery yesterday for a return which, on being melted at the Bank of New Zealand, amounted to 46f gold. Owing to the gold, if such it can be called, containing an extraordinary percentage of silver, the price was very s nail, it being, in fact, one of the poorest parcels of gold yet sold on the Thames.

Thomas and party finished their crushing of Sir tons at the company's battery yesterday for the return of 3ozs 18dwts retorted gold*

Whisker and party, whose list crush- " ing resulted in such a profitable yield* crushed a 60Jb parcel of specimens*and picked stuff at the company's mill yesterday afternoon. They- retorted tais morning for the yield of 46oza lddwts. Williams and party's crushing was also finished yesterday afernoon. The melted yield amounted to 3ozs Odwts 12grs gold. George and party crushed 241bs. of specimen stone obtained from their tri- ' bute section, and banked/ as the result 16ozs Bdwts gold. . ,; ■■