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COROMANDEL.

Union Beach : The tributers in this mine are making fair headway. Some of them hare obtained small parcels of very rich stone, and although others cannot boast of very great success, their turn may yet come, and on the whole there is good reason to hope their success will induce the directors to make another effort to develop the mine at a lower level. Many of the local shareholders have the greatest faith in it. New Golden Pah.—This company, . after going to very great expense in erecting machinery and prospecting Ihe ground, hitherto without success, have closed thfj mine for a time. The shareholders have been very persevering, and deserve better luck. Just in Time.—The shareholders are busy opening out a drive from the bottom of the winze, which has been sunk 40 feet below their lowest practicable level. Very rich specimens have been taken out all down the winze, and since they have opened out the same rich character of the leader continues. It is intended to drive a considerable distance and open up a large block of ground. Kapanga.—At last a movement is being made to start this mine again. After a very long delay, tenders have been accepted to repair the road, and a few men are engaged preparing the machinery. It is contemplated sinking the shaft another 300 feet, which will give them over 600 feet from the surface, and will indicate pretty fairly wbat we may expect from the deep ground. Bbight Smile.—Work is carried on vigorously in this mine. The manager is driving on two leaders, from which he obtaios excellent dish prospects. The country is very good, and considerable progress is made. No specimens have been obtained lately, but from the indications, which are very favorable, a patch may be come on at any moment. Eotal Oak.—Stoping out the shot of gold lately discovered is the order of the day. Some very good stone comes to hand occasionally, and the general stuff is excellent, but the conntry is very bard, and consequently progress is very slow. Tokatea.—The manager Mr Hall, is very busy erecting the rock-drill at the moutb of the low level. The machinery is all on the ground, and is being rapidly got into position. It is expected to be in fnll working order by the end of next week; and, if it only does its work as expected, a very few months will see the Bismarck in full swing, and the Tokatea should be reached within the year. Gold returns for the last month give 1190z5.-—Herald.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18800401.2.19

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XI, Issue 3515, 1 April 1880, Page 4

Word count
Tapeke kupu
427

COROMANDEL. Thames Star, Volume XI, Issue 3515, 1 April 1880, Page 4

COROMANDEL. Thames Star, Volume XI, Issue 3515, 1 April 1880, Page 4

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