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Mining Review of the Week.

TE AROHA.

At last we hear of one of the Tookey Flat Companies throwing off its inertia and- determining to prospect at the 400 feet level—we refer to the Southern Cross. We .tope their action will be speedily followed by the other companies, as we have already pointed out that the local bodies of the Thames will not stand quietly by and sea their money wasted unless prospecting is done at the low levels. The local bodies in assisting pumping are virtually speculating money on behalf of the people of the Thames, and if they do not their duty and insist on prospecting, they will soon hear about it from their constituents. The difference in the co3t of pumping from the 400 feet and 300 feet levels is very considerable—something over £IGO per month—and every day advantage of having the 4C9 i'eet • level dry is not taken, money is being shamefully wasted. The prospects of the Calf and Caledonian continue good, though the market has been rather flat. People generally appear to have arrived at a conclusion that it is high time one of the mines in the vicinity of the Caledonian struck a patch, and are just waiting to see which will be the fortunate mine.

The water is still the bugbear of our mine managers, during the week all the water driven batteries in Grahamstown having baen slopped, while the repair of a broken pipe was being effected. The smallness of the gold returns for the past month is traceable to the scarcity of water —indeed, we have warrant for saying that at the present time there is 1000 tons of quartz awaiting treatment. This should make things lively for the batteries during winter.

I am informed by a gentleman from Te Aroha that in the above company's ground some nice looking gold bearing stone has been discovered on the lead in the drive towards the Our Boy's claim.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18810402.2.19.1

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XII, Issue 3826, 2 April 1881, Page 2

Word count
Tapeke kupu
326

Mining Review of the Week. Thames Star, Volume XII, Issue 3826, 2 April 1881, Page 2

Mining Review of the Week. Thames Star, Volume XII, Issue 3826, 2 April 1881, Page 2

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