PINAFORE.

Thames Star, Volume XIII, Issue 4254, 19 August 1882, Page 2

PINAFORE.

The proprietors of this claim—Messrs Hickey, Sullivan, and Delahunty—decided a short time ago to form a company to work the ground. There are 43 shares, three of which are retained by the former promoters, while the others have been sold to Auckland capitalists at the rate of £25 per share. Half of the money thus raised will go as tbe purchase money of the claim, while the other half will be devoted to working the ground. The good yields obtained from this piece of ground since it was pegged out warrant the belief that the new company will be very successful. A crushing taken from the reef a short distance below the surface gave over Bozs to the load, and since then a single load and about 4lbs of stone have been crushed, yielding 14ozs 6dwts melted gold ALBUENIA. The drivs for McLean's leader is being pushed ahead. The clay seam disappeared last night, and quartz is now making its appearance. No gold has yet been seen in the quartz, but it looks favorable. A few days will no doubt test its value more definitely. Foster and party have treated 7 loads for the payable yield of 13ozs lOdwts gold. :. WAITBKAURI. In the No. 2 mine there arc now six r . parties working, and the four parcels of gold banked yesterday show that they are meeting with fair success. Mr Brown has lately made some concessions in regard to the percentage, and this will no doubt give the parties working an additional impetus. In the No. 3, the drive for the tributers' reef is being pushed ahead, and the manager expects to be in far enough a week hence to know if the reef passes through the ground or not,