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TE AROHA.

(fbom ottr own cobeespondent.)

During the past week the - Auckland ■directors of our leading mines paid us a visit and made a tour round.

PBEMiEK.-^Work is being pushed onj and a large amount of stone is to hand from No 3. 1 and 2 reefs. No. 1 reef is considered the best. Gold is to be seen all through the sto&e at present out, while No. 2 reef is a large compact body of stone, yielding fair prospects on being crushed. A contract has been let for another drive 120 feet below the present low level. The manager thinks 135 feet of driving will cat the reef. This level will thoroughly test the value of the reef for 250 feet below where it was first cut on the surface, and will allow stone tj be sent to the main tram at a alight cost. ''

Vulcan. —The reef is being driven oh, and good crushing stone is being taken out; much the same class as that found in the Premier.

Colonist.—The main crosscut is being pushed on and the manager expects to cut No 2 reef in some 23 feet more driving. The stone on the footwall is still as good as ever, and a large amount of stone is ready to be tent to the mill. Canadian.—The men at present em ployed pi err 1 through the reef on the boundary of the Colonist, r.n'l expect ti find gcod s fo? c when the reef is cat through. : Ne^ Ftkb. and Abizona are jointly pushing on their level, and th« contract fors are making good progress. The drive will intersect the main reef in the latter company's',ground some distance froai Ibe boundary, and ought to cut the reef on which the wiuze is sunk on the boundai/ of'the New Find Company's mine.

Diamond Guily.—Some £0 tons of stone are stacked at the mouth of the drive, in which gold is easily seen. The country is still rather hard, but not a bad kind for carrying gold. In the.WEBAHiKO and Waitoki good stone is being "taken ' out, and the same may be said of ths Moa. In the Stanley a reef is being driven on which gives small prospects. In the Abmy the drive is now in a better class of country. The party who forwarded the late sensational telegram of a find in the Bonanza must have again squatted on the famous 200oz stove found by that wonderful correspondent when Te Aroha was opened. Some few pounds of very good stone were taken out of the GoldbnHill a short distance from the workings in the old Prospectors' I laim. I cannot account for the rage that at present exists for forming companies in ground that has had little or nothing done in it, and whose chance, if any, of the known reefs is small. The money spent in forming companies would be better spent in testing the ground, and if those hold^ ing shares would only come to this conclusion it would stop a great waste of money, and the probability of the winding up of a lot of wild-cat companies.' - ' ,_^, v Work on the battery' is being pushed on with, and it will be ready to,start

some time before the tramway is finished to the mines, as the work, of construction will take some time, the country being rather rough and broken.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18821004.2.15

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XIII, Issue 4293, 4 October 1882, Page 2

Word count
Tapeke kupu
565

TE AROHA. Thames Star, Volume XIII, Issue 4293, 4 October 1882, Page 2

TE AROHA. Thames Star, Volume XIII, Issue 4293, 4 October 1882, Page 2

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