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OUR MINES.

NEW PRINCE IMPERIAL,

The reef was broken down last night in the west drive and leading stope, and a splendid haul of specimens came to hand, concerning which the manager telegraphed this morning:—"' Two hundredweight of specimens from drive in No. 2 section west, and two hundredweight from leading stope same section. Rich gold still showing in both places.—&.'S. Clabk." This telegram is the most encouraging that has been despatched yet, as it prorea that the reef west of the break is likely to carry good gold for its whole length. The place where this haul of stone was obtained is 60 feet from and about the same distance from the Southern Cross boundary. Some of the visitors to the mine on Wednesday were not so well pleased with the look of the quartz and country in this drive, but last night's haul should prove to them that the mine is quite as rich, if not richer, than it has been represented. Shares rose in price considerably this morning, there being buyers at 435, and sellers at 455. The manager telegraphed this afternoon to the effect that he had obtained 3cwt of specimens from the west drive at No. 4, and that rich gold was still showing. This makes the total quantity of specimens on hand 21cwt, or 3cwt more than i was obtained during the whole of last month. , .-■;_ •;-., THAMES DEEP LEVEL TRIBOTE. The country in the face of the south drive continues of a promising olass, and black mineral veins are found to traverse it. Quartz stringers are also met with. The influx of water is decreasing, and the face is now comparatively dry. $he manager reported on the Bth inst:—" I. hare the honor to report that the south drive has been cleaned up and repaired in to the end, and a commencement has been made to extend it. If the drive was continued in the same course that it has been going, it would go through the centre of the New Prince Imperial ground, so after •onsuiting with Mr Bayldon, surveyor, we find it will be necessary to turn the drive to the right to keep it as much as possible in the company's ground. A reef had been cut through just when the drive was stopped, and in the face vow it is fine looking country, with stringers of quartz running through it.—J. Cotttts." SOUTHERN CROSS. The manager reports:—l hays the honor to report that the winze on EJaice Imperial reef is down a distance oOSft; and it will require to be sunk 18ft further to be down to the No. 4 level. The reef is between 2ft and 3ft in thickness, and we are still seeing a little gold in it every timeitisbrokendown. The Prince Imperial company is pushing on the drive towards^ the company's boundary, and the manager thinks that in the course of three weeks it will be in, when he will be in a position to let this company commence operations on the reef at the No. 4 level.—J. COTJTTS." • EXTENDED. The contractors have driven over 100 feet through a fair class of country, but as yet no reef has been met with^ A considerable change for the better has'taken place lately in the nature of the sandstone, and the manager expects very shortly to cut one of tbq. reefs he ia driving for.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18821110.2.12

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XII, Issue 4325, 10 November 1882, Page 2

Word count
Tapeke kupu
565

OUR MINES. Thames Star, Volume XII, Issue 4325, 10 November 1882, Page 2

OUR MINES. Thames Star, Volume XII, Issue 4325, 10 November 1882, Page 2

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