MINING MEMORANDA.

Tuapeka Times, Volume III, Issue 204, 28 December 1871, Page 7

MINING MEMORANDA.

A rich find has been made in Shield's Reef, Inangabua. The stone is expected to yield 60ozs. to the ton.

A reservoir has been constructed at Charleston for the supply of water for mining purposes. The total expenditure on the work, including cost of races taking water to the reservoir, and leading from thence to the ground to which it furnishes the means of working amounted to £9,000, £700 of which was contributed by the Nelson Government.

A West Coast Journal reports :—: — Another new reof is reported to have been discovered at the head of Larry's Creek, eighteen miles from Reefton, and in the direction of the Lyell.

The Beudigo correspondent of the "Cromwell Argus," reports: — The Cromwell Company are going on as usual. I hear occasionally that the stono is looking first-rate in this or that shaft, and probably it is true, for if the reverse was the case, the odds are ten to one against any informants proving so communicative. — The Colclough,Company are on good stone-;

their last wash-up gave nearly two ounces to the ton. Unfortunately, the reef is very thin ; however, this is fault that may soon mend. I trust so, for the Company. Among things not generally known says the " Melbourne Leader," is the fact that valuable quartz reefs exist in the Gripps Land district, at a place called Mount Look-Out, situated on the road from Wallhalla to Wood's Point, about 27 miles from the former and 17 miles from the latter place, and in close proximity to the rivers Thompson and Aberfeldy. There have been alluvial workings in the viciuity for some years past, but the discovery of quartz reefs is comparathely of recent date. A small township has rapidly sprung up, and the buildings are mostly of a substantial character. Ihe influx of population within the past three months has been considerable, and capitalists fro m the lower districts, Bale and Walhalla, have lately iuvested in our mines to a large extent. There appears to be only one opinion respecting the reeefs — that such a show, taking into consideration the extent of country, was never before opened. There are two distinct lines of reef, running parallel with each other, and about two miles apart. The one is called Swensou's line, the other Lone Star ; gold more or less is obtained in the quartz for upwards of four miles in each line, the whole of the country having been taken up in leases and claims.

The "Mansfield Guardian," Victoria, states that it is in contemplation to secure a boring apparatus to try deep sinking at Mansfield. It is thought that gold can be obtained in payable quantities.

The " Tarrengower Times " writes thus hopefully of Maldon "Mining matters begin to look more cheering, and we have good cause to anticipate a great change setting in to tide us on to prosperity. We have a splendid field for capitalists and enterprise, and if promoters and others, holding auriferous ground, be but reasonable in their demands, and' let their moderation be known to a few successful Bendigonians, capital may be expected to flow in, and Maldon wake up some fine Jiiorning and find itself once more famous for mining industry. The very favorable results from recent crushings of stone prove the sterling worth of the many abandoned claims and reefs.

The Stockyard Creek correspondent of tlie " Gripps Land Times " mentions that the Big Log Company lately obtained a splendid lump of stone in their claim, weighing over 100 lb., which is expected to yield between 30 and 40 lb. of pure gold. For somft inexplicable reason the find was kept quiet and the nugget sent off to Melbourne on show,

Prospecting is to be carried on extensively on the Ecbuca plains at last. A company is now being floated, with a capital of £50,000 in 50,000 shares of £1 each — 10s. paid up, 2s. to be paid on application, and Is. on allotment, calls not to exceed 6d. per month. The "Riverine Herald is sanguine of the results, and looks forward to seeing the district of Echuea numbered amongst the most productive goldfields of the colony.