REEFING INTELLIGENCE.

Tuapeka Times, Volume III, Issue 213, 29 February 1872, Page 5

REEFING INTELLIGENCE.

GABRIELS.

In the prospecting claim the work of taking in the tunnel is being vigorously proceeded with. About eighty feet has already been driven, and it is estimated that the reef will be cut at a distance of one hundred feet further. The cake of gold weighing loz. 15dwt. 10gr., obtained from trial crushings of stone from this reef, was sent to Melbourne to be assayed. The assay showed that the gold was 22 - 3 carats fine. Ten grains only were lost in the smelting. The nee price per ounce of the gold was, after paying duty, expense of smelting, and loss therefrom, £3 16s, per ounce. In Clayton's .claim, No. 1 North, the contract for sinking the shaft has been finished — a depth of 51 feet having been reached. Messrs. Clayton and Co. now invite tenders for driving to strike the reef.

In Kitto and party's claim, on the northern side of Caledonian Gully, work is at present suspended. It will be recollected that an auriferous leader was found in their claim. They therefore called for tenders for tunnelling 150 feet into the hill. They accepted a tonder for this work, but the contractor, finding the price he had offered to do it tmremuner&tive, abandoned his contract. Messrs. Kitto and Co., we believe, intend to invite fresh tenders.

The Amalgamated Companies, not finding the reef as they anticipated, obtained permission from the prospectors to drive along the cap of the reef from their tunnel, in order to ascertain the precise direction the reef trends. After driving about 40 feet they found it dipped considerably into the hill. They have abandoned their former workings, and are now prospecting in their own claim, on the southern side of the gully. From No. 2 line of reef there is nothing fresh to report, with the exception that two and a half tons of stone have been sent to Waipori. It'is probable that the prospectors of this reef will get this quantity crushed without waiting for the other two and half tons they originally intended to send.

LAMMERLAW.

A nnmber of inquiries regarding the Devils Creek Quartz Mining Company have been made, and there seems every probability that the company will be very easily floated.