CARRICK RANGE REEFS.

Tuapeka Times, Volume V, Issue 224, 16 May 1872, Page 8

CARRICK RANGE REEFS.

QUARTZ (From the " Cromwell Argus.")

Stak of the East. — This company completed a crushing of 135 tons on Tuesday last, and obtained 119oz. 17 dwts. of gold, — the average per ton being about I7dwts. It may interest those connected with reefing on the range, and especially shareholders in the Star of the East, to Jcnow that the crushing above mentioned was taken from a portion of the reef that varies in thickness from 18 to 22 feet. The fact that two leaders join tho lode at this spot accoonts for its great width. The claim has been put into first-rate working order by Mr. S. Williams, to whom great credit is due ; and it may still further interest the public to know the company have from 8000 to 10,000 tons of stone in sight. Elizabeth. — After about four weeks' run, during which 199 tons of stone were crushed at the company's own battery, a cleaning up took place on Saturday last. The yield of gold from the quantity of stuff above mentioned was 70oz. This was quite up to the manager's expectation, as a quantity of poor stone had to be put through to get the mine into working order. We believe the company have decided not to crush any more material from the claim untill the main shaft shall have been connected with the tunnel. This work is being rapidly proceeded with, and will, when finished, enable the company to work the mine in a systematic and economical manner. — At a meeting of the shareholders held on Saturday night, it was resolved to call up capital to the amount of £400 by ordering a payment of 6s. upon each £5 share. All Nations. — This reef is being tested by a crushing of twenty tons at the Standard Company's battery. We sincerely hope that it will prove payable, as, being in a new portion of the range (Paddy's Gully), it may lead to further discoveries.

The Robert Burns Company purpose to crush fifty tons at the Standard battery this week ; and the John Bull Company will also have a crushing shortly. The Nil Desperandum Company still, keep grassing stone slowly ; while the Golden Gate Company have only managed to drive' some tour feet through their hard, wet rock during the last three weeks.

From Bendigo the "Cromwell Argus " of the Bth inst. learns that work has been recommenced on the Aurora Company's clmm, and that the new lessees are- getting out stone estimated to yield about Sdwts. to the ton. It is said that, even should the return of gold obtained not exceed the average mentioned, the reef will pay handsomely. — The Colclough Company cleaned up on Saturday week, and obtained 106oz. from 99 tons of quartz. It is reported that the shareholders are about to take steps to increase the capital of the company by issuing new shares.