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BENDIGO QUARTZ REEFS.

We extract the following items of mining intelligence from the Bendigo correspondent of the " Cromwell Argus " :—: — The Deep Level Company are proceeding vigorously with their work. A track has been made to the site of the tunnel, and the approach to the level is in a distance of 16 feet. 'It is being cut through a sort of moraine. - The face is now 17 feet, but this cutting, although heavy, will bring them sooner into solid country than if they had started in the adjacent face of broken rock. There is a leader with fair; prospects cropping at a distance of about 60 feet from the face, bo that the company may be on gold sooner than Wat anticipated. The Lucknow Company are still driving along the reef (?), but have not as yet, I am sorry to state, met with any quartz. The walls have a tremendous underlie, and from their appearance, I imagine no stone will be found until the fissure joins the Aurora reef, from which it evidently springs at a great depth. J believe it is intended to Boat the new Aurora, and test it by a deep shaft. If this is done, I have little doubt of success attending the spec. They have a reef six feet in width to commence on, which has never yielded leu than 8 dwts. per ton, and which in any other place but Bendi^ would nerer have been abandoned. Wrightson, Logan, and Co. are putting down a new shaft on the Golden Crown, the old one proving too wet for prospecting purposes, They are down over 20 feet, but have not yet met with anything startling. The adjacent claim, No. 10, will be commenced in a few days. Mr. Logan is interested in this one also. A lease has been applied for on theßiee And Shine reef, under the euphonious title of the "Eureka." It is proposed to further prospect the reef by a tunnel into the hill above water l*vel. I believe all the shares at present intended to be issued are taken up by local and Cromwell people. The Reliance Company have not yet struck the reef, but according to a survey lately made they cannot be far off. Shares in this company, owing to iU contiguity to the Cromwell Company's ground, are up very considerably in the market. The Energetic, adjoining" the Reliance to the westward, will be shortly proceeded with. I believe it is the intention of the proprietor to test it by a fcunnell at a very low level,. The Cromwell Company continue taking out every rich stone. The last cake was 1400 ounces retorted gold. The new stamper-box has .replaced the old one. There is plenty of stone for the two, and an abundant water supply, so that a very rich " Christmas cake " indeed may be Expected this year,

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TT18741219.2.13

Bibliographic details
Ngā taipitopito pukapuka

Tuapeka Times, Volume VII, Issue 418, 19 December 1874, Page 3

Word count
Tapeke kupu
478

BENDIGO QUARTZ REEFS. Tuapeka Times, Volume VII, Issue 418, 19 December 1874, Page 3

BENDIGO QUARTZ REEFS. Tuapeka Times, Volume VII, Issue 418, 19 December 1874, Page 3

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