MINING NEWS.

Westport Times, Volume VII, Issue 1048, 21 February 1873, Page 2

MINING NEWS.

It has been decided to register the Golden Ledge Quartz Claim, Black's Point, under the Limited Liability Act. Mr L. Davis has been appointed manager. The Just-in-Time and Fiery Cross Companies, at Boatman's, have arranged for the erection of engine, and batterios. The Herald says the terms have not been made public, but we believe they are as follows: —Twelve and a half per cent, interest on outlay, which is to be repaid out of the proceeds of the crushings, and a bonus of one and a quarter shares in the Just-in-Time and one and a half shares in the Fiery Cross, or the sum of £IOOO as may be immediately decided upon by the contracting parties. Good stone is being obtained in the Energetic from both levels, and the turtine wheel machinery works well. The present limited supply of water enables the five stampers at work to crush about fifty tons per week. The race extension in the Wealth of Nations is progressing rapidly, a large portion of the cutting is completed and some of the contracts for fiuming boards about finished. The machine is at present idle, lacking a supply of water. At Boatman's, the Just-in-Tiine and Fiory Cross claims are attracting much attention. In the latter the owners are raising some truly magnificent stone, irom a nbuft sunk on the reef from the surface to the level out by the main tunnel. The work is being pushed on with all possible expedition,

as also the bringing in of a water race. At Caple's prospecting claim, the Walballa and Age of Progress work is progressing under favoring auspices. The alluvial workings at Boatman's are every week extending; the claims yielding on an average tolerably good wages. At Black's Point, in the MurrayCreek Flat, a party of miners are now sinking to strike the creek wash, intending, if the prospects warrant it, to fetch in a tail-race thereto. A correspondent of the " Grey Argus" says • The rush to Noonan's Terrace at Orwell Creek is beginning to be really important, if one may judge from the number of miners gathering to the place and the large area of ground already occupied. The exact situation of the rush is about a mile and a half on the Napoleon side of Matthew's Hotel, at the junction of the Amuri and Napoleon roads, and about seven miles from Ahaura. Two distinct auriferous deposits seem to be opened, for the golden drift found in the last shaft bottomed can scarcely have any connection with the run of auriferous ground on which the prospectors are working. The general opinion among those best qualified to form one is, that the continuation of either the Napoleon or Mosquito leads, or both conjoined, has been found, in which case there is a reasonable probability of a good stretch of ground being open for occupation. At Half-Ounce a number of claims have been taken up along Anderson's Creek, a tributary of Half-Ounce Creek, coming in from the Teviot side of the ranges. The ground is limited, but a good deal is thought of it by those having claims in the fancy line. The part of the Half-Ounce Lead, between Mutton Town and Mabille, appears to be fed by the tributaries coming from the western range, and the recognition of this fact has caused more attention to be paid recently to gullies and creeks in that direction. There are rumours of a probable rush to Moonlight shortly. A well known and very energetic prospector is said to have discovered good ground somewhere on the range between the head-water of Moonlight and the sources of the Ten-Mile Creek on the North Beach.