OHINEMURI GOLDFIELD. [FROM OUR OWN CORRESPONDENT.]

Waikato Times, Volume XXVI, Issue 2167, 29 May 1886, Page 3

OHINEMURI GOLDFIELD. [FROM OUR OWN CORRESPONDENT.]

KarangahakePakhoa, Wednesday. SuTßO.— Work is confined to driving along the reef in the low level on the footwall. The lode here is about 14 inches wide, and carries occasional colours. Adeline.— Very good quartz is coming from the stopes. Some 50 torn are to grass, and as soon as the road is fit for ti ansit, a largo parcel will bo sent to the Ivtnhoe battery. ■ Dubbo.— Stone of fine quality to hand from the stopes on the reef in the drive, which should return a very good average yield. Woodstock.— The LaMonte furnace has not yet started, but there are rumoura to the effect that tires will be lit in about 10 davß - The new quartz-reducing works, under the able supervision of Mr J. Railey, who ia an Ameiican of the go-ahead type, are being rapidly erected. About 14 tons of machinery are on the ground, and it is hoped that bona fide reduction will be commenced almost immediately. The concern has been floated as a company, to be called the Karangahake Quartz Reduction and Mminp Company (Limited.) The capital is £5000 in 10,000 shares, 500 fully paid up, and 9,500 with 4s paid up.

WaiM. Silvertok.— About 65 pounds of picked •tone were taken in one lot from this mine during the week. This stone is considered to be worth from 2 to 3dwts. to the lb. Union.— Mr J. W. Walker is to be congratulated atthe success of hismine. Thereef is about four feet thick (average), and is looking extremely well. A large quartz paddock is being excavated. Chancb. — This licensed holding has been recently floated as a company under tho name of the Kimberley Goldrainintc Company (Limited), in 20 800 shares nominal capital £10,400, nil paid up. Work is to be commenced immediately. . . V-There is little of outsido interest to be reported from the mines. It is sufficient to say that they never looked better, and there Yiow appears some chance of those Auckland men who have invested so much on a hitherto unrenumerative speculation to got some of their money tack from tho

gaping eaith, whoso cry 4ias bern 'Give give." They nre not wanting thrmo wlio decry Auckland capitalists as sharks, grabbers, &c, but the history of the Ohinemuri Gold field gives the lie to such, for never hns a body of men stuck more tenaciously to a goldfield with so little chance of profit than the moneyed men of Auckland have to Karangnhake and Waihi.

General News. Tho minus here »nd at Te Aroha are agitating for the miners' right fee from £1 to fis, also that the holder of said ricrhn should be entitled to mine on any and all goldfields and Crown lands in New Zealand, It is rumoured that should the matter of the redistribution of seats be brought along during the present Parliamentary se«sion that the Ohinemuri end of the Tauranßa electoiate will have a member of its own. Mr Grace, M.H.R., for Tauranga, is not averse to this as at present he has too much responsibility, too much " walking: and talking," and too many demands for Government money or his political life. Th« population of the Ohinemnn end (including the Totara and Whangatuata) is about 2000 souls. Mr La Prelle, late of the Owharoa and Mackaytown School, Ohinemuri, leaves this week to take charge of the Rangiaohia School, Waikato. He is a painstaking tutor, and should give satisfaction in his new billot.