LATEST PAEROA NEWS.

Waikato Times, Volume XXVII, Issue 2243, 23 November 1886, Page 2

LATEST P AERO A NEWS.

|_UY TELKCJKAI'H.— OWN CORRESPONDENT,] Paeroa, Monday. In order to satisfy myself concerning the Adelino low level find, I paid a visit there to-day, and find that the report is in no way exaggerated. The drive, which la along the reef 158 ft., broke in on the gold on Friday morning. Some of the stone broken out shows gold in specks as large an a pica, and tho metal ih scattered in more or leM quantities throughout tho ore, which is of a kindly nature ; in colour, a brownish mottled hematite. There are also indications of the presence of silver in chloride form. The low level drive is 70 feet below the top level, and the point where the present gold has been discovered is some 20 o» 25 feet eastward of the point at which the recent magnificent crushing was taken from. The inference is that the gold not only comes down, but spreads out. The Quartz Reduction Works' cleaning up of the Sntr.) gold now proceeding. From the weight of the amalgam, which \* cold water squeezed, t he 14 tons of ore put through should not bo less than £20 per ton. There is no doubt that the plant is an entire success, and that the problem of the reduction of the Karangahake ore is solved. Mr Bally is putting ft small parcel of Tiii dirt through the pans. Mr Hornsby, working director, left to-day for town. Sumo.— Mr Morgan is working three shifts to get out another crushing for the new mill. Lkuiixgton. — The manager has cut through a small leader, but is drh ing for the reef. Some excellent stone has come to hand from the top workings. Woodstock.— lt is an understood thing j that if Railey'.s is a success a large parcel will be sent there.