OHINEMURI NEWS. [FROM OUR OWN CORRESPONDENT.] Karangahake. Paeroa, Tuesday.

Waikato Times, Volume XXVII, Issue 2253, 16 December 1886, Page 2

OHINEMURI NEWS. [FROM OUR OWN CORRESPONDENT.] Karangahake. Paeroa, Tuesday.

Pakhoa, Tuesday. Thk past year has decidedly brought about a change for the better in mining matter". In place of the volatility that reigned this time twelvemonths, where, from the pinnacle of hope, speculators and miners alike were dashed to the abyss of despair, and as quickly raised—when mullock tips were eyed with covetous glance one day, and the pick of the quart/: scouted the next—in place of the«e we have a better knowledge among the men themselves .»f what* what, a knowledge which, although brought about in an empirical manner, i-. still well boucrht at the price of a year's experience. The failure of tho LaMonte t>nielter has brought about the genesis of the pan and settler process by the Quartz Reduction Company, and this is, as far as can be at present judged, a, most decided success. Several good finds have been made, notably the Adeline and the R'>-,e, the former of which should, and undoubtedly will, prove a bonanza to the -shareholders. The Comstock claim recently opened up by Mr Ja-. Liddle, a prospector of many years standing, has proven to be the tiist claim which may undoubtedly be profitably wo!ked for silver alone. An assay of the ore, which is almost a pure sulphide of silver, shows 200. >zs. silver, and merely a trace of gold to the ton. A parcel of this is being prepared for Railey's plant. It is said that the silver amalgamates freely with mercury from thisoro. The Crown mine will probably b© making a splash shortly also. The" company j has some 400 or more tons of good grade ore ' broken out ready for treatment, and tho most of fhis will be cleared away to the local mills immediately. There are no less than six large prospecting parties out in the district, each of whom are highly sanguine of successful results. They are, without exception, old diggers, who know country when they sco it. and who have had experience on the Wc^t Coast, Otago, the Palmer, Kimberley and the early A^ictorian rushes. They are mostly being subsidised by Government tluough the local body. The Waitekuri district is still keeping up its name as a bullion producer. Hollis and party are getting first class stone, and Spene has not yec worked out his specimen leader. Your Currespondeat was also shown recently about an ounce of rough alluvial gold panned out from *he creek. Some of the lumps were the size of a small pea. At Owharoa thing* are in statu quo. The prospecting tunnel is now over 1000 feet, and hau been left alone pending a Government subsidy. There is nothing exciting in the way of news from the Parakawai and other new finds in tho district.