Mining matters are considered to be im proving in the Ballarat district which em braces a largo portion of the auriferous ground of the colony and some of the oldest established fields such as Cres wick Clunes and Daj leaf oid The Golden Reef Company a mine on Ballarat baa been returning some jields lately which though not extravagantly rich aro very encouraging and must give great induce ment to others to prospect a vaat area «f ground at a high lovel under Ballarat and its adjoining borough of Sebastopol That ground has not hitherto been worked At so high a level ns gold has been found at in tho Golden Reef and other claims the plan adopted in the rich Ballarat mni"B for merly having been to sink for the deep leadsīut from the discoveries which have been made lately of auriferous soil at a lovel much nearer the surface than it waa previously sun posed to he it is now thought to bo highly probable that valuable reef wishes wero hurricdlypassed through in years gone by m the feveriBli excitement which prevailed to reach the deep guttcra that w ere then posi lar0ccluui and as thoy aro prospect ing it \ n,orouBly then j iel Is may very shortly -peibul s be equal to any they have got in the past In the first half of this year they crtishcil 13 201 tons of stone which yielded 23 2u0tfo/ of gold of tho value of £93 110 _Jic îeturn of the Johnsons Reef Gold Mints Company foi the hist half of this vein was 15 232os> of gold from 5 870 tons of stone and there is cveiy reason to expect that the claim vv ill continue remunerativ o Stone The Great J xtended Hustlers Com pany of which the abovenamed company is an offshoot continue to receive good yields their last being 910O7 1 hat amount was not equal to w nat they lind been receiving for some months befoie but when it is con sideieil they have quirt/ enough in sight to last them for three tears it will be Been that thej are man excellent position They have. t fort night was 280oz lOdwt from 288 tons of stone Within the lost day or two the aliares of the Great Extended Hustlers Tribute Company, whoso claim some time ago tur rushed the largest returna ever obtained ?from any mine in Victoria havo risen in public favour owing to the fact that they are about to sink a w m¡_ to reach a body of stone 15ft thick which they drove through about seven or eight months since but did not then otherw me interf ore with The com pany put two crosscuts in to reach the atone nt the lev el of 358ft but they did not meet Tilth it and now they are going to test it at the 308ft level When met with previously At that depth it showed gold and it was a large body of rubbly quartz intermixed with across at a depth of 260ft It was almost impos sihlo to seo any gold in tho stone, but though it was at first thought to be poor and barely payable it is not only aun ferous but rich The company are still sinking thoir shaft and when thoy have reached 360ft will opoi out the claim east ?and west it being expected that they will meet with still better prospects at that depth The yield of the company for the la. Items of encouraging news from Sandhurst, the principal being the excel lentprospects of theRoyal Hustler sebum on the Hustler s Uno of reef, the yields from vvhwh aro very good Since that company commenced crushing about aev en w eeks ago thoy have cleared off liabilities to the extent of £1300 The greater S art of the stone broken during the last fewĪys waa taken from a body 12ft.
0 kommentar(er)
