THE HONGKONG WEEKLY PRESS AND
advertisement. If any shareholder has any | KAUB AUSTRALIAN GOLD MINING questions to ask I shall be pleased to answer them.
There being no questions, the meeting was brought to a close, the CHAIRMAN thanking shareholders for attending.
THE PỤNJOM MINING CO., LIMITED.
The Secretary of the Punjom Mining Co., Limited, advises the receipt of the following report for May from Mr. Blamey, the manager at the mine :-
August Shaft 200 feet level.-Good progress has again been made in driving the No. 2 cross cat; 65 feet having been driven, making its total length from the main North crosscut 353 foot. A few days ago we came up to a course of broken reef matter showing specks of free gold, but as it is lying at a very low angle (about 25°) and is enclosed in very broken coun- try rock, I cannot own it as Gillies' reef. We shall continue driving East as hitherto, until we are sure that the course of that reef has been reached, when, if nothing of value is found, drives will be opened upon the course of the ore already passed through.
Intermediate 140 feet level.-There is no change to report here, the stopes, etc., still giv- ing the usual quantities of low grade ore. The drive going out to the new shaft has reached its destination and is ready for the shaft when it comes down.
110 ft. level. The new shaft having been repaired from the surface to this level, a con- tract has been let to continue it down to the intermediate.
་
Upper stopes.We continue to do a little in these, and get a small quantity of ore for
the mill.
Early in the month we found a small leader in the north side of those stopes, which has given ma for tons of very fair ore indeed, but as its Bosnia has been well prospected below the soft level, it cannot be persistent in depth.
Gillies' Reef, Mill Gully Tunnel-The north drive here has been connected with the workings at the Kladi Tunnel and is now being continued still farther north. The reef, although not strong, has given some fair grade ore for the mill. A winze is being sunk below the bottom of this tunnel on the first chute of ore found and fairly good ore is being got. But I notice that the black dyke seen in driving is met with in sink- ing also, and is still interfering with the reef; in fact, it seems to cut it off altogether. What is really going to happen, however, can only be proved by further development.
Kladi Tunnel.-The work we were carrying on here is now being done by means of the Mill Gully and in future will be dealt with when re- porting on that point,
Total drivage for the month,., Ore mined....
made up at follows:-
Upper Stopes
August Shaft
Mill Gully
New Leader
.591′ 3′′ .781 tons.
80 tons 10 owls..
.526
.140
****...34
+6
→
10
"
Milling. This was carried on during 27 days, crushing 1,191 tons 10 cwt. yielding 427 oz. 3 dwts. 7 grs. of melted gold; viz., 781 tons 10 cwt. Ore from the mine for 382 oz. 3 dwt. 7. gr. and 410 t ns headings for 45 oz.
Cyanide Works. This was sufficiently ad vanced to allow of operations being commenced on the 18th inst. and is now working conti- nuously. It is running on the heap of old failings, and the results will be watched with interest. I may tell you that the arrangements for filling and emptying the vats are very com -plete, the total cost of both operations not
exceeding 4d. per ton.
General.--All work coming under this bead continues to receive due attention. About 2,459 feet of new roads have been made into the jungle for bringing our firewood and mine timber and the main water race has been widened and repaired where necessary.
Labour. The supply of this is better, many new hands having come in during the month.
Health. This, I regret to say, is not very good, a kind of influenza and bronchitis having broken out among both Europeans and natives.
Rainfall.-During the mouth the rainfall was 8 9/16 inches.
|
COMPANY.
ANNUAL MEETING.
The annual meeting of the Raub Australian Gold Mining Company, Limited, was held in the registered office, Brisbane, on the 23rd May, when about forty shareholders were represented. Mr. De Burgh Persse occupied the chair.
[July 4, 1895.
them, the lode being about 18 feet wide. *The hanging wall of the lode is very bad in this end and the lode has to be taken out on sots and the ground kept filled up close to the - face to prevent it running. All the stopes and workings are in first class order.:
Engine Shaft.-This is now down 30 feet below the 146 feet level. 15 feet have been sunk and 18 feet timbered during the month. We lost seven days waiting for fittings for the pump, as Hole shaft that were intended for here. There we had to use some of the fittings in the Raub is no change in the ground, but the water is very heavy, owing to the wet weather we are getting.
Western Lode.-There is no change to report in these workings. Stoping is going on as usual and there is no change in the prospects. The wet weather is causing a little trouble in the stopes and making them dirty.
Railway-Good progress is being made with this work, considering the wet weather we are having, and I hope to have all the earthwork completed as far at Bukit Koman by the end of this mouth, but the work is being greatly retarded for want of trucks and rails. There are now about 160 coolies all told employed on the work.
The Chairman, in moving the adoption of the report and balance-sheet, said he regretted that a year should have passed without any dividend becoming available. The board were the more disappointed that this should be the case as they had anticipated, and were led to anticipate, much better results from the crushings than have been actually obtained. During the twelve months ending the 28th February last, 6.459 tous of stone have been treated for a return of 3,413 oz. of gold, or an aveage of 10dwt.. 14 gr. to the tou. The previous six months had given a return of nearly 16dwt. to the ton, so that had the average been the month, owing to our not being able to cart Battery. Thirty-six hours were lost during maintained, we should have received about £6,000 sufficient ore to keep the mill going full time. more to the credit of profit and loss. As it is, A rough clean up took place on the 3rd inst. over £12,000 worth of gold has been wou; suf. The mill worked 223 days crushing 760 tons of ficient not only to pay all expenses, but to pro- ore for a yield of 1,190 oz amalgam. Crushing vide additional machinery required, and to
was resumed again on the morning of the 4th defray permanent works. These Mr. Bibbyinst., having lost 12 hours putting in new b
brass estimates in bis pay sheets at about liner in Battery pamp. Since starting the $2,000. In connection with these same perma- mill has been kept at work full time. nent works the question has been raised whether the paid-up shareholders are being treated quite fairly. Development has proved the lodes on the company's property to be of a permanent character, and workable at a profit; even though the grade of ore be low. Moreover, stone for the battery can now be obtained in more than sufficient quantities to keep the twenty stampers constantly employed, but the system of carting the ore by bullock-drays, which has hitherto obtained, has proved to be inefficient, and, indeed, came perilously near a break- down during the past wet season. The two boards have, therefore, sanctioned the construe- tion of a light railway to connect the mines with the battery at an estimated cost of £3 200, and though it is believed the money to carry out this contract can be won from the mines, the outlay is one more properly chargeable to capital. The directors have requested that the matter may be left in abeyance for the present, but should necessity for more works of this nature arise, the holders of contributing shares must expect to see the bolders of fully-paid shares re- ceive a dividend while they themselves do not. I am satisfied the management is as economical as circumstances will permit. I now move the adoption of the report and balance-sheet,
The motion was seconded and unanimously
agreed to.
It was decided to reduce the number of direc- tors from five or four, and Messrs.. De Burgh Persse, R. Philp. G. Frederick Scott, and James Forsyth were re-elected directors. Messre. W. A. Strong and T. A. Bond were also re-elected auditors. The directors' fees for the ensuing year were reduced from £300 to £200. The auditors' remuneration was fixed at 5' guineas each.
A vote of thanks was accorded to Mr. Bibby, the manager of the field, and his staff.
The meeting then terminated.
BAUB.
The Mining Manager's report for four weeks ending 13th June, 1895, runs as follows:-
Raub Hole Section. The No. 2 shaft is now down 56ft. below the 120 feet level, 16 feet having been sank and 20 feet timbered during the month. If anything the ground is a little harder and the water heavier. The litter is giv. ing us a good deal of trouble and the pump has all it can do to keep it out. There is no change to report in the stopes, which are turning out the usual amount of crushing stuff.
During the earlier part of the month there -was a good deal of sickness in the camp, but there is much less now. The weather still keeps very hot, with heavy thunderstorms almost daily.
HONGKONG GOLF CLUB.
CAPTAIN'S CUP.
Captain J. M. S. Stewart, Rifle Brigade, handed in the best of a somewhat indifferent lot of July, and wins the Cap and Sweepstakes with of scores in the above competition for the monih
P. Marshall with 87. There is nothing to ac a net score of 86, ol sely followed by Captain O.
count for the unusually high scoring, except în the day and whose rounds were sadly interrupted by case of those players who played off on the first rain squalls. On the third day the conditions for golf were almost perfect and low scores
might reasonably have been expected. Results:
Mr. C. Palmer
Mr. H. L. Dalrymple
Mr. E. A. Ram
CUP.
87
258885SX858 88888
Captain J. M. S. Stewart, R.B... 100 Captain O. P. Marshall... Mr. Gershom Stewart .... Captain W. V. Eccles, R.B. Mr. G. W. F. Playfair,
∙14
108
21
94
6
94
5
111
21
102
11
103
10
106
13
93
106 10
111 14
216 18 98
SWEEPSTAKES.
100
14
94 111
་ད 89
21
103 10 .116 18
Lieut. W. M. Thompson, R.E. Mr. J. Hastings.. Mr. F. Maitland
Captain J. M. S. Stewart, R.B Captain W. V. Ecoles, R.B. Mr. G. W. F. Playfair...
Mr. H. L. Dalrymple
Mr. F. Maitland
played between teams representing the Services On Thursday next, 4th July, a match will be
(Army and Navy) and the Civilians. One round of 18 holes will be played, commencing at 4.15 tive sides :--- p.m. The following will represent their respec-
Services.
Civilians.
05 Mr. J. Thorburn
Capt. W. V. Fccles, R.B. versus Mr. Gershom Stewart Lt. W. M. Thompson, R.E., Mr. H. L. Dalrymple Lt. L. Saunderson, R.B.
Mr. C. Palmer Commodore Boyes, R.N. Capt. A. G. Ferguson, R.B. Capt. J. M. S. Stewart, R.B. Mr. R. W. Toman, R.N.
"
Mr. E. A. Ram
"
Mr. C. Hawkins
"
Mr. A. S. Anton
stopes on the main lode is being steadily pushed Bukit Koman. The work of extending the on." The lode continues as large as ever and prospects continne about the same. The No. 1 south air shaft has broken through into the June 18th, says :-The British sealing schooner A Japanese press telegram dated Hakodate.
mines and giving us two more faces to open Kitagori, Aomori prefecture, has become a total stopes, thoroughly ventilating this part of the | Roise Olsen, which ran ashore of Oma.ne**
As we continue the stopes south wreck. Upon the receipt of this information the they are opening out remarkably well in the British Consulate staff here and Customs officials level we have only a small lode from 4 to 5 hastened to the scene of disaster, and ancceeded inches thick, while 20 feet above the lode is from in salving 627 seal skins, 11 boats, and other ship 10 to 15 feet wide, of average grade ore. The gear from the wreckage. While on the way to stopes going north also improve as we rise on port five boats were washed away.
outon.