of a ten per cent, dividend, and the carrying for ward to 1897 account of an amount of $4,000 in excess of the amount carried forward to 1896 account, certainly proves your Company to be in a sound condition; and I am pleased to say its present position and prospects are most satisfactory. I shall be glad to answer any questions in reference to the report and state ment of accounts now before you.
There were no questions and the CHAIRMAN moved the adoption of the report and accounts.
Mr. MITCHELL seconded. Carried.
THE HONGKONG WEEKLY PRESS AND
of smelted gold. This is the richest pocket yet found, although these pockets are characteristic of the mine.
. On the 18th of the month we met with an. other pocket, which gave us 8 ozs. of smelted gold. This will bring the average value of the stone now from this point to over ons ounce per ton.
Stopes at and above the 110 ft. are now com- municated with the leader stopes, giving us better ventilation. The stone here is of low grade, but will pay for working, and we have every chance of meeting with small pockets of Gobau.-The drive has been driven a dis- tance of 58 ft. from shaft, passing through small veins of quartz but no large body, and seeing The CHAIRMAN-That, I think, gentlemen, that we are only about 40 ft. below surface concludes the business of the meeting. Di-level I decided to suspend operations for the vidend warrants will be ready on Tuesday, present and to prepare for the erection of steam Monday being a Bank Holiday. I may say that pumps.
have received a telegram from the General Manager this morning informing me that he has recovered his health. (Applause.) I thank you, gentlemen, for your attendance.
The CHAIRMAN proposed the election of Mr. gold as we stope up.
Maitland as auditor. Mr. TERRY seconded. Carried.
THE PUNJOM MINING CO.,
LIMITED.
The Secretary of the Punjom Mining Co., Limited, advises us that he has received the following progress report on the work carried on at Punjom during the month of April:-
August Shaft-This is now in perfect order, having been thoroughly overhauled and close centred to the 200 feet level. The necessary alterations made to the pump and strong tim bers put in place to carry same.
Dam built to retain water in level and so keep shaft dry. Sinking was commenced on the 14th of the month, but with slow progress at first. No provision having been made for further sink- ing when the shaft was last sunk, we had to put in strong supports under our shaft limber. The ground seems more favourable for sink- ing below the 200 feet than we experienced in sinking from the 150 feet level down.
The work is carried on continuously from 12 p.m. Sunday night to 12 p.m. Saturday night. Sunk for the month 10 feet 6 inches; total depth 215 feet.
The new landing brace and overhead tram way is completed, enabling us to handle our rock from the shaft to better advantage.
North Shaft.-Not much progress has been made with this. The ground has been hard and difficult for blasting, but I think we are getting into a better channel of ground, but the water has increased a little.
We have had to suspend operations for a time to raise surface of shaft 4 feet to surface level of tram line to battery, and preparatory to erecting head gear for winding purposes, This with the engine should be finished by the 12th of May. Sunk for the month 12 feet; total depth 71 feet 6 inches.
Stopes to the West of New Shaft 200 feet Level-These have opened out to a large body of ore over 10 feet wide. It is highly mineralized and of average grade, but with the pockets of gold found in these stopes during the month, of four ounces and forty-eight Sunces respectively, will bring the average value of this stone to about an ounce to the ton, The lode is making down very strongly and specimen gold found at the deepest point.
We have sent yon a specimen of about 30 lbs. weight from this last pocket of forty-eight
The lode is well defined and appears to open out larger as depth is attained. The assay value of this lode is 3 dwts. 22 grs. to the ton.
Total drivage for the month at Jalis is 153 feet 6 inches.
Ore mined 434 tons.
Milling. This was carried on continuously for 29 days, crushing 434 tons from the mine for a yield of 171 ounces and 1,700 tons of headings for a yield of 212 ounces. Milling was again resumed on the 1st prox.
Calcining Works.-These worked full time. treating 50 tons of concentrates for a yield of
49 ounces.
Cyanide Works-We only received supplies of zinc to allow us to resume work on the 14th inst. This only allowed us 14 days' working, treating 360 tons for a yield of 102 ozs. 8 dwts,, valued at £1 10s. 10d. per ounce.
Total returns of gold for the month, 626 ozs. 12 dwts.
Cyanide bullion for the month 102 ozs. 8 dwts. Headings. We have very large reserves of these and tram lines are laid in various direc- tions for cheap handling of same. For last month it cost us an average of 18 cents per ton deli. yered at mill. I estimate the profit won from this to be over $5,000.
General. All roads, bridges, dam, water race. and everything under this head are in good repair and will be looked after, and we have a fair stock of firewood at the mines.
Health-The health of the camp remains
good.
Rainfall.-The total rainfall for the month is 57 inches.
THE EUREKA AND QUEEN MINES.
We have received from Messrs. John D. Hum.
phreys and Son, the General Managers, the following report on the Eureka and Queen Mines:
[May 29, 1897
RAUB GOLD.
The following is the Mining Manager's report' for the four weeks ending 6th May, 1897
Raub Hole Section. In the No. 2 level the main drive going south is now in over 400 ft. from cross-cut. We have not succeeded in cutting the main ore chute in this level, although far beyond where I expected to do so. We have got through the break, and have a small lode formation in the face of the drive, but it carries no gold. It is evident that the cross-course has either thrown the chute of ore further south or cut it off: further exploration can alone détermine this. I intend to continue this drive a little further, and if I do not ont the ore chate will stop it until the stopes are up to the face.
In the stopes coming in over this level from the No. 2 winze the lode in the leading stope is 8 in. wide and shows a little gold in the second stope. The lode is about 12 in, wide, and shows better ore. This stope is getting fairly into the ore body, and will improve as we get further into it. From this up to the intermediate drive the ore is all of high grade.
We are still getting a little gold from the stopes above the intermediate drive, but these stopes are almost worked out.
In the main level going north on the course of the lode there is no change; the ground is black slate and is beginning to make a little water. This drive is now in over 200 ft. from the cross-cut.
There is no change in the cross-cut going west; the ground is still hard black slate, and making a good deal of water. This drive is now in 207 ft. from the shaft.
is
Bukit Koman Section: No. 1 Level.-In the face of the main drive going north we are taking about 9 ft. of the lode and leaving the remainder standing. What width it is I cannot say. Further back in the level we are taking it out from 25 ft, to 46 ft. wide, the whole of which is being sent to the mill for crushing. Very good gold can be seen in the ore in breaking. No stoping is being done over the back of this level. In the face of the main level going south the lode is not 80 solid as it was, and bas & good deal of mullock through it.
The lode is about 14ft. wide, and shows very fair gold all through. In the leading stope coming in over this level the lode is solid and well defined, 16 ft. wide, and carries very good gold all through. From the No. 2 air shaft to the face of level is between 400 ft. and 500 ft. long by about 200 ft.; the only work done in this block is taking in the leading stope being worked between the No. 1 and No. 2 for the purpose of ventilation. Two stopes are
air shafts. Both of these stopes carry very
good gold, the lode being from 5 ft. to 11 ft. wide. The top stope is just up to the bottom of the old native workings, about 75 ft. from the surface; they have only partly worked the lode to this depth, having left about 8 ft. of the lode standing. It has evidently been too hard for them to work with their appliances. In the No. 2 level there is an improvement in both! faces.
In the drive going north the lode has widened out to fully 10 ft. and shows fair gold.
OLIVERS FREEHOLD MINES, LIMITED.
Mount Macdonald, 30th April, 1897, Eureka Mine--Since last report, the drives at the two levels have been pushed ahead as fast as possible, with encouraging prospects. At the 200 ft. level the North drive has been extended to a total distance of 54 ft. on the
In the face going south the mullock on the reef, which is 5 ft. wide and shows fair gold. In the South drive we are now in 37 feet, with footwall side of the lode is cutting out and the reef 5 feet wide, and of same quality as per quartz taking its place.. I expect in a few feet last report. We have also taken a stope from the back of the drive, for a distance of 20 feet, more the mullock will have completely cut out; to make room for timber, 5 pieces having we shall then have a solid lode 12 ft. wide in
the face carrying fair gold, length of the two drives is now 91 feet already been placed in position. The total The distance between the two faces is now on the reef, and the workings and reef are all that could be desired. At the 150 feet level the winze is down 24 feet on the reef, which shows very good gold throughout. When this winze is completed, connecting the two levels, we will be in a position to greatly increase our to the stope to give us better means for work-output of stone, and, judging from the appear
ance of the reef here, with satisfactory results. The rise is now up 23 feet, but there is no change to report since last. We will be cleaning up over 150 tons of stone to-morrow at the battery and expect a yield equal to the last, if not better..
ounces.
Stopes on the East and West Lode of 200 feet. This only gives us a small quantity of average stone. We expect this to improve, however, as we stope up. We are preparing to pat a new winze from the 150 feet level down
ing same,
Intermediate Level. The ground is hard here and only slow progress is made with this. The lede is pinched at present, but is changing in sppearance and should soon connect with the same run of stone as in our west stopes 200 feet level.
Intermediate Stopes.-The bulk of this stone is only of average grade, but on the 12th of the month we struck a rich pocket of ore of about 2 orts, of stone which gave us 13 ozs.
There is very little baling of water required now, just enough to keep the engine dam going Machinery, &c., is in first class order.
p. pro JOHN D, HUMPHREYS & SON
C. J. WILLMOTT.
about 250 ft., showing payable gold the whole
distance.
The winze being sunk to connect the No. 1 and 2 levels is now down 34 ft. below the No. 1
way down. level and shows good gold all the
The section has supplied over 90 per cent. of the crushing stuff sent to the mill during the past two months,
Bukit Jalis Section.--The drive going south on the course of the lode is now in 118 feet from the cross-cut. Some very fair prospects have been got in driving this level. The lode is a good deal disturbed and broken and is now about a foot wide in the face. I have stopped this drive for the present and started to cross- cut east and west from the end of the drivő, ás” I think there are other bodies of ore outside. what we are driving on. We want to get
No comments yet.
Private notes are available after approval.