CARRICK RANGE QUAETZ REEFS.

Cromwell Argus, Volume III, Issue 130, 7 May 1872, Page 5

CARRICK RANGE QUAETZ REEFS.

—0 Star op the East.— This company completed a crushing of 135 tons on Tuesday last, and obtained 119 ozs. 17 dwts. of gold,—the average per ton being about 17 dwts. It may interest those connected with reefing on the Range, and especially shareholders in the Star of the East, to know that the crushing above mentioned was taken from a portion of the reef that varies in thickness from 18 to 22 feet. The fact that two leaders join the lode at this spot accounts for its great width. The claim has been put into first-rate working order by Mr S. Williams, to whom great credit is due ; and it may still further interest the public to know the company have from 8000 to 10,000 tons of stone in sight. Elizabeth.— After about four weeks’ run, during which 109 tons of stone were crushed at the company’s own battery, a cleaning up took place on Saturday last. The yield of gold from the quantity of stuff above mentioned was 70 ozs. This was quite up to the manager’s expectation, as a quantity of poor stone had to be put through to get the mine into working order. We believe the company have decided not to crush any more material from the claim until the main shaft shall have been connected with the tunnel. This work is being rapidly proceeded with, and will when finished enable the company to work the mine in a systematic and economical manner.—At a meeting of the shareholders held on Saturday night, it was re solved to call up capital to the amount of L.400 by ordering the payment of Gs. upon each L.5 share. Heart of Oak. —This company will clean up about the date of our next issue, and there is reason to believe the crushing will yield about the usual dividend. It appears to be the fashion to speak disparagingly of this claim, but the dividends tell a different tale. The mine looks as well as ever, and every ton of stone taken out reveals more fully the quantity in sight. Duke of Cumberland, Rob Roy, and Welcome. —There is nothing of importance to note regarding these claims, beyond the fact that the work of sinking shafts in each goes on steadily. Colleen Bawn. —A shaft intended to strike the underlay of the leader at about fifty feet i deep, has been started in this claim. All Nations. —This reef is being tested i by a crushing of twentv tons at the Standard | Company’s battery. We sincerely hope that) it will prove payable, as, being in a new por- i tion of the range (Paddy’s Gully), it may j lead to further discoveries. The Robert Burns Company purpose to crush fifty tons at the Standard battery this week; and the John Bull Company will I also have a crushing shortly. The Nil Ues- j perandum Company still keep grassing stone i slowly; while the Golden Gate Company! have only managed to drive some four feet | through their hard, wet rock, during the last i three weeks.