MURRAY CREEK.

Inangahua Times, Volume II, Issue II, 23 May 1881, Page 2

MURRAY CREEK.

GOLDEN TREASURE. Good progress has been made with the sinking of the winze this week, and the depth is now 90 feet from the chamber. The management have considered it judicious not to sink any deeper with present sppliances, and it has been de« cided to open oat north, and south at this point. About 120 tons of stone have been raised since the sinking was re* sumed, the reef of an average good size haviug beep followed throughout, till

within the last ten feet or so, when the reef, which lately had been gradually increasing, reached the width of 10 feet, and is now of the same dimensions under foot, as near as can be ascertained, the banging wall not having been touched. As the stone appears of fair quality now. and as no reason exists for any material depreciation in the present good prospects of the mine, it may confidently be hoped that the venture will soon take a respectable position among our dividend paying companies. The machinery and plant having received the necessary overhaul and repairs, the full power of the mill was on last Wednesday turned oa to the stone from the winze. It is intended to run this through by 'itself, as a test-of the vertical value of the reef, and a cleaning up will take place at the end of the week. Tn the meantime the stone which will be obtained north and south from tbe winze will also be kept separate, so that the correct~*value of tbe various parts of the mine will be based on re* suits thus obtained. GOLDEN FLEECE EXrENDED: The osual weekly scraping up of top .pWsjtook place on- SatardajHast, with the following rtiult :— 145 ozi of amalgam, from 135 tons of stone. Tbe winze holed throngb'to tbe bottom level during the week, but it will take a few days to make everything ready to get out stone.