OUR MINES.

Inangahua Times, Volume II, Issue II, 19 September 1881, Page 2

OUR MINES.

(FBOM OU3 MINING BEPOBTEB.) THE WEEK, Satubday, September 17. The sbaremarket has not been signally active during the past week, although a steady business has been done in one or two of tii& 'ripest mines, notably tfte Just-in»Time, wln'ch at last seems to have taken up a very secure position in public confidence, So far as the field goes as a whole, there is nothing of particular note to record, but from the number of mines now pushing on with prospecting work it will be no surprise to bear at any moment of something worth reporting. The loangabua Low Level is bsfig proceeded 'with at a fair rate of speed, but the character of the country pasjspd through during the last two or three days is not of the most promising nature, the stratification of the country running with the coqrse of the tunnel instead of ac.ross it, as it should do to raise the livelihood of striking a reef. This irregular and broken characteristic of the country to a great extent proves that the tunnel has not yet got into the solid hill, but as the flow of water at the face is hardly so heavy as it was in the beginning of the week, there is reason to believe that another week will bring about a change for the better. Tlie following are the reported returns 'for the past week :— JUSJ«IN..TIM t E, 312 izs amalgam, from 125 tons of stone (top plates,) GOLDEN TBEASUEE, sOoz 16dwt retorted gold. UNITED ALPINE (Lteil), 2720zs amalgam, from 204 tons of stone (top plates.)