RESULT COMPANY.

Inangahua Times, Volume VIII, Issue 1292, 2 July 1883, Page 2

RESULT COMPANY.

.The ha^f-yeo^ly meeting. of share-' holders 'was -helik at Mr : Bowfnarfs office, on Friday -evening 29th June, 1888, when the report and balancesheet were submitted read, and adopted. The following -were -elected directors ,for T the months. Messra Kater, Colfingst Thorburn, Alexander,' and Roulston^ and Mr Falbr, auditor. Tbe report showed that during tbe pe^t ' baiiF-y6af Operations were confined to th©. No^,, B level which was carried south 120 ft, n^aking fhe total length drive_'_7Sft'from the chamber. A well defiped^. track of th^e reef is now being followed, ph a course more in accordance, with^the courso of the reef, worked by the. .old Victory Company' on &c same levels, The indicatio.nsin. the face lately ar«eAcouragibg. 7 Should payable * quarts ( *be : met with in the* neighbourhood bf-'tfepresent workings tie. 7^ lequu-e---but little" extengion" 'to^iap tho lode" .200 ft, below; /wi^hcWo^idl make theniino permanently/ productive, and a valuable proper^ ..JPhe directors re--4 .pr^spe^feing..o'n tbe \ No. 3 level to the- south, fl»t_»^untiyj in that direction. is be-Uev-ed to be more regular* _&_ anssitThe fact siat . tbj^ Gol-en" fleece ExtendedJ^mpanj* (which, adjoins;, on the south j>.is abouAvtoistar^ prospecting with a^diamond' drills will if successful greatly inhaiice^Me.'; valtie^ of the Result property.' 'fee mine manager is of Opinion that tbfi level ihohld be continued., another^ 50^.. pr./iOOft,; as the present indications the . face are of a very favourable character. r !f';;';YWMJI aW^H- ' ,- * "■