West Australian (Perth, WA : 1879 - 1954), Monday 15 January 1894, page 3


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11 MINING INTELLIGENCE.

-THE STOCK' EXCHANGE OF PERTH,

'The following are Saturday's quotations :-. - -Gold. Blackborne (pro.), sellers 4s-, buyers

4d. ; do. (con.), sellers 6d. ; Central, sellers 10s. ; Fraser's, buyers 4s. 11d. ; Fraser's South (pro-), buyers 2s. 6d. deacon.), sellers 2s. 6d., buyers 2s. 3d.; Hope's Hill Amal (pro), e Hers lid.; Caledonian Issue con.), sent here lOd. ; Murchison Consolidated (pro.), celery Is. 3d.; No. 1 Central Extended, buyers Is. 4d. ; Nannine (pro.), sellers 3s. 6d., buyers 2s. 3d. ; Waterhall (sen.), rollers 6d. ; West Australian, buyers Id. ; Star of the East (pro.), sellers 16s., buyers 13s 6d. ; do. (con.), buyers lie. Investment Stocks.Swan Soap and Candle, sellers 13s.

PERTH STOCK EXCHANGE, LIMITED.

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Mr. John Neil, secretary of the Perth Stock Exchange, Limited, reports under Saturday's date: As usual at the close of the week buyers hold aloof from the market, dealers preferring to go home with an even book. The lead, however, continues to be taken by Star of East pro. which closed as good as 13s. 6d. buyers, the leading operator is confidently talking them up to 20s, and in some quarters as high figures as 30a. being indulged in. There is, however, a growing feeling that the policy of accumulating funds until they can

pay (2s per share dividend is unsound. Te I to pay 2s. per share will take eight thousand to pound, whereas if he. was attributed it would naturally silt back into the market. Centrals look sick, one or two parcels knocking around art figures under 9a. Holders must be needy when forced to sell at the Fraser's and No. 1 Central Extended maintain a '"firm front, with a decided no reason to bay up in blocks. Fraser's South are enquired for at 2s. 6d. for

a fair parcel a. shade more might be ob- Lnti tuned. Murchison Consolidated keep very ral firm at Is. buyers, they being looked away on all the part of small investors. Were it not for I" the fear of shortness of working capital these I an shares would be nearer 2s. than the present A~ leveL The supply of Nanmue's has very suddenly dried up, there not now being a seller even at 2s. 6d. Locals remain firm, likewise silver. A fractional parcel of Commercial Bank preference was soon at ¿65'10»., leaving off firm buyers at this. W A. Trustee, Executor & Agency remain flat, sellers being in the majority. Judging; from pointers on all sides, toe syndicate of Kure have evidently assembled on the bear tack, and they are now as optimistic as they have hitherto been pessimistic'. It is idle to attempt acting upon ; each a market, especially in the face of easier money. Closing prices c-Blackborne's (pro.), . buyers, 8d., sellers 2s.; do. (con.) buyers

3d., sellers 6d ; Central, buyers 8s., s<l. less 10s ; Fraser's, buyers 4s 3d., sellers 4s. 93. ; do. South (pro.), buyers 3s, sellers 3s 6d ; do (con.), buyers 2s. 6d, sellers 3s.; Hope's Hill Amal. (pro.), buyers 8d , sellers 10d.; do (con.), buyers 2s., sellers 2s. 3d ; do. Caledonian Issue (con.) buyers 63. sellers 10d.; Murchison Com. (pro), buyers Is., sellers 4s. 6d ; do. (con.), buyers 3/1 , sellers 69.; No. 1 Central Extended, buyers 6s. 3d., sellers Is. 6d; Mount Hall (pro.), buyers 4d., sellers 3d. ; Nannine (pro ), buyers 2s. 4d., sellers 2s. 8d.; do. (con.), buyers 2s. 6d, sil-lers 2s ; New Chum, Is. p and, buyers 55.. Bel-len 10s. ; Waterhall (pro), buyers and., sellers la.; do. (con.), buyers Id., boilers 3d.; Star of East (pro.), buyers 13s., sellers 10s. do. (con.), buyers Ila., sellers 12s. ; Fremantle Gas, buyers 18s, sellers 20s. ; Perth Gas, buyer s 22s. 6d y sellers 24s 6d. ; Perth Ice, buyers 12s., sellers 14s. ; Stanley Brewery (pro.), buyers 23s, sellers 25s. ; do. (con.), buyers 22s., sellers 24s. ; Swan Brewery, buyers 3s. 6d., sellers 4s ; Swan Soap and Candia, buyers 11s. 6d, seller 12s. 6d.; W.A. Trustee, Executor and Agency, buyers 7s. 6d., sellers 7s. 9d. ; Commercial Bank, Prefer., buyers 5 10s,, sellers £6 10s. ; West Australian Bank, buyers £20 10s., tellers

£21 10s.

THE YILGARN GOLDFIELD.

THE REPORTED DISCOVERY AT

MOUNT JACKSON.

The following telegrams have been received by the Minister for Mines from the Mining Raßitetrar at Southern Cross, under date January show James Speakman registered a protection area 300 by 300 near Mount Jackson. No particulars were given. He merely stated that a few good specimens had been pojtij^^h&^ojind was worth a further trial." On*J«T>usry 12 : William Hall, a prospector, has ius"<m»de an application for a protection area situated about 800 yards west of Speak monia near Mount Jackson. He has applied for 150 j yards square He is showed me about 6 dwts. oz 7 dwts. of fairly coarse gold which he crushed in a jam tin -out of a few pounds weight or stone All the show at present is on the surface, but be remine to-day to sink deep. He reports a soak with abundance of water about 12 miles away from this and also states that Speakman's area ' contains a very good reef, likely to go 3 oz. or 4 oz to the ton. The line of reef in his own area has been i raced for upwards of four miles in a northerly direction. He is very sanguine and promises further information within a fortnight's Mount Jackson is about sixty miles north, of Southern Cross and was visited and reported upon by A. C. Gregory in 1846.

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SOUTHERN CROSS NEWS.

THE MOUNT JACKSON FIND.

A. PROSPECTING ARE TAKEN UP.

[BY TBUWEAra-.] , (FROST OCB CoRB»sroNBETsr.)

SOUTHERN CROSS, January 14.

A man named Hall has taken up a pro«peatmg-arsft at Mount Jackson, adjoining Speakman and Ryan's. There is not sufficient confidence in the first to establish a rush, but one or two parties started for the Bet he last

night to inspect it

Mr. Brockman, of the Coolgardie Company,

in here on his way down.

THE DUNDAS GOLDFIELD.

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REPORT BY THE GOVERNMENT

GEOLOGIST.

The Government Geologist, Mr. H. P. Woodward, has made the following report upon the Dundas Goldfielders" Dundas goldfield, proclaimed August 1893. Area, about 1,000 square miles History This goldfield was, discovered a few years ago, by Mr. Moir of Fanny's Cove, who whilst engaged in se trotting for cou try, f and a few colours of gold in the alluvium. In 1892 he organised a pany with Mr. Street but they were not successful in finding gold in payable , _ quantities, so left the field. About the same

time, two or three other parties have started to prospect the hills, amongst which were Messrs. May BOB and Kirkpatrick, who were jBO fortunate as to discover the outcrop of a very rich reef, worth. I hey called the " May Bell This at covery was quickly followed by that of Messrs Bromley, Mason and Dejsilais, who also found a rich outcrop, -which they called the 'Great Dundas," whilst Messrs. Brodie, Kirtley and Devine, also discovered the outcrop of two rich reefs,

which they used the * Section During the year 1893, the in prospectors have been engaged in opening up these reefs, but very little other prospecting has been done, as all the diggers who visited this field were naturally attracted aways North-to Coolgardie,

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where such a large quantity of alluvial gold I w. was being found. Claims.-- l

THE MAY BELL.

(Mawson and Kirkpatrick) This reef is about three miles North of the main camp at the Dundas Soak (Nookannia) and it was here that the first payable stone was found in 1892. The reef is well defined at its stores at the Southern end of the area running Herta up to the Hill, where it can still be traced at the surface, although smaller in size. It has been opened by two shafts and several small holes, from all of which good gold-bearing stone was obtained. The main shaft at the south end of the chain is 40ft. in depth, showing a wide defined reef 4ft. in width carrying gold all the way down. It underlies slightly to the west and shows all the characters of a true fissure vein. Fine gold is carried all through the stone, besides which there are very rich patches, but in those also the gold is in the solid stone. A few chains north of this shaft is another which is down about 10ft. in which there is a very solid body of stone about 5ft in width having if anything even a better definition than in the main shaft. There are also several spur veins or leaders striking off from the main lode, which also carry gold. This lode is a Vue fissure vein and all the indications point to its continuing as rich or becoming richer in depth. The country is hornblende and mica schists a good deal broken at the surface ; hub: it will rapidly get solid in depth, when very

little timber will be required. The water Wei will be about 200ft and it will most probably, Ve salt, but not so salt as near the lake, therefore in erecting machinery it will be better to sink a main working shaft on the' mine itself and raise the water by pumps rather than cart the stone down to the lake,! also the natural features near the mine offer great facilities for economic working. There are several well defined deep gullies in which dams could be made and thus a considerable quantity of fresh water conserved. Although not so phenomenally rich like Bayley's this mine is as promising as anything in the colony, and considering its position being only 100 miles from the coast the abundance of salt water and large rainfall and quantity of timber on the ground, it should be cheaply

and successfully worked.

THE MAY BELL NORTH.

(Elliott, Gorman and Henricksen). The area is situated immediately to the north of the May Bell and upon the same line of reef. The reef is still at its outcrop when opened but yields prospects of fine gold The pros-pectors are engaged in driving a tunnel into the hill to cut the reef at a lower level, but have not yet driven far enough to out it. This claim has the great advantage of being cheaply tested by adits as the steep face of the hill approaches very close to the reef. Water can also be easily conserved here as well as on the May Bell. This prospecting should

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THE MEAT BILL Sourfci W

(Challand, Hopper, Purches and Burning). This area is situated immediately to the south of the May Ball and a shaft and several trenches have been put down, but the reef has not yet been struck, this is probably due to a break in the country which has thrown the reef out of its coarse a little farther,

prospecting will be therefore needed, but as

the reef is a true fissure and well defined close to the southern boundary of the May Ball it will be almost certain to be found in

this claim.

TH>,GBXAT DUNDAS. '

(Bromley, Mason, Dejardin and Blake). This reef is situated about' li miles north eastward of the Dundas South, and about 11 miles south of the May Bell. It is a large lode mass on the west or hanging wall side of a large ironstone vein which rises about 50ft. above the level of the lake. This lode runs north and south with the country and can be traced for a, considerable distance at the surface, but its size is not known yet as it has not been cross-cut from wall to wall. The rocks to the westward of the lode are hornblendic schists, whilst to the eastward of the ironstone lode they are mica schists and granite, and some dykes of the latter cross the lode. A shaft has been sunk 45ft. on the lode mass, the stone being very rich in the shaft for the first 15ft., after which the shoot was lost, dipping to the south, but was again cut by a drive at the bottom of the shaft, from which some very good stone has been obtained. The cap has been opened in many places, from all of which good prospects have been obtained upon crushing. A large supply of salt water will be struck at a depth of about 60ft. below which the rock will be found to be solid, requiring but little timber. The lode is a true fissure vein of great size and will probably prove to carry gold all through it when tested. The great size of the lode, richness of the stone, and distance at the surface it has proved to carry gold all point to this as a very rich property. There will be abundance of water in the mine for crushing, and there is plenty of timber on the spot; Fresh water may also be conserved by constructing a large reservoir on the gully flat to the westward, near the shaft.

THE NOB. 1 ANS 2 GREAT SOUTH DuvpAS.

Two leases of 40 acres each have been applied for month of the Great Dundas, but the lode has not been struck upon either of them up to the present, as it has been thrown out of its course by a granite dyke. The ironstone lode to the eastward of the lode was struck in a shaft, however, so it will take very little more prospecting to get the lode, as they now know where to sink. These areas are well worth prospecting, as the Great Dundas reef is rich where it sinks below the flat at the south end of the Great Dundas area, and all the shoots are dipping also in this direction.

THE FLORENCE ADA.

(Keyser). This area is north of the Great Dundas, but the lode has not yet been struck. However, a, formation is forming in the shaft, which the prospectors intend to follow down, which it is certainly worth

doing.

THIS SCOTIA.

(Brodie, Kirtley & Devine). This area is situated about six miles south of the main camp and three miles south of the three-mile rock, sometimes called Mount Deans. On it there are two parallel lines of reef, both of which carry fine gold all through the stone. There are two sons s and several holes on these reefs, from all of which good prospects can be obtained, although the sold is rarely visible to the naked eye. The reef to the eastward has been tested by two shafts, one at the north and one at the south end of the area, to a depth of about 30ft. The reef is solid and well formed, consisting of solid shot? from 25ft., and about 3ft. of rubble between good walls. in the northern shaft it is cut by a granite dyke at a depth of 25ft. but the reef is not displaced or disturbed in any way by it In the southern shaft the lode mass from wall to wall is about 6ft. in width and has much the same character as at the northern end. The second reef has only been opened at the cap as yet, but to judge from the prospects obtained from it, it should be

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7, 'still... it, fr /",.., 5.6. ev". i -BmtmaàSr-BamÉMKa. reefs are the measure veins, the country being hornblende schist rather heady near the turf ace, but will get solid in depth, and require little timber. Salt water will be struck at about 120ft., but will probably be much fresher than the water near the knee. There is a very good site for a battery near the south-east corner of the area, and fresh water can easily be conserved by daming the deep gu lies, and there is plenty of

timber on the ground. Although the stone from these reefs is not to showy as that from the northern rivers, it will probably be found to yield as food returns open crushing.

No. 1 SOUTH SCOTIA, A

(J. E. Angove). This area is situated on the south boundary berthe last mentioned, and both thelèess have been found upon it presenting the same appearance and yielding good prospects of fine gold. The reefs do not outcrop at the surface, so considerable time was spent in finding them after which the prospector had to discontinue work, as he could not follow them down by himself any deeper, and no labour was to be obtained on the field. This is a very promis-ing area, and is the only one, so far, upon which a line of reef has been traced beyond the prospector's area and found to be rich in gold. Several other gold bearing reefs have been discovered, but the gold was either lost in sinking or they proved to be only gash veins and pinched out. There are very few well defined outcrops of auriferous reefs on the field, and when they do come to the Bur-data it is for a comparatively short distance, and can be as a rule taken into one area of 25 aeret,outeide which they dip below the surface. This necessarily makes prospecting difficult, and as the prospectors who have visited this field and stayed a few days have been unable at once 'to find gold bearing stone at the surface, they had left for the Northern fields.

These reefs are true fissure veins and will be found to carry gold both in length and depth,

therefore they are well worth looking for outside the areas on which they outcrop, and with a little perseverance there is no reason why this search should not be rewarded as it was in the case of the prospector of the No. 1 South Scotia. There seems very little prospect of this field proving rich in alluvial gold, as comparatively little denudation has taken place of the auriferous reef crops which so rarely rise above the surface, but there is every promise of it becoming both a rich and permanent reefing field.

MINING IN THE NORTHERN

TERRITORY.

[BY TELEGRAPH.]

(FBOM OUR CORRESPONDENT.)

PORT DARWIN, January 13.

A precious stone has been found at Cullen, a few miles from Pine Creek, by a man named Richardson, who was prospecting for gold. It is pronounced to be a diamond of fair quality.

A crushing of 30 tons from Ah Ching and Phillip's claim at Pine Creek, has yielded 10oz. of gold to the ton.

[BY TELEGRAPH.]

[FROM our CORRESPONDENT.]

states ADELAIDE,

January 13.

-'TEe"sha>re"niaíkeÉ sales to-day included Lindsay's, £13 10s.; Lefroy, a £6 17s, 6d. ; Croesus, 6s. 9d. ; Fortune of War.d. Lake View, 2s. ; Murchison Consolidated (con.), 4d,

ADELAIDE MINING QUOTATIONS.

CRUSHING OF STONE FROM DUNDAS

HILLS. ;'

NINE OUNCES TO THE TON,

(BY TELEGRAPH)

fFsoH OUR CORRESPONDENT.)

ALBANY, January 14.

Several hundredweight of stone from Brady's claim at Dundas Hills has been crushed at Melbourne, and has given a return of nine ounces to the ton.