Pacific Mining
p. 70 · Read in the full issue
Reports
From Fiji
East Reefs Consolidated N.L.
PROSPECTING licences for an additional 250 acres on the eastern boundary ol the pro perty at Fiji have been granted to East Reefs Consolidated N.L. The directors have allotted for cash 500 shares paid to £3 a share.
The following is the last report received by mail; —Prospecting being confined to channel of blue andesite 200 ft. wide, running approximately 35-38 deg. N.E. and S.W. Between No. 1 and No. 2 tunnels encouraging surface prospects obtained in 14 out of 18 dishes. Will be tested by No. 2 tunnel at approximately 200 ft. from entrance. No.
2 tunnel clear of slide. In settled blue rock.
Looking for continuation of this channel, a track was cut N.W. from No. 3 tunnel. Good prospect was found some 25ft. from entrance of No. 3.
Another at 280 ft. At top of ridge 617 ft., about 230 ft. vertical, above No. 3, most encouraging dish prospect secured. Trench here uncovered decomposed capping of lode material. No. 4 tunnel being driven to test this at approximately 100 ft.
Height of this capping above No. 3 is 300 ft. Be tween Nos. 1 and 2 tunnels at 200 ft. from No. 2, formation met in trench 12ft. deep. As slope is steep here, a tunnel. No. 5, will be driven. Dis tance to crown of hill, 220 ft. This tunnel will be driven S. 38 deg. W. in lode material. At request of mine manager, who states he has sufficient work to keep an assayer busy five days a week, arrangements are being made to send a competent man.
Loloma (Fiji) G.M. N.L.
The directors of Loloma (Fiji) Gold Mines N.L. have received advice from the company’s solicitor in Fiji that the Governor has approved of the issue of two leases covering the whole of the area comprised in the prospecting licence acquired by the company. Application is now being made to consolidate both leases.
High values were reported on December 19 at Tavua, in the branch drive off the crosscut at 195 feet in the adit. A progress report is as follows: Adit to 198 ft. Last sft. averaged 2)4 dwt. a ton.
Xcut at 195 ft. into hanging wall to 19ft. Average value, first sft., 11 dwt. a ton. Branch drive in xcut, at 18ft., to 33ft. Last 20ft., average assay, 13 oz. 6 dwt. a ton. Main shaft: Timbering com pleted to plat. Xcut commenced, towards lode, in 15ft. No. 1 shaft sunk 78ft. on hanging wall. Last 14ft. averaged 4)4 dwt. a ton. No. 2 shaft sunk 80ft. Last sft. averaged 5)4 dwt. a ton. No. 3 shaft sunk 86ft. Last 13ft. averaged 2 oz. 3 dwt. a ton.
Emperor Mines Ltd.
Values being proved by the Emperor Mines Ltd., Tavua, Fiji, in continuing developmental work con tinue satisfactory. The following progress report was received in January:—No. 1 xcut: W. winze sunk 37ft. Average assay value, 20 dwt. a ton.
E. winze sunk 36ft. Average assay value, 4 dwt. a ton. No. 8 xcut: E. winze sunk 28ft. Average assay value 4 dwt. a ton. No. 10 xcut: W. winze sunk 32ft. Average assay value, 25)4 dwt. a ton.
Granites Development N.L.
Cabled advice has been received in Melbourne from Suva, Fiji, by the management of Granites Development N.L. that the company’s prospector has brought in samples of ore yielding 19 dwt. of gold a ton, together with high contents of silver and copper. The field superintendent has been instructed to check up on and sample this new find, and his report will be available shortly.
It is understood the company has under considera tion the acquiring of an option over another gold mining property.
Aloha Alluvials N.L.
Directors of Aloha Alluvials N.L. have returned to shareholders the balance of the unexpended
funds, representing a final distribution of 13/9 a share. The total funds available for distribution were £BB5O. An amount of £3 a share had already been paid, making a total distribution of £3/13/9 in respect of each £5 contributing share. As the whole of the assets have been distributed the existence of the company is automatically ter minated. Aloha Alluvials was an offshoot of the spectacular Aloha Company (Fiji), and on June 17 last the shares, which had been as high as £l7, collapsed from £9/10/- to £2/10/- in a few minutes, following the rejection of the area by Mr. E. T. Lewis.
Tavua Gold Developments Ltd.
Official quotation has been granted by the Stock Exchange of Melbourne to 280,000 shares of 5/each, fully paid, in the Tavua Gold Developments Ltd., operating at Viti Levu, Tavua, Fiji.
The company advises that the report for the week ending January 4 was: —No. 5 bore on P.L. 209 now down 710 ft. in country rock; No. 3 drill No. 2 bore now 25ft. Erecting drill on P.L. 222.
The face of No. 5 tunnel assays 2dwt.
Aloha Central G.M. N.L.
The following report was received in Melbourne by Aloha Central Gold Mines N.L. on January B:—Tavua, Fiji, 7th.—No work across creek, labour shortage. No. 1A shaft; E. xcut to 6ft. Lode 3ft.
Traces. S. drive to Bft. Face 26 dwt. No. 17 E. shaft, lode 3ft., value 6 dwt. Nos. 9E, HE and 2W still lode. Values, 6 dwt., 16 dwt. and 8 dwt. respectively. No. 3 bore to 169 ft. From 51 to 53 ft., 1 dwt. 12 gr. Traces to 125 ft. From 125 to 130 ft., 18 gr. Here shows lift, lode untested.
Beyond 136 ft., slow progress, owing to core jam ming, causing frequent withdrawals and breakage of pump. Now remedied. —J. Rowe, mine manager.