About l8 years ago, Mr. Kong Meng, the well-known Chinese merchant, of Melbourne, held possession of the ground immediately north of the township of Majorca, and by the aid of his country men sunk a shaft several hundred feet south of the No 1 or main shaft shown on the plan above. Here, though the lead was shallow, the water was heavy, and after working several years with small pumping machinery, the mine was abandoned. Other ventures, not in the immediate neighbourhood, but around Carisbrook, were floated, and either worked with indifferent success or entirely collapsed. Seven years ago, Mr. E Morey, of Ballarat, took up the ground, and with the assistance of some of the Maryborough speculators formed a companv, which they registered as the New Kong Meng, in 20,000 shares The main shaft was sunk to a depth of 227ft, and powerful pumping machinery erected. They first drove out east to the narrow run shown above (not out to that still further east), put up a rise and lost it, a second went up with difficulty, but the wash was so poor that it scarcely paid expenses Then they, drove south to the old Kong Meng workings-not shown on the sketch-with no better result. Driving was started west, and the Robin Hood gutter, which is 50ft higher than the main stream, worked both north and south. occasionally they came across payable runs through the lead, but when the whole width waa taken out the balance was on the debit side. In 1882, with an indebtedness of between £2,000 and £3,000, and no brighter prospects in any of the drives, the then manager reported to the shareholders that, in his opinion, it was inadvisable to continue operations below any longer ; that a large amount of prospecting had been carried out in every direction where there was reasonable hopes of success without anything payable being discovered, and, in fact, that the company should be wound up Mr. B J Fink, who was then a large holder in the mine, urged that work should be carried on until the next half yearly meeting, and after a hard fight; to prevent the company being wound up, the resolution was adopted to leave the future working of the mine to the board of directors. Three years and a half ago Mr J Williams, the present manager, took charge, and started to block back on the main lead towards the shaft. Here it averaged 40ft. in width, and when the whole strip from No 2 rise was put through the returns just covered expenses. At No 3 there was a rich patch, which raised the hopes of shareholders by paying a small dividend. Then 12 months elapsed before a second could be obtained, owing to the heavy water and the wash spreading out From No 3 rise to No 6, as shown above, the gutter averaged 60ft. in width. At No. 6 the Robin Hood gutter (here worked on tribute) junctioned with the main lead. The former was 200ft. wide at this rise, and the latter had spread out from 60ft to 150ft. At this time the main reef drive was 2,250ft from the shaft, and the country very hard to work On an average only 15ft a week were driven. When No, 5 rise went up the manager reported the gutter split up, not so rich as at No 3, but better than No 4. From No 6 the returns began to improve, and the £3,000 that the company was in debt was paid from this block. Six months later the No 7 rise went up into payable wash, improving as it went north from this point the turn came for the mine; it has gradually increased its returns until regular dividends are assured. At No 7 the wash was steadily increasing in width, the main channel being 200ft, and the Robin Hood, which was still on high ground, 220ft A little over 12 months ago the return for the half) year was 6,000oz. of gold, representing nearly £24,000. The balance of the overdraft was liquidated, and 4s. 6d per share divided. The principal portion of this gold came from Nos. 7 and 8 out on the reef and Nos. 6 and 7 in the deep ground By this time No 8 rise had been put up, and here the reef wash made much narrower, while the deep ground widened out considerably The quality of the dirt also increased From No 8 the main reef drive was turned from due north to 10 degrees east, and the length was just upon 3,500ft from the main shaft.