The Cornish party (Messrs Varcoe, Kitto, and others), whose sluicing claim is Bitnated towards the head of Muoros Gaily, intend to l wash Tip shortly, and are hopeful of good re* I suits. For several months past, they h»ve 1 been steadily at work, and, having a plentiful \ supply of water at command, hare passed an enormous quantity of stuff through their boxes. The party, numbering six. have been at work in Munros Gully since 1870, and during that time have met with varying success, although on no occasion have they had cause to grumble with their returns. Their water-race, which takes its rise at the head of the Tuapeka River, carries 12 registered sluice-heads, and was constructed several years ago at a cost of £2000. The party deserve to be richly re warded for the pluck and enterprise they have displayed in the past. A letter has been received from Mr Ballad, tine (manager of the Oamara Woollen Corn* pany), who is at present in the Home Country, giving some information of an interesting and encouraging kind to Mr Sumpter, of Oamara,' the Secretary of the Woollen Company. Mr Ballantine forwards with his letter duplicates of the factory plans, which show buildings for ' a mill of twelve sets of carding engines, with spinning to match, and which, wood in full operation, would employ about 100 power looms, turning out from 15,000 yds to 20,000 yds of narrow cloth per week. The machinery was to have left the Clyde on September 27th, by the Nelson, with which operatives, with their families, equal to 15J adults, were also to sail. Mr Ballantine was to leave by th* s.a. Potosi on the sth of October, and expects to be ■ in Oamara at the end of November. Mrßal antine's brothers intend to take shares in the Company, and it is expected that this new en terprise will be a thorough success and a soured of profit to the shareholders. ■ A Oob Waipori correspondent forwarded the following items of mining news yesterday:— The Undaunted Company intend to rnmm|jsjfn ' crushing operations on Thursday. They have about 120 tons of stone to grass. The mine is now looking splendidly.— The Victory Com pany will shortly open from their main shaft. 