THE Talisman mine is situated on the Waitawheta (pronounced Wytaffetta) river just above its junction with the Ohinemuri pronounced Ohinnemurre) river near Karangahake, N.Z. The explored reef-bearing portion of the claim includes the angle formed by the junction of the rivers and extends southwards for slightly over a mile (See Plate V.). The country is mountainous- both rivers flowing through precipitous gorges. The trig. station on Karangahake mountain is almost directly above the workings on the Bonanza section and is 1680 ft. above river level, the adit from the gorge giving 1200 ft. of backs measured vertically. The officers of the N.Z. Geological Survey are engaged in a detailed survey of the Waihi district and the rocks of Karangahake are under examination.