MINING NEWS.

Auckland Star, Volume XLVI, Issue 82, 7 April 1915, Page 6

MINING NEWS.

WAIHI-PAEROA EXTRACTION CO.

£2,850 FROM 9,000 TONS. For the four-weekly period ending March 27 the Waihi-Paeroa Gold Extraction Company, Ltd., treated 0.000 tons of tailings for a return of £2,850. Floods caused operations to be suspended for nine days during this period. The company has now treated 4008,000 tons of tailings for a total return of £128,411, made up as under:— In 10t2. 04.100 tons..: £33 811 1018, 140.100 tons 42,300 11)14, 144,:i00 tons 42 950 Period ending— February 27. lOir,. 20.500 tons 6 500 March 27, 0,000 tons 2.530 405,000 tons for .£128.411 Dividends paid to ilnto f 12.500 MIKE MANAGER'S REPORT. Wailii Reefs-Gigantic—The eoirtraetor for crosscuts lit 1000 ft level has extended the north faro l!»ft and S.E. lift; total for week. :;ofl. We arp now out from shaft SMIfl in north end and 220 ft in S.E. end penetrating solid country in both faces, in north (-nil t'io ro.-l; is of a dark colour in-u-rmixert with sillra vr-ins and small bunches ot qnart* formation, and there has' heen a flight now of water comlne from face for the last 20ft driven. In the !? X face the country is a ?rey andeslte. and no'; so srtrong as that In north face, but stands fltmly without timbering and 1 8 f»TouraSle for arrjiog reels lormatloa. • imToara:ue