MINING PROSPECTS.
—+ (Per Press Association.) AUCKLAND, this day. At the annual meeting of' the Stock Exchange, Mr Buttle, chairman, said that the year had been a trying one. Money was dear, which resulted m a restricted market for the investment of "stocks. The development at Waihi mine indicated that they had penetrated through the zone of rather poor ore. They could look forward with some confidence to that company's prosperity, which might possibly lengthen to fifteen or twenty -years. The developments of the Grand Junction were most encouraging. If the ore bodies continued to open up as well as at present, the company would ere long stand m the same rank as the famous Waihi. The Talisman mine was developing well. The ehvttes were remarkably rich, and the persistence of a run of ore was really astonishing. The Ross Goldfields Company had procured a plant equal to dealing with the water. There was reason to believe that mining could he systematically continued. Pie considered there wa« no nuestion as to the possibilities of the 'Ross goldfields being very great. |>
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Poverty Bay Herald, Volume XL, Issue 13251, 9 December 1913, Page 6
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179MINING PROSPECTS. Poverty Bay Herald, Volume XL, Issue 13251, 9 December 1913, Page 6
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