WAIHI COMPANY.

Auckland Star, Volume LXVI, Issue 51, 1 March 1935, Page 4

WAIHI COMPANY.

CRUSHING RETURNS. OPERATIONS AT MINE. (By Telegraph.—Own Correspondent.) WAIHI, this day. The following information has been cabled to London: — For the period ended February 16, 18,615 tons of ore were crushed for a result of 4631 fine ounces of gold and 35,578 fine ounces of silver. This includes 1900 tons mined from the Junction area, which yielded 457 fine ounces of gold ajid 1214 fine ounces of silver. The crushing results are for 22 days. No. 2 Level.—Edward lode: Driving was resumed and continued to 227 ft through a mixture of quartz and country. From this point the drive was diverted southeast and at 298 ft intersected the main part of Edward lode with a width of 4ft of good grade ore. We have driven to the south on this 16ft, the ore being of good grade and the width about sft. No. 5 Level.—Martha lode: A winze is being sunk at 785 ft west and about 10ft from the hangingwall of the reef. Particulars are as follow:—On the east side of the winze the first 2ft is country rock, the next 2ft quartz dipping flatly southeast and is good grade. The next Bft is country rock and the next 2ft quartz assaying 11/9 per ton. On the west side is a mixture of quartz and country. No. 7 Level.—North branch of Martha lode: On a vein at 555 ft in a rise is being put up at 38ft west and the first 27ft assays 12/9 per ton. The lode is about Ift wide. No. 12 Level.—Edward lode, driving south: The next 35ft assays 5/3 per ton. Junction No. 6 Level.—On the south part of Royal lode driven to the west 2Sft the assay value is 14/9 per ton and the width of the lode is about 3ft.

YIELDS OF COMPANIES. Golden Dawn (Owharoa). —For the 12 working days ended February 18, a total of 252 tons of ore was treated for a return of £1355, realisation estimated at £7 2/ a gold ounce.

BRIAN BORU DREDGE. In a circular to shareholders, the directors of Brian Boru Gold Dredging Company, Limited (Greymouth), mentioning the decision published last Saturday to suspend dredging operations until such time as the ground in and approaching Brian Boru Gully has been adequately tested, state that within the last week or two the dredge worked through the site of the No. 7 bore, and although the results were appreciably better than they had hecn, they were much below expectations. The rest of the face dredged was found to be practically all clay, with the result that the average value on the total yardage worked was reduced very considerably. For some time past the company had operated at a loss, and it was thought desirable to use the remaining financial resources in testing the ground before any dredging was done.

MINE MANAGERS' REPORTS. Mfctaki. —During the week ending the 24th inst. the dredtre pulled ahead r>4ft in ground the average depth of which was 10ft. The lencth of the face is now rSfSOft. The dredge had a good run for the week. There is no change to report in the nature of the ground, the little solid wash that came in on the outside of the cut ran out, and the whole of the cut in the river has been worked.