MINING NEWS.

Auckland Star, Volume LXVI, Issue 213, 9 September 1935, Page 4

MINING NEWS.

YIELDS OF COMPANIES. King Solomon (Gore).—This week, 40oz Bdwt. Stafford Sluicing (West Coast).—For 203 shifts, 14oz lSdwt. Stafford Dredging (West Coast). —Teriod to August 24, :!soz from WsS3yus in 123 hours. The ground is shallow, hut deepening. Mossy Creek (West Coast). —Last week. 23usj lor hours and 0070 yds. Okarito Keturn. — 32o« l.'ldwi lit!!} hours. Waipapa Bench. —48oz ir.dwt, 18U hours, MOONLIGHT GOLDriELDS. : The Moonlight GoldlleUlH Company (West i Cast i reports Mint sluicing operations were I commenced in July. The work done to date has consist I'll of culling a tail rare and preliminary work Incidental to , opening up a sluicing face, which yielded 20oz of gold up to August L , . A wash up on September ~> resulted in a yield of 21oss of gold. GOLDEN PROGRESS RETURN. Golden Progress (Otago) report* a return of SSoss 4ilwt from approximately .77 tons of ore. This makes a total of Ili.'toz lSdwt from approximately so tons of ore taken from Hie oast end on the 2Uofl level. The reef has continued on the 200 ft level for a distance of L'Oft beyond the point nt which tile break occurred on the l.'llft level, and present Indication)! are thai it will continue. The men are at present engaged in pushing the 200 ft level further into the east in Order to open up n further block of ore for crushing. MOLYNEUX DREDGING. Within the next few weeks, provided the river rises sufficiently, there will be launched on the .Mol.viieux Itiver, Otngo, two of the largest dredges that have over been used in New Zealand for the winning of gold, states tho "Otago Daily ■rimes." The companies owning the vessels are hacked by English capital and have as their objectives the dredging of the bottom of the swiftest river in the Dominion. Six months of construction work has been completed and it: is expected that dredging operations will begin early next year. MINES. Blackwater Mines. Ltd., return for tho month of August is: Crushed 3000 tons, yielding 172li,nne ounces of gold from all sources, the value of which, taking gold at 140/ per lino ounce, was £12,085. Working expenses were £6002, leaving a working prolit or £0083. Development expenditure amounted to £353, and capital to £S7:t. Xo. IL , level was driven 40ft on reef averaging .'Klin in width, 17dwt in value. The limit or the main ore body in tho north end of the mine has now been reached and driving I has been stopped here. No. 11 level: The 1 winze has boon sunk a further distance of! 21ft on reef averaging :!01n in width and l'.Mwt in value, and the corresponding rise from Xo. level to meet this winze has boon 17ft on reef averaging 361n in width and 12Jdwt in value. The decreased output from the mine for the month was due to the prevailing epidemic of Influenza. MANAGERS' REPORTS* I Mahakipawa (Marlhorough).—East cross-I cut from top of incline (co-ord. 1515 south I by 110 west) has, been extended to 84ft, I The bottom has continued flat for the period and is still very hard. For the last Oft the wash has contained some much larger stones, and the roof of the drive has I become very wet, necessitating timbering. The appearance of the wash is more encouraging, and the presence of so much water may indicate that there is an area of low ground, which has hitherto remained undrained. The coordinates of the face are now 1525 south by 70 west.