MINING NEWS.

Auckland Star, Volume LXVIII, Issue 267, 10 November 1937, Page 4

MINING NEWS.

FIRST LOLOMA YIELD. The first clean up in the new treatment plant of r,oloimt il'i.iii Gel,] Mines Xr, which has a minimum capacity of .virt "tons of ore a week, has proved highly satisfietorv The general manager' advises that i<JLi ~or" > ' l 7 < io '> °"toller 28. a total of 1_«0 dry tons of ore was treated, the head T »!!>", I,om - 34dwt a ton. with residues 1 „ vt a toil. The yield was fJ-N S,»z or tine gold and ."r.2oz of silver The estimated plant absorption was 22400z of The absorption and high residues we-e due to the plant being on raw material practically all the period. The residues were being stacked separately, and would lie treated at the first opportunity During the period considerable mechanical adjustments had lieen necessary to the plant and continuous running had not been possible.

BRIAN BORU LIQUIDATION

A proposal that the Brian Born Gold I'redging (. ompany. Li mi tel. should go into voluntary liquidation is to he placed before shareholders nt a meeting on December 1 in Greymouth.

RETURNS OF COMPANIES.

Hours Yardage Gold Company. worked, treated. oz dwt :V,R° 15 4 10.000 107 — Gillespie s lis «"lut ha 117 _ ~,,4 _ Maori Gully .. . 121 Molyneux 25(1 — 50 — ~ (2 weeks) at « kl no 5.400 » s __ l-*0 15,300 S.i - New River 126 10.000 .3 _ Work-sop 130 0 - k(m oj Golden Sands .. 38 shifts — 33 16 for W t a^ U we U ek S s lUiCing ~ 2IOZ lldwt " £ •?«?s AC f l l W!U, ' r - r , e i, urn for October Crushed fri™ ... nS> - vleldln K 1583 tine ounces trol from all sources, value, taking gold at 140 , £fio7S Un r- £n ' OSO - Working"expe sts w« re £6978. leaving a workins profit of £41 »•> ment }542 PenditUre W " £154 " and develop! Emperor Clean-up.—Four weeks October 30 Treated 2700 lone tons fnr recovtry of 1030 or bullion, containing 049 q oz fine gold. Head value Rdwt per ton