MINING NEWS.

Auckland Star, Volume LXVIII, Issue 299, 17 December 1937, Page 4

MINING NEWS.

GREY RIVER DREDGING. CALL OF 1/G I'BR SHAR& The Auckland Stock Exchange has been advised by the Grey River Dredging Company. Ltd.. that the directors have decided that a call of 1, (i. making the shares S/'.l paid, be made on shareholders. The call will be payable on or before January 21. MARTHA COMPANY. OPERATIONS AT MINE. (By Telegraph.—Special to "Star.") WAIHI, this day.

The following iliformation has been cabled to l.ondun : — Number j level. Taylor. north crosscut at Soft eavt of No. i; shaft, new northwest crosscut at S.'jft north. We have intersected quartz ,Ift wide. A#.«-ay value -II 3 per ton. Number six level, north branch of Martha l<>de driving west. The next 24ft width is about ljft. Assav value irregular. In the next 27ft the vrhltb is small and the assay value low. Numlior seven level, west branch of Ivdward lode driving wiuth-west from Koach crtvs<ut. The next 41,' ft assavs L*3, per ton The reef h- wider than the drive. returns of companies. Mossy Creole fWest Coast).—(3os 3dwt fri.m yards in 181 hours. Worksop B\tended (West Coast). —260 x from <;.-,<») yards in 13'J hours. okarito (West Coast). —Jloz for 122 hours. Wuitahu—Final wasli up Sloz. making a total for No. 11 paddock of 'J37oz 7dwt since August IM. Talisman Dulibo.—-Forty-one tons of ore were treated at the Golden Dawn batterv proximate realisation of £ 300.