MINING NEWS.

Auckland Star, Volume LXIX, Issue 59, 11 March 1938, Page 4

MINING NEWS.

MARTHA COMPANY. OPERATIONS AT MINE. (By Telegraph.—Snoeiiil to ".Star.") WAIHI. this day. Tlip following liiformnt inn lias Iwpii inililiml In London : -Ni>. 1 lovi-1 : Win at lir.rt in the Lnvi'M s"iilh-i>itst crosscut driving wi'st. The next .".Hft is ore of good jri-mlc varying from 13in In -Jlia \vi<lo. Xo. (i lovel- North branch Martini lodn : A rise is hi'ing put m> at 160 ft newt "f tin- Knplr crosscut, and Iho first 'Jiift assays 34. t> per ton. The width of tlip lode is about 4fr. Crosscut to iho north at 600 ft wpst of (iidden's crosscut was slopped at ]S7ft. and wp hnve now coniiucnoi-d to ilrivo on n vein at .'{lift in. No. 7 Ipvpl — wt-Rt section of Edwnrd lndo : Crosscut to north-west has hoh'il to former work Ings and we are now preparing to sink a winze. BLACKBALL DREDGE READY. (By Telegraph.—Press Association.) CHRISTCHURCH, Thursday. The Blackball Creek dredgp. formerly known as Brian Bom. which was removed to the Blackball Creek, is now ponipli'tPd, and a trial run yesterday proved most satisfactory. Tin- dri'dgr will commence full operations on Monday, working two shifts daily. The Brian Boru Gold Drcdginir Company (Greymouth) went into liquidation last yrar. The dredffH was sold to a syndicate for i; c>r>oo and was movpd to an area near the Argo claim at Blackball Creek in June. RETURNS OF COMPANIES. Mossy Creek (West Const).—2ooz Odwt for 127 hours and 8700 yards. Blackwater (Reef ton). — Return for February : Crushed 2021 tons, yielding 110!) fine ounces gold, vnlup. at £6 10/6 a fine ounce, KSloTi. Working expanses wero £6400. leaving a working profit of £1700. Capital expenditure was £2590 and development expenses £502.