MINING NEWS.

Auckland Star, Volume LXX, Issue 201, 26 August 1939, Page 4

MINING NEWS.

GOLDEN DAWN. PROMISING DEVELOPMENT. IMPROVEMENT IN RFEr. Thi» seerrtnry of Ooldnn Down Hold Minos, Mr. M. H. W.vnynrd, reports it promising development tn tho company's operations nn follows :— "In sinking tho winze from No. .1 level on No, ft reef, considerable Improvement hits tnken pliicn. The winze In being sunk on tli« linriKliiir wall Hide and In all In the reef, Hie footwall not showing, the width of reef worked being thift of the winze, 4ft.

"At 2," feet down, values, which had been low, startctl to Improve, averaglng £1 10/0 n ton over the full length and width, at 27 fwt. £U 7/(1 a ton. ami at 30 feet £1 I/•*». At 112 feet a parallel reef was dlseoverml In the hunglng wall, one foot % wlde. of lilgh value, the five feet width of both peer* averaging £10 1/0 a ton. At 3-1 feet the reefs Joined and llie four feel In winze averaged ft."> 8/5. tn these assays gold Is viilueil til t! 2' per ounre.

"It Ih too enrl.r t" estimate the extent of tlm hlirli value*. hut tin l discovery Is *n Interesting and promising one. the No. fi reef being tin l largest reef In the mine. PJttot l luhll.v Intact and nliout 1170 feet west iui'i" w«rkln«s frnni which the company ouuinwl over £227.000 of Kohl up to 1038."