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MINING NEWS.

ALEXANDER OPERATIONS. I LESS GOLD PRODUCED. n ,^ ld ,c ßlu<Nl r? t £14,726 was won bv AloxLimited. Reefton. for the vear 1 - v ' . Thi ' i compares with r °d ill the previous year. The pront on the years operations was £1288 against 14ti:{S. Less £20 over-estimate<l on concentrates, ,he balance is carried forward. providing a credit in the approof £3 - Tr '- N ° Tie directors state that the uneertalntv ot the company s future as disclosed up to the present in the operations in No. 6 level has led the directors to decide to conserve the company s funds as much as possible for the development of the mine. Gold ta\ : of"f 10 i-« y f ar to^ k £1101 ' >n»klnK a total of £ 10,1 < J since the tax was instituted. GOLDEN CROWN MINE. erM h hin» a^? S | r ' Mr ' A Ada " ls - reports the of five tons of ore from the rise of £23 per ? toif. e X °- 1 IeTPI f ° r a retur " YIELDS OF COMPANIES. Gillespie's Beach.—24oz tklwt ill 132 hours, from Io.KsS yards. Okarito.—44oz 3<iwt in Ut>_4 hours. Mataki iMurchixoni. —3<>oz for 1.(2 hours and 11 ,!H«t yards. Mataki Junction.—64oz, 12s hours, 15,000 yards. Kanicri.—l OOooz, 415 hours, 261,000 yards. lSarrytown.—B42oz. 433 hours, 191.000 yards.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19390904.2.28

Bibliographic details

Auckland Star, 4 September 1939, Page 4

Word Count
211

MINING NEWS. Auckland Star, 4 September 1939, Page 4

MINING NEWS. Auckland Star, 4 September 1939, Page 4

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