MINING.

Press, Volume LXVII, Issue 20257, 8 June 1931, Page 12

MINING.

KING SOLOMON MINES. (PRESS - ASBOCIATIOH TEKEGBAU.) INVERCARGILL, June 7. The mine manager of King Solomqn Deep Head mine, reports that for the week ending June 6th the wash-ujj totalled 72 ounces. WAIHI GOLD OUTPUT. The directors of the Waihi Gold Mining Company report that the total bullion returns for 1930 were £396,265. Apart from those for 1927, at £419,846, they were the highest since. 1911, when the company took £679,116 from the mine. 'This total • bullion receipts since 1890, at . December, 1930, were £16,682,308.

CORNISH POINT G.M. COMPANY,

The latest advice received by the secretary of the 6omish Point Gold Mining Company from Cromwell states that the mine is now drained, although a slight mishap to one of the pumps had delayed matters. During the time the mine had been closed several vuns of silt and gravel had occurred. It is anticipated that only two of these runs now remain to be cleared before the face is reached. The river is still at the low water mark., • , GOLDEN DAWN . GOLD MINES. The first annual meeting of: shareholders in the Golden Dawn Gold Mines, Limited, was hcld ;on May 18th.- Mr John Farrell (chairman of directors) presided, and in moving the adoption of fcbo directors' roport' and statement"of account? referred to the operations carried on since the company • bad been formed. Values of ore—All assays taken of the reefs in the company 's! mine ' had boon satisfactory, but it was felt-that treatment of a bulk "parcel would be the most convincing proof.•• Consequently, 504 short tons (equal to 450 ordinary tons) had-been treated at'the. Waikino ; battery,, by permission of. the VVaihi Gold Mining Company, Limited, and was valued on continuous assay, at £3 , ,17s per ordinary ton, '9O per cent; o£ such value, amounting, to £1546 15s Bd< , being paid to this Company, less cost 1 of treatment and incidental. None of the richer faces were included, as the test was of tho general run of ore. These richer faces woul,d • bo available to build up the return to a higher average level when operations woro in full swing. , Improvements to battery—The prospectus gave a report by Messrs Chas. Judd and Co. as to the cost of reconditioning the battery, some £2OOO. This provided for . repairs, and improvements, and ;n - bigger icapacity by the introduo* j tiori of a tutyj mill. The .directors ft^e,: since, however, been '/advlseStbafcjtho J full equipment should- include-a complete filtration plant and attendant' appliances which would'increase-'the "extrao-j tion to something well over 90 per | cent. This mil mean an extra cost, but i when completed th«j Golden Dewn plant will bo as completely equippodfor 1 saving bullion. as any battery" in New \ Zealand. f prospe^t^—There are no ' working faces all on payable oVojf*b.i that when the treatment plant is com-': ploted tho.production of a largo quan- 1 tity of ore will bo facilitated. The main, i adit level, over -2000 feet long, - is a. i roomy way, in which horse traction 6an bo All trams, water* pipes,, and air,pipes have b'eenjoverhauled 1 and are in. good order. The No. 3 level, labo'ut' 1200' feet long, .ha* 1 been' openod lip, and besides providing <good ventilation will assist 'and economise the working of ore, especially'in the richer sections of the mine, and be particularly valuable in the development work to provide further ore; reserves. ' Messrs J. anil D. 8., Patterson, the retiring directors, were reelected.