WAIHI GOLD MINING COMPANY
THE DROP IN SHAKES. . AN EXPLANATION. (By Telegraph— l'ress Association.) ' Auckland, April 29. Regarding the drop in Waihi shares, it is understood that this is accounted for l>v the fact that the published reports from the mine'have Ehown that at ho. 9 level, while tho assays along the drive east and west, and the main crosscut through the Martha lode, havo been satisfactory, those- in the crosscuts put in at each 50ft. along the lode, have disclosed a considerably lower tange of values than occurred previously in the reef immediately overhead at No. 8 level. Tho change, it would appear, was first mot with at tho .beginning of this year, and it is stated to have continued since, a considerable quantity of ore met with being practically worthless. • A CRUSHING. £66,501 FROM 30,490 TONS. • Waihi, April 29. The Waihi Gold Mining Company, for a broken period, owing to the flood, crushed and treated 30.490 tons of ore for a return of bullion valued' at £66,501. The crushing mills ran for twenty-one days, instead of tho usual period of twenty-four days, consequently the return is less proportionately. ' ■ . ■ LITE STOCK SALES. Reports of Live Stock Sales' will be found on page 13 of this 1 issue. .>'
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Dominion, Volume 3, Issue 805, 30 April 1910, Page 8
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208WAIHI GOLD MINING COMPANY Dominion, Volume 3, Issue 805, 30 April 1910, Page 8
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