MINING NEWS
" WELLINGTON SHABE ILSHKET. The only quotation recorded in the mining market on Saturday was as under:— Buyers. Sellers. £ s. d. £ s. d. fTalisman — 0 U 6 tEx dividend. TVAIHI GRAND JUNCTION. £17,026 FEOif 9800 TOXS. The Waihi Grand Junction Gold Company, Ltd., during the period ended September 8 last, crushed and treated 9800 tons of ore for a return of bullion valued at £17,026 ss. 2d. Compared with the return for the corresponding period cf last year, when 9610, tons yielded £18,087 12s. Bd., this shows |a decrease of £1061 7b. 6d. The total amount won from the mine to date is £1,581,650 15s, lid. The following information was contained in a cablegram forwarded on Tuesday laiS ta the London office of the company:—No. 8-Levcl. Empire Footwall Lode: The drive east has been advanced to 520 ft.; from 480 ft. to 505 ft. the average value for a width of 56in was £2 Us. 4d. per ton. West Drive: In ;he crosscut at £f.oft. the ore assays average up to £2 Os. 6d. per ton. "Royal Lode; The west drive has been advanced to 180 ft.; from 140 ft. to lf-sft. the average value for a width of 57in. is £1 16s. Bd. The east drive has been advanced to 80ft. ! LONDON SJIAEEJIARKET. Australian-New Zealand Cable Association. (Rcc. September 23, 5.5 p.m.) London, September 22. Talisman, 12s. fid. to 15b.
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Bibliographic details
Dominion, Volume 10, Issue 3198, 24 September 1917, Page 8
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232MINING NEWS Dominion, Volume 10, Issue 3198, 24 September 1917, Page 8
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