MINING NEWS

Evening Post, Volume CXVI, Issue 80, 2 October 1933, Page 12

MINING NEWS

REPORTS AND RETURNS

■Golden Dawn. Owharoa, Auckland.■■•reports that on No. 3 level drive north on west branch of No.* 3 reef from north end of north stopes driven Bft, total 108 ft; Reef averages 10in wide. Drive south on east branch of No. 3 reef from .south crosscut cast driven 4ft, total 49ft. Reef averages 18in. Winze at -Flat Sheet on No. 3 reef has been sunk 17ft, total 17ft. Reef averages 2ft. Underhand stoping on No, 1 reef being carried on. Keef averages 18ih.\ Underhand stbping also being carried on in h'ungingwall branch of No. 1 reef. Reef averages Hin. Stoping carried on in one block on magazine reef. Keef averages Win. Stoping also being carried on in two blocks on No. 3 reef. Keef averages 20in. On No. 2 level stoping in one block on No. 1 carried on. Keef averages 20in. ... WAIHI RESULTS. The following information has been cabled to the London office of the Waihi Gold Mining Co., Ltd.:—No.. 5 level: Driving west on the north branch of the Martha lode, the width of the lode' over the next 21ft is about 3ftj. and over the next 13ft, about 2ft. The quartz is of good grade. Martha lode: Driving west, the next 52ft assays lls a ton. No. 11 level: Edward lode—The winze was crosscut, at 70ft down, and^, measuring from the west wall, the first Bft assays 10s 6d a ton and the last 10ft 25s a ton. No. ,12 level: Royal lode —Driving west, the next 42ft. assays 15s 6d a ton. The width of quartz is between.-2ft and 3ft. Driving on the Royal lode has been resumed eastward from No. 4 shaft, south-east crosscut. Grand Junction No. 6 level: At 250 ft in the Royal south-west prospecting crosscut there is a 3iu leader assaying 2s 6d a ton. The course is 20dcg true, and the dip 1 in 3 west. HAURAKI MINES. Directors of Hauraki Mines Consolidated report for the. half-year ended May 31 that, while the company's mining claims were under protection during the half-year, a number of tributers were working by consent of the company in surf ace ings. During the twelve months ended May 31, 1933, these tributers produced gold to the value of £200.' The company's battery was used for treatment of quartz from mine and other small parcels from other locations in the Coromandel district. Much attention had been given by directors to the question of working the company's property as a low grade proposition, and numerous assays made of material taken from various parts of the surface. As a result, the directors had decided to take steps to increase the capital of the company. The balance-sheet shows paid capital £84,884. The debit to profit and loss account stands at £48,386.