MINING NEWS
NOKOMAI PROGRESS
(Special to the "Evening Post.") ... DUXEDIN, This Day. The directors of Nokomai Gold Mining Co. have issued their report, together with the balance-sheet, for the sixmonthly period ended September 30. The accounts cover completion and installation of buildings and plant, including the new dewatci-ing plant. The profit and loss account discloses a loss of £2234 through unforeseen difficulties and breaks in parts of both plant and races, which occurred during the period under review. But as from September 1 11111111M111 ■ 1111111111111111111111111111111111^: 5 (The Stock and Share List will be = 5 ' found on Page 5.) t = JTIIIIIIIIIIIIIIIIIIIIIIIIMIIIIIIIIIIIIIIIIIIIIIIJ? the excavating machine has been put under test for, a period of six months to demonstrate its. capability to dig the quantity for which the machine was designed. The area of the present paddock will-bo 100 ft by 200 ft, and is expected to have a return before, the end of the preserit month. Actual gold values as disclosed by work-, ing more than .confirm the boring results' and previous sluicing.
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Bibliographic details
Evening Post, Volume CXVI, Issue 145, 16 December 1933, Page 12
Word Count
171MINING NEWS Evening Post, Volume CXVI, Issue 145, 16 December 1933, Page 12
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