MINING NEWS
Austral Malay Tin, Ltd., applied to the Warden's Court, sitting at Cromwell, for ordinary prospecting licence over 700 acres in the bed of the Clutha River, upstream to Rocky Point granted, subject to boring only. A certificate of protection for 12 months over several prospecting licences held by the same company on the Clutha was granted, states the Dunedin "Star."
Argo Gold Dredging Co., Ltd., reports a return for the week ending June 13 as follows: —Yield, 520z; yardage treated, 9000; hours dredged, 90. Repairs to dredge have been carried out throughout the week on day shift, which accounts for the shorter dredging time. Mataki, Murchison, reports:—Last week the dredge worked on a face of 500 ft with an average depth of 16Jft, pulling ahead 35ft, The river portion of the cut continues to improve, although on the inside the water is still shallow, and we are lifting 3ft to 4ft of pug over approximately 150 ft. The dredge is working well, and there are no mechanical defects.
The following telegram was received by the New Zealand Stock Exchange Association from Gillespies Beach, at 9 a.m. today:—"Dredge still undergoing repairs."
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Bibliographic details
Evening Post, Volume CXXI, Issue 141, 16 June 1936, Page 12
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192MINING NEWS Evening Post, Volume CXXI, Issue 141, 16 June 1936, Page 12
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