MINING NEWS
RETURNS AND REPORTS *
Bulolo Gold Dredging, Ltd., Incorporated in British Columbia and operating in New Guinea, is offering 60^000 new shares of the company for subscription by shareholders registered in the company's books at close of businfSS4.t°n J, une 10- The Purchase price of the shares will be 20.00 dollars (Canadian) per share (5 dollars capital and 15 dollars premium) payable as follows:—10.00 dollars, (Canadian, or Australian currency equivalent) per share on application (2.50 dollars capital 7.50 dollars premium), 10.00 dollars (Canadian, or Australian currency equivalent) per share on allotment (2.50 dollars capital. 7.50 dollars premium). Shareholders may apply for one new share in respect of each complete sixteen shares held by them as shown by share registers of the company at that date. WAIMUMU SLUICING. (By Telegraph—Press Association.) _. , GORE. June 30. The Waimumu Sluicing Company's return for the period ended June 27 was 570z 3dwt. During the period considerable tune was spent in. shifting plant to the new paddock and also in sluicing old tailings. WAIPAPA BEACH. (By Telegraph—Press Assn.—Copyright.) DUNEDIN, June 30. The Waipapa Beach Dredging Company reports a wash-up of 290z 15dwt for 133 hours' dredging.
Latest dredging and sluicing returns as received are as follows:— Hours. Oz. dwt. worksop ' 136 88.0 Okarito 131 12.17 Mataki Junction 480 345.0 King Solomon ..:... — 31.4 Bundi '. 253 253.14 Rise and Shine .. (14 weeks) 40.0 Stafford — 41.0 Waipapa Beach .... 131 34.10 Skippers ...'......... 60 51.0 Maori Gully ....... 131 32.5 Argo 124 64.0 Mossy Creek 135 79.7. Okarito 130 13.3 Mataki 135 48.0 Waimumu — 57.3 Waipapa ..: 133 29.15
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Bibliographic details
Evening Post, Issue 154, 1 July 1936, Page 12
Word Count
257MINING NEWS Evening Post, Issue 154, 1 July 1936, Page 12
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