MINING NEWS

Evening Post, Issue 28, 1 August 1936, Page 6

MINING NEWS

THE MARTHA REPORT

The following information has been cabled to London by the Martha Gold Mining Company (Waihi), Ltd.:—No 2 Level, Bell Reef.—The crosscut at 434 ft west was extended south and the next 25ft is country rock and the next 2ft is quartz, assaying. 34s a ton. A drive west has been commenced on this vein. -No. 6 level, North Branch, Martha Lode.—Driving west, the next 15ft has a sloping value of 24s 9d a ton and the next.24ft assays 16s 3d a ton, the reef being about 9in wide. No. 7 Level, North Branch, Martha Lode.—North-west crosscut is now out 43/ ft in blue andesite with oxidised joints. Junction No J 8 level, Royal Lode.—Sinking No. 4 winze, the next 10ft assays 9s 6d a ton. The lode was crosscut at 72ft down and measuring from the south wall the first 14ft assays 9s a ton,' the next 4ft 20s 3d a ton, and the last 4ft 6s 9d a ton. GOLD RECOVERY, LTD. Gold Recovery, Ltd., Auckland, has been registered as a private mining company to operate at Hamilton. Capital, £1500 in £1 shares. Subscribers: T. B. Walker, 425 shares; G w- Magnus. 150; A. K. M. Clark, L. Buddie, 100 each; H. B. Johnson C. Robinson S E L. Aickin, F. W. Karbut S. J. Fortescue, H. M. Warner, w C a suffus> **■ Hunt- W. M. Evans, W. A. Bmns, C. W. Parker, N. J. Kidd, J. G. Buckleton, H. Morpeth, 50 each; J. B. Liggins, 25. WORKSOP DREDGE. Worksop Extended Gold Dredging Co., Ltd., reports the following official return for the week ending July 30:— Yield, 17oz; hours dredged, 130- yardage treated,- 9800. >•>■<""