MINING.
Our \A aipori correspondent writes;—l understand that Messrs Russell Bros., whose sluicing claim is on Morris Flat in the Lammerlaw direction, are turning out the precious metal in very substantial quantities. The last paddock, which took seven weeks to run off, gave a yield exceeding 160oz. Returns like these mean handsome dividends to the working partners. Mr Richard Galton still keeps pegging away in Nardoo Creek, and with results that are highly encouraging. The splendid watersupply at command enables him to deal with largo quantities of material The Bakery Flat Company, under- Mr J. T. Johnston's control, are busy sinking on tho upper part of Jutland Flat, and following the course of the deep lead. The gold yield from this source has been very satisfactory indeed, and gives every indication of a long life for the company. The Jutland water-power dredge is still in commission, and has been on very weak gold for some weeks. The area of ground ahead is not very extensive, huh nevertheless, the manager has no cause to grumble with his prospects. Messrs Knight Bros, are reported to be doing very "well in, thentwo sluicing claims. For some weeks their gold yields have been better than was the case for some months previously. Messrs J. T. Jqlmslon (Waiporl) and T. A. Hunter (Dunedin) are applying for a 400-area diedging claim extending from tho Maiden City Bridge down to the foot of Post Office Creek, following the line of, and including, previously dredged ground. It is said that their object is to test this stretch of ground for tho main bottom, which is considered to bo very rich in places, Tire alluvial paid handsomely, not only for hand stripping, but also for dredging. The Deep Stream Sluicing Company. 1 hear, are again on ground that will give the sliai-elwlders satisfactory dividends. Last week's wash-up totalled 520z The directors met on Monday, when a shilling dividend will likely be declared. Tlie sluicing claims at Post Office Cheek continue to yield very well, Tho Golden Crescent Sluicing Company have just paid a 2s dividend. For gome lime the company’s claim at Wetherstones has l>een yielding very satisfactory returns. A storage dam is in course of construction, and when completed, will be of great assistance to the company in opening up the cement deposits at the" dee per levels. The cost of the dam will run into something approaching £650. RETURN. Olrig : 28or, 7dwt, week,
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Bibliographic details
Evening Star, Issue 15064, 21 December 1912, Page 8
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406MINING. Evening Star, Issue 15064, 21 December 1912, Page 8
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