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ALEXANDER REEF

SYNDICATE SATISFIED. .Five years ago the West. Coast was keenly interested' in. the discovery ol the Alexander gbld reeL To-day, ,Mr D. A. Me V icar, one of the. principals of.jhe Alexander Gold Mining Syndicate, told a “Star” reporter .that the returns are proving very satisfactory, the average being over two ounces pir ion, witn an assay value of £4/2/10 pel ounce. During the four month? ended ill the gold produced totalled 666pzs IDdwts from 282 ton? of stone brushed-. Luring the past six weeks the plant has been in course of extension) and crushing will now be resumed. The detailed figures for the months of April, May, J line and J uly are as follow, the gold being produced by amalgamation only : — Tons ■ .Gold crushed. ozs. dwts. 60 120 17 70 135 2 62 137 16 90 273 4 282 666 19 • Mr, McVicar. added that stone estimated as worth, between £50,000 and £60,000 has already, been developed) ready for crushing. There are,now ten men ; working at the reef, and the Syndicate consider the prospects very bright. He exhibited a specimen of quartz, and a microscope was certainly not required > to-. distinguish the * ‘colour’ ’ • i;v it.. u

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https://paperspast.natlib.govt.nz/newspapers/GEST19250926.2.6

Bibliographic details

Greymouth Evening Star, 26 September 1925, Page 2

Word Count
200

ALEXANDER REEF Greymouth Evening Star, 26 September 1925, Page 2

ALEXANDER REEF Greymouth Evening Star, 26 September 1925, Page 2

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