Page 2 Advertisements Column 2

Greymouth Evening Star, 14 September 1934, Page 2

Dealing with gold-dredging in the West Coast district, during 1933, the annual report of the Mines Department states: —The Mataki dredge, in the Murchison district, was first operated in August, and, until the end ot the year, had been worked for 2,196 hours, yielding 5300 z of gold valued at £3,421. The Rimu dredge put through nearly three million cubic yards of material, from which 14,673 oz. of gold having a New Zealand value of £110,671 was obtained, or 9.01 d per cubic yard of material treated. The average cost of treatment, including depreciation and overhead expenses, was 4.92 d per cubic yard. The Brian Boru dredge was put into commission early in the year and yielded l,ooooz. of gold, valued at £7,212. The Five Mile Beach dredge worked almost continuously throughout the year, and won 3,942 oz. of gold, worth £25,637, at an average cost, including overhead expenses, of 4.2 d per cubic yard treated.