COMMERCIAL

Greymouth Evening Star, 27 December 1934, Page 9

COMMERCIAL

STAFFORD DREDGE RETURN Stafford Dredging Company’s return for the last 60 hours’ running was 48 ounces of gold. MATAKI DREDGE. Mataki (Murchison) reports:—The dredge pulled ahead 45ft in ground of an average depth of 15ft. The length of the face is now 350 ft. The dredge had a good run. In the early part of the week the wash showed signs of improvement, but on Wednesday became drifty on. one side, with a good deal of buried timber on the river side in the old workings. I am still gradually dropping off ground on the inside and opening out across the river. There is very little gold in the river, that which we are getting being very fine and light. ALEXANDER MINES. Report for month of December: No. 3 level north: This level has been extended 17 feet mostly on stone. The face shows lode but very much distributed and broken. No. 3 intermediate level north: Driven 17 feet on lode, varying from 3 feet to 5 feet in width. The face looks well, showing a well-defined lode about 5 feet in width. No. 4 north drive: Eighteen feet has been driven for the period on reef track, with occasional boulders of stone showing. Stoping: Stoping has been carried on in No. 4 backs, and above the intermediate level. The reef in the eastern portion of No. 4 stopes continues to improve, and is lengthening very fast northwards. Battery: 318 tons were sent to the battery, and 324 tons crushed for a return of 191 ozs. 10 dwts. of melted gold. The cyanide department treated 125 tons of sands for 29 ozs. 2 dwts. during the same period and a recovery was made from concentrates of 93 ozs. 2 dwts. The total estimated value of these returns is £2070. In addition concentrates were saved amounting to 11,443 tons, and are valued at £3OO. (Note: In estimating the above values, gold has been taken at 140/- per fine ounce).