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Grey River Argus, 9 June 1933, Page 6

COMMERCIAL

BIG RIVER MINES. The report for the month of Muy of the Big River Gold Mines Ltd., is as follows: —No. 1 adit lev I: South drive on Duggans Reef is advanced H>ft. lota] 15f’. The body of stony met with at tin* end of last month prove! to In* only 7ft in length, being <’Ut off hy a fault Driving was suspended, but it is proposed to do further work on this Smith drive off main adit at 19(l!t '*ast of shaft was opened out Io prove upward continuation of Hen erson’• reef being work' d :H No. ?, level Ad vanced 21ft in nice sate country with several quartz leaders showing in the face. No. 2 (‘liainber lias been repaired :ind completely r< • 1 imbcred. Lmes’ reef: A little stoping has I d< m' above the j nt<*rmediate level cs stoic 1 averaging sff in width. A little' fim* gold can be seen in br<*aking. No. 3 Icve': R ise above No. I south Live Kfift from entrance ha> advanced 17ft. total 43ft. 'Thy lode averaged about 1 foot in width ot' clean quartz and fair gold was seen in breaking. Win/.'' below No. 1 south drive at 70ft from entrance was sunk 26ft, total 34ft The ore body gradually pitched away to the south ami went out of tin- winze at about 20ft. Fair gold was si'“n in the solid stone nt this point. Thy last 14ft was >unk on a we'l defined tr.ick carrying a few inches of broken <|uartz. Fast intermediate cross-cut oil winzeA. cross-cuf was run into Hit* hanging wall eoiintrv for a. distance of Bft. but nothing of importance was mot with. South intermediate drive off winze: A south drive was then opent'd out to intersect the >tone which pitched out of the winze at about 20ft Advam 'r. Bft. A little broken quartz carrying gol I is showing in the face, but the main body has not yet been met with Battery; The battery ran satisfactorily for ten days and crushed 200 tons. Plat's look w<*H. Repairs to dam 'ire SALES ON EXCHANGE DUNEDIN, June Sales: Waitahu 7/8. Freshford lid. R ported: Union Bank 166/-, Electrolytic pref. 31/6, aftor call (two) WaitaAUGKLAND. June 8. Sales; King Solomon 1/8, Consolidated Brick 4/3. Paddy’s Point 5/6. Con--olidati'd (Jo'd 11/l. W'aihi 22/2. Auckland Gas 22/-. 23/-; New Zealand Newspapers 25/-. Woolworth’s Australia New Pref. 25/6. Napier Mills 26/9. Wilson’s Cement 30/7, ex div. Bank New Zealand Mortgage 31/2. New Zealand Insurance 49/9, Commercial Bank Sydney £l7. CHRISTCHURCH, June 8. Sales: Commercial Bank of Sydney £l7, Gold.-bomugh Mort. 26/3, N.Z. Refrig. (£1 paid) 14/7 (2), Westport Coal 11/6 (4), Dominion Fertiliser 11/8, Electro Zinc (ord) 19/11, Electro Zinc, (prof.) 31/9, Mt. Lyell 22/8. 22/9, Gillespies Beach (9d paid) 1/7. Lawson’s Flat (I/- paid) 1/6J. Nokoniai 4/SJ, 4/7. Waitahu (4/6 paid) 7/11. Reported: Otago .Harbour iiD/0 1934 £lll/10/-, Commercial Bank of Sydney £l7 2/6, N.Z. Refrig, f 10/- paid) late sale 7th, 5/6 WELLINGTON, June 8. Sales: Westport Coal 11/1. Mt. Lyell