GOLD MINING

Grey River Argus, 1 October 1934, Page 8

GOLD MINING

Quotations on Saturday were; Skippers 7d, 74d; Stafford Sluicing —, Is 2d; Waitahu 3s lOd, 4s sd; Worksop Extended 2s 2d, 2s 24d; Argo Gold Dredging s}cl, 6d; Nokomai 3s 3d, 3s lOd; Mahakipawa Is 3d, Is 4d; Moon-light-Nelson Creek 2d, 3d; Mossy Creek —, Is 7sd; Nevis Diesel 44d, Okarito 8s 6d, 8s 10d; Alexander —, 18s 6d; Alexander (14s paid) 15s 3d, 16s 6d; Bell Hill Is, —; BellHooper 3d, 4d; Bell-Kilgour l|d, 2d; Big Biver Is 7d, Is 8d; Blackwater —, 33s 4d; Brian Boru Is 24d, Is 34d; Deep Lead Is Bd, Is 9sd; Gillespie’s Is 84d, Is 9d; Glenroy —, Is Id; Gold-1 fields Dredging 104 d, 114 d; King SoloniQn 3s Bd, 3s 10d; Maerewhenua 34d, 6d; Mahakipawa lOd, 104 d. LONDON, September 28. Gold 141 s Old, dollar 497, franc 74|. BRIAN BORU DREDGE. TJu> Brian Boru dredge last week put through fourteen thousand cub c cards of material during 121 hours’ working for a return of nineteen oiuu-es ten dirts of gold. WORKSOP DREDGE. The Worksop return is fifty-two ounces for one hundred and thirtyfix hours, dredging nine thousand six hundred yards. STAFFORD DREDGE. The Secretary’s report on September 17 on the progress of the Stafford dredge (West Coast') was that a commencement iwias being made to run the new gear the next day. Continuous digging would begin at the end of flu's month. Ben Ledi Sluicing Co.. Ltd., mine manager reports September 26 as f<» l lows; —“As a result of the recent heavy rain, there is a very large flow in the main stream. and there is two feet of water going over the weir at the intake. All subsidiary streams are running bank high, and it is hoped to have the water in the race by Wednesday, the 26th inst by which time the flumes -will be completed. The -pipe line is laid out and finished down to the face, and by Wednesday the boxes will be in position for sluicing Sluicing will probably be started about September 29, and by the end of the foll< wing week the claim should be well opened ou|t and everything in running order.” During the/twelve months ended Juno 30 the gold production in Australia was 870.395 fine ounces, valued at £7. 073,759. Tn the three months ended March 31 the production was 223.5060z5, worth £1.881.668. ’ The Secretary of Lawson’s Flat •S uicing Company reports the wash-up for two weeks ended September 24th. resulted in 41oz 3clwf •of retorted gold Gillespie’s Beach Dredging Com pany advises that dekiy caused b} seepage wa< longer than expected, ano ‘here was n o wash up last week. Opera lions were resumed this week.

Rimu Fiat dredge during the year. 1933, put through 2,948,789 cubic yards of gravels. having an average depth of 44 feet. In this turnover, the dredge worked 88.9 per cent, of the possible digging period, the material treated being 449 cubic yards an hour. The yardage handled during the year was treated a.t an average, cost of 4.92 d a cubic yard, which figure included de precialtion, overhead, and all operating expenses. The end of the year finds the dredge in first-class running con dition together with an ample supply of replacement and repair part requirements on hand. The yield of gold for the year anuounfted to 14.673 ounces, having a New Zealand value of £110.671 3s lid, and representing a gravel vahie of 9.01<l a cubic yard, based on the ruling pirce of gold at the time of sale. The tota’ yield of gold since the commencement of operations amounts to 141,395 ounces, valued at £677.614 9s. The dredge employs 45 hands.

BeH Hooper gold return last week was 23ozs 7dwts Bgrs; of this 12ozs 2dwts lOgrs came from 62 cubic yards (truck) from No. 2 plant (Q block) and llozs 4<lwts 22grs from 57 cubic yards from No 1 p’ant (A block.)

Moonlight Goldfields Company has control of approximately 1500 acres, in which are two special* claims of »0S acres and 65 acres, over which the company holds a lease for 42 years, together with a good water supply. This carries fifty Government heads of water from the Roaring Meg river, and will, it is estimated, for the greater portion of the year carry at least 75 heads. This the Company .also holds for :1 period of 42 years. The framework f ir the flume from the intake to 'he sorting point of the pipe-line is in position. The sump is ako constructed. The manager c Itimates that sluicing W'll be commenced in December Thirty-one chains of 30-feet iron flanged pipes are ready to be put into position. and the contractor is busy making the rest of the pipes requited of e pper steel, which was imported from England. A deal of work has been done, levelling, excavating, building treffing across gullies, and laying a tramline, as many as 35 men being employed at one time One mile 65 chains of track has been bedlogged. These logs carry tramline, which has been completed for 1 mile 17 chains, and will form the permanent bed of the pipe-line. To improve the alignment 70 chains of I resiling of an averageheight of nine feet has been erecited. Tn aM. 350,000 super feet, of timber, obtained fr< in the surrounding bush, has been used.