GOLD MINING

Grey River Argus, 1 April 1935, Page 2

GOLD MINING

The Talisman Dubbo Co. report that it treated 50 1-3 tons at the Golden Dawn battery for £394 actual return. It is reported that a scheme connected with To Aroha falls is to be exploited in Westland with Melbourne capital. Gold at London has fallen in price to £7 3s 8d per fine oz. Owing to water shortage during most of the fortnight ended March 23, Addison’s Flat Gold Mining Coy. had no wash-up. Very little sluicing was done. Saturday’s quotations included: — Okarito 6s sd. 6s 96; Skippers 3d. sd; Waihi 42s 3d, 44s 66: Worksop Extended 2s 56, 2s 646; Golden Samis 2s 3d, 2s 96; Goldfields Dredging 46, s?d; King Solomon 2s 4d, 2s 96; Lawson’s Flat —. 2 : [6; Maori Gully Is 3.!d. Is 56; Malaki Is fid. .Mossy Creek 2s 5’6. 2s 7.’.6: Nevis sei —. 146: Alexander 18s 26. 18s 76; Alex amler (15s pa’id > —, 17s Id; Argo Gold Is 3 Ad. Is 56; Barrytown 20s, 23s 66; Big River 2s 36. 2s 1.16: Brian Born 46, 4)6; Charleston SJiH"’ng 26. 66; Deep Len 6 ■ —. 2s o’6; Gillespie s Beach Is 56 Is 76. AUCKLAND. Mandi 3(>. The accounts of Talisman Dubbo Gobi Mines. Ltd., for the vear ended December 31. show a net nrofi: of ■•■’5733 against £915 earned in the half-year ended December, 1933. a-M a loss (i f £IIS in the previous halfyear. During the vear 2034 tons of ore were treated for an actual return of £15,299. BIG RIVER GOLD MINES, LTD. The report for the week ending March 28, 1935. is as follows: — No. 4 North Drive. —Advanced seven feet. Total distance driven on reef since cut in west crosscut. 23 feet. Reef still maintaining size namely 3 feet 6 inches. Visible gold well distributed over the face. Stope. —Stope, has been filled in. and breaking No. 4 Stope commenced. No. 4 South Drive. — No. 2 Stope in progress. The reef hero is 12 feet wide and <of good quality. Main Shaft.—The shaft is blocked and commencing filling for 30 feet up. Sinking and timbering ‘will tlu/n be done. Battery.—Working three shifts per day during the week. MOSSY CREEK DREDGE. The Mossy Creek dredge return for last week was 20ozs 17dwts 12grs for 5150 yards of wash treated.