GOLDMINING

Grey River Argus, 6 March 1937, Page 12

GOLDMINING

Quotatoions: —Worksop Is 7d Is 9d; Whi e’s Electric —. fid ■ Kanieri 10s paid 15s, 16s 9d; Grey River 2s fid pd. 4s sd, 4 S 6d'; Alexander 10s, —; Alexander 15s. —. 15s; Argo Gold Is lOd, Is 1LU1; Big ' River Is lOd, 2s 3d; Mossy Creek lid, Is; Nemona —, Is Sid: New River 6Jd, 8d; Okarito 3s 4d, 3s 8d; Skippers —, 3 : }d; Waihi 14s 6d, 15s fid; Blackwater £1 7s, —; Gillespie’s Is sd) Is 6d; Golden Sands 2s 31d, 2s sd; Maori Gully sd, 6d; Mount Lyell £2 13s 6d, £2 13s 7dMount Morgan 18s lOd, 18s lOld. ALEXANDER. The Alexander Goldmines Limited, gold return for February is as follows: Battery Department; 400 tons of ore crushed for 222 ounces 17 dwts melted oold. Cyanide. Department: 258 tons of sands treated for 62! ounces 17 dwts bullion. Total estimated value: £1,975 In add.lion 8.7 .tons ol conceit, bates were saved valued at £245. In estimating the above values, gold has I been taken at 115/- finc ouncc ' NEMONA. The return from the Nemona dredge is 9fioz for 182 hours, 15,000 yards dredged. BIG RIVER. To-day’s report is (hat the reef dis. covered' yesterday in No- 5 level has widened to four feet and l is carrying coarse and fine gold. There is a good deal of water, which is a favourabole indication.