GOLDMINING

Grey River Argus, 14 August 1937, Page 3

GOLDMINING

NEMONA. The Nemona dredge return for this week is 90 ounces, from 15,100 yards, treated in 123 hours. QUOTATIONS. Maori Gully 3id, 4Jd; Mount Lyell £2 4s Bd, 2s 4s 9d‘; Okarito 2s, —; Skippers 2id, 23d; Worksop Extended Is 41d, Is 6d; Mount Morgan 12s, 'l2s 11;' Mossy Creek —, lOd; Grey River (5s paid) ss, —; Argo Gold Is lOd, Is Hid; Barry town £1 12s 6d, £1 14s 9d; Big River —, Is fid; Golden Sands Is Sd,’2s Id. MARTHA. AUCKLAND, August 12. The following information has been cabled to the London office of the iJlartha Gold Mining Company (Waihi) Ltd.: “For the period ended July 31, comprising 22 crushing days, 18,573 tons of ore. were crushed for a result of 5441 fine ounces of gold and 24,886 fine ounces of silver. This includes 1965 tons mined from the Grand Junction area, which yielded 484 fine [ounces of gold and 1466 fine ounces |of silver. No. 2 level, north branch of Martha lode: In crosscus at 200 ft. west driving east. Next 37ft assays 13/3 a ton, the lode being about three feet six inches wide. No. 6 level, north branch of Martha lode: West of Espier crosscut next 27ft of driving is ore of good grade, about two feet six inches wide.”