GOLDMINING

Grey River Argus, 14 March 1938, Page 7

GOLDMINING

MATAKI JUNCTION. MURCHISON, March 12. The Mataki Junction return for the two weeks endea 10th. March, was 121 ounces of smelted gold for 243 hours and thirty-nine thousand yards of material dredged. ARGO. The Argo return is 460 z. for 130 hours and 15,000 yards. WHITE’S ELECTRIC. White’s Electric return for the week ended March 10, was 41 oz. in 124 hours. NEW RIVER. The New River return for the week ended March 10 was. 20oz. from 10,000 yards, in 113 hours. MOSSY CREEK. The Mossy Creek return is 20oz. 9dwt. from 8,700 yards, in 127 hours. EMPEROR PRODUCTION. Fine gold produced at the Emperor mine to January was 33,0710 z. in three years. With the new mills, Emperor and Loloma are expected to produce this quantity in less than one year. MINING QUOTATIONS.

Mining quotations are: —Africa 16s 16s 2d; Argo Is 7d, Is lOd; (contr.) is 3d; Big River —, Is 3d; Gillespie’s Beach —, Is Od; Golden Sands Is 71d, —; Goldfields Dredge 2}d, 3’d; Grey River (10s paid) 12s sd, 12s 9d; New River 51d,' 6d; Maori Gully 4ld, sd; Martha —, 15s 6d; Mossy Creek —, Is 3d; Okarito —, 3s Od; Skippers lAd, l?d; Stafford Dredging (5s paid), —, •3s 6d; Waitahu —, Is 6d; Worksop Extended lid. Is Id