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GOLDMINING

RIMU FLAT. Clean-up period 4th September, 1939, 103 hours 27 min. total time digging, 34,513 cubic yards excavated. 151.60 crude ounces gold recovered. BIG RIVER. Gold returns for July and August for the Big River Mine were as follows:—Battery Department: 305 tons of ore crushed for 2050z5. 15dwt s of meltel gold. Cyanide Department: 250 tons of sands treated for 27ozs of bullion. Total Estimated Value: £1,745, In Addition 3 tons 12 cwts of concentrates were saved valued at £llO. In estimating the above values gold has been taken at 150 s per fine ounce.

BLACKWATER. The return for August for Black.water Mines was as follows:—Crushing 4945 tons yielding 2404 fine ounces of gold from all sources, including cleanup of old battery, the value of which, taking gold at 148 s per fine ounce, was £17,788. Working expenses were £9369 leaving a working profit i<|B4l9. Development expenditure was £697 and capital expenditure £746. Development work carrier out durrng the month was as follows:—No. 12 Level North Drive advanced 27 feet in country rock. No. 13 Level South Drive advanced 30 feet nn reef averaging 21 dwts value and 41 inches width. No. 14 Level North Drive advanced 17 feet of which 6 feet were on reef averaging sdwts. value and 41 inches width. No. 14 Level South Drive advanced 41 feet on reef averaging 19dwts value and 30 inches width. No. .14 Level South Drive Backshunt drive advanced 50 feet on reeft averaging lldwts. value and 23 inches width. No. 14 Level Rise at 1710 advanced 10 feet on reef averaging 23dwts. value and 49 inches width. No. 10 Level Winze at 2830 advanced 16 feet on reef averaging 9dwts value and 9 inches width. No. 11 Level Winze at 3015 advanced 8 feet on reef averaging lOdwts value and 17 inches width. No 13 Level Winze at 1510 advanced 32 feet on reef averaging 20 dwts. value an f ] 28 inches width.

the fact that we have very great responsibilities, we should face difficulties in • the good way British people have always faced them,” Mr. Parry said. “Seeing that this is such an important occasion in the history of our country, and that a considerable amount of money has been spent, to carry on will be an example of the determination of New Zealand people to do their job. The people of New Zealand, I am convinced, will feel that that is the position;” ’ I

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA19390907.2.10

Bibliographic details

Grey River Argus, 7 September 1939, Page 2

Word Count
407

GOLDMINING Grey River Argus, 7 September 1939, Page 2

GOLDMINING Grey River Argus, 7 September 1939, Page 2