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MINING

N EMONA. The Nemona dredge return is 84 ounces for 118 hours and 13,800 yards. NOKOMAL “Owing to the abnormally dry season a certain amount ot working time was lost, but given normal seasons, the directors look forward with confidence to the future,” says the sixth annual report of the Nokomai Gold Mining Company, Ltd., tor tin* year ended March 31.

The net operating lass lor the year was fc2f>46 against. £628 last year. Gold won amounted to 1136uz, compared with 2031 os! last, year.

The direciors’ report states that the hydraulic elevating and gravel pumping was begun on June 1, 1937. and

except temporary stops lor adjustments lias continued up to tin* present*. The two 12in Thompson gravel pumps installed (luring file year have proved themselves quite capable of coping with" the Nokomai gravel and wash as well as attending to seepage and nozzle water. They have fully come up to the directors’ expectations and are proving eminently satisfactory and constant in tlieir work.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19380618.2.30

Bibliographic details

Hokitika Guardian, 18 June 1938, Page 5

Word Count
166

MINING Hokitika Guardian, 18 June 1938, Page 5

MINING Hokitika Guardian, 18 June 1938, Page 5