WAIHI GRAND JUNCTION.
PROMISING OUTLOOK. (Pes Press Association.) WAIHI, March 4.The Waihi Grand Junction gold mine has recently entered upon more extensive operations. The reduction in cost of mining and milling is very considerable, and the present returns show a good margin of profit. A much larger tonnage will be treated in future, with practically no addition of cost, as the plant and staff is sufficient to deal with a larger tonnage than is being treated at present. Ample ore ie available, the Royal going east is, states the superintendent, opening up particularly well, which is important, as it gives a considerable length of run before reaching the Waihi reef's boundary. The superintendent further mentions that the present development work in the mine is very satisfactory, and that in his opinion the No. 5 level has been 6O little developed that a great deal should be discovered in the near future. It is intended to push forward all development work by opening up new drives and faces. Tenders will be called at an early date for sinking a shaft for the No. 6 level.
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Bibliographic details
Manawatu Standard, Volume 9157, Issue 9157, 5 March 1910, Page 2
Word Count
184WAIHI GRAND JUNCTION. Manawatu Standard, Volume 9157, Issue 9157, 5 March 1910, Page 2
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