MINING NEWS.

New Zealand Herald, Volume XLVII, Issue 14427, 21 July 1910, Page 3

MINING NEWS.

WAIHI GRAND JUNCTION.

RETURN OF £11,122.

TOTAL TO DATE, '£327,315.

During the four-weekly period ended the 14l:h insfc. the Waihi Grand Junction Gold Mining Company crushed and treated 6300 tons of ore for a return of bullion valued at £11,122. This, when compared with the return for the preceding four-weekly period, viz., £10,909 from 6300 tons, represents an increase of £213, and, as compared with that for the corresponding period of last year, when 4835 tons gave £7601, it shows an advance of £3521. Though the increases represented should give satisfaction to shareholders, still further cause for gratification should bo felt in the fact that the present is the third five-figure return reported in succession from the mine, and with the in J creased milling plant being installed and the important developments taking place in the low level still better results may be looked forward to. As showing the rapidity with which the mine is becoming one of the great bullion-producers of the Dominion, it may bo mentioned that the returns reported from it during the past half-year aggregate £66,853 10s, which, compared with the total for tho corresponding period of 1909, gives the big advance of £25,278 Is 4d. The total output from the mine during 1909 being £99,916 3s Bd, it will be seen that this year's yield should easily eclipse it. Tho total value of the bullion won from the mine to date is £327,315 2s Id, as shown in the following table of details: — £ a. d. Total to end of 1907 89,626 14 8 In 1908, 40,050 tons ' .... 70,918 13 9 In 1909, 59.147 tons 99,916 3 8

Total £260,461 12 1 January, 1910, 4410 tons 6,830 0 0 February, 1910, 5479 tons 10,021 10 0 March. 1910. 6480 tons 8.770 0 0 April, 1910, 5247 tons 7,830 0 0 May 19, 1910. 6336 tons 11.371 0 0 June 16, 1910, 6300 tons- 10,909 0 0 July 14. 1910. 6300 tons ... ' ... 11,122 0 0

Total to date £327,315 2 1

The mine superintendent, cabled the London office of the company as follows yesterday:—"Ran 35 stamps 2% days; crushed 6300 tons: value. £11,122. Martha lode, No. 5 level east, 711 f t; low grade. Martha lode. No. 5 level west, north reef, 140 f t; width of milling ore, 68in. No. 2 lode, No. 5 level east, No. 6 rise, „ risen 24ft; width of milling ore, 45in. No. 4 lode, No. 5 level east, 976 ft; width of ore 47in; low grade; from 863 ft to 881 ft, width of ore 48in; value of ore is £3 Is. Royal lode, No. 5 level east, 693 ft; width of ore, 69in; value, £2 2s. Crosscut, at 690 ft, driven crosscut 60ft, exposing 37ft; value, £2 3s 9d. Have the hangingwall, but not found the footwall. No.- 1 shaft is now down to 1010 ft."

KOMATA REEFS. £1610 FROM 800 TONS. TOTAL TO DATE, £351,540. The Komata Reefs Gold Mining Company during the four-weekly period. ended July 9 crushed and treated 800 tons of ore for a return of bullion valued at £.1610. This represents an increase of £97 upon the return for the previous month, when £1513 was obtained from 860 tons, but, compared with that for the corresponding month of last year, when 800 tons (yielded £2444, it shows a falling off of £834. The expenditure on revenue account during the past four-weekly period was £1284, and on capital account £241. The value of the bullion ■ won .from the mine to date is £351,540, as shown in the following table of details: —. I £ 8. fi. To eYid of 1907 ■ 273,176 0 0 In 1908, 28,270 tons ... 44,309 0 0 In 1909, 13.390 tons ... 24,418 0 0 Total ... ... ...£341,903 0 0 To January 22, .1910, 770 tons ... 931 0 0 To February 19. 1910, 870 tons ... 1.378 0 0 To March 19. 1910. 840 tons ... 1,443 0 0 To April 16, 1910, 1060 tons ... 1,490 0 0 To May 14. 1910, 880 tons ... . 1,272 0 0 To June 11, 1910. 860 tons ... 1.513 0 0 To July 9, 1910,' 800 tons ... 1,610 0 0 Total to date £351,540 0 0