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MINING NEWS.

WAIHI-PAEROA. £4650 FROM 15,000 TONS. TOTAL TO DATE, £107,561. Fob the sk- weekly period ended Septemher 26 the Waihi-Paeroa Gold Extraction Company, Ltd., treated 15,000 tons of tailings for a return of £4650. This brings the total of the company's returns to date up to £107,561 fa 5d from tho treatment of 344,200 tons, made up as follows:

In 1119 Tons £ s - A In" 1913 - 91.100 33,811 6 5 1 md - 140,100 42,300 0 0 „ _, . 234.200 76.111 6 5 teW r 1 - 600 **» o o Anrfl of'.q^ ll - J2.200 2,700 0 0 May■ M 'mi* '" J2's2° 3 - 100 ° ° June 20 lit - }?'' 400 4 > loo « ° Jufv is' Itlf - I \' m 3 - 8 00 0 0 :: i^.^ 9 m* ~ ia'Soo 2-288 8 8 „ September' 26,-1914 111000 I'.lsO 0 0 344,200 £107,661 6 5 Total dividends paid to date - , £12,500 0 0

WAIHI. REPORT ON OPERATIONS. ouJ h at r u- 0nthe onions carried weeks endpH ViUhl minc durin the four Batn" n^1 ed '\ UgUSt l states that the eatli north-west crosscut in No 11 level was extended from 163ffc to 247 ft from the Son of ♦ **■ . At 203ffc the main fJhftv i J lde ' and composed of hard flinty qil a rtZ) th Qn £ ££ P t0 , In No - 10 l«vel the west from i°oiQn e . lode was estemted fiora 1019 ft to 1065 ft. The face was composed of quartz and country lamp? ing during the period did not disclose an} payable results. At 681 ft, east of ii s shaft north crosscut, main section, Dreadnought lode, Rifle pass was sunk ofii. lne following values were obr^nT^J Worth £6 7s ld Per ?, n \J - £1 7 * ld per ton; 30ft, £1 ac « , ZLt on - On the Empire lode, at a pent 230 ft west of No. 4 shaft crosscut. Kolker pass was sunk 18ft. The value at 10ft down was 4s 10d per ton, ««1 at 18ft 16s 7d per ion. In the mam. or east, section of Emnire lode. ka.lm.on pass was risen 38ft, at 744ft 1 and a connection effected to the west end of *«« crosscut '» Salmon winze. The value at «* up was £2 5s lid per ton, and at 33ft £1 15s 7d per ton: The level was started at the 722 ft point and advanced to <68ft south, with the following results (samples taken from sft across the roof, with no walls sV>en) :—At 736 ft, J*"*" £1 , I{ fe per to "; 744 ft, 4s lid: 7511t, 5s 3d; 757 ft, 14s Id; 764 ft, £1 5s la. Ihe east section from Trout pass was advanced from 358 ft to 410 ft. with the following results:—At 353 ft r-~**> fo 1 « 5d ,„ p ,, r ton ; 362ffc - Ss 10d ; 386 ft, 12s 3d; 396 ft, 19 3d; 405 ft, £1 6s 9d. The intermediate level, at 65ft above No. 10 level, was advanced from 323 ft to 375 ft. close against the south wall of the lode. The following sample results were obtained from sft across tho reef: —At 305 ft, worth £4 17s lOd per ton; 315 ft. £11 3s; 325 ft, £5 5s 2d; 335 ft £5 17s 7d; 342 ft, £4 2s 2d; 349 ft, £5 9s lOd. No. 9 level. Empire lode, west of No. 2 shaft couth-east crosscut, was extended from 114 ft to 127 ft, with the following' resultsAt 113 ft, worth 7s 10d per ton 123 ft, 15s sd; 127 ft. 18s 2d. Further work in this direction was stopped. At 60ft west a rise, known as Butler, was risen 93ft, and the following i values were obtainedAt 16ft, worth s £s 7s Id per ton ; 23ft, £6 5s 5d per ton. On tlie Dreadnought lode, south branch,; the level was extended east from 133 ft! to 169 ft, with tho following results:— 1 At 130 ft, worth £5 3s 3d per ton; 138 ft, £7 lis sd; 147 ft, £3 13s 7d : 151-fi, £9 Is 6d; 161 ft, £6 8s 8d; 169 ft, £5 15s Bd. At 115 ft a rise known as Gun was being put up, and 19ft was risen. Tho value at 12ft up was £2 8s 5d per ton. When crosscutting from the south gangway to the Welcome lode at 235 ft, west of Skinner's pass, No. 1 sub-level, a branch reef, Bft wide, was intersected, worth £4 13s 2d per ton. It was situated lift south of the main Welcome loJe, and driving was to be commenced on it.

ROSS GOLDFIELDS. Tho superintendent of the Ross Goldfields, reporting on the work done for the week ending September 24, states that the water was rapidly draining off from No. 6 level. In No. 7 level the west drive was out 75ft from No. 7 plat. No. 1 south-west drive at tho intermediate level was extended 16ft, No. v 2 south-west 19ft, and No. 3 south-west 19ft. All these faces were in payable wash. Off No. 1 south-west, and just clear of the old workings, No. 1 northwest was commenced and would be continued to determine the boundary of the pay wash area in that direction. Two other faces were being worked in blocks of the old workings.

AUSTRALIAN YIELD. Tlie gold yield recorded in New South Wales for August was 62010z crude, equal to 50680z fine, valued at £21,529, as compared with 17,8610z* crude, equal to 14,1290z fine, valued at £60,018, for the same month in 1913. The yield for the first eight months of this year amounts to 100,2420z crude, equal to *82,8520z fine, valued at £351,933, as compared with 120,5680z crude, equal to 96,5750z fine, valued at £410,277, for the same period in 1913, thus showing a decrease of 13,7230z fine and £58,344 in value.

Victoria's .gold yield for August was 40,0770z gross, or 37,0810z fine, valued at £157,510. Compared with the yield for August of last year, a decrease -of 41260z fine occurred. The return for the first eight months of the vear was 306,0300z gross, or 285,0690z fine, valued at £1,210,895. The figures show a decrease of 39140z fine compared with the quantity won during the corresponding period of Inst year.

The Queensland gold yield for August was 21,7520z fine, of the value of £92,397, as against 21,7670z finer of the value of £92,460, in August last year. The dividends for the month amounted to £1339. The yield for eight months amounted to 157,3300z fine, valued at £668.294, as against 17b\198oz fine, valued at £756,936. for the corresponding period last year,"' the decrease beino' 20,8680z fine, and £88.642 in value. The dividends for eight months wore £111,589, as against £127,929, a decrease of £16.340.

The West Australian gold output for August amounted to 102,447 fine ounces, valued at £435,169, as compared with 110,169 fine ounces, valued at £467.968. for August, 1913, and with 96.599 fine ounces, valued at £410,327, for last July.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19141003.2.19

Bibliographic details

New Zealand Herald, Volume LI, Issue 15730, 3 October 1914, Page 5

Word Count
1,141

MINING NEWS. New Zealand Herald, Volume LI, Issue 15730, 3 October 1914, Page 5

MINING NEWS. New Zealand Herald, Volume LI, Issue 15730, 3 October 1914, Page 5