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MINING NEWS

WAIHF. £25,389 FROM 15,254 TONS. < . 1 TOTAL TO DATE, £11,226,372. * > Ptjsino the period ended May 6 last the ! ; Waihi Gold Mining Company crushed and J treated 15,254 tons of ore for a return of 1 bullion valued at £25,889. Compared i with the return for the corresponding ; period of last year, when 15,738 tons ' ' yielded .£25,766, this shows an increase of 1 ' £125. t The total value of, the bullion won from the mine to date is £11,226,372, as shown in the following table of details :— To end of 1907 . . .. . , 6 2 go lid ft d ft In 1908, 393,214 tons .. 930 511 O 0 In 1909. 416 813 tons . . 9™ 694 « 0 In 1910, 442 020 tons . . . 928 100 O 0 In 1911, 350,699 tons . 679 116 O 0 iS Hit; iliaSl ton!:: :: Hi;f|| § § In 1915, 192,333 tons .. .. 327,396 0 0 PS ending- " • • '"."MM ° ° February 12, 1916. 20,837 tons 33,607 0 0 March 11, 1916, 15,993 tons 26 147 0 0 $? Zi l e ß ' 1916, 15,356 tons . . 26 295 0 0 May 6, 1916, 15,254 tons . . 25,889 0 0 Total to date .. .. £11,226,372 00 ] Total dividends and bonuses ~~" paid to date £4,805,364 14 8 : The following is a copy of a cablegram ' forwarded yesterday to the London office °* j the company:— 11 level: Edward Driving south from the Sprat crosscut, 28ft driven; from 591 ft to 619 ft the value is 14s per ton. At 597 ft south the " lode is' 18ft wide, and the value 3s 9d per ton. Empire Driving east from the Bath crosscut, 32ft driven; from 448 ft to 480 ft the value is 30s per ton. At 438 ft oast the lode is 25ft wide. The first 10ft is valued at 54s per ton; the last 15ft is worth 4s per ton. Royal lode—Driving west from the Princess drive, from 68ft to 94ft, the value is 5s per ton. UNITED. The manager of the United mine, Maratoto, reports that the bad weather experienced last week hampered outdoor work, but operations in the mine proceeded steadily. The tramline in the main level is practically completed, and the water-table is finished. At the battery the framework of the stone-crusher building is well advanced. NEW WAITAIA. Two shifts are being employed in the New Waitaia mine, Kuaotunu, on a rise in the extreme north block above the low level. It is probable that quartz will be encountered in another week, with a possibility of getting values before that time. There is little change in the stopes above the intermediate level, the north end giving fair prospects both in the loose and solid stone.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19160519.2.11

Bibliographic details

New Zealand Herald, Volume LIII, Issue 16233, 19 May 1916, Page 3

Word Count
439

MINING NEWS New Zealand Herald, Volume LIII, Issue 16233, 19 May 1916, Page 3

MINING NEWS New Zealand Herald, Volume LIII, Issue 16233, 19 May 1916, Page 3

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