MINING NEWS.

New Zealand Herald, Volume LV, Issue 16936, 23 August 1918, Page 3

MINING NEWS.

, , ' ' ■ ' • . " : ; WAIHI. ; '? " "" r : ■ , , • £25,419 FROM 15,681 TONS. . i : The Waihi Gold Mining Company, during • 1 the period ended August : 10,' crushed and treated* 16,681 torn of ore for ■a' return of ~ ;i . bullion valued at . £25,119. v Compared with f// , the return for the ? corresponding (period of; ) last year, when 15,871 ton*: yielded bullion : valued at £20,850. this shows a decrease ot S";--■J £1487.' : The: total amount iron, from the; ' mine to -date is £12,085,727i-and dividend!, 3 etc., declared to date total £5,053,318 la Bd. ; ) WAIHI GRAND- JUNCTION. : £10,638 FROM 6860 TONS. £ • The "Waihi Grand Junction Gold Mining Company. < Ltd.. . during • the period ended > v August 10) crushed and .treated 6860 tons of v. ore for a return of bullion valued at £10,638 . - lis 3d, Compared • with the return for the /; . corresponding period last year, when 9720 ■ . tons yielded £17,283 8s ■ id, •, this shows a' H ' decrease of £6644 lis lOd. The total amount' -• won from the mine to date is £1,722,190 3s \ 8d and a total of £260,000' has been distri- ■; . buted in dividends. ': '.''. ''::.. -'-';'; ,f j , >'} • The following cablegram has been sent to the London office.of the company:—"No. 8 v . Level.—Empire Football* Lode: The weak, . drive has oeen advanced to 464ft. 1 t From*] 440 ft to 462 ft .the average- value for a width $-> of 49in is £3 9s;Bd per ton, The walls are exposed. Empire Lode; The east drivo ha*been advanced to 694 ft. From 645 ft to 688fl y ~'; : is country rock; from 688 ft to 694 ft is quart* • dipping .to the south the value at 693 ft is {'■ 8s 6d per ton. for a width of s<in. The foot-;; wall is exposed. a Bo;'*! Lode: ; The west 1 drive has been advanced to 406 ft. I The value '.- , for a width of E2in is J'l 9a 6d per ton. No.'.' u' l 7 Level.—Empire Poctwall ■ ■ Branch ? Lode: S.' No. 2 winze has boon sunk •to 17ft. From 1J the level to 10ft # down the average value for#*: a width of 41in is £113s lid per ton. Boyal 1 Lode: No. 9 wins# hfcs been sunk to 40ft,'• From 20ft to 80ft the average value,tor i'C l , width of 46in ie £1 10a 4d ton." i