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MINING NEWS .

WAIHI GRAND JUNCTION. ! £10,188 FROM 5800 TONS. ? i■ . ' - ; The JfaSbi Grand' Junction Gold" Company during the period ended August 00, ':- crushed ' arid treated 5800 tons of ore for » return of ISfSoz of told and 8809oz of silver- Takiis . the gold at "the British Mint value of £4 fi»■•' , per 08, this _ works out ;at £7985 15s; , whil« I basing the silver on the latest lioa'don. quota- ' ticn for that metal, namely,. ■ Samper- -the 1 value of that portion •of . th& yield is £2£02 ss. This gives a total estimated return of £ 10,188, -which, compared with the return, for • - the corresponding period of last year, when . 5620 tons ware treated for a return of £6154 l 19s, ehows an apparent increase of £2033 Is. t ? The total amount won ' tram the .mine- to 1 date is £1.907.478 19s. 3d. ",. **[:!*; J : * The following cabled information has been " sent to the head office of the ; company raIjondon—No. . 3 level, Mary lode: At :780ft - east the lode is 108 m wide, with an average assay value of £12 % 6d; both wails are exft posed. No. 4 level, Mary lode; No 7 rise 3 has been advanced 30ft sod is a total Of 90tt ■t above the level; assays from 60ft to 80ft up j. averaged £1 Ss 9d over a width of 49in: the 0 south wall is exposed- No. 5 level, Mary h lode: The drive east has been advanced 3Sft { tot total of 616 ft; assays from sS7ft to 615 ft n average lis 8d over * width of Win; tee ,f south wall is exposed. No. 1 winze has been advanced lift to & total of 45ft; assays from 32ft to 41ft average £1 8s 7d over a width of 55:n; the walls are not exposed. No. 6 level. Marv lode: The drive east has been a advanced 17ft to a total of 730 ft; assays ;- from 713 ft to 722 ft average 17s over * width t of 65in; the walls are exposed. No. a leve«. e Empire lode. The drive east has been adn vanced 32ft to a total of 1182 ft in country rock- No. 8 level. Empire lode: No. 11 winze is down 24ft below the level; .assays to 24ft down average 3s over a. width of 44in; the walls are not exposed. Royal lode, No. d 8a winze: In the crosscut at 25ft down, .ne .1 lode is 237 in wide with an average value or 1 lis 7d; the walls are exposed. i- ■

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19200823.2.9

Bibliographic details

New Zealand Herald, Volume LVII, Issue 17556, 23 August 1920, Page 3

Word Count
417

MINING NEWS. New Zealand Herald, Volume LVII, Issue 17556, 23 August 1920, Page 3

MINING NEWS. New Zealand Herald, Volume LVII, Issue 17556, 23 August 1920, Page 3