MINING NEWS.
TREATING COMPLEX ORES.
NEW COMPANY'S VENTURE.
The Waiono Sulphide Corporation, Limited, was registered last week with a capital of £50,000, divided into 200,000 shares of 5s each. The first directors are Messrs. C. G. White (Wellington), R. S. Thompson, A. L. Foster, Charles Adams, E. G. Banks (Waihi), J. M. Wilson and J... W. McCoy. The secretary is Mr. S. L. Smith. The object of the company is to acquire the well-known. Zeehan special claim at Waiomo and certain adjoining properties aggregating 590 acres, together with tho plant on the property for the construction of a mill and treatment plant with a daily capacity of 50 tons. The erection of the new plant' had been commenced by the previous owners, who were unable, through insufficient capital, to complete the work. A feature of the new plant will be tho installation of the Minerals Separation and De Bavay's Oil Flotation Process for the concentration of metals. In the past the difficulty of dealing with complex ores, in this case containing gold, silver, copper, lead and zinc, has precluded this mine being brought to the stage of production. It is claimed this difficulty will be overcomo when the new plant has been completed. The affinity between sulphide mineral and emulsified oil. whereby tho particles of sulphides are coated with an emulsion of oil and air causing them to float 011 water, will bo demonstrated upon tho completion of the new plant. Its erection will occupy four months. IMeanwhiiO the development of the mine will bo proceeded with vigorously. REPORTS OF MANAGERS. Albumin.—The drive north on the footwali branch of the Orlando Reef from the crosscut nt the winze has been extended sft., a total of 70fk - Tho reef hero in a strong body of stone sft. wide, carrying nice mineral and silica. Colours of gold aro still soon in the ore. Tho crosscut east from the top of the rise oil the dropper off tho Sons of Freedom Roef has | boon extended 6ft, x a tot»1 of 37ft." Tho country rock here is still of n firm nature, carrying nice flintier At 34ft. in this level a small leader Oin. wide was tut, and {lie quarts! looks well for making gold. The drive north on tho main Sons of Freedom Reef from the top of the rise on the dropper lias been extended fift.. a total of 12ft, The reef here averages sft. wide, and is a Phong body of stone carrying mineral blend and silica, olid looks well for making gold. Repairs have had to bo done to tl.e main levol during tho week. I have also got the brace of winze ready for tho sinking of tho winze. "When tho air winch is in position, a start. will_ bo made to get the water out of the winzo to start sinking again.
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Bibliographic details
New Zealand Herald, Volume LXVI, Issue 20172, 5 February 1929, Page 7
Word Count
474MINING NEWS. New Zealand Herald, Volume LXVI, Issue 20172, 5 February 1929, Page 7
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