MINING NEWS

New Zealand Herald, Volume LXX, Issue 21467, 15 April 1933, Page 5

MINING NEWS

operations at waihi [by telegraph—own* correspondent] WAIHI, Thursday The following information has been cabled to the London office of the Waihi Gold Mining Company, Limited: — No. 3 Level. —North branch of Martha lode: Eastward this has junctioned with the Martha lode at 137 feet. No. 4 Level.—At 280 feet west of No. 2 shaft, north-west crosscut, we are crosscutting north-west and at 66 feet intersected the Martha lode, width 25 feet and assay value lis a ton. * No. 11 Level. —Driving west of Power crosscut the next 16 feet is ore of very good grade. The width is about five feet. WAITAHU CALL OF 6d The Waitahu Gold Mining Company," Limited (West Coast), reports that a fifth call of 6d a share has been made on the contributing shares, and is due on April 26. This makes the total calls up to 4s a share, the remaining liability being Is a share. REPORTS OF MANAGERS Golden Dawn (Owharoa). —During the fortnight ended April 8 the drive south on No. 3 reef, intermediate level, has been driven 10ft., a total of 70ft., from crosscut. The reef averages 18in. wide and the ore is of good value. On No. 2 level, the drive north on No., 3 reef from the crosscut east has been extended 7ft., a total of 46ft. The reef averages 12in. wide, but is still split into leaders and the country rock is still very hard. On No. 3 level the leading stope on No. 3 reef at north end has been extended 20ft., a total of 110 ft. The reef averages 2ft. wide and the ore is of very fair value. Stoping has been carried on in three blocks with machines working three shifts ori No. 3 reef. The reef averages 2ft. wide and the ore is of fair value. Stoping has been carried on in three blocks on No. 1 reef with machines working three shifts. The reef averages 2ft. 6in. wide and the ore is also of very fair value.