MINING NEWS
WAIHI CRUSHING RETURN • ' % w 46560 Z. FROM 18.934 TONS [bt telegraph—own correspondent] WAIHI, Thursday The following information has been cabled to the London office of the Martha Gold Mining Company (Waihi), Limited: For the period ended July 6, comprising 22 crushing days, 18,934 tons of ore were crushed for a result of 4656 fine ounces of gold and 33.234 fine ounces of silver. This includes 1840 tons mined from the Grand Junction area, which vielded 565 ounces of gold and 13S1 ounces of silver, also 904 tons of residues from the old Waihi mill site, yielding 130 ounces of gold and 2049 ounces of silver No. 2 Level. —Lode situated at 10ft. in Hooper crosscut: Driving west the next 31ft., assays 26s 9d a ton and the next 36ft. 13s' 3d a ton. The width of the lode varied from lft. to 3ft. No. 7 Level. — Martha lode, _north branch: Driving west the next 47ft. is ore of good grade but too small for stoping. No. 10 Level.—Ulster Jode, sinking winze: The next 25ft. assays 23s 3d a ton. The width of the lode is about 3ft. No 12 Level. —Edward lode: Driving south the next 35ft. assays 2s 3d a ton. Ulster lodo: Driving west the next 43ft. assays 13s 9d a ton. The width of the lode varies from 3ft. to sft.
YIELDS OF COMPANIES Golden Dawn (Owharoa). —For the 12 working days ended July 8, 355 tons_of ore were treated for a return of £1775, realisation estimated at £7 2s a gold ounce.
BARRYTOWN DREDGING Barrytown Gold Dredging, Limited (Greymouth), has been placed on the official list of the Christchurch Stock Exchange. The company has a capital of £128,750 in 125,000 ordinary shares of £1 each and 75,000 deferred shares of Is each. Ordinary shares are paid to 10s each.
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Bibliographic details
New Zealand Herald, Volume LXXII, Issue 22165, 19 July 1935, Page 7
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305MINING NEWS New Zealand Herald, Volume LXXII, Issue 22165, 19 July 1935, Page 7
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