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MINING NEWS

MOUNT KASI DEVELOPMENT Reference to ivido _ reorganisation undertaken during 1937 was ma'de at the annual meeting of Mount Kasi Mines, Limited, Fiji, by tho chairman, Mr. t'>. J. Coo to. He stated that as .1 result, considerably improved returns were now forthcoming. A director, Mr. R. J. D. Richardson, said the company had a good chance of becoming an important gold producer. Payable gold had been proved to exist over a wide area and steps were being taken shortly to ascertain if it persisted at depth, by diamond drilling or bv shaft sinking. . Air. Richardson added that recent■ development held out strong hopes that there would soon be enough proved reserves to justify the. installation of. < further plant to deal th° he cfficientlv than was present one treatment P' a " c - __

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19380526.2.35

Bibliographic details

New Zealand Herald, Volume LXXV, Issue 23047, 26 May 1938, Page 9

Word Count
133

MINING NEWS New Zealand Herald, Volume LXXV, Issue 23047, 26 May 1938, Page 9

MINING NEWS New Zealand Herald, Volume LXXV, Issue 23047, 26 May 1938, Page 9