THE RICH SYLVIA MINE
Deep level development work to place this rich mine on its initial output of 25.000 tons of ore per annum is now under way, and will be pushed to completion with all possible speed. Further endorsement of the development of the Sylvia continues to be received from eminent mining authorities. Mr. 10. G. Banks, Consulting Mining Engineer of Melbourne, and a director of the famous Loloma Mine (Fiji), after perusal of the fullest data in reference to the Sylvia, writes: "In view of the past production from this mine, and the nature of the ore recurrence, there is good reason to consider that the results obtained in this bore completely justify the expenditure necessary to open up the mine at depth. ... 1 shall follow with great interest the future development of the mine, and I thank you for having sent so much information." The wealth of information published in connection with the current issue of new capital will satisfy the most careful investor that dividends from the Sylvia are likely to exceed those of any mine either in New Zealand or Australia. Let us forward you all information. —Brokers and Underwriters' Association (Organising Brokers), 315 Dilwortk Building.—P.B.A.
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Bibliographic details
New Zealand Herald, Volume LXXVI, Issue 23381, 24 June 1939, Page 11
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201THE RICH SYLVIA MINE New Zealand Herald, Volume LXXVI, Issue 23381, 24 June 1939, Page 11
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