MINING NEWS
NEW UNA* HILL ISSUE The directors of/ Una Hill Consolidated Gold Mines, Limited (Thames), report that 113 applications have been received for a total of 40,000 shares in respect of the re'eent offer of 20,000 shares to shareholders at par. Allotments will be reduced in proportion to present holdings. YIELDS OF COMPANIES Blount Morgan (Queensland). —i.*tifiuted production f6r four Weeks ended February 7: 56270z. gold and 300 tons CGppfcr; 'also 369 tons blister copper. Mossv Creek (West Coast). —31oz. I2dwt. "from 7854 yds in 131 hours. ' REPORTS OF MANAGERS Una Hill (Thames). —Week ended Febru*ry 'J: The lower incline was advanced to 340 ft. The flow of water coming from reef find lenders has now assumed considerable Proportions. Some delay in progress must bo expected until adjustments nave been made, indications otherwise eontititfti to be favourable. and development' will proceed according to plan.
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Bibliographic details
New Zealand Herald, Volume LXXVII, Issue 23577, 10 February 1940, Page 7
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145MINING NEWS New Zealand Herald, Volume LXXVII, Issue 23577, 10 February 1940, Page 7
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