MINING.
The latest, return from the Murray's Freehold is 430z for 100 hours' work, not 530z a 6 published yesterday. The following cablegram has been despatched to the London office of the Waihi Gold Mining Company :--No. 11 level, Edward lode: Driving south from, Spratt crosscut, 31ft was driven, 521 ft to 552 ft, value 7s 6d a ton; Empire _ lode, east of Bath crosscut, 32ft was driven, 392 ft to 424 ft, value 27s Dd a ton; Royal lode, west of Princcs drive, 36ft was driven, 20ft to 56ft, value 9s 6d a ton." For the period ending April 15 the Waihi Grand Junction Company treated 10.300 tons for a return of bullion yalued at £16,066 2s lOd. Compared with the figures for the corresponding period of last year, when 10,010 tons yielded £17,573 4s 2d, the present return shows a decrease of £1507 Is 4d. The total amount of bullion won from the mine to date is. £1,283,177 8s lid, and tho total dividends paid to date £160,000. The following is a copy of a cablegram sent to the London office of the Waihi Grand Junction Company:—"No. 7 level: Empire footwall lode, west drive—Breaking down from 500 ft, to 510 ft; the average width is Bft; high grade. No. 7 level: Royal lode — The west drive has been advanced to 851 ft, the average width is 4ft 9in, value £1 2s 8d a ton. No. 3 rise (at 780 ft) has been put up 27ft; the average assay value is £3 per ton."
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Bibliographic details
Otago Daily Times, Issue 16684, 3 May 1916, Page 6
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255MINING. Otago Daily Times, Issue 16684, 3 May 1916, Page 6
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