Page 9 Advertisements Column 1

Otago Daily Times, Issue 22208, 10 March 1934, Page 9

Golden Golly Sluicing & Development * • Provisional Directors: LEONARD DAVID RICHARDS, Company Director, Christchurch. ISAAC WOOLF, ' Company Director, Christchurch HERMAN BICKNELL, * Public Accountant, Christchurch WILLIAM ROBERT HENEY, ' Company Director, ,Christchurch. v - GEORGE MORGANPOWELL, v • Mining Engineer,.Westport • JOHN ALEXANDER SPARROW, Company Director, Dunedin interim Secretary: B. J. WOOLF, Commerce Bldgs. A.P.A., N.Z., A.1.A., N.Z. ' \ Investigated and recommended by THE MINING RESEARCH CO. LTD* . CHRISTCHURCH. COMPANY LIMITED (TO BE INCORPORATED.) 3' N W 066 6 4 it Z Z Z Z •S « « « « If a a a g. 1 ill! Q 99 (O IS 99 S «r s h © o W & N a * * 9 111 i ft C/2 CO n I a I w - v a a « a ft' a O H I 13 Q a & © fc ft g a e S. \ ... A'l’ ' & r/''"V' 1 v e ' • 1 > v iiiliiiiil* 8 , ’ jf ’ ‘ v * ■•;*.!* 1 *?.■ ' ' • 4 kv v ;vr ■ ' . ; c\' v... ",\ vr ■ . 'S' ,T. u'-e ir,!>. 4 ' HMHi H tm B&SKS3 J tVA*.*. s: O-’ V \\\* ' \ \\ \ \ * •.-'•-■? t •• • • l|(l |tr- r 'mi m Pm wmm r 'r\M. K: sm 3^-wa JiiJjiE GOLDEN GULLY MINING AREA, SHOWING EXTENT OF GROUND TO BE OPERATED ON (Approximately 800 acres). SITUATION AND METHODS OF WORKING The Company’s claims, which exceed 600 acres, are situated at Para Para, Collingwood, and most of this is maiden ground. • . . The method of working the foothills, is by hydraulic sluicing and elevating. The low-lying flats will be bored to ascertain the gold content, and dredging will be the ultimate method ot treatment in portion of the Company’s claims. INVESTIGATION v ' n . . , , . The areas have been fully investigated and favourably reported on by the following independent mining and civil engineers : H. VICKERMAN (Vickerman & Lancaster), Wellington. , G. M. POWELL. Mining Engineer, Westport. H. S. BURLEIGH, Mining Engineer, Christchurch. JOHN HENDERSON, Mining Engineer, Christchurch. . . Sir Tames Hector, K.C.M.G., M.D., F.R.S., made a very complete survey of this area in 1890-91, and his full report is available in the Prospectus. I i, v ;.<• .• ;-i ‘ .. ' ,v ' ‘ • VALUES ■ The average of 27 samples taken by Sir James Hector was 16/6 per yard. Two of these were hulk tlsts of ever 100 yards. Eighteen samples taken by Mr H. S. Burleigh disclosed an average «ue of 19/9 per yard with gold at £4 per ounce. For the purpose of estimating profits, values C ten conservatively placed at V- per yard,, so that ample margin has been allowed for * contingencies; , , “Thcrc is at least 30 years’ work ahead of the Company, and as the Company controls the only 1 -X pressure Water supply, other areas are available when required. WATER SUPPLY The Company ‘commands a water supply of 50 heads from the Para Para Dam delivered at 600 ft ■ OTWure or 3201 b to-the square inch, at the nozrle, thus providing sufficient power to elevate to depths of 100 feet and more. This supply will be available all the year round. TESTS MADE BY SIR JAMES HECTOR, K.CM.O* M.D., F.R.S. (Director Geological Survey Dept 1890-1891) Sample 1. 3 dwts, 15 grs. per ton Sample 3. 6 dwts. 10 grs. per ton Sample 2.2 dwts, 5 grs, per ton Sample 4. 5 dwts. 19 grs. per ton i A ton is approximately one cubic yard. BULK TESTS No. 1. Open Cut Measuring 60ft x 60ft x 20ft, or 300 loads, produced 15 ozs. = to 2 dwts. per yard. The bottoms of the gutter was not reached in this excavation. No. 2. Open cut produced 4 ozs. from 120 loads =to 1 dwt. 8 grs. per yard. No. 3. A tunnel 70ft x 4ft x Bft, or 80 loads, produced 18 ozs. = to 7 dwts. per yard. A load is approximately f yard. ' SHAFTS : No. 1 depth 120 ft Payable-gold value throughout. Bottom not reached. No. 2 depth 30ft Average returp, 32 dwts. per yard. Bottom not reached. No. 3 depth 40ft Average return, 32 dwts. per yard. Bottom not reached. Dr. Von Hochsetter’s Estimates : The surface values of this area at £750,000 per sq. mile. EXTRACT from REPORT by Mr. G. M, POWELL, MINING ENGINEER, WESTPORT “Before proceeding to deal specifically with the several phases involved in any comprehensive scheme , / may say that the values, as far as we had any means of ascertaining them , are distinctly good and the water supply and pressure under which it can be delivered leaves nothing further to be desired, and there is ample warrant without further prospecting of launching out on a comprehensive scheme of suction elevating” PROSPECTUS WOW AVAILABLE ON APPLICATION TO THE ORGANISERS, PERRY & CO. LTD. - - Box 659, CHRISTCHURCH 2,! ; 2!S '“ BuMta "