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Reeftoit Mining Notes.

(tfftOSl OtJB 0w& OfIRIiESPONDENT.) Reefton, April 7. The following are the battery returns for the past week : — Keep-it-Dark, 2600z amalgam from 168 tons ; Globe, 2270z amalgam from 175 tons ; Big River Extended, 6400z amalgam (2380z retorted gold) from 120 tons; Golden Treasure, 108oz amalgam from 30 tons. April 9. Globe. — The mine manager reports this afternoon that the reef in No. 1 level going east has widened out to 6ft, with good payable gold. The stopes are looking well. The reef in the west end, No. 2 level; is 7ft, carrying excellent gold. Stoping on this reef will commence at once. The share market has been rather an animated one to-day, business having been done in a number of different lines. Globes stand at between 23s and 245; Progress, 31s to 325; Lone Stars, Is to Is 3d. There are also buyers for Big Rivers, Inkermans, Scotias, and one or two other lines.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18890411.2.29.8

Bibliographic details

Otago Witness, Issue 1951, 11 April 1889, Page 12

Word Count
156

Reeftoit Mining Notes. Otago Witness, Issue 1951, 11 April 1889, Page 12

Reeftoit Mining Notes. Otago Witness, Issue 1951, 11 April 1889, Page 12

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