THE BLUE SPUR CONSOLIDATED COMPANY. (From Our Own Correspondent.)
Lawrence, June 6.
The Blue Spur Consolidated Comp:iny washed up this week after three months' luii'.inp. the very handsome return of 10-J0 ,z 10d»tli'in, he result. Had it not bopn foi occasional tho • < *■■* of water through the frosty" weather, tbe i-suu-us would have been larger. A* tending to show the completeness of this company's goM-fraving appliances, when Sir W. Buller was on a visit to the mine a few months ago he marked a threepenny silver coin and threw it into the elevator, and when washing down the race a few d'tys ago the coin was found by the manager; so tlut if the water doeh not carry away a light article light a threepenny piece they cannot be losing much gold. Another proof of their gold saving arrangements being highly satisfactory is in the boxes on the upper lift, after running for a good many month?, only givine; a return of between seven and eight ounces, which shows pretty conclusively that the boxes in the lower tier through which the stuff first passes catches and saves pretty well all the gold. To anyone connected^ with mining who h»3 not seen hydraulic slnicing on an extensive and systematically worked scale, a visit to the Blue Spur would be time well spent. A HANDSOME RETURN. A wire from Mr F. I£van«, the manager, states that the month's a- turns from the Achilles Goldfields (Limited) is 7b"loz from 750 tons. SALE OF A MINK. Reefton, June 4. The lnkerman property, comprising 265 acres, has been handed over in London for £11,000 cash and 15,000 paid-up shares. The purchase mousy has been lodged in the Union Bank of Australasia pending the completion of the transfer.
SALE OF MINING PROPERTY.
Messrs James Samson and Go. report having sold by auction at their rooms the miniuf property Hercules No. 2, situated at Roxburgh, to Mr John Ewiuf, for the sura of £WSO. The attend* ance was large, and the bidding was spirited; Aleo sold by private contract Mr John Outred's Frtlmeraton Hotel to Mr Malcolm Allan for tho sum of XBBO.
THE BLUE SPUR CONSOLIDATED COMPANY. (From Our Own Correspondent.)
Otago Witness, Issue 2206, 11 June 1896, Page 18
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