MINING NEWS.
At the annual meeting of the Roxburgh (Otago) Amalgamated Sluicing Company, the report stated that the value of gold won was £8,847 16/2. Five dividends of 6/- per share had been paid, equal to 12J per cent. Peploe and party, tributers in the Trenton section of the May Queen mine, Thames, banked the handsome yield of 2070zs retorted gold from eight loads of quartz and a parcel of picked stone. Thieves have been busy at Barrytown (we learn from the Grey River Argus) robbing the tailraces. Hillery and Walsh lost £2O worth of gold, and Quinlan and party suffered to the extent of about £6O.
The following are the Reef ton mining returns for the past week; —Big River, 200ozs amalgam from 106 tons sione ; Keep-it-Dark, 78ozs amalgam from 64 tons stone; Hercules, IBlozs amalgam from 106 tons stone; Progress, 1570zs amalgam from 220 tons stone; (all top plates only); Alpine, 216£ozs amalgam from 145 tons stone, general cleaning up, making 187ozs gold for the month. The Buller redge obtained 49ozs Sdwtsd gold for 136 hours’ dredging.
MAHAKIPAWA.
HANDSOME RETURN.
210 OUNCES FOR FOUR WEEKS
WORK.
(From Our Own Correspondent.) Cullensville, June 10.
The King Solomon mine started on Monday last to clean their main bottom and finished the same with the handsome return of 1940z5, and still have good gold to start. They made a start to drive down creek again last night. This makes 210ozs for four weeks work. The gold is a fine sample, including several one, two, and four ounce pieces. Out of the 100 ft of ground now being worked down creek from their main shaft over 700ozs of gold has been won. They are at present working in front of Law’s hotel. Their new fluming and wheel is now finished with the exception of the two connecting-rods which are being built. This speaks well for the flat, and we hope soon to see some more enterprising companies make a start.
The creek claims are all under water excepting the Boys’ Own, which obtained 2ozs for the last week’s work.
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Bibliographic details
Pelorus Guardian and Miners' Advocate., Volume 6, Issue 46, 11 June 1895, Page 2
Word Count
347MINING NEWS. Pelorus Guardian and Miners' Advocate., Volume 6, Issue 46, 11 June 1895, Page 2
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