GOLD-MINING
THE PACTOLUS DREDGE. By Telegraph.—Press Association. Reef ton, Monday. The return of the Pactolus dredge is 240z for 100 hours, and for the Worksop 530z lCdwt for 130 hours' work. The shareholders of the Mills Rewawi Gold Mining Company arc to be congratulated on the very satisfactory workings of the mine as now proceeding. Several samples of stone received from the mine were lately sent to the directors of the Bank of New Zealand, Thames, through the local branch, for assay, and the following report was received from the bank on the samples received:— Mark No. I.—Gold, per ton, Gozs lOdwts; silver, per ton, Oozs lOdwts; value, £2B 3s. Mark No. 2.—Gold, 4ozs 2dwts; silver, 2ozs 12d\vts 2grs; £lO 13s 2d. Mark No. 3.—Gold, 2400z5, Sdwts; silver, ]4fiozs .idwU; £07(1 4s j Od. Mark No. 4.—Gold. S2liozs lOdwts; I silver, 4420zs lOdwts; £33.i0 .is. I The long ton of 224011>s is used. .The gold is valued at £4 per ounce and the i silver at 2s per ounce. No. 1 sample is stone from Mills ]>-1 ward claim, No. 2 level; mis. 2 and 31 are from Moturoa claim, new reef; No. j 4 is from Moturoa claim, small loader j cut on surface. i
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Bibliographic details
Taranaki Daily News, Volume LIII, Issue 250, 28 February 1911, Page 2
Word Count
206GOLD-MINING Taranaki Daily News, Volume LIII, Issue 250, 28 February 1911, Page 2
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