MINING COMPANIES

Wanganui Chronicle, Volume 76, Issue 115, 18 May 1933, Page 9

MINING COMPANIES

ALEXANDER REPORT. The report of Alexander Mines for the month of April last shows that No. 2 winze-No. 3 level north was continued to a depth of 12 feet. A fault was disclosed in reef formation. Sinking had to be suspended. No. 3 intermediate south, driving continued. Lode is very small in face, only few inches of stone showing. Winze off No. 3 intermediate south, started below intermediate and sunk 6 feet. When sinking commenced stone was 18 inches wide and gradually tapered out leaving only reef track showing in bottom. No. 4 crosscut rise, was started 330 feet from mouth of No. 4 crosscut and put up 24 feet. No. 4 cast crosscut was started from face of main level north and extended 18 feet in good solid country. Driving will be continued for another 120 on. Battery: 384 tons sent in and 390 tons crushed for return of 191 oz. 12dwt. of melted gold. The cyanide department during the same period treated 285 tons of sand for 78oz. 16dwt. of bullion. The total estimated value of this return is £lOOO (exclusive of premium on sale of gold abroad and premium on exchange). MURRAY CREEK GOLD MINE. Directors of Murray Creek Gold Mining Co. report that a small staff has been engaged in reopening and repairing of the surface (battery) level, over one thousand feet in length, connectii\g with the main haulage shaft. This level commands the whole of the surface workings and a large tonnage of ore previously developed. Until the shaft is put in working order connecting with the above at a depth of 200 feet from the collar of same, it is not possible to utilise the surface workings or battery plant economically and expeditiously. The appointment of a certified mine manager was made by the board in January, and the main policy of the company immediately proceeded with. Overtures wore made to the Inangahua County Council to put the road leading to the mine in working order. This involved construction of a bridge and extensive repairs covering a mile in length. Until this was accomplished the mine was isolated, as the transport, of essential equipment was impossible. The purchase of a suitable boiler to work the winding plant was made by

the board and has been installed. Repairs to poppet heads have also been put in hand. In addition, the purchase of a cottage for the mine manager, and 12 workmen’s huts, have been made from the Public. Works Department. Whilst the above covers the salient features during the period named, quite a number of otb Ar matters that have a bearing on tne general scheme have been attended to. The dispute between the Miners’ Union and the board has boon satisfactorily adjusted. Under skilful management at the mine every attention has been given to details and the work has been dona economically and speedily and in the best interests of the company. The unwatering of the mine will take place as soon as repairs to the poppet heads are completed, and a much larger staff will then bo employed, pushing the enterprisn ahead. Under the circumstances outlined above, the directors state that shareholders may look forward to the future with full confidence in the enterprise and the commercial success of the undertaking at an early date.