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WAIHI.

The London directors of this company evidently intend to put through large quantities of ore each month in order to increase the output of gold, for instructions were cabled from Home to commence at once the erection of a new 100 .tamp mill for the Waihi Company on a site on the banks of the Oliinemuri River, near Earle’s Hill. Here a freehold of 50 acres has been secured, besides which a machine site was also obtained. Water rights sufficient to drive from 160 to 180 stamps have also been secured. The site for the new battery is about six miles in a direct line from the Waihi mine, and it is the intention to convey the ore to the mill by means o! a steam tramway. When completed this will give the Waihi Company 190 head of stampers. WAIHI PROPRIETARY. The directors of this Company have decided to commence at the shaft nearest the Waihi Company’s ground, and to bore at least 100 feet further than at present. Arrangements were also made for boring below the depth of the present shaft, which is down 127 feet. WAI Hi EXTENDED. A meeting of directors in this Company was held on Thursday, at which it wae decided to considerably extend operations in the way of develop ng the property and let a contract forthwith for sinking a shaft.

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZGRAP18951116.2.41

Bibliographic details

New Zealand Graphic, Volume XV, Issue XX, 16 November 1895, Page 621

Word Count
228

WAIHI. New Zealand Graphic, Volume XV, Issue XX, 16 November 1895, Page 621

WAIHI. New Zealand Graphic, Volume XV, Issue XX, 16 November 1895, Page 621