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GOLD RETURNS.

HAURAKI GOLDMINING COMPANY. ANOTHER BIG YIELD. 210 TONS RETURN 2.3680Z5. The monthly return from that now famous Coromandel' gold producer, the Hauraki mine, was announced on Saturday and was again an excellent one. During the month 210 tons of ore were crushed, which yieded 23680 z ISdwtsofgold worth £3peroz, making the value £7,106 14s. Last month the yield was 2,319.iz5, so the present return is an increase of about 50oz. Thi- makes the output of gold from the Hauraki mine for the year total up to 26,6370 z Bdwts, valued at £79,912 4s Od. WAITEKAURI RETURNS. INCREASED OUTPUT OF GOLD. During the past four weeks 158 tons of ore were crushed at the 10 stamper battery on the Golden Cross section of the XVaitekauri Company's property for the satisfac tory return of £775 17s Id worth of bullion. The average value of the ore is, it will be seen, well maintained at close on £5 per ton. Since August the returns from this mine have been steadily growing. TRY FLUKE. The yield from this mine for the past month was 2310 z of melted gold, 108 oz being from the battery, and 1230 z from the cyanide p'ant. This is a slight increase upon the previous month’s returns. NEW WAIOTAIII EXTENDED. A crushing of 20 loads of quartz from this mine has just been completed for the highly remunerative yield of 360 z 16dwt melted gold, valued at £2 18s per oz. The reef from which thia ore was obtained has averaged over l£oz of gold for the past four crushings, and is 18 inches thick, while it traverses the whole length of the property. This mine adjoins the May Queen property at the Thames. MAY QUEEN. Tributera in this mine still continue to get good returns for their labours. This week Peploe and party of tributers in the Trenton section of the Maj' Queen mine completed a ciushing of 14 loads of general ore and 1001 b of picked stone for the magnificent yield of 1650 z of melted gold. VICTORIA. The crushing of 32 loads of quartz from the Prince Imperial section of this mine yielded 270 z 12dwts of melted gold. This return, though small, is of great importance, as it proves that the recently discovered reef will pay t > work, and as it is situated in a section of the ground from which very rich yields were got in the early days, it is possible that another good run of gold may be met as the work is proceeded with. CROWN. During the past month 442 tons of ore were treated at the Crown Company’s battery, Karangahake, for a return of bullion, the assay value of which was £2,120. As exactly the same quantity of ore was treated the previous month, and there was only £lO difference in the yield, it is evident that the ore is of a very regular average value.

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https://paperspast.natlib.govt.nz/periodicals/NZGRAP18951123.2.41.11

Bibliographic details

New Zealand Graphic, Volume XV, Issue XXI, 23 November 1895, Page 654

Word Count
489

GOLD RETURNS. New Zealand Graphic, Volume XV, Issue XXI, 23 November 1895, Page 654

GOLD RETURNS. New Zealand Graphic, Volume XV, Issue XXI, 23 November 1895, Page 654