GOLD RETURNS.

New Zealand Graphic, Volume XV, Issue XXII, 30 November 1895, Page 686

GOLD RETURNS.

WAIHI COMPANY. ANOTHER BIG YIELD. £10,119 FOR THE MONTH. OUTPUT TO DATE, £337,051. The regularity with which the famous Waihi mine returns over £lO,OOO per month from the treatment of ore worth about £3 5s per ton augurs well for the future of the Upper Thames district when the areas taken up by English capitalists are worked on similarly systematic lines. For the 28 days ending Nov. 16th, 3,069 tons of ore were treated by the company’s p’ant for the excellent yield of £10,020 worth of bullion, and another £69 was obtained, some tailings making the total yield £10.119. The return is not quite equal to last month's, which is attributable to the fact that 120 tons less of ore were treated this time. The average value per ton was about £3 5s 6d. This return makes the total output for the eleven months of the present year amount to £102,580 as against £70,392 for a similar perio I in 1894, an increase of £32,188 for 1895, with still a month to run. The rate at which the cru-hings are increasing each year may be estimated from the following figures : —lB9O, £20,930; 1891, £23,9.34; 1892. £44.883 ; 1893, £61.895; 1894, £82,820; 1895 (for eleven months), £102,580. The total output of bullion from this mine since 1890 has been £337,051. KAPAI VERMONT. The past month's returns from thia mine

was also satisfactory in that although the tonnage treated was 44 tons lees than the previous crushing, still the yield of gold only showed a falling oft of 3oz, which of course means that the ore treated was of better grade this month. Since last return 311 tons of ore were treated for a yield of 5790ze of melted gold, worth about £1,395. The total output of gold from this mine since February, when crushing commenced, is £12,730