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WAIHI RETURN.

/11,668 FROM 3,120 TONS. BETTER AVERAGE GRADE ORE. The announcement previously made that the ore coming to hand from the famous Waihi mine was improving in value has been demonstrated by the result of the crushing operations during the last four weeks. In all 3,120 tons of ore were put through the mill for a yield of bullion valued at /n,668. This brings up the total output from this mine since 1890 to /57i,040 ss. As compared with the previous yields the average value per ton of the ore treated shows some improvement, having reached Z 3 14s 9/4d, whereas the two former averages were £3, 12s nd and £3, 8s yd per ton, respectively. As compared with the June yield 120 tons less of ore were treated this month, while the output of bullion only showed a decrease of Z 155, which shows clearly the enhanced value of the ore treated this time. The following table shows the return from this mine since 1890 : —

Bullion Won— £ 8 d In 1890 In 1891 In 1892 In 1893 In 1894 In 1895 In 1896 In 1897 (to August) - . 21.112 13 6 23.935 5 11 44.888 2 4 .. 61 900 10 11 .. 82827 2 2 .. 120334 2 2 .. 137.321 8 2 78.725 19 10 Grand Total .. s 0

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZGRAP18970814.2.15.2

Bibliographic details

New Zealand Graphic, Volume XIX, Issue VIII, 14 August 1897, Page 234

Word Count
218

WAIHI RETURN. New Zealand Graphic, Volume XIX, Issue VIII, 14 August 1897, Page 234

WAIHI RETURN. New Zealand Graphic, Volume XIX, Issue VIII, 14 August 1897, Page 234