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GOLDEN CROWN MINE

ILu>e,i are + v The directors state that owing to the amount of work found *c whole of the passes are completed ous SS*Sr not f£ ncti(?n with continul ?™SLF r °auction. The rise in the No 4 Jeyel will be continued. A 50-ton par- . eel of ore crushed from this rise £on defrn£ 52 + 4h-' bUt the la?e of product tion from this one point cannot be fast enough to provide the moneys necessary for the works to be undertaken. The report states that "the old ■mSS 811? 8 ass/ y Pla»s show a large block of ore from No. 2 level to^hl surface, a distance of 380 ft. This block SLlw ac^o^ n? to the plans should woduce 54,700 tons of ore valued at £3 a ton with gold at £8-an oz. This ■hows a value of £273,000. This block 2? U V<S efficient ore reserves to keep the Jjattery working for ten years crushing 500 tons a month. In No. 4 1«Il c nse JS now "P a distance of 72ft, the reef is 2ft 6in wide, and ore earning to hand from this develop?nent is being saved for treatment."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19360812.2.111.2

Bibliographic details

Evening Post, Issue 37, 12 August 1936, Page 12

Word Count
195

GOLDEN CROWN MINE Evening Post, Issue 37, 12 August 1936, Page 12

GOLDEN CROWN MINE Evening Post, Issue 37, 12 August 1936, Page 12

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