GOLD DREDGING.

Greymouth Evening Star, Volume XXXI, 20 August 1901, Page 2

GOLD DREDGING.

The return from the Grey River Consolidated dredge for last week was Boz.

The Hau Had dredge has been working for the past eighteen days satisfactory and wo are glad to loam the prospects are on-. couraging.

Shareholdebs Association The Oamaru Mail states that there is a likelihood of a branch of the newly-formed (Shareholders’ Protection Association being formed in Oamaru. Alterations to the Island Creek will be effected this week. This dredge is to be taken over close to the terrace in order that the ladder may be lowered and buckets removed. Three weeks will be taken up in making the alterations.

Thb Eooklands drat fee obtained 16ozs Bdwts amalgam for 54 hours last woek. The amalgam yields half 8°1“» 80 that the return is very favorable. It I s n ° d'oubt due to the improved sp. ref J“ of tables erected by the dredgema 'Ster, Mr; Inwood.

Garibaldi —The secretary of the Garibaldi Company (Mr D. LesL'«) Bamhes the following information to tbe Otago Daily Times'’:--The annual ropoat and balance-sheet was posted to 8 b shareholders in February last. The ma( jhmery is not yet completed. The engineer informs us that it will be completed in about three weeks’ time. The d ireotors do not intend to take delivery c w send forward any of the machinery uc til it is all completed.

During the last eleven months .Mr T. 'P. Smith the well-known Dunedin, mining engineer has put down 606 net of shafting and 956 feet of bores «a the West Coast. Out of 15 claims prosp acted by him only four were found good, i .brae from various causes, were doubtful, and eight were condemned. This is a fort able illustration of the imperative necessity' for thorough prospecting and in the hgh t of figures such as these the proportion i of working dredges that are p roving pay able must be considered very satisfactory. Shetland Sluicing Company rn the Upper Moonlight, Grey Valley, havo purchased the complete plant of tho Am Sluicing Company, including- the olectne lighting installation. Mr Ti P. Engineer to the Company, forr naliy took possession on the 15th inst and expects to have plans completed and work of construction of race commenced in six weeks time. This property having boen exceptionally thoroughly tested shomld do a good deal towards reviving con fidenoe in West Coast gold mining when or use it gets to work.