Greymouth Evening Star. AND BRUNNERTON ADVOCATE. THURSDAY, DECEMBER 5, 1901. A MONTH'S RETURNS.
The month's dredging rtturns are now available and afford a very fair indication of the prospects of an industry yet in its infancy. November returns are as follows:
The list gives us 22 dredges, working 83 weeks and returning 2,351 ounces of gold, This gives an average of 107 ounces per dredge. Taking it by the weeks we have an average of 28 ounces Gdwts per dredge per week. As 12 ounces per dredge per week will cover all working expenses, it will be easily seen what a fair prospect is before the industry. A few more duffer claims will doubtless require to be weeded out, but sufficient has now been seen and proved to show that gold dredging on the Coast is going to be a lucrative investment.
r6 Q> M u o d DREDGE. o 1 [ a ■d o 5 ozs. dwt. Pactolus w 5 385 8 Buller Junction 5 222 5 Greenstone Junction 5 204 16 Nelson Creek 4 197 0 ATI 5 17(5 16 Leviathan 5 154 19 ilokoia 5—« -127 12 Red Jacks 1 5 « 5 • 101 6 North Beach • 97 10 Hokitika Eiver 5 • -92 2 Reeves' Proprietry ... 4 - • 87 0 Greenstone Creek ... 4 ' > 74 9 Han Hau ... 4 « ■ 70 19 Kohikohi 3 ' • 63 8 Grey Consolidated ... 4.55- 8 Grey Eiver 3 ' 52 5 Erickson's Reward ... 3 5014T Ihaura 3 39 10 Stafford-Waimea 2 36 4 Three-Mile Greenstone 1 24 0 *Rocklands 2 21 8 *01d Diggings 2 19* 10 83 2351 16
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Greymouth Evening Star, Volume XXXI, 5 December 1901, Page 2
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262Greymouth Evening Star. AND BRUNNERTON ADVOCATE. THURSDAY, DECEMBER 5, 1901. A MONTH'S RETURNS. Greymouth Evening Star, Volume XXXI, 5 December 1901, Page 2
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