MINING
BLACK WATER MIN ES. The Blackwater Clines return For /September is as f'qllows:—Onisl'xl ft7GO tons lor a return of 1324 line o',s gold valued at £5622. Working expenses, £5342. In addition tue furnace treated 75 tons concentrates for a return of 105 fine ozs gold valued at £446. Working expenses, £l3O Working profit is £SB/". Development expenditure, £573 capital expenditure £32. Loss over ail is £lB but gold premium to be obtained to the value of £3lB results in a profit of £2OO.
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Hokitika Guardian, 11 October 1930, Page 5
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84MINING Hokitika Guardian, 11 October 1930, Page 5
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