MINING
BLACK WATER MINES LIMITED. Returns for June, 1931.—Crushed 4,080 tons yielding 1,677 fine ozs gold, valued at £7,122, working expenses, £5,277. In addition the furnace treated 85 tons of concentrates for a return of 107 fine ozs. gold, valued at £580; working expenses £123. Working profit is £2,302. Development expenditure, £694. Capital expenditure, £l5O. Profitover all is £1,458.
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Hokitika Guardian, 9 July 1931, Page 7
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59MINING Hokitika Guardian, 9 July 1931, Page 7
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