MINING
XOKOMAI COMPANY, LTD. Nokoiuni Hold Mining Company ail vises that the linal clean-up of a trial paddock ol quarter-acre gave a return of 4710 z 4dwi. '1 lie method ol (testing was by tlie usual hytliaiilic sluicing, as the idea was to eonliiiu values as indicated by boreholes. At the standard price of gold the value of this return is £1884.< but at its (iresent price, pills premium ami exchange, it. should realise imt less (ban 629-15. On that basis this is equivalent to a gross /return, of not less than £12,750 p. r acre, which must h - taken as a conservative estimate as Die area ol ground tested i s known (o be under the average for (die whole claim.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19320129.2.59
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 29 January 1932, Page 6
Word count
Tapeke kupu
122MINING Hokitika Guardian, 29 January 1932, Page 6
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in