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MINING

MAHAKIPAWA, LTD. | Advice has been received from the j mine manager that the wash up for the week produced 27 ounces alluvial gold. . .. , - KING SOLOMON DEEP LEAD; >,J IN.VEECAR.GILL, Juno : '24. The wasli-up at the King Solomon Mine for the week totalled 31oz sdwt. BELL HILL SLUICING COMPANY. A circular letter from the chairman'--, to shareholders outlines the. progress-,! of the work done during the last few • months at 'the company’s mine fat’; 1 ' Ahaura. 1 The letter stales that tbe watei I rights of Deep Creek are now under control by a dam which was completed and closed on June 2nd, and this is tbe | means of accumulating a large area of water. From this dam to the pen- ] j stock (near the-face), there have been i I constructed 133 chains of fluihing.--.cap-. ! able of carrying 45 heads, this being: approximately 75 per cent, in' excess of the capacity of the old flume. - Oh I the flume line itself there are seven tunnels .which have proved very deceptive as to cost of putting in order. This work is fully completed. The flume is act ually in use at the present moment, | water being used for removing the i gravels in the paddock in front of the face. Approximately 500/000 super j feet of timber have been used during development work. At tbe present time the tail race is being blocked in readiness for the “putting through” of the gravels in the paddock which will in turn expose the rock bottom of thepaddock. Arrangements have been l made to cut an open tail-race to alloy', the bottom of the face to be expeditiously treated. Shareholders particularly those who subscribed for shares at the inception of tbe company, have, had a long wait, but the Board is con- ! fidmit that the future will justify the delay. ' j THE KAWARAU RIVER. j Cromwell shareholders in Tvauaiau interests, and there are a good many, | ;h-(' concerned more to-day with the proposals for the future than the past historv of tin 1 concern (says the “Gromwell Argus”). It was confidently anI urinated that, following the receipt j ,-f '.ivofess'm- I lorn.JIG I'ODort by U’e directors of the Amalgamated Company : -- March, some inlm'inalim as to the future may have been forthcoming, hut nothing in that direction has been done. Many, too, who have closely , • i...,| t|i*> ivor for vears, have suggested a- move in the direction el ip.r I ho m'les. It can safely be said that the liver, with (he gates open. ■ ..... ... lever V'itli I he gates dosed during the last fortnight a very km mark would have beep touched, and

we are confident enterprising unemployed miners would have won gold, which would have given the whole scheme a great deal of favourable publicity, without in any degree affecting final results. Some means could surely have been devised of meeting the position towards a closing. Handled on proper lines the bogey of insurance could be set aside as the gates could he opened at any moment. Tim general opinion is that a “dog-in-the-manger” policy is being adopted by some interested parties in distant parts, and there lias even been talk of approaching-:' the Government in the matter, Local shareholders would willingly agree to a closing and to give the unemployed a free hand. Even if that is not approved by those in authority, work could he permitted in such a manner as to ensure the company getting the benefit of tbe gold won after allowing tlie miners a decent wage for their work. Gold production is being urged on a'l '•'ties and apa\t fr m immediate results, the Kawarnu would receive a boost by reason of operations, which whl be carried out under nroSf .pt conditions. However, shareholders j,ro enxioiislv awaiting some infm-mn-tion as to the position of the while scheme.'

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19320628.2.14

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 28 June 1932, Page 3

Word count
Tapeke kupu
638

MINING Hokitika Guardian, 28 June 1932, Page 3

MINING Hokitika Guardian, 28 June 1932, Page 3

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