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MINING

ON THE KAWARAU. BIG TUNNELLING'- PROPOSITIONS. ; • ■ Dunedin, Jul y 12 - The Amalgamated,Eiatfarau Company has adopted ProfMsdr jkorneil’s recommendation to , build-' another dam below the junction of IheV.Kawarau and the Arrow '-rivers.' . H?he, estimated - cost• -is |£ 100.000 and the’ ha-pital of •the , new company - probably will [be £350,000.. : J t -n<jwv transpires thatVithe. first three • schemes .. submitted, by . Professor Hornelji /were ..&iganfcid 'tunnelling -pro-. ; posi tioiis.. The . first.' • proposal - .wasy. a, mountain funnel from .Lake -.Wakatipu to .Milford .Sound. This was th 6 one which Professor Hornell '.favoured,, and for,-which he was [ quite confident .'.he could , raise the vast siim required. The object, of this 'scheme was not merely gold • production, but the manufacture of nitrates; - The llextseheme was v . to put :• !a ! cut: ffidrti CrdffiWetf through the Iflat ,t<? th^,Kfiw ( LraU x then through Mount Difficulty ,ito WaitiUi and from Waitifi through tile pgiiiffi sula.. The estimate for this was £3od,= 000. The third scheme was to -drive a tunnel from Arthur 1 * Point to. tha Frankton Arm, to divert, the Shotover into'the lake, the cost being £100,000: WAffll RETURNS. 1 6177QZ. OF GOLD IN 22 DAYS. The following information has been cabled to the London office-of the Waihi Gold ‘Mining Oompahy, Ltd. : For the period ended June 25, comprising twenty-two crushing days, 18,302 tons, of ore were crushed for a resu’L of 6177 fine ounces of gold and 41,114 fine ounces of silver. This includes 1817 tons mined from the Grand Junction area, which yielded 853 fine ounces of gold and 4701 .fine ouiices o'f silver; .

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19320715.2.75

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 15 July 1932, Page 7

Word count
Tapeke kupu
258

MINING Hokitika Guardian, 15 July 1932, Page 7

MINING Hokitika Guardian, 15 July 1932, Page 7

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