MINING
OKAtRITO RETURN. The Okarito Five Mile Beach Gold Dredging Co., Ltd., reports a return for the week ended December 12th of 560 z ldwt for 124 hours’ work. KAWARAU CLAIMS. WASH SHOWING IMPROVEMENT. DUNEDIN, December 12. • vSo far approximately 150oz ; 'bf geld luvs been won from Messrs Rell and Kilgour’s claim on the Kawarau. The return: last 'week totalled 18oz,-- those for the previous two weeks being lOoz and 30oz respectively. The wash in this claim find aho in that being worked by Messrs R. Bell and l Hoo’jer Bros, is said to be showing '.improvement. Though fin option has been given liy Messrs Bell and Kilgour over their claim no steps lrave yet ’lxseu taken to exercise it, as‘the holder is understood to be waiting ’until th 0 Minister for Mines, through the warden at Cromwell forma,By grants the claim. 'Should the claim Le granted ;u*id the' option exorcised; it i,s believed that the holder proposes to float a oompainy and develop the cb im by means of up-to-date machinery. The purchase price of tlie option, which is held by Mr J. Roche, is £l/5.000, and the vendo"s are to receive 15 pei cent, of tlie gold won.
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https://paperspast.natlib.govt.nz/newspapers/HOG19321214.2.75
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Hokitika Guardian, 14 December 1932, Page 8
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200MINING Hokitika Guardian, 14 December 1932, Page 8
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