KARANGAHAKE.
Adeline. — The late sensational return of £96 10s per ton realised on six tons from this mine, has placed a mark on the bullion-producing qualities of the local ore that will take some rubbing out. It is to be hoped, however, that the directors of this company will not follow in the wake of the directors in one or two other companies owning minim*- property in this neighbourhood. In order to gratify the grasping greed of the shareholders the directors in question declared dividends out cf the first proceeds derived from their respective mines, without any prorision whatever for future working, and the results of that suicidal policy are now patent to all beiiollers. Woodstock.— The manager is now engaged in forwarding quartz from the low level workings to the furnace, where it will be passed thtough the stonevrusher, and bulk assays of the same will be made by Mr Smith, so as to determine its bullion' value." Diamond. — A new reef About 2ft thick is now being worked Upon in this mine, and tire manager informs me that he estimates its baitery value at fully X)ne and a half ounces per ton.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TAN18860227.2.37
Bibliographic details
Ngā taipitopito pukapuka
Te Aroha News, Volume III, Issue 143, 27 February 1886, Page 7
Word count
Tapeke kupu
194KARANGAHAKE. Te Aroha News, Volume III, Issue 143, 27 February 1886, Page 7
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in