THE TALISMAN MINE.

Taranaki Daily News, Volume LI, Issue 117, 8 May 1908, Page 2

THE TALISMAN MINE.

Per Press Association. Wellington, Last Night. In connection with the Talisman Consolidated mine, it is understood information has been received to the effect that after providing for the six shillings already paid in dividends for the last iinanoiaJ year, there will be left at least £'loo,ooo reserve in cash and bullion in trust after the payment of all liabilities of the company, except the new plant, Ims is an increase of about £20,000 upon the reserve at the end of the previous financial year. The new power and treatment plant, 't is stated, should not cost more than £25,000, which, when paid for, would leave about £BO,OOO still in reserve. _ After a considerable amount of experimenting, Mr. Stansfleld, the manager of the mine, has, it is underl'°°t'• f,^ ed toe problem of the treatwit)) • (l' C 'S ory BU 'pWde ores met' there wilt i, 13 ,erel - Tt is stated there will be no necessity to shin anv mo"t PI^ Cd fl t T e t0 Eng ' and 3 % instalment of the new I C,L f n L Urn .r ed at mine last Hud - i • t 8 prepared, ™ f'J ' Tu 'y it is expected there rJ k n f l eßUmp i on of development thirteenth tel P ° rti ° n ° f the I