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MINING AT CHARTERS TOWERS.

Messrs Mylas and' Co., agents, report:—'The output, for the month of March waa 1t>,632' tons ]9cwts for 72210zg Tdwts 29s;:ra of ibullion, value .£25,262 9s 4d : 517' tons of concentrates for 329Q0z-'5 4dwta 1-Jgrs of gold, value £]3,176; 4?.oOozsi of silver value £430; 36 torn of lead value £468. The cyanide .-.works treated 15.450 tonsjdof 'sands) fci- 8035 ounces 16dwt. of bjuilion, .vnltiei £12,----886 4si 7d. In addition, 12ozs lchvfc lO^ra of alh-.vial- s was recovered, vafue .£sl 6si Dd; 3 tons 7cwls; of I tin, value £-332 10s, and 2cwts 3qrs of alluvial tin, value <£J3. Totalvalue cf the yield l( foV the month, £53,419 10a Bd.'The-calls'for the month total £4271 17s 2d and the dividercls £6837 10?, Tlie progress of development in several of: the important minTs is highly satisfactory, in fact at two of the mo.'vt influential poiits," the discloisures of the past month' have lioien of the greatest prospective volue. In Mills' Day Dawn United the oi ye in thoi deeper levels, for some time palst, ha-3 ibeen irregular in value, but latterly the Nb. 14 east level has, for 100 ft, disclosed' a strong and improv^cf i*sf. This pioint is about. 1000 ft east; of -thei main andei'lie, and" consequently it has .beien decided to discontinue the No. 21 e.;ist undtarlie to further develop what■' is apparently a: new and considerable lens of ore. The vslue of the development is inoi'eas^d iby its situation on the boundary of the New Brilliant Frediolda at a greater, cle^ptli tbar. that yet attained' in that Company's workings. Tlih projecited extension of the undei'lio from No. 4 west level in that- p.'inei becomes therefore of jsreat importance in regard to'ihe future, as it may at any time enter tha new lens piesent on the boundary.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS19110425.2.4.2

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XLVI, Issue 10350, 25 April 1911, Page 1

Word count
Tapeke kupu
300

MINING AT CHARTERS TOWERS. Thames Star, Volume XLVI, Issue 10350, 25 April 1911, Page 1

MINING AT CHARTERS TOWERS. Thames Star, Volume XLVI, Issue 10350, 25 April 1911, Page 1

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