GOLD MINING
COMPANY RETURNS. Ngahere return, SOloz. from 99,433 yards for 176 hours. Waitahu return 58oz for 36 shifts of eight hours each, making 116 oz. from paddock. Gillespies’ Beach dredge reports a return of 21 ounces from 16,000 cubic yards in 132 hours. The Clutha River dredge reports a return of 67 ounces for 119 hours. Wellington Alluvials, Ltd., reports that during the lour weeks ended November 9. the dredge worked 481 hours, handling 234,000 yards of material and recovered bullion estimated to contain 1430 ounces of line gold. Bulolo Gold Dredging, Ltd., reports that for the month of October the total gross production amounted to 23,731 ounces of bullion, containing 16,374 ounces of fine gold from 1,765,000 cubic yards. Estimated working profit 8066 ounces fine gold. Placer Development. Ltd., reports that for lhe throe months to November 1. Pato Consolidated Gold Dredging. Ltd., dredged 3,737,000 cubic yards for a recovery of 28,602 ounces of fine gold, and recovered with its hydraulic units 5068 ounces fine gold, the value of the. total production being 1.170,450 U.S. dollars. During the same period Asnazu Gold Dredging, Ltd., handled 275.000 cubic yards, recovering 2339 ounces line gold, equivalent to 81,865 U.S. dollars. :
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Wairarapa Times-Age, 27 November 1940, Page 9
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200GOLD MINING Wairarapa Times-Age, 27 November 1940, Page 9
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