MINING NEWS.
THE STANDARD TIN MINING CO.
Mr B.C Wood, legal manager of the Standard Tin Mining Company, informs us
that he has received advice from the mining manager that there are five
tons of dressed tin at the mine ready for shipment. A sample of this tin
has been assayed by Mr B. H. Woodward, who reports that it contains 69.5
metallic tin.
LARGE SALE OF MINING SCRIP.
On Tuesday a large sale of forfeited shares took place on behalf of the
Caledonian G.M. Company. Some sixteen thousand shares were sold, the
highest price paid being 3 3/8d. per share.
YILGARN G.M. COMPANY.
We understand that highly satisfactory reports have been received from the
manager of the above mine. At present, crushing operations are being
carried on by a spring dolly, and by this primitive means only the
crushing averages show from 4 1/2 oz. to 5 oz. By the last mail from
Yilgarn, a parcel of gold weighing 8 1/2 ounces was received, and it is
now expected that the returns will pay the working expenses, besides
providing for further opening up and developing the property.
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