A Profitable Enterprise. 6^ 



than would admit of appreciable profit.^ Here 

 and there in the deeper levels pockets of ore of 

 extraordinary richness are found. I have before 

 nie as I write a specimen taken from such a pocket 

 estimated by assay to produce a thousand ounces 

 to the ton. This is probably an exaggerated 

 estimate. Another specimen has been estimated 

 to produce twent}'-eiglit ounces to the ton. The 

 average yield of the ore in the deeper levels "\vill 

 probably be found to l^e a little under two ounces 

 per ton. The entire gold production of the 

 Robinson mine since the commencement of the 

 year 1889 up to July 1891, a period of a little 

 more than two years, may l)e stated in round 

 figures at 100,000 tons of ore, realizing 200,000 

 ounces of gold, in value from six to eight hundred 

 thousand pounds. Upon the enormous capital 

 the directors declared for the year 1889 a dividend 

 of five per cent., and for the year 1890 four per 

 cent. They spent moreover out of earnings on the 

 development of the mine, and on new machinery, 

 an amount e(j[ual to these dividends. From 

 October, 1891, when the additional twenty stamps 

 have been erected, making a total of sixty stamps, 

 when the rock-drilling machinery is at work and 

 the chlorination plant set up, the manager expects 

 to get from crushings from 8500 to 9000 ounces 

 of gold per month.- There are employed in the 



' Since the above was written both the processes mentioned 

 have been worked at a good profit, 



- The returns of the crusliings at the Kobinson mine for the 

 month of January, 1S92, showed a production of nearly 12,000 

 ounces of gold, 



F 2 



