N.G. Goldfields Ltd.’s September
p. 16 · Read in the full issue
Report.
THE following report for September has been issued by the Mining Trust, Ltd., consult ing engineers for New Guinea Goldfields, Limited —
Development.
Location 3—No. 1 shaft was sunk 42ft. to 66ft. below No. 1 level.
Location 8—No. 4 shaft was sunk to a total depth of 204 ft.
Golden Ridges Extension—A length of 400 ft. has so far been proven by seven trenches. The average assav of samples from these trenches was 13.08 dwts. gold and 2.3 ozs. silver over an average width of 10.9 ft.
Production.
Mill— The usual difficulties of starting a mill with unskilled labour have been increased by unusually heavy rains. The plant is being run on a small tonnage, and crews are being trained.
The alluvial operating profit for August from the low-grade ground reported last month was £4,823, Australian currency.
The September output has not yet been re ported.