Papuan Gold Search.
Good Prospects on Gira and Yodda.
From Our Own Correspondent
Pt. Moresby, Nov. 28.
Preliminary work on the Yodda and Gira Rivers, in the Northern Division of the Territory, and on the Musa in the north-eastern, inland from Collingwood Bay, have all been sufficiently encour aging to justify further prospecting, boring and drill testing operations.
Messrs. A. L. Joubert and George Arnold, two experienced prospectors and prominent men of the Morobe gold field, are well satisfied with their out look on the Upper Gira, which is now said to be one of the richest fields in Papua.
Mr. Ward Williams, on the Yodda, is optimistic and on the Musa the pros pectors are more than pleased with their undertaking. At Misima, in the Luisiade Goldfield, the New Misima Gold Mines Co., Ltd., is still working successfully and paying regular divi dends. The Company, in its last year’s operations, treated 10,879 tons of ore for a return of 4,699 ounces of gold, valued at £14,398/18/8.
