New Guinea Gold.
p. 45 · Read in the full issue
Edie No. 2 Vein Struck.
The Mining Trust, Ltd., consulting engineers for New Guinea Goldfields, Ltd., report that No. 1 shaft on Morobe goldfield was sunk 42 feet to a total depth of 108 feet below No. 1 level.
No. 4 shaft was sunk 52 feet to a total depth of 346 feet, and at 340 feet encountered the Edie No. 2 vein, which assayed 13 dwts. gold and 8 ozs. silver over a width of 37 inches. The full width of the vein was not exposed.
The alluvial output for October was 3,274 ozs. of bullion.
Bulolo G.D. Returns.
The Bulolo Gold Dredging, Ltd.’s, yield for the four weeks ended December 5 was:—
Ounces.
Yards.
Value in Dollars.
No. 1 Dredge 238,000) 63,355 No. 2 Dredge 4,290 233,000 59,265 9,083 471,000 122,620