Island Gold-Mining
p. 38 · Read in the full issue
Notes
Gold Mines of Australia, Ltd., has acquired from Mt. Kasi Mines Ltd. (Fiji) the right to inspect and sample, and an option to purchase until 15th February next the Mt. Kasi mine, on the island of Vanua Levu, Fiji. Messrs. C. G.
Gibson, geologist, and K. A. Cameron, mining engineer, left for Fiji on 7th December to make an examination of the property.
New Co. For N.G.
For the purpose of prospecting for minerals and oils in New Guinea, a company, known as Sunshine Gold Development Ltd., with a nominal capital of £100,000 in 10/- shares, was registered in Canberra at the end of December. Messrs.
F. W. Carrington, A. E. Brown, F. George, J.
Ryan, and S. H. Carroll, of Sydney, are the di rectors.
Assays
New Misima Gold Mines assayed gold bullion valued £1378/13/6 for August and £1436/7/4 for September, standard assay value, and paid the usual dividend of 1/6 per share for each month.
Tavua (Fiji) Prospects.
Hon. E. G. Theodore returned to Sydney from Fiji at the end of December. He is interested, with a Fiji syndicate, in the development of the Tavua mine, near the north coast of Viti Levu.
This mine is reported to offer very healthy pros pects.
Congratulations have been showered on one of the Holden Services pilots on a notable feat —11 trips from Salamaua (New Guinea) to Wau in one day, and the last made there and back in 35 minutes! There seems to have been some splendid team work.