New Guinea Goldfields
p. 41 · Read in the full issue
The monthly returns of production and estimated profits of New Guinea Goldfields, Ltd., are as follows:
Bullion, oz. — Dec.
Alluvial 2,412 Mill 1,900 Estimated profit- Alluvial £4,816 Mill 10,563 Fine gold.
Development—Location 3. West drive on No. 3 level reached fault zone at 368ft. Average value of ore in drift for 365ft. from No. 1 shaft 13.25dwt. gold and 15oz. silver over width of 28in.
Jan. Feb. 1,644 .. 2,005 1,941 .. *1,796 .. £7,200 ., £4,400 11,500 .. 11,850