Papuan Prospecting
p. 34 · Read in the full issue
Company
From Our Own Correspondent.
Pt. Moresby, June 9.
The Brown Prospecting - Company, re cently registered in Canberra with a nominal capital of 100,000 shares of 2/each, has been registered in Papua as a foreign company.
Mr. A. Edgar Brown, the managing di rector, and a well-known mining expert of Sydney, arrived in Port Moresby in May by the Macdhui from Australia. With him were Mr. W. G. Harvey, Mr. J. Minahan, both practical mining men, who had been in the Territory previously.
The Company proposes to prospect for gold in many parts of the country. Al ready Mr. Minahan has visited the Lake kamu goldfield. Mr. Harvey, it is under stood, has left for the Eastern Division.
Their first objective is to prospect; then funds will be made available later upon the discovery of any suitable propositions worthy of development.