From Papua

Guinea Gold N.L.

The secretary of Guinea Gold N.L., Adelaide, has received a wireless message from Mr. G. b.

Dyer, who is inspecting the company s properties in Papua, stating that the upper part of the Bubuau claims, where the creek branches, looks hopeful, and the Punjab area also looks encourag

ing. Regarding Tauri area, present results are meagre, but a new line of boreholes is being started one mile farther up the river. On com pletion of this work Mr. Dyer expects to be in a position to give a definite opinion upon the future of the Tauri property.

Misima Gold Reefs (N.G.) N.L.

Directors of Misima Gold Reefs (New Guinea) N.L. recently granted a further extension of the option over the property on Misima Island, Papua, to Oroville Dredging Co. Ltd., for four months as from September 30. In their annual report the directors advise that it was decided after carefully considering the report of Mr. S. Love, the Oroville company’s engineer for Misima, who produced the plans of the developmental work carried out to date, and books showing sampling and assay records. Mr. Love advised that a considerable amount of work had been done on parts of the lode, which disclosed low-grade ore.

He required an extension of time to complete his programme of development at the locations, where the lodes gave much better promise, by sinking three winzes to a depth of 100 feet from the bottom level. The widths and values were erratic, as in parts values as low as 1.5 dwt. were met with, and at other parts, mainly at ■deeper levels, values of over loz. were encoun tered. Mr. Love estimated 25,000 tons of payable ore, with an average value of 5.6 dwt. of gold a ton, had been proved to date, other portions of the lode being low grade. The Oroville company will pay £250 to meet commitments and office expenses. This amount will be deducted from the cash consideration payable, should the option be exercised. Expenditure on profit and loss ac count for the 12 months ended August 31 was £278. At that date the company had £5O in Land, and liabilities amounted to £265.

Misima Central Gold N.L.

A radiogram has been received by the manage ment of Misima Central Gold N.L. from Mr. H. F.

Pearson, mining engineer, who was commissioned to inspect and report on the Ginisea and Tomiera leases on Misima Island, Papua. Mr. Pearson states that the leases are not favourable, and further operations are not advisable. Assays of 80 samples taken gave very low values, 75 being under 4 dwt. a ton. In a few places where values are payable, the formation is not likely to con tinue.

New Misima Gold Mines Ltd.

New Misima Gold Mines Ltd., Misima Island, Papua, reported on September 14 that 1,511 tons of ore were put through the mill in August and yielded 1,125 tons of sand and 386 of slime (this tonnage included six days’ trial run of three shifts on treatment plant) for gold bullion of approximate value of £A3,630. A new reinforced concrete slimes agitating vat has been erected with channel iron lifting gear instead of timber.

Mine work has been carried on as usual; main levels have been extended 102 feet, cross cuts 44 feet, rises 50 feet, repairs to main levels 180 feet.

Monthly dividend, number 46, of 2/- per share was declared.

Later, on October 2, Mr. F. W. Cuthbert (man aging director) reported from Misima Island that for September 1564 tons of ore were milled, yield ing 1146 tons of sand and 418 of slime for gold bullion of approximate value of £A3454. Mine work:—Main levels were extended 99 feet, cross cuts 54 feet, rises 111 feet, repairs to main levels 208 feet. A further monthly dividend (No. 47) of 2/- per share was declared.

Lakekamu Goldfields (Papua)

Development N.L.

Recent operations of Lakekamu Goldfields (Papua) Development N.L. have been retarded by weather conditions, but check boring required by Mr. R. A. Clinton on Camp and Middle Creeks (Twisty Areas) is complete, and boring operations have now been concentrated on the Tiveri River (Twisty Areas), a portion of which was recently pegged on behalf of the company, and the re mainder of the area obtained under a six months’ option as from September 1. This area is believed to contain a large yardage of payable wash, and will augment areas already bored on Twisty. Ex tension of options has been obtained on other areas comprising the Twisty Areas and Tiveri main leases. It is anticipated that in the near future boring operations will have reached a stage per mitting a full report on the company’s properties.

Golden Stream N.L.

Advice has been received by the management of Golden Stream N.L., Papua, from Mr. G. S. Dyer, advising that present results are meagre, but a new line of bore holes is being started one mile further up the river, on completion of which work “ e . expects to be in a position to give a definite opinion upon the future of the Tauri property. Mr.

P. Delme-Radcliffe has also wired asking for ad

ditional parts for his prospecting drill. Under his arrangement with the company he. has for some months piast been out from Bulldog prospecting further areas known to him.

Moresby King Lease

Mr. Travers Black, mining engineer, who has been inspecting “Moresby King” claim on the Astrolabe goldfield (Papua) for Mandated Gold Options N.L. (of which Mr. A. Christie is man ager) left for the New Guinea goldfields to make further inspections for his company on September 27. On his return he will continue his inspec tions on the “Moresby King.” Cross-cutting is proceeding on the claim, and is being extended, all in solid ore, on the No. 4 adit. . A cross-cut, a hundred feet in from No. 1 tunnel, is expected to strike the lode in 12 to 14 feet.

Lakekamu And Astrolabe Fields

Applications for five gold dredging claims were heard by the Mining Registrar for the Warden of the Lakekamu Goldfields, on September 26 and 28 at Port Moresby.

One thousand two hundred and twenty-five

acres were applied for by Vivian Hides, for two claims situated on June and Cassowary Creeks, known as “June” and “Cassowary.”

Five hundred acres by Lakekamu Goldfields (Papua) Development N.L., near Tiveri /River, known as Tiveri No. 2 and 3.

Two hundred and forty acres, by Albert Ed ward Bethune, near Tiveri River, known as Tiveri No. 2.

All applications will be heard on November 25 and 27.

Astrolabe Mineral Field

On September 23, three applications for mining leases, on the Astrolabe Mineral Field, amounting to 82 l /2 acres, were heard and recommended for approval to survey in the Warden’s Court, before

the Warden (Mr. C. T. Wurth), They were Applications No. 113, known as Jobo, of acres, made by P. R. Hinds and C. E. Carr; and Ap plications Nos. 114 and 115, known as “Sapphire” and “Merrie England,” of 30 acres each, by C.

E. Carr. All leases lie to the south of the Rona- Port Moresby Road.