N.G.G. Development

Rumours of Rich Values In Mountain Near Wau

From Our Own Correspondent WAU, Dec. 6.

TT is believed that a development of major importance is under consideration by New Guinea Goldfields Ltd.—namely the sluicing of The Crater Mountain.

“The Crater” lies hard up against the north-west side of the town of Wau—its lower slopes actually provide the division between Wau and Koranga arid Nami Creeks, where the Golden Ridges mill is situated.

The company has been drilling on “The Crater” for some time, and it is currently reported that tests by the Keystone al ready indicate seven years of profitable work. Drilling operations, however, are far from complete. The report is persis tent that investigation, to date, shows highly encouraging values.

To sluice “The Crater,” a water-race of about 20 miles would have to be brought from the Upper Bulolo, around the back of Wau. All this preparatory work, it is said, would cost £lOO,OOO.

Such a development, of course, would give great impetus to the development of Wau.