Pacific Islands Mining Notes

From Fiji

Loloma (Fiji) Gold Mines N.L.

THE treatment plant of Loloma (Fiji) Gold ' Mines N.L., Tavua, Fiji, after undergoing a trial run in the first week in September, has commenced milling operations. The minimum capacity of the plant is 500 tons of ore a week.

Profitable values were reported by the Com pany in August in extending operations at the 224 ft. levelf at the main shaft. A progress report advised that the south drive off the main oast crosscut at 60ft had been advanced from 94ft to 104 ft. The average assay value of the last 10ft was 18 dwt. a ton over a width of 39 inches.

The present face assayed 21 dwt. a ton over 43 inches. This is the lowest depth at which the Company is operating, and the continuance of profitable values southward will augment! the ore reserves.

Share prices advanced sharply on the Melbourne stock market following the announcement.

Emperor Mines Ltd.

Emperor Mines Ltd. advise that the option over a further 52,450 shares paid to 10/- each has been exercised, and the shares have been issued. Application has been made to the Mel bourne Stock Exchange for the listing of these shares.

Production figui'es for the last three months compare as follows:

Mandated Gold N.L.

Shareholders of Mandated Gold N.L., at an extraordinary meeting held in Melbourne on August 12, were asked to pass a resolution to wind up the Company voluntarily. The directors reported that Fiji Mining Corporation N.L., in which 100 shares were taken up, had abandoned its area in Fiji, and funds would not permit any return to shareholders. It was considered that no

good purpose would be served by keeping the Company in existence.

Tons crushed July 10 2333 Aug. 8 2550 Sept. 6 2176 Head value, dwt 9.4 8.3 9.8 Fine gold, oz 953.7 951.4 963.1 Dwt. per ton 8.1 7.46 9.12