From Papua

Cuthbert’S Misima Goldmine Ltd.

piGURES for the monthly clean-up on Octo s ber 23 from Cuthbert’s Misima mine, East ern Papua, compare with the previous two months as follows:

(Gold at £AB per oz.) £6,684 £6,797 £6,345 Value per ton .. .. 46/9 46/9 43/10 Total development for September:—377 ft., 490 tons of ore won from development, 2,415 tons from stoping, total 2,905 tons, average assay: Gold 6 dwts. 5 grs. p.t. Silver: 36 dwts. p.t.

September was the wettest month for some time —29 inches of rain being recorded.

Papuan Apinaipi Petroleum Co. Ltd.

Papuan Apinaipi Petroleum Co. Ltd. reported on November 8 that the Oiapu bore had reach ed a depth of 1,124 ft. Heavy gas at a pres sure of 400 lb. per sq. inch was encountered at a depth of 1,062 ft., and persisted to 1,065 ft. In order to expedite the programme of test boreholes at Oiapu, referred to in the report of Dr. Wade and Dr. Ward, the present well has been plugged, and the drill transferred to the site of the next well.

The Company’s geologist, Mr. Owen, reports that the present bore has given all the geo logical information hoped for, and in view of the data obtained he is of the opinion that it will not be necessary to await the comple tion of detailed geological mapping before deep drilling can be commenced.

The Company decided to make a new issue of 150,000 shares of 5/- each at par, to be offered to shareholders in the proportion of three new shares for every two held.

Gold Mines Of Papua Ltd,

Comparative monthly returns from Gold Mines of Papua Ltd., Misima Island, show: —

Yodda Goldfields Ltd.

The management of Yodda Goldfields Lim ited, Papua, reported early in November that the output for the month of October was 55 oz. 5V2 dwt.

Mr. Ernst Hansen, a representative of an English business house in Japan, mar ried Mrs. Eileen Spencer at Salamaua.

New Guinea, in October. They will join the K.P.M. steamer “Maetsuycker” this month at Port Moresby for Sourabaya and then go on to Japan.

Aug.

Sept.

Oct.

Treated, tons .. .. 2,858 2,905 2,895 Bullion, oz 2,872 2.922 2,575 Gold, fine oz. 822 835 782 Silver, fine oz.

Est. value— 1,939 1,986 1,723

July.

Aug.

Sept.

Oct.

Crushed, tons . 2,190 2,128 2,750 2,540 Gold, oz., fine — — 396 334 Silver, oz. . . — — 1,749 1,220 Value ... £2,575 £2,705 £3,620 £3,050 Residues, gr. . — 6 7 6