Reported Gold Discovery

A "Fizzle"

Reported Gold Discovery In New Guinea

THERE seems now to be no doubt that the so-called Highlands Gold-Rush, in New Guinea, is a complete fizzle.

It is said that there is one European in near Wabag, working on gold, but that there is nothing to justify a rush.

The reports which were circulated, and caused such a stir, were apparently the result of one rumour being built onto another equally unreliable—until the whole fabric toppled.

The truth probably is that the Wabag find was merely a valuable little deposit, suitable for a small syndicate, and that Messrs. Black, Leahy, Blood and Sear som were unfortunate in that the “rush” caused them to forfeit any chance they had of getting in on the new gold in a worth-while way.