Yonki Creek, NG
p. 99 · Read in the full issue
THE chairman of Yonki Creek Gold NL (Mr. A. P. Flockart) has been visit ing the mine in New Guinea and re ports they expect to commence sluicing with the main plant soon.
A 12 months’ option to purchase two dredging and sluicing claims, comprising 130 acres, together with plant and equip ment thereon and adjoining the com pany’s Omapinka, lease, has been ac quired by the company on a deposit of tuDO.
If the option be exercised purchase consideration for these areas and equip ment is £3,000 cash, of which £3OO will be considered part of the purchase money.