A New Gold Co. For
p. 108 · Read in the full issue
New Guinea
GOLD MINES of New Guinea NL has been formed in Adelaide to investi gate and prospect gold-bearing alluvial deposits reported in New Guinea on an old German plan. Nominal capital is £lOO,OOO, in £lO shares, on which 1,500 are being offered for public subscription payable £5 on application and the balance shortly after allotment.
The areas to be explored are described as being in the central highlands, and were mapped by an expedition headed by Lauterbach, a German sent to New Guinea by his Government in 1892 to re port on industrial and mineral resources.
The proposed field party will be headed by Mr. C. Coldham, consulting engineer, who, after examination of the Lauterbach documents, states that the proposition, “although speculative, is justifiable.”
Directors of the new company are Messrs. I. McLachlan, W. P. A. Lapthorne, H. W. E. Thompson, L. A. R. Evans and J. R. Holden.
Were it not for the strong directorate this might be written off as just another of those old German-pickle-bottle-full of-gold-stories with which New Guinea abounds.
It is, unlikely, however, that the area investigated by Lauterbach was the Central NG Highlands as we know them to-day. There has never been any sug gestion that the Germans ever penetrated that country. The location that will be investigated is probably more towards the Ramu.
The activities of this company will be watched with interest. New Goldmining enterprise in NG has been lacking in re cent years.
Mr. A. L. Moore, Consultant on Visual Aids to the Director of the Australian Commonwealth Office of Education, in January visited Fiji in connection with a visual education project of the Research Council of the South Pacific Commission.
He is to investigate by demonstration and experiment the potentialities of the 16 m.m. sound and silent projector and the 35 m.m. strip film projector as educational media for South Pacific communities.
