Sandy Creek Gold
p. 65 · Read in the full issue
ADVICE has been received from Sandy Creek Gold Sluicing Ltd , that during the months of June and July, 1953, approximately 74 ounces 19 cwts of gold were re covered from 18,670 cubic yards of material treated at their New Guinea leases.
Micronesian Monthly reports that Island Trading Co., the co-operative organisation handling trade in the American Trust Territory of Micro nesia, sold its entire 1953 trochus crop to Japan. A consignment of 200 tons left Guam for Kobe late in August. Price is not stated, but reported to be good, with many offers from other buyers.