The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 May 1957Vol. XXVII, No. 10

Clutha Will N[?]

p. 24 · Read in the full issue

Gold Ridge

Clutha Will N[?] Proceed

THE high hopes that Golo Guadalcanal, would pro’i British Solomon Islano tectorate with a new indust! been dashed.

Clutha Development Comj subsidiary of Placer Develo which was prospecting and! there from April, 1956, to of the year, will not go on t project.

Assays of samples taken v high enough to justify thy scale expenditure that won been necessary.

Clutha withdrew its pc from Gold Ridge in Janu made no announcement oth that it was “for the durr the wet season.”

The High Commissioner Western Pacific, Mr. John: discussed Clutha’s decision! proceed, at the meeting of ti Advisory Council in Hon A.pril. He said that it was blow to hopes of a mining in the Protectorate but the o had spared neither money ■ in exploring what was a deposit and the Governmi grateful to them.

He said that in recent inquiries had been receive' other firms interested in j and everything was being encourage the discovery of T mining deposits. Results assay of phosphate depo Bellona were awaited.