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HIDDEN WEALTH

PROSPECTING FOR OIL AND MINERALS BY ELECTRICITY COSTLY BORING METHODS REPLACED INVESTORS ’ SAVED FROM “WILD CAT” SCHEMES (United Press Assn.—Copyright.) LONDON, Jan. 24. The Daily News says that another chapter in the romance of man s search for the world’s hidden mineral, wealth is opened by recent develop-, ments of the method of seeing underground by electricity. Research tests are being made in Persia-with a view to extending the application of a new process to prospecting for oil and minerals. It is expected to save millions of pounds, replacing costly boring methods and at the same time safeguarding the investors against “wild-cat” schemes. . The discovery is the outcome of investigations made by an Austrian engineer. During war time, while _ engaged in listening-in to conversations by means of wireless earth telephones ho noted the different conductivity of tho various rocks and minerals. The latest Gorman apparatus' includes a portable alternating dynjamo. Iron rods driven into the. earth roughly a mile apart serve as electrodes for the transmission of current earthwards. The receiving gear consists of a frame and aerial connected with an amplifier and; earphones'.. The listener, by moving tho aerial, is- enabled to draw a diagram indicating the deflections of earth currents, from which the exact position and depth of any mineral deposit, water or oil can he ascertained. —Sun.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19270126.2.28

Bibliographic details

Gisborne Times, Volume LXV, Issue 10315, 26 January 1927, Page 5

Word Count
222

HIDDEN WEALTH Gisborne Times, Volume LXV, Issue 10315, 26 January 1927, Page 5

HIDDEN WEALTH Gisborne Times, Volume LXV, Issue 10315, 26 January 1927, Page 5

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