NEW GUINEA GOLD
DREDGE BEING SENT
(Australian Press Association.'
SYDNEY, Jan. 6
According lo a well-known mining, engineer, now in Sydney, ten millions worth of gold awaits recovery at the Edie Creek and Bttlolo goldfields in the mandated territory' in Now Guinea. He says rich fortunes have been made there in the first ten years by Australian prospectors, hut the era ol the ’big comnany is now dawning there.
'file first, two big 'bucket dredges for this field have been built at Balmain, in Sydney, and are about- to he transported. They will consist of two thouf-uind five hunlrod tons of dredging machinery, which will be taken in sections over the precipitous mountain in two great triple-engined Junker aeroplanes. One part weighs six thousand nine hundred pounds, making it a stiff' test for an aeroplane. It is expected that a two thousand horsepower hydro-electric plant will lie in operation on the Buloia field in October.
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Hokitika Guardian, 7 January 1931, Page 6
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155NEW GUINEA GOLD Hokitika Guardian, 7 January 1931, Page 6
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