NEW GUINEA GOLD
PROSPECTS FOR FUTURE •The opinion that Xew Guinea i 3 likely to prove one of the wealthiest gold producing countries intho world uas expressed yesterday by Mr. 1.. A. IX-coto, a noted American mining engineer, who passed through Auckland by the Mariposa on his way to Australia. .Mr. Decoto surveyed and reported on the Uulo'.o gold fields in IP-' 1 and is at present on his way to investigate possible new fields and report on their prospects. . ] "In various parts of New Guinea there is some of the most promising ground 1 have ever seen," .Mr. Decoto said. "As yet there has hardly been more than a scratching of the surface and considerable developments can n<* e:\neeted in the future. 'Hie rough anu hilly nature of the country was a d't"eulty at the start of operations. nM" that has been effectively solved by use of air transport."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19330617.2.60
Bibliographic details
New Zealand Herald, Volume LXX, Issue 21520, 17 June 1933, Page 10
Word Count
150NEW GUINEA GOLD New Zealand Herald, Volume LXX, Issue 21520, 17 June 1933, Page 10
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.