GOLD IN NEW GUINEA.

New Zealand Mail, Issue 1261, 30 April 1896, Page 36

GOLD IN NEW GUINEA.

Sydney, April 22. Mr E. (!. Braddou has returned from New Guinea, where, with a large party of Euiopeaus, ho spent several mouths in prospecting.

He states that lie found alluvial gold in considerable quantities in the basins of tho throe principal rivers, also that there is a large area of auriferous country. 11l four months he obtained -l-So/., of which 2Soz was secured in the last week. 'The remainder of tho time was chieJiy devoted to exploring. Though gold exists in largo quantities, Mr Braddou says that owing to the density of tho scrub, the want of roads, and tho high cost of supplies and carriage, it would hardly pay to work at present. If tho country was anything like opened up it would make .all tho difference.

The majority of tho explorers considered the outlook even at present so good that they have returned to the field. The Germans are very jealous of their rights, and refuse to allow tho party to prospect in their territory. The German authorities informed Mr Braddou that the

Emperor had strictly ordered them not to allow encroachment. They also slated that they intended to mako an alteration in the control of the territory with a view to more active interest being taken by the Emperor. As an earnest of Mr Br.addon's statements, the steamer Titus has just brought 1250 z gold from New Guinea.