The revival of the mining industry at Captain's Flat after a long period of years of inactivity has attracted attention to the importance of the ore-deposits of that field as potential sources of supply of lead and zinc. Mindful of the necessity for taking stock of the State's mineral resources, the Department of Mines of New South Wales as part of its programme of geological investigation, carried out a survey of the oredeposits and associated country rocks during 1938 and 1940.Surface geology was mapped in detail and all available exposures were examined and logged. Unfortunately, and this condition militates against the formulation of conclusions because of insufficiem.t data, some of the older workings, notably in Keating's Section, were inaccessible and the logging of levels and stopes is by no means as complete as could be desired. However, with the progress of development and exploration, further information of geological value will come to hand for incorporation in supplementary reports. It may be expected that, under such circumstances, modification of certain statements herein expressed may be necessary but it is not anticipated that any vital alteration will be occasioned.Within the State of, New South Wales, Captain's Flat ranks second to Broken Hill as a pqtem.tial producer of lead and zinc. In addition, large quantities of iron pyrites are available for the manufacture of sulphuric acid which finds application in the superphosphate industry.The mines are now controlled by an operating company known as Lake George Mines, Ltd., incorporated in New South Wales, the parent organisation being the Lake George Mining Gorporation Ltd., registered in London.Over 600,000 has been spent by the Company in exploration, mine development, surface plant, housing and water 'conservation, while the State' Government constructed a branch railway from Bungendore at a cost of 200,000. The various activities consequent upon these development and construction programmes and the prospect of employment in the industry has led to a rapid increase in the population of the township.The State, generally, has benefited to the extent of a substantial contribution to the relief of the unemployment problem, and it is hoped that reasonable permanency will be assured to some hundreds of workers for many years.