The gold was in a quartz vein, but it seems to have disappeared
The vein in which the gold was found was obviously one of quartz. There is a fair bit of massive quartz scattered through the bush near by – some of the rock is translucent white and other pieces tend toward a waxy grey or even black. There must be some radioactivity in the rock for this variety of shading to have taken place.
The mine was worked until the early 1900’s and then, as was speculated – they must have lost the vein and closed in 1909 – supposedly it had shifted. Low gold prices made further exploration pointless, but drilling in 1938 revealed some significant amount of gold below – again the gold prices were said to be so low that a mining venture could not be justified. An American company made an unsucessful attempt at revival in the 1980’s.