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Poverty Point Gold DiscoveryPrint Page Print this page

First Gold Discovery
First Gold Discovery

Photographs supplied by Kent Watson / Graeme Saunders

Commemorates the Poverty Point Gold Discovery.

When the news spread of gold discovery at Buninyong, it was overrun with prospectors. John Dunlop and James Regan left and moved to Ballarat where they discovered a richer field on 21 August 1851. However a newspaper man had followed them and noticed their work. As a result, they only had the richest gold field in the world to themselves for a week.

By the following year there were around 20,000 diggers searching in the shafts of the Ballarat Goldfields. Due to this population explosion, Ballarat was proclaimed a town in 1852. By 1855, Ballarat was a municipality, a borough by 1863 and a city in 1870.

They did not receive any part of the rewards which had been offered for the gold discovery, although Dunlop`s wife remembered that he discovered his weight plus 14 pounds in gold. Dunlop later became a butcher and died in 1873. The monument is a tall granite obelisk, capped by a larger square stone.

Location

Address:Barkly & Eureka Streets, Fraser Reserve, Ballarat East , 3350
State:VIC
Area:AUS
GPS Coordinates:Lat: -37.566508
Long: 143.866572
Note: GPS Coordinates are approximate.
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Details

Monument Type:Monument
Monument Theme:Technology
Sub-Theme:Industry
Actual Event STart Date:21-August-1851
Actual Event End Date:21-August-1851

Dedication

Actual Monument Dedication Date:1940
Front Inscription

Poverty Point.

Near this spot on or about August 21st 1851 John Dunlop and James Regan found the first gold at the amazingly rich Ballarat diggings.

Erected by the Ballarat Historical Society 1941

Source: RUMV,VMR
Monument details supplied by Monument Australia - www.monumentaustralia.org.au