Historical information

South New Chum Syncline
South New Chum Syncline Gold Mines, N.L., has been floated with a capital of £27,500 in 55,000 shares of 10/ each. Forty thousand have been issued at 1/,10,000 fully paid shares go to vendors,
and 5000 will be held in reserve. -
Messrs. Savage and Nicholas report that the issue was heavily over-subscribed. The property is situated in the central portion of the Bendigo field, adjoining such former
producers as the Victoria Quartz. Lansell’s Big 180, North Old Chum and New Chum.
(Bendigo Advertiser, 29th September 1932).

Physical description

Three copies of the seven page 'South New Chum Syncline Gold Mines N.L. Inventory', two partially incomplete. One copy is annotated with the name 'Browell' beside items. Pencil written calculations on other entries showing prices. Documents are from the Margaret Roberts Collection.