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

Seven pages of correspondence detailing a 'Permit to Mine' in favour of Messrs W.J. Browell, A.W. Browell and A.R. Hannon, Golden Square, in respect of portion of the area held under Gold Mining Lease No. 9903. Letter dated 23rd February 1937 to J.J. Stanistreet, Legal Manager, South New Chum Syncline, Bendigo from Mines Department, Treasury Gardens, Melbourne confirms the permit held under Gold Mining Lease No. 9903, Bendigo. List of articles taken by Browell on 29th June, 1936, is attached. Draft copy of 'permit to mine' document attached.