Victorian gold rush resuming in both of the major fields of Bendigo and Ballarat. Exploration also proceeds elsewhere, for example, in Glen Wills, an isolated mountain area near Mitta Mitta in north-eastern Victoria. Victorian gold rush The Victorian gold rush was a period in the history of Victoria, Australia approximately between 1851 and the late 1860s. It led to a period of extreme prosperity for the Australian colony, and an influx of population growth and financial capital for Melbourne, which was dubbed "Marvellous Melbourne" as a result of the procurement of wealth. The Victorian Gold Discovery Committee wrote in 1854: For a number
Australian gold rushes managed by the National Trust of Australia (WA) states:The gold rush transformed the Western Australian economy as gold production soared from 22,806 ounces in 1890 to 1,643,876 ounces in 1900 and this was matched by the fourfold increase in WA's population from 46,290 in 1890 to 184,124 reported in the 1901 census. Gold was rediscovered near Tarnagulla on 6 November 1906 (Melbourne Cup Day), when a miner who had prospected the district for years obtained seven ounces of gold from a shaft nineteen feet (6 metres) deep. With some fairly large nuggets being found soon after, the so-called Poseidon rush,