Australian gold rushes a £1,000 reward as "the first actual producer of alluvial gold for the market". The following goldfields were discovered in New South Wales during July 1851: On 20 July 1851 gold was found near present-day Castlemaine, Victoria (Mt Alexander Goldfields) at Specimen Gully in today's Castlemaine suburb of Barkers Creek. The gold was first found by Christopher Thomas Peters, a shepherd and hut-keeper on the Barker's Creek, in the service of William Barker. When the gold was shown in the men's quarters Peters was ridiculed for finding fool's gold, and the gold was thrown away. Barker did not want his
Otago Gold Rush Only a few years later, most of the smaller new settlements were deserted, and gold extraction became more long-term, industrialised-mechanical process. Previously gold had been found in small quantities in the Coromandel Peninsula (by visiting whalers) and near Nelson in 1842. Commercial interests in Auckland offered a £500 prize for anyone who could find payable quantities of gold anywhere nearby in the 1850s, at a time when some New Zealand settlers were leaving for the California and Australian gold rushes. In September 1852, Charles Ring, a timber merchant, claimed the prize for a find in Coromandel. A brief gold rush