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Various

"Chambers's Edinburgh Journal, No. 430 Volume 17, New Series, March 27, 1852"

Here ends our narrative for the
present; and a most instructive one it is. The search for gold, our
informant tells us plainly, is a mere lottery, its results depending
almost wholly upon chance. Plenty as the metal is, it frequently costs
twenty shillings the sovereign's worth; and, in short, we are at that
point of transition when the mania is dying away, and the science has
not begun. When capital and skill are brought to bear upon the process
of mining in Australia, it will become a regular, though by no means a
miraculously profitable business; and even at present, steady
labouring-men may spread themselves over thousands of miles of the
auriferous creeks, if they will be satisfied with a profit of seven or
eight shillings a day.
According to his experience, the place to look for gold is in the
neighbourhood of distinct traces of volcanic action, or in small
streams coming direct from hills of volcanic formation, or rivers fed
by these streams. An abundance of quartz (commonly called spar) is
universally reckoned an indication of the presence of gold; and if
trap-rock is found cropping up amid this quartz, and perforated with
streaks of it, so much the better. Sometimes the solid quartz itself
is pounded, and gold extracted by the aid of quicksilver.


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