Peak Hill (Western Australia)

Peak Hill is the name of a gold field, a region, a gold mine and ghost town in the Murchison region of Western Australia, Australia.

The town is located 885 km north-east of Perth and 120 kilometers north of Meekatharra. The gold mine covers an area of ​​2,162 ha, in which four mines with the name Main, Jubilee, Fiveways and Harmony are operated in open pit mining.

In neighboring areas, there are significant deposits of ores, however, lead to no gold. Neighboring deposits include the Horseshoe Field.

Early discovery of gold there was in this area already in the 1890s by William John Wilson in 1892., The settlement was in 1897 appointed to the city, and there was more gold discoveries in the early years. The mine produced 270,000 ounces of gold in 1913 ago. and as Peak Hill was also referred to in a national newspaper as an outlying gold mining town in the 1920s and 1930s.

Walker was the owner of Peak Hill General Store until 1954, when he came to the farm of his daughter (nee Campbell) McCourt Farm, Peppermint Grove Beach, South of Capel. Walker was the last resident of Peak Hill, who lived there permanently.

In the 1970s, the place became a ghost town with few residents, but mining activities developed in the 1980s again. and there were funded approximately 650,000 ounces of gold. The mining operation was in decline in the 2000s. Montezuma Mining Company Ltd took over the mine of Barrick Gold and Rio Tinto in August 2007 with a payment of $ 1 million and $ 600,000 environmental bonds. Montezuma received in January 2008, a written assurance by Cunningham Securities on the financing of a further exploration of deposits from a stockbroker. Montezuma needed $ 3 million to give priority to drill into four areas in hope that there is gold in an area where so far 900,000 ounces were found.