Prospectors in the Victorian High Country say they have struck gold near Swifts Creek and hope the discovery could eventually rejuvenate the former logging town.
- Richard Darby has handed operation of his Snowstorm Gully mine to First AU
- The exploration company says early drilling results have been encouraging
- The exact amount of gold in the reef is not yet known
A five-hour drive northeast of Melbourne, Swifts Creek was once a bustling timber town but is now home to just a few-hundred people.
Exploration company First AU started work at Snowstorm Gully last year, chipping rock to map potential drill sites.