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DAY BY DAY.

DORAM DOOLETTE’S luck,

Doram Doolette is the name of the extremely lucky gentleman who, in consequence of the Bullfinch mine boom, has suddenly become a millionaire. He was the son of a tailor in Adelaide. In the early days of the Western Australian boom —1894, 1895, 1896 —Mr Doolette, senr., became interested in Western Australian properties, and in the early part of 1895 sent his sou Doram, who had beecn studying medicine, over from Adelaide on behalf of a small American syndicate to conduct prospecting operations. Here, on his first trip, owing to going off on his own line and not following the directions given, he just missed pegging out the great "Golden Horseshoe” mine. Brookman, the discoverer of the Great Boulder, gave him the hint to peg out the adjoining section, but Doolette became associated with the Octagon syndicate, which was financed by Mr W. R. Wilson, of St. Albans, near Geelong, and branched off up country as far as Niagara and Menzies instead of keeping within the environs of the Golden Mile. Golden Mile is the original name given to the big reef upon which Coolgardie and Kalgoorlie are built. The reef “peters out ” at each end, and it has been the aim of prospectors to discover where the breaks lead to. This has at length been discovered, evidently in the Bullfinch mine, which is proving so fabulously wealthy. Mr Doolette found three prospectors with an interest in the discovery, and purchased at least one share for ,£ioco. Subsequently, when it was discovered in a measure how rich the mine was, he allowed the original seller to re-purchase one-sixteenth interest for jCiooo. Now, it is interesting to note the Bullfinch Proprietary has refused the sum of ,£1,000,000 for the mine.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH19101126.2.23

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, Volume XXXII, Issue 923, 26 November 1910, Page 4

Word count
Tapeke kupu
295

DAY BY DAY. Manawatu Herald, Volume XXXII, Issue 923, 26 November 1910, Page 4

DAY BY DAY. Manawatu Herald, Volume XXXII, Issue 923, 26 November 1910, Page 4

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