Floating of Union Jack Mining Company

Ballarat Star (Vic. : 1865 - 1924), Monday 28 August 1905, page 3 BUNINYONG. It is with pleasure that we have to record the floating of the Union Jack Gold Mining Company, known as Bren’s lease, which was discovered lately by that.party, and which trinl crushing produced the most satisfactory returns of 3 oz 11-dwtj or 43 oz from 12 tons. This find is situated in the east of Warrenlieip street, and within half a mile of the post office. The original prospectors, of which there were four, sold the lease on Friday last.at a very satisfactory price, to a wealthy Melbourne syndicate, who in less than an hour floated same in 30,000 shares, and operations will immediately be started, and a 10-head battery will be erected. This discovery is pronounced to be a very permanent lode, and a great revival of quartz mining is expected. All the ground is taken up for miles north and south.