Either Mid Wales:
Dolaucothi Gold Mine
or
The Forest of Dean:
Bailey Level near Drybrook - Ross Road 1100 yds N 13oE of Euroclydon, Drybrook. NGR SO 6480 1980 A 550 feet. Opened in 1906 as a gold mine! Only 6 grains of gold per ton were found, but this was enough to float a company of £49,000 [about £2.3M today] in £1 shares. Although it sounds like a scam the theory is impeccable. Gold is a ubiquitous element and had long been known in the area in small amounts. The pebbly conglomerates near Micheldean are said to resemble the Banket or gold bearing conglomerates of the Transvaal, Rhodesia and West Africa. There the similarity ends. In the Bailey Level the amount was a lot, lot smaller! In 1921 the level was extended to a total of 580 yards to the Wigpool Mines qv. Two headings, at a distance of 530 yards and 574 yards from the entrance of the adit were abandoned at 19 yards and 44 yards respectively. Work was suspended in 1924, in all only 3000 tons of iron were found. In 1996 speculation was rife that the mine was due to be re-worked for gold! However, this was not to be as gold belongs to the crown and Free Miners rights do not apply. Owned by Ray Wright of Clearwell Caves. It is gated and slowly being cleared and is to be opened to the public sometime in the future.
Access: as for Old Ham Pit qv.
References: Baily, Roger 2002 Gold Mining in the Forest and Tayton. RFoDCC N/L (127) 4-6
Hart, C E 19xx Gold in the Dean Forest. Trans Bristol & Glos Arch Soc 65 (44)
Phelps 1994 p 61 Sibley p 30 - 31;
The Guardian March 11, 1996 p 6; Trotter p 65;
Waters p 163; WMS N/L (26) 1 item 3;
Cutting coal in my spare time.