The first person I know of to do any work in the area was a Mr Gregory a mining engineer, this was in the mid 1960's, he mainly tried precipitation using old horseshoes in launders to attract the mineral deposits, he then moved on to bringing in some plant to process dump material, Mr Gregory was on the site for a few years. Although people were very sceptical about Mr Gregory's attempt to make a living from his activities, it is said that he did in fact make a reasonable sum of money from the project.
Later work with the heavier and more extensive plant was put in place in the 1970's and stayed until the early 1980's, I am not sure who financed the operation, but I believe that Consolidated Gold was involved at one point and then I think Rio Tinto Zinc also had a hand in the operation.
Steve