After some promising excavations all over the property approximately 200 feet above sea level, a mineral lease was granted to them[2] and the first ore recovered from the site was dispatched to Cockle Creek, N.S.W.
[3] In 1921, a larger shaft was sunk to recover ore and a small treatment plant was erected in 1924 to facilitate work there.
[4] By 1929, the mine ceased operations, due to poor metal prices worldwide and the exhaustion of the higher grade reserve.
Shafts and tunnels collapsed as timber rotted, and the land was susceptible to flooding from the Brisbane River.
In 1956, the state government provided to mine site to the University granting it permanent and exclusive surface and underground rights.