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The other main attraction is the old Golden Point mine in Deepdell Creek, 5km from Macraes. The mine was opened in 1889 and finally closed in 1930. The small battery, still in working order and within its original building, was originally used to extract gold from reef-quartz, and more recently for scheelite (the ore of tungsten).
The town lies on the junction of SH 1 (Christchurch to Dunedin) and SH 85 (The Pigroot) which was an early route to Central Otago. The journey inland was anything but easy for the early goldminers. At Dead Horse Pinch, near the Pigroot summit (45km from Palmerston), is a roadside plaque which commemorates the hardships faced by the travellers - miners, wagoners and coaches in those early days.
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