Gabriel's Gully is a locality in Otago

Otago

Otago is a region of New Zealand in the south of the South Island. The region covers an area of approximately making it the country's second largest region. The population of Otago is...

, New Zealand

New Zealand

New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...

, three kilometres from Lawrence

Lawrence, New Zealand

Lawrence is a small town of 474 inhabitants in Otago, in New Zealand's South Island. It is located on State Highway 8, the main route from Dunedin to the inland towns of Queenstown and Alexandra...

 township and close to the Tuapeka River

Tuapeka River

The Tuapeka River is located in Otago in the South Island of New Zealand. It is a tributary of the Clutha River, which it joins at Tuapeka Mouth between Roxburgh and Balclutha....

.

The discovery of gold

Gold

Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...

 at Gabriel's Gully by Gabriel Read

Gabriel Read

Gabriel Read was an Australian gold prospector who, after working on the goldfields of California and Victoria, Australia travelled to New Zealand, having heard rumours of gold being found in Mataura, Southland. On 20 May 1861, he discovered gold close to the banks of the Tuapeka River in Otago,...

 in May 1861 led to the Central Otago goldrush. While gold had been found in the Otago before, this rush was beyond expectation, with the population of the gold field rising from almost nothing to around 11,500 within a year, twice that of Dunedin

Dunedin

Dunedin is the second-largest city in the South Island of New Zealand, and the principal city of the Otago Region. It is considered to be one of the four main urban centres of New Zealand for historic, cultural, and geographic reasons. Dunedin was the largest city by territorial land area until...

at the time. It also stimulated oversea interest in the new colony.