Leadpoint was a mining town founded during the 1890s. High grade lead was discovered in the area which led to the creation of Leadpoint. Leadpoint had a population of 200 at it's peak and had a hotel, general store, barber shop, and several other businesses. At least two seperate mining companies ran in Leadpoint; the Gladstone Mine and the Electric Point Mine. Eventually, Leadpoint became a ghost town when the Electric Point Mine shut down in 1955.