Preparing historical newspaper collections is a complicated endeavour, consisting of multiple steps that have to be carefully adapted to the specific content in question, including imaging, layout prediction, optical character recognition, and linguistic annotation. To address the high costs associated with the process, we present a lightweight approach to producing high-quality corpora and apply it to a massive collection of Slovenian historical newspapers from the 18th, 19th and 20th century resulting in a billion-word giga-corpus. We start with noisy OCR-ed data produced by different technologies in varying periods by the National and University Library of Slovenia. To address the inherent variability in the quality of textual data, a challenge commonly encountered in digital libraries globally, we perform a targeted post-digitisation correction procedure, coupled with a robust curation mechanism for noisy texts via language model inference. Subsequently, we subject the corrected and filtered output to comprehensive linguistic annotation, enriching the corpus with part-of-speech tags, lemmas, and named entity labels. Finally, we perform an analysis through topic modeling at the noun lemma level, along with a frequency analysis of the named entities, to confirm the viability of our corpus preparation method.