Discovery Mining and Power
Discovery Mining and Power
Atlin The History of BC’s Last Gold Rush
Tuesday, January 1, 1918
Excerpt fom Atlin The History of BCs Last Gold Rush
Perhaps the Guggenheim’s huge success in gold mining resulted from knowing when to quit, yet from 1910 on, and for a number of years, North Columbia Gold mIning Company worked the Guggenheim property with good overall resuls, the best year being 1913, when profits exceeded all other seasons. It was obvious that hydraulic mining was the best method for Pine Creek, and Ruffner’s company used from 6 to 15 big monitors at various times. In 1914 the companies were reorganized into Columbia Mines . They remained the largest interest on the creek, employing as many as 50 men, and consistently produced good values. In 1918 Ruffner’s company, Atlin Gold Mines. acquired the Guggenheim properties, and the reaminder of the group was sold to F.H. Mobley and Louis Schulz, who named their company Discovery Mining and Power.
Frank Mobley and Louis Schulz setup Discovery Mining and Power