680

Native gold from Homestake Mine in South Dakota

Currency:USD Category:Western Americana Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Native gold from Homestake Mine in South Dakota
Small vial. The Homestake deposit was discovered by Fred and Moses Manuel, Alex Engh and Hank Harney in April 1876, during the Black Hills Gold Rush. A trio of mining entrepreneurs, George Hearst, Lloyd Tevis, and James Ben Ali Haggin, bought it from them for $70,000 the following year. George Hearst arrived at the mine in October 1877, and took active control of the property. Hearst had to haul in all the mining equipment by wagons from the nearest railhead in Sidney, Nebraska. Arthur De Wint Foote worked as an engineer. Despite the remote location, an 80-stamp mill began crushing Homestake ore in July 1878. The gold ore mined at Homestake was always low grade (less than one ounce per ton), but the body of ore was very large. Through 2001, the mine produced 39.8 million ounces of gold and 9 million ounces of silver.

State: SD
City:
County: Custer

Date: