![]() ![]() The Yukon Consolidated Gold Corporation was formed and they were the only company until 1966.ĭredge N o. 4 was built.Ĭanadian Klondike Mining Company went bankrupt. North Fork hydro power plant was in operation and supplying electricity to run all of the dredges.Ĭanadian Klondike Mining Company Dredge N o. Yukon Gold Corporation built the Twelve Mile ditch to provide water for hydraulic mining. The Yukon Gold Corporation operated nine dredges. Joe Boyle from Woodstock Ontario, was granted 40 square miles of land.Ĭanadian Klondike Mining Company managed by Joe Boyle, built their first dredge. Promoters negotiated with the Canadian government for large tracts of land The first dredge began operating in the Yukon. ![]() 17 Below Discovery on Bonanza Creek near the spot where it ceased operations in 1960. The dredge was rebuilt on Bonanza Creek by the Yukon Consolidated Gold Corporation and from 1941 to 1959 worked the Bonanza Creek valley. One of the two dozen dredges that worked this area, Dredge No. The ground at the mouth of Hunker Creek was so rich the dredge produced as much as 800 ounces of gold in a single day on Claim 67 Below. In 1927, it was refloated and continued to operate from the Klondike Valley to Hunker Creek. 4 commenced operations in May of 1913, and dug its way upstream in the Klondike Valley into what was known as the "Boyle Concession," sinking there in 1924. ![]() 4 in the Klondike goldfields © George Hunter Summaryĭredge No. 4 represents the many decades of corporate mining in the Canadian mid-north through the 20th century. Dredging continued in the Klondike until 1966, when the last of the Yukon Consolidated Gold Company's dredges shut down. It worked in the Klondike Valley on the "Boyle Concession" until 1940 and then was relocated to Bonanza Creek and worked this valley until 1959.Īt the peak of corporate mining, a dozen dredges, churned through the creeks. 4 built in 1912 for the Canadian Klondike Mining Company, was the largest wooden hulled bucket lined dredge in North America. Dawson City also provided a large labour force and suppliers and services to meet the corporate mining needs.ĭredge N o. The transportation network, of rail and steamship, that ended in Dawson City, ensured that the companies could receive the supplies of machinery that were needed to operate. It could provide government administration and banking services. They constructed a system of dams and ditches to provide an adequate supply of water for the dredges.ĭawson City was the key to the success of the efforts of the large corporations. The corporations constructed hydroelectric power stations to supply a reliable and consistent supply of power to run the dredges. Through negotiations with the Federal Government, the first concession was granted in 1900 to Joe Boyle. Large land holdings, called concessions had to be available to the corporations. Promotion of the Klondike fields brought in two large companies, the Canadian Klondike Mining Company in 1905 and the Yukon Gold Company a few years later. In September 1898, the first dredge began working the Yukon River. While hand miners were working hard, promoters and investors were looking for long-term mining possibilities in the Yukon. Much of the gold was simply too difficult and expensive to remove using hand mining techniques. During the early years of the Klondike Gold Rush, more than 30,000 miners hand mined for gold on the rich placer creeks. ![]()
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