The gold rush around Fairbanks started in 1896, and even with crude implements, hundreds of thousands of dollars worth of the mineral was taken out. Then, in 1927, technology caught up and these dredges were deployed. That's when the gold really started to flow – for 15 years. Yonda, our guide, and her family have been mining this area 40 years.
We toured the Goldstream 8 Dredge near Fairbanks. It operated until 1959, and in its active years produced 7.5 million ounces of gold. It's now on the National Register of HIstoric Places. We learned that panning for gold is much more difficult that it looks in the movies. Most people panning with us ended up with a few flakes. We each got about $25 worth.
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