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1995 Mining History Association Tour Sixteen to One Gold Mine Allegheny, California June 4, 1995
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| Placer mining began in the Allegheny District in 1852, just three years after the start of the California Gold Rush. The earliest lode mining began a year later. In 1896, Tom Bradbury discovered the Sixteen to One vein. The Sixteen to One Mine was incorporated in 1911. Mining continued over the years by various owners and operators. From 1930-1950, the mine produced over 165,000 ounces of gold valued at over $63 million. Mining was phased out in 1965. In 1983, Lucky Chance Mining Corporation acquired the mine (name later changed to LCM Corp.)On December 17, 1993, the largest day of gold production was recorded, 2500 ounces. In July of 1995, a month after the MHA visit, 5,000 ounces ($2 million) were produced in just 10 days. In August of that year the mine paid its first dividend in 40 years. The mine primarily sells high grade specimens of crystallized gold and gold jewelry. The Underground Gold Miners Museum is also located in Allegheny, CA.(Adapted from the Sixteen to One website, http://Origsix.com.) |
PHOTO GALLERY
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Photo Credits: Roger Burt and Mike Langenfeld
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