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He noted a good day of mining would get a miner about $100 a day in gold in 1853 ($3,987.00 in today's money), but prices of goods were also high. At it peak during the start of the finds in the winter of 1849 miners were finding $200 a day as gold was being found in all the river, creek, or stream in the valley, as there was more water in the ...
The ranch's was bordered on the west by Coyote Creek. George Brown founded the ranch in the 1850, and supported the gold rush miners. George Brown sold the ranch in 1860 to William. Auditt and George March. In 1882 the ranch was sold to Leo Dolan and again sold in 1889 it was sold to William and Ethel Adams, mining engineer from Boston.
The California gold rush (1848–1855) was a period of American history in which the most amount of gold seen at the time was discovered. The initial discovery of gold in America in 1848 attracted many immigrants who were intent on the opportunity and potential wealth that came with gold mining.
In 1858, the sheriff sold the company to Edward McLaughlin to settle an $8,000 judgement. In Feb. 1860, it was purchased for $15,000 by the owners of the North Star Group, which became the North Star Quartz Mining Co. in 1861. The North Star Gold Mining co. was incorporated in 1867. The mine shut down in 1875 after reaching a depth of 1,200 feet.
By 1855, the economic climate had changed dramatically. Gold could be retrieved profitably from the goldfields only by medium to large groups of workers, either in partnerships or as employees. By the mid-1850s, it was the owners of these gold-mining companies who made the money.
Portuguese Flat was a California mining camp of the early 1850s during the California Gold Rush, consisting largely of Portuguese miners. It was located about 35 miles north of Redding, California near what is currently now the unincorporated community of Pollard Flat. It is in the ZIP code area of 96051 and the area code 530.