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Waldo Has A "Golden" History

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During the early 1800s several mines operated near Waldo on 1,180 acres. Gold Log Mine was the largest and consisted of a water-powered mill which turned a generator and a jaw crusher, ten 750-pound stamps, two 60-ft. amalgamation plates, blanket covered tables and an electric furnace. Reports suggest the mill extracted as much as $80 of gold per ton of ore. The facility closed in 1940.
Claude Waid, a driller in the mine, recalls, “The gold was just like a smear on a butterfly wing. Very seldom would you find enough as big as a pin head. We were working down under the creek and you had to keep the pumps running.” (4)
Another Waldo resident, Fred McKnight, said his cousins panned Talladega Creek during the Depression and made $5 per day.
The second largest mine in the area was Riddle’s Mill and assays taken in 1930 showed the quartz ore to contain $20 to $150 in gold per ton.
“They were (in 1888) mining 20 tons of ore per day profitably and there was five distinct veins.” (5)
By 1889 the Storey Mine was said to have yielded $100,000 in gold. Men panning for gold at nearby Robb Placer before 1930 made up to $50 per day.



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