Utah Gold, Silver and Platinum Products Through Drockton Bullion and Coin
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Utah Gold, Silver and Platinum Products are listed for sale on this website, DrocktonBullion.com. Also, we are Utah’s premier gold bullion, silver bullion and platinum bullion dealer. And, we guarantee best price, highest quality and extremely fast and free shipping. Therefore, Simply click on the image to see a specific product with live pricing. And. we also sell Utah Historical US Gold and Silver Coins.
Silver Bullion Coins and Bars in Utah (Click for Live Buy/Sell Pricing)
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History of Gold in Utah
The history of gold in Utah dates back to the mid-1800s when gold was first discovered in the state. Here are some key events in the history of gold in Utah:
First, the Discovery of Gold in 1863: The first gold discovery in Utah was made in 1863 by soldiers stationed in the area. And, they found gold while exploring the mountains near the town of Corinne.
Then, the Rush to Bingham Canyon in 1864: In 1864. Also, a major gold rush occurred in Bingham Canyon, which is now part of Salt Lake City. Furthermore, the area produced a significant amount of gold and silver and became one of the largest mining districts in Utah.
Followed by the Establishment of Park City Mining District in 1872. And, the Park City Mining District was established in 1872 after the discovery of a large silver deposit in the area. Also, Gold was found in the district and became an important part of the mining operations.
Including, Gold Hill District in 1870s: Besides, in the 1870s, the Gold Hill District became one of the largest gold producers in Utah. Furthermore, The district produced over 600,000 ounces of gold during its peak production years.
Finally, the Gold Mountain Mining District in 1890s: Besides, the Gold Mountain Mining District was established in the 1890s and produced a significant amount of gold and silver. Also, The district is located near the town of Marysvale in central Utah.
Leading to a Decline in Production: Meanwhile. the production of gold in Utah declined in the early 1900s due to a variety of factors. Including declining ore grades, labor strikes, and competition from other mining districts.
As a Result, today, gold mining in Utah is a small-scale operation, with most of the state’s gold production coming from small placer mines. However, the state still has significant mineral resources, and exploration for gold and other minerals continues in various parts of Utah. History of Gold in Utah is extremely interesting>
History of Silver in Utah
The history of silver mining in Utah dates back to the mid-19th century. As a result of the discovery of silver in the region a mining boom began that lasted for several decades. Which also played a significant role in the state’s economic development.
The first silver discovery in Utah was made in 1864. Surprisingly in the Tintic mining district. Relatively located about 75 miles southeast of Salt Lake City.
This discovery led to a rush of miners to the area. As a result, by the end of the decade, the district had become one of the most productive silver mining regions in the country.
In the 1870s, the Park City mining district, located east of Salt Lake City, emerged as another major silver producer in Utah. Besides, the district was home to several large mines. Including the Ontario Mine, which became one of the largest and most productive silver mines in the world.
The 1890s saw a decline in silver production in Utah. Unfortunately, as the price of the metal fell many mines were forced to close. However, the discovery of new deposits in the early 20th century revived the industry. Fortunately, by the 1920s, Utah was once again one of the leading silver-producing states in the country.
One of the most significant events in the history of silver mining in Utah occurred in 1912. It was then that the Bingham Canyon Mine was discovered. Also,this mine, located southwest of Salt Lake City, was primarily a copper mine. However, it also produced significant amounts of silver as a byproduct.
Today, Utah remains an important silver-producing state. And, with several active mines located throughout the state. As of today, the largest of these is the Bingham Canyon Mine. Fortunately it continues to produce silver, copper, and other metals on a massive scale. History of Silver explains Utah’s economic growth.