Cobalt Silver Rush

The Cobalt Silver Rush started in 1903 when huge veins of silver were discovered by workers on the Temiskaming and Northern Ontario Railway (T&NO) near the Mile 103 post. By 1905 a full-scale silver rush was underway, and the town of Cobalt, Ontario sprang up to serve as its hub. By 1908 Cobalt produced 9% of the world's silver, and in 1911 produced 31,507,791 ounces of silver. However, the good ore ran out fairly rapidly, and most of the mines were closed by the 1930s. There were several small revivals over the years, notably in World War II and again in the 1950s, but both petered out and today there is no active mining in the area. In total, the Cobalt area mines produced 460 million ounces of silver.

The Cobalt Rush was instrumental in opening northern Ontario for mineral exploration. Prospectors fanned out from Cobalt, and soon caused the nearby Porcupine Gold Rush in 1909, and the Kirkland Lake Gold Rush of 1912. Much of the settlement in northern Ontario outside the Clay Belt owes its existence indirectly to the Cobalt Rush.

Read more about Cobalt Silver Rush:  Before The Rush, Discovery, Rush, Decline

Famous quotes containing the words silver and/or rush:

    ‘Guess now who holds thee?’—‘Death,’ I said. But,
    there,
    The silver answer rang, . . . ‘Not Death, but Love.’
    Elizabeth Barrett Browning (1806–1861)

    Bolkenstein, a Minister, was speaking on the Dutch programme from London, and he said that they ought to make a collection of diaries and letters after the war. Of course, they all made a rush at my diary immediately. Just imagine how interesting it would be if I were to publish a romance of the “Secret Annexe.” The title alone would be enough to make people think it was a detective story.
    Anne Frank (1929–1945)