Discovery
In 1849 and 1850, several parties of gold seekers bound for the California Gold Rush panned small amounts of gold from various streams in the South Platte River valley at the foot of the Rocky Mountains. The Rocky Mountain gold failed to impress or delay men with visions of unlimited wealth in California, and the discoveries were not reported for several years.
As the hysteria of the California Gold Rush faded, many discouraged gold seekers returned home. Rumors of gold in the Rocky Mountains persisted and several small parties explored the region. In the summer of 1857, a party of Spanish-speaking gold seekers from New Mexico worked a placer deposit along the South Platte River about 5 miles (8 kilometers) above Cherry Creek in what is today Denver.
William Greeneberry "Green" Russell was a Georgian who worked in the California gold fields in the 1850s. Russell was married to a Cherokee woman, and through his connections to the tribe, he heard about an 1849 discovery of gold along the South Platte River. Green Russell organized a party to prospect along the South Platte River, setting off with his two brothers and six companions in February 1858. They rendezvoused with Cherokee tribe members along the Arkansas River in present-day Oklahoma and continued westward along the Santa Fe Trail. Others joined the party along the way until their number reached 107.
Upon reaching Bent's Fort, they turned to the northwest, reaching the confluence of Cherry Creek and the South Platte on May 23. The site of their initial explorations is in present-day Confluence Park in Denver. They began prospecting in the river beds, exploring Cherry Creek and nearby Ralston Creek but without success. In the first week of July 1858, Green Russell and Sam Bates found a small placer deposit near the mouth of Little Dry Creek that yielded about 20 troy ounces (622 grams) of gold, the first significant gold discovery in the Rocky Mountain region. The site of the discovery is in the present-day Denver suburb of Englewood, just north of the junction of U.S. Highway 285 and U.S. Highway 85.
Read more about this topic: Pike's Peak Gold Rush
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