Built in 1912 by the Canadian Klondike Mining Company, this floating, bucket-line dredge worked the gravels of the Klondike River Valley until 1940. Further development depended on substantial investment in equipment. That figure dropped to roughly 8,000 a decade later, by which point the boom had ended. In 1901, the first Yukon census revealed a population of more than 27,000.
In response to this remarkable growth, the Canadian government established Yukon Territory in 1898, with Dawson as its capital. Before long, it was the largest city west of Winnipeg. This was the beginning of the Klondike Gold Rush. As word spread, thousands of fortune-seekers flooded the region, many of them from the United States.
Prospectors discovered gold on Bonanza Creek in 1896. 4 was in use for over 40 years, during which time gold mining in the Klondike evolved from the labour-intensive manual techniques of early prospectors to large-scale, corporate industrial extraction methods.
4 symbolizes the historical importance of Yukon’s dredging operations in Canada. Located on Bonanza Creek, where it came to rest in 1960, Dredge No.
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