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In Montana, four prospectors find significant gold deposits in what they call "Last Chance Gulch"

Montana, western portions, 1860, zoomable map
07/14/1864
A group of four prospectors, John Cowan, D. J. Miller, John Crab, and Reginald Stanley, discovered gold deposits in Montana, filing their claim under the name "Last Chance Gulch." The area soon teemed with miners and the fields there yielded around nineteen million dollars in gold in their first four years.  The town of Helena was also soon founded and became the capital of the Montana Territory in 1875.  (By John Osborne)
Source Citation: 
Michael P. Malone, Montana: A History of Two Centuries (Seattle, WA: University of Washington Press, 1976), 67. 

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