Mogollon began after gold and silver discoveries in the 1870s and grew along Silver Creek into one of New Mexico’s most productive and notorious mining towns. Anchored by the Little Fannie mine, it drew thousands of miners in the 1890s and became a major center of the state’s precious-metals economy, despite its remote setting and repeated destruction by fire and flood. As ore grades declined, the population fell sharply, and the camp effectively closed after the Fanny mines shut in 1942. Today, as a ghost town and historic district, Mogollon’s surviving buildings preserve the industrial and architectural legacy of a once-thriving mountain boomtown.