The Hope, Katy, and White Elephant mines were once part of the most productive mining enterprise in the history of the Basin. The Hope and Katy lodes produced $5,000,000 of ore between 1890 and 1910. On April 20, 1895, the Blast Times reported a particularly good strike made that spring, saying the Hope mine had long been noted for the richness of its ores and was then also noted for the quantity of solid gold. Upon the discovery of a drift of exceptionally rich ore, Foreman Buckley summoned Manager Fletcher, and in the first piece he picked up was contained over $500 of pure gold. The Jib Mill was built in 1900 to efficiently process the ore, at one time employed more than 100 men, and burned down in 1975.