Here there are many concentrated ore deposits,[3] and the town was founded as a non-permanent base for mining prospectors in the area, with the residents typically camping out.
[4] The town was inconsistently abandoned through the 20th century: a 1949 account says that the Artillery Mountains area's "only inhabitants are a few prospectors and miners and two or three ranchers.
[2][4] The Rodgers brothers were still living in Alamo in 1928, when Al Rogers [sic] attests that the first manganese from the area was shipped in "about 11 cars" to Alabama.
[7] In 1968, the Bill Williams River was dammed and the now-ghost town was submerged, with parts of the reservoir 80 feet (24 m) deep.
[8] In 2020, new mines were opened around Alamo, with the British company Power Metal Resources (POW) having begun digging for gold nuggets after visiting the area and seeing "a 30 cm deep test 'pit' excavated and three small gold nuggets turned up with a borrowed metal detector".
[9] Value the Markets's Tom Rodgers reported on the discovery, and how it was being touted as 'comedy gold' based on the unorthodox dig.
He also noted that the POW share price increased 12%, reflecting that the site is owned as prospects by US firm Frisco Gold Corporation.