[3] Jake Davidson discovered gold in 1916 and teamed up with Weldy Young in 1930 to start the Young-Davidson mine.

[4] The impetus to the town's growth came in the 1920s when mineral deposits, such as gold, copper, and molybdenite, were found in the area.

From then on it experienced boom and bust cycles of typical mining towns, depending on the swings in commodity prices, but its economy has gradually shifted to forestry and tourism.

[4] In 2006, a medivac helipad was built to help accommodate the possibility of injuries that may occur at the Young-Davidson mine site.

In 2008, an old and worn out wooden bridge over the Montreal River which was built in 1937 was replaced with a new steel-concrete reinforced structure for safety reasons regarding the heavy traffic to/from the mine.