Woolaston, on finding surface traces of gold ore, staked the Bulldog, the Sunnyside, the Copperfield, the Iron Duke, the Horsefly, the Exchange Fraction, and the Nickel Plate.
Daly arranged for an initial 35-horse packtrain to carry supplies 40 kilometres (25 mi) across the mountain range from Fairview.
He established a small settlement on top of the mountain, but needed a more efficient means to bring in supplies, and transport out ore. By yearend 1900, aided by a $4,000 provincial grant, he had constructed a wagon road to Penticton, from where the Canadian Pacific Railway lake ferries linked to the CP rail network.
At the southeastern edge of Hedley Camp, the components of the DRC 200-ton daily capacity concentrator were powered by a 5-kilometre (3 mi) water flume, sourced from an upstream dam on the creek.
[1] The two-stage tramway, which moved loaded ore gondolas from the mine, 0.5 kilometres (0.3 mi) vertically above, comprised a 3.0-kilometre (10,000 ft) narrow gauge track, reputed to have been the longest example in the world.
[1] To access a separate part of its property, DRC approached Duncan Woods, owner of the small Mascot claim that year.
Armed guards escorted the gold output to Penticton for shipping by a circuitous route to the Everett smelter.
[1] In 1909, believing the best ore depleted, the Daly estate sold the operation for $760,000 to U.S. Steel subsidiary, the Exploration Syndicate of New York.
In 1911, the laying of track through the VV&E tunnel at Princeton created a short direct link to the Coalmont deposits.
However, the river proved as problematic as the creek during winter freezing or chunks of ice battering and damaging the dam, leading to closures during 1920 and 1925.
[7] In 1971, the descendants of the two companies merged to become the Mascot Nickel Plate Mines, consolidating the entire mountain under one owner.
To finance the $10 million project and pursue interests farther afield, MGM amalgamated with several smaller mining companies to form the Corona Corporation, with subsequent restructuring.
[8] Just before the western outskirts of Hedley, a pullout with a green historic marker provides an eastward viewpoint of the straight scar of the former tramway route down the face of Nickel Plate Mountain.