The first usage of the name Swastika occurred in their 1907 Annual Report to indicate a water tank located at the site to meet the needs of the steam trains that opened up northern Ontario.

[5] Prospectors and miners flocked to the area and after viewing the find at the Swastika Gold Mine they advanced even further throughout the surrounding region.

In 1909 the Lucky Cross Mine adjacent to the Temiskaming and Northern Ontario Railway tracks began producing gold.

[4]: 33, 79  By 1911, a hotel and businesses were flourishing, the area to the east was heavily staked and in 1912 the major gold mines of Kirkland Lake were found and developed by Harry Oakes.

On May 26, 2021, the Province of Ontario announced plans to reinstate the Northlander passenger train between Toronto and Timmins and/or Cochrane.