For a 20-year period prior to 1900 the mining in Nevada fell into a slump that cast the entire state into a bleak depression and caused the loss of one-third of the population.

The picture brightened overnight following the spectacular strikes in Tonopah and, shortly afterwards, in Goldfield. Gold ore was discovered here in December 1902 by two Nevada-born prospectors, Harry Stimler and Billy Marsh. From 1904 to 1918 Goldfield boomed furiously. The city had a railroad that connected into Las Vegas and a peak population of 20,000. Between 1903 - 40 a total of $86,765,044 in metals was produced here.

Nevada Centennial Marker No. 14