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Potential $8 billion mine project in Mariposa brings California closer to new gold rush
By Brisa Colon
KFSN-TV30, Fresno, California
Friday, July 3, 2026
MARIPOSA, California -- More than a century after prospectors helped establish Mariposa during California's Gold Rush, mining companies are once again turning their attention to the area in search of valuable minerals.
Mariposa, located in California's historic Mother Lode gold belt, was founded during the Gold Rush era. Today new mining projects are drawing attention from residents, investors, and industry observers as companies seek to develop sites with significant mineral deposits.
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"We are the gold mining capital of all California. Here was the biggest hit across the entire state. In fact, it's coming back a little," Mariposa County Supervisor Jennifer Kiser says.
Two companies are leading the renewed interest in mining activity in the area.
Lode Gold is pursuing a high-grade development project at the historic Fremont Mine. Preliminary assessments estimate the site contains about $8 billion in gold. ...
Another company, Blue Moon Metals, is also exploring the region. In addition to gold, the company is searching for minerals including zinc, copper, and silver. ...
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