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In 1900 J.B. Tyrell of the Geological Survey of Canada published a report that indicated that the Bissett area had potential for gold mineralization. It was not till March 1911 that E.A Pelletier who was prospecting became interested in the area while working for the Royal North West Mounted Police. It is thought that he was introduced to Duncan Twohearts who took him to the shores of Rice Lake where they found a boulder of quartz that had pure gold within. It was after this find that the first claims were staked in the area. This event was followed by prospecting and staking in the surrounding region, leading to small scale gold production by 1916 from the Gold Pan property southeast of Rice Lake.