James "Old Virginny" Finney, born in Virginia in approximately 1817, is credited with discovering the Comstock Lode. Traveling west, he became one of the first of several hundred placer miners in Gold Canyon during the 1850s. In January 1859, Finney, Alec Henderson, Jack Yount, and John Bishop climbed up the canyon, having depleted the surface deposits along the creek. They discovered a rich outcropping they named Gold Hill, which was the southern end of the great Comstock Lode. Within a few months, Old Virginny gave away his subdivided claim as gifts or for little money.