![]() By 1911, the mine had closed, and by 1920, the last holdouts had dwindled to 14 lonely souls. As quickly as Rhyolite sprang up, it started to deflate when the financial panic of 1907 kicked off a rush in the opposite direction. The town boasted an ice cream parlor, a school, an ice plant, banks, and a train station. The first post office opened in 1905 at its peak in 1907-1908, Rhyolite was probably home to between 3,500 and 5,000 people. Thousands of people began streaming into the area. ![]() While prospecting in the area, they found gold in the Bullfrog Hills, named for their green-spotted rocks. Cross sparked the birth of Rhyolite in 1904.
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