Elizabethtown, aka E-Town, was founded in 1866 when gold was found in the area. It was New Mexico's first incorporated town.

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Elizabethtown burned brightly and briefly in the 1870s and 1880s. There isn’t much left now, but at one time 7000 people lived there and miners extracted millions of dollars of gold and copper from the surrounding mountains & stream beds - https://newmexiconomad.com/elizabethtown/

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