Between 1883 and 1906
Tierra del Fuego experienced a
gold rush attracting a large number of Chileans, Argentines and Europeans to the archipelago, including a large number of
Dalmatians. The gold rush led to the formation of the first towns in the archipelago and fueled economic growth in
Punta Arenas. After the goldrush was over most gold diggers left the archipelago, while the remaining settlers
engaged in sheep farming and fishing. Indigenous
Selknam populations declined sharply during the rush.