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When the Cline mine opened, Goudreau sprang to life with some 200 residents coming to the area to work. Not all of the residents worked in the mine, some of them were pospectors in search of the gold, silver, copper and iron pyrite. During the First World War, the mine was leased to the Nichols Chemicals company for the production of sulphuric acid. After the war ended, the market fell and the mine ceased operations. Other mines soon set up operations in the area. They went by the names of The Emily, Algold, Algoma Summit and The Edward. Each mine had a town site for their employees.
The town continued to grow, with the building of a two-storey railway station, workers homes and a movie theatre. A post office was built in 1915 and closed in 1966.
The Second World War ultimately led to Goudreau's demise as the demand for gold came second to iron and steel for the war. The mines eventually closed down as costs increased. Located along, Highway 519, Goudreau is now a virtual ghost town, still used for logging operations and summer homes.
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