It was between Hudson and Red Lake that a Hudson's Bay Post opened around 1922 in an area, at the Northern point of the Lac Seul. The area came to be named "Pine Ridge".

In 1925 a party of prospectors in search of gold made a large discovery in the area of Red Lake. By the end of that same year word of the gold find had made international news, bringing prospectors from around the world to Red Lake in hopes of striking it rich. They arrived by sleighs pulled by dog sleds or bravely ventured across the the frozen lake by foot. Soon more than 3000 men were scouring the area for gold.

Freight companies such as the Starrat Transportation Company and Red Lake Transportation (with 60 teams of horses) were formed. These companies used various methods to haul water, food, and machinery out to the mines.

As the miners could be rowdy at times, an Ontario Provincial Police detatchment opened up with two constables on duty.

Pine Ridge grew to include a post office, three stores (two were owned by Kelly Chamody and Joe Kert), three restaurants, hotel, G.E Lawsons law office, barbershop and pool hall.

The population was approximately 130 residents with an estimated 100 guests.

Kelly Chamody opened the first post office in 1926 under the name of Pine Ridge. In 1928 that name was changed to Goldpines to avoid confusion with another postal office with the same name

Gold Pines saw two events lead to its eventual closure. The first was the arrival of the CN Railway which saw freight being bypassed to Goldpines and unloaded at Snake Falls where it was then shipped out to mines. The second was the construction of the Red Lake Road. By 1935 the townsite was empty.

Gold Pines saw a revival in the following years as new mines opened in the area. By the 1940's, Pine Ridge had been revived and had become the largest freight base in all of Canada. By that time, four air freight companies were in operation shipping out goods to local mines.

When the Second World War began, the mines, including eight newly opened ones, closed due to a shortage of manpower. A highway was completed to Red Lake in 1944, thus dooming Gold Pines future. The post office closed in 1950 while a few residents remained.

Some of the original buildings can be found in the Goldpines Camp camping ground.