F. E. Company Dredge No. 4

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The Pedro Dredge, also known as F.E. Company Dredge No. 4, was originally owned by the Fairbanks Exploration Company (FE Co.), a subsidiary of the United States Smelting Refining & Mining Co. (USSR&M). It was built by the Yuba Manufacturing Company in California, and was shipped to Pedro Creek north of Fairbanks in 1938. It was assembled there, and operated until 1958.

The following year it was disassembled, trucked to Chicken, Alaska and reassembled. The dredge commenced operations on lower Chicken Creek] in September and worked approximately five months every year thereafter until October 1967, when it produced its final cleanup.

In 1998, the 500 ton dredge was moved overland to its current location at the Chicken Gold Camp.

In 2006, the dredge was added to the National Register of Historic Places and was opened to the public.