Olympic Valley (commonly known as Squaw Valley) in the U.S. state of California is an unincorporated community located in Placer County northwest of Tahoe City along Highway 89 on the banks of the Truckee River near Lake Tahoe. It is the home of the Squaw Valley Ski Resort, the site of the 1960 Winter Olympics. It is the smallest place in the World to ever host the Olympic Games.
Squaw Valley was once a mining boom town and was the biggest mining operations in the Lake Tahoe region. There were rumors that the mine was "salted" with ore brought in from Virginia City. George Wharton James, Author of the book "The Lake of the Sky" doubts the mines were "salted" with ore and that the energetic prospector Knox started the mine with good faith. He writes all about the History of the Tahoe Region (pre 1915) in many of the chapters of his book. The Squaw Valley Mining boom was short lived and by 1863–64 the valley soon lost almost all of its inhabitants to the Comstock lode in Virginia City, Nevada.