Gold was discovered at White Mountain in 1891, and the site was first developed in the early 20th century. Through the efforts of Carl Whitham, the Nabesna Mining Company was formed in 1929, resulting in an expansion of the camp and the construction of Nabesna Road. The mine was closed during World War II, and only briefly reopened afterward, closing permanently after Whitham died in 1947. The location was used as a secret supply cache by the United States Army during the Cold War. The mine produced 2.5 short tons (2.3 t) of gold during its active period, as well as many tons of silver, copper, and lead.
Nabesna first appeared on the 1930 U.S. Census as an unincorporated mining village. It appeared again in 1940 and 1950. It did not appear again until 2010, when it was made a census-designated place (CDP).
The Nabesna mining community is not to be confused with Nabesna native village, which was located west across the Nabesna River from present-day Northway Village (CDP). It also appeared on the 1940 U.S. Census showing 85 residents. There is some confusion as to which Nabesna appeared on the 1960 U.S. Census (showing 41 residents). The native village was reported to have flooded and residents left around 1950. Nabesna was merged with Northway on the 1950 census as "Northway-Nabesna." Some residents had earlier relocated from the native village upriver to the abandoned Reeve Airfield, adjacent to the Nabesna mining community after World War II.[8] Owing to the 1960 U.S. Census map showing Nabesna native village still in existence adjacent to Northway, that is given credence, but further research may be needed due to confirm if this is not erroneous. Nothing remains of that native village as of the 2010s.[9]