In 1983, the White Pine Historical Railroad Foundation was organized to receive, administer, and develop an operating railroad museum. Kennecott made substantial donations consisting of: over 32 miles of track, East Ely Complex of machine shops, roundhouse, yards, and rolling stock as well as the McGill Depot. In September of 1986, Engine #40 was steamed up for the first time since 1964 and pronounced to be in perfect mechanical condition. A new era thus was born as the newly dubbed "Ghost Train of Old Ely" began chugging along once familiar rails to thrill generations young and old.