The Spanish crown then established the Province of Veragua and made the Spanish captain Francisco Vázquez, survivor of a dramatic El Dorado expedition, its first governor in 1560. Santa Fe was founded around that time for the purpose of gold mining.
The Spanish crown established the Province of Veragua in 1560, appointing Francisco Vázquez, a survivor of an El Dorado expedition, as its governor. Around the same time, Santa Fe was founded for the purpose of gold mining.