The series is based on Charlotte Gray's novel, "Gold Diggers: Striking It Rich in the Klondike," which follows six strangers as they search for gold in the 1890s in a remote, small town.
Ridley Scott will executive produce and "Prison Break" writer Paul Scheuring is set to script the show, Zap2It.com reported Friday.
The miniseries is scheduled to being production in March, though an official air date has not been announced.
Cooper, who won a supporting actor Oscar for "Adaptation," has also appeared in "American Beauty," "Seabiscuit" and "Lonesome Dove."
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