Risk and valuation analysis of the Shotgun Project |
Status Risk : Advanced discovery |
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Title(s) of the Shotgun Project |
| TNR Gold Corp Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Shotgun Project |
The Shotgun property is located 110 miles (180 kilometers) south of Donlin Creek within the Kuskokwim Gold Belt in Southwestern Alaska.
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History of the Shotgun Project |
NovaGold previously completed a 3,100 meter diamond drilling program on the Shotgun deposit and outlined an Inferred Resource of 980,000 ounces grading 0.93 g/t at a 0.5 g/t cut-off (See Resource Note 3).
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Geology of the Shotgun Project |
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he mineralization remains open to the north, west and at depth. Metallurgical tests indicate gold recoveries in excess of 90%. The Shotgun deposit is exposed at the surface and is amenable to open pit mining.
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