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Round Mountain Project
Round Mountain
Country USA 
Province Nevada
Close to Tonopah
Status PRODUCTION 
Latitude / Longitude 38 N 42 / 117 W 4
Legends
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Produces Gold - Silver -
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Risk and valuation analysis of the Round Mountain Project
Status Risk : Production
Country Risk : Very Low
Resource Risk : 20.00%
In situ value
1,370,162,345 $
    Link to technical report
Title(s) of the Round Mountain Project
Barrick Gold Corp.
Joint venture: 50%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Barrick has a 50% interest in this gold mine; Kinross Gold Corporation owns the remaining 50% interest and is the operator.
Kinross Gold Corporation
Joint venture: 50%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Kinross acquired its 50% ownership interest in the Round Mountain open pit mine and became the operator upon completion of the combination with Echo Bay on January 31, 2003. An affiliate of Barrick Gold Corporation owns the remaining 50% interest in the joint venture known as the Smoky Valley Common Operation.
Location of the Round Mountain Project
Round Mountain is located approximately 96 kilometers north of Tonopah in Nye County, Nevada, at an elevation of approximately 1,890 meters.
 
History of the Round Mountain Project
The first recorded gold production from the Round Mountain District was in 1906. Commercial production commenced in 1977.
 
Geology of the Round Mountain Project
The Round Mountain orebody is a large, epithermal, low-sulphidation, volcanic-hosted, hot-springs type of precious metal deposit located along the margin of a buried volcanic caldera.
 
Reserves and resources of the Round Mountain Project
TonnageGradeReserves and resources
SilverGoldSilverGold
g/tg/tozoz
 Inferred268,0002.100.59 18 094 988 813
 Total 268 000 18 094 988 813
Definitions
Reserves and resources of the Round Mountain Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 988 813 988 813oz1 370 287 008 US$
 Silver 18 094 18 094oz 407 487 US$
Production history
Metal2009200820072006200520042003200220012000
GOLD (oz)427,829234,000605,940679,998636,340837,081799,311414,440819,507702,303
Location
Data last updated on : 12/31/2009
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources