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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
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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%
Title
Company Profile
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Company website
Company 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%
Title
Company Profile
All Projects
Company website
Company 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
Tonnage
Grade
Reserves and resources
Silver
Gold
Silver
Gold
g/t
g/t
oz
oz
Inferred
268,000
2.10
0.59
18 094
988 813
Total
268 000
18 094
988 813
Definitions
Reserves and resources of the Round Mountain Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
988 813
988 813
oz
1 370 287 008 US$
Silver
18 094
18 094
oz
407 487 US$
Production history
Metal
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
GOLD (oz)
427,829
234,000
605,940
679,998
636,340
837,081
799,311
414,440
819,507
702,303
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
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