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PRECIOUS METALS (US $)
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1393.90
6.30
Silver
22.56
0.07
Platinum
1452.00
-5.50
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736.80
1.80
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131.0400
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AUS $
1.0335
CAN $
1.0327
Euro
0.7738
GBP (£)
0.6628
Sw Fr
0.9668
YEN
101.3940
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Gold / Silver
61.79
Gold / Oil
14.51
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Phoenix Project
Phoenix
Country
USA
Province
Nevada
Status
PRODUCTION
Latitude / Longitude
39 N 30 / 115 W 59
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Risk and valuation analysis of the Phoenix Project
Status Risk : Production
Country Risk : Very Low
Resource Risk : 75.00%
In situ value
13,646,569,668 $
Title(s) of the Phoenix Project
Newmont Mining Corp
Owner: 100%
Title
Company Profile
All Projects
Company website
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Newmont acquired Battle Mountain Gold Company, giving Newmont ownership of the Phoenix property, south of the town of Battle Mountain, where historic mining has left a halo of lower-grade gold and copper reserves.
Location of the Phoenix Project
The Phoenix property is south of Lone Tree.
History of the Phoenix Project
Phoenix project was part of the Battle Mountain Gold acquisition in January 2001. Over the past two years, Newmont has significantly enhanced the project's rate of return by optimizing the process flow sheet, reducing the project's capital costs, ide
more...
Geology of the Phoenix Project
Phoenix is a gold-copper skarn system,
Reserves and resources of the Phoenix Project
Tonnage
Grade
Reserves and resources
Copper
Gold
Copper
Gold
%
g/t
lbs
oz
Probable
281,136,550
0.15
0.99
929 700 000
8 905 050
Proven and Probable
281,136,550
0.15
0.99
929 700 000
8 905 050
Indicated
18,688,005
0.11
0.79
45 320 000
511 525
Mesured and Indicated
18,688,005
0.11
0.79
45 320 000
511 525
Inferred
13,789,208
0.17
0.89
51 680 000
428 313
Total
313 613 763
1 026 700 000
9 844 888
Definitions
Reserves and resources of the Phoenix Project
Metal
Total
Reserves
Mineralized Material
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
9 844 888
8 905 050
8 905 050
511 525
511 525
428 313
oz
13 722 788 686 US$
Copper
1 026 700 000
929 700 000
929 700 000
45 320 000
45 320 000
51 680 000
lbs
3 400 943 750 US$
Production Objectives
Metal
2013
GOLD (oz)
200,000
Location
Data last updated on : 12/31/2005
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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